With the financial sector changing at an ever-accelerating rate, the competitive dynamics of the industry is evolving rapidly and the rules of the game are getting re-defined. While new technologies and distribution channels threaten to erode traditional power bases, the forces of consolidation are embracing most segments in the financial services market. Further regulatory developments are opening up markets whilst also upgrading norms to international standards. Strategic Audit Techniques Incorporated’s strategy framework assists in aligning business strategies to this challenging environment. The key services provided to existing as well as new financial service players include:
Strategy development, which involves articulation/clarification of vision and objectives, identification and evaluation of strategic options and selection of strategies. The focus areas include organization structure, competitive positioning, product/segment strategy, information technology, marketing and distribution, and overall business profitability.
Business plan formulation is designed to provide a comprehensive analysis of the organization’s business units and the markets it operates in. The objective is to identify key business drivers, provide detailed guidelines for goal setting and formulation of action plans. We also assist new companies with license applications to the regulators