Tag: Knowledge Capture

The Idea Vault: A Bank Best Practice

Bank Knowledge Capture

One of the biggest assets a bank has goes untapped in probably 95% of banks. Everyday term sheets are produced on loans, customer problems are handled and new ideas arise. Unfortunately, management hasn’t put a system in place, and because bankers are busy it is hard to carve out 20 minutes to share their experience and knowledge with their co-workers. As a result, the collective knowledge of a bank is vastly underutilized and solutions to current problems take longer, cost more and produce higher opportunity cost.

 

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