DBS From the Worlds Best Bank to Building the Futureready Enterprise SiewKien Sia Peter Weill Xu Mou 2018
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– Topic: DBS from the World’s Best Bank to Building the Futurestandardized Enterprise, SiewKien Sia Peter Weill Xu Mou 2018 Section: Pay Someone To Write My Case Study As I read the book, “DBS: From the World’s Best Bank to Building the Futurestandardized Enterprise,” I became deeply interested in both the bank’s growth and its corporate culture. One of the most compelling stories in the book revolves around two bankers named Michael
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“The World’s Best Bank” DBS Bank’s mission statement is “To Be a Bank for All”. As one of Asia’s leading bank, DBS has been recognized as the Best Bank in Malaysia, Singapore, Indonesia and Hong Kong over a number of years. DBS’s customers are predominantly in the consumer segment, particularly the ‘young and urban’ segments. DBS also focuses on niche segments like ‘money lending’, ‘retirement’, ‘insurance’ and ‘banking of the rich’
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The year 2018 was quite eventful for DBS. Not long after my initial review, the world’s top bank announced its expansion plans to develop and build a futuristic enterprise. The plan is to build three vertical malls across Asia, one for each continent, where employees will be able to recreate a futuristic workspace that is both comfortable and environmentally conscious. This project promises to revolutionize the banking industry. While the other banks will continue to evolve and adapt to the ever-changing needs of their customers
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“If I were in charge of the world’s top 500 banks, here are some major shifts I am contemplating for my new enterprise that will enable it to reap its “Futureready” potential to build a new world of banking”. In the year 2018, the 500 most successful banks are estimated to have earned US$ 450bn in profit, up 12% from US$ 410bn in the previous year. DBS has reported net profit of S$
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“We are on the cusp of something exciting”, was one of the best things I ever said. visit their website At the time, I didn’t even know it was an aphorism. But that is exactly how the whole thing came about. Fast forward two years, after we had all but won our battle to turn DBS into Singapore’s first ‘World Bank’- the ultimate ‘innovation bank’. When I started the bank, DBS was already a financial services champion in Singapore. It had an excellent credit-worthy franchise
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This piece, based on my first-person narrative, takes me back to DBS, one of the world’s top banks, with an eye on the future. link We all know that today’s economy is a highly digitalized one. Digitalization has already shaped the way we work, shop, communicate and consume. With digital, everything has become easier and faster. This means DBS was quick to adapt to digital. To ensure efficiency, DBS implemented digital initiatives such as online banking, mobile banking, ATMs, remote deposit
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I was fortunate enough to read the case studies from DBS (S.E. Asia’s leading bank) and a few other banking institutions. I was quite impressed with their research and the insights into the company. DBS is one of the leading banks in S.E. Asia, and its “worlds best bank” title comes after their performance during the Asian financial crisis of 1998. They were the pioneers in introducing e-banking to the region, offering customers free and online bill payment and loan applications. S