Objective:
To make one of the industry-leading efficient banks even more efficient.
Industry:
Financial servicesKey Facts:
- Industry-leading efficiency ratio of 48% BEFORE the project began
- Significant ownership by Lindner family, who were seeking to improve value
Results:
- Generated 2,000 ideas for change
- Increased pretax earnings by 25%
- Stock price increased by 35% in first year after project