BenchMark Consulting International Appoints Regional Banking Practice Manager; Financial Services Veteran, Charles J. Yancey to Head up Consulting Practice.Business Editors ATLANTA--(BUSINESS WIRE)--May 5, 2003 BenchMark Consulting International, a leading international management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects firm to the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry announced the appointment of Charles J. Yancey as the regional banking practice manager. The regional banking practice offers solutions in business process and continuous improvement that will reduce cost, increase revenue and enhance customer relationships for organizations in the areas of sales and service, administration, loans and deposit. As practice manager, Yancey is responsible for all aspects of the regional banking practice including sales, engagement management, client relationships and practice profitability. For the past 30 years, Yancey's experience in the financial services industry includes in-depth experience in revenue enhancement revenue enhancement An increase in revenues, especially by way of increased taxes. Revenue enhancement includes reducing taxpayer deductions and eliminating tax credits. , organizational effectiveness Organizational effectiveness is the concept of how effective an organization is in achieving the outcomes the organization intends to produce. The idea of organizational effectiveness is especially important for non-profit organizations as most people who donate money to non-profit and process re-engineering to both regional and community banks nationwide. He also held line management positions in both the operations and audit divisions for a prominent southeast regional bank. "I plan to establish a practice that has a highly focused approach for improving the effectiveness and efficiency of institutions within the $1 billion to $10 billion asset size group," said Yancey. "Like all of the practices at BenchMark, our consultants have the ability to understand the big picture and communicate peer to peer with clients, listening to ideas, offering suggestions and recommending solutions. Our team of dedicated consulting professionals drives a solid practice, with expertise in business process and change management." The BenchMark difference is that the regional banking practice combines a depth and breadth of the banking industry and consulting expertise. The thrust of the practice is in business transformation consulting, or the active integration of business process, change management and technology. "Our major competitive advantage is our performance metrics Performance metrics are measures of an organizations activities and performance. Performance metrics should support a range of stakeholder needs from customers, shareholders to employees [1]. database," said Yancey. "Our database is comprised of data obtained from conducting benchmark programs with more than 80 percent of the top 100 banks in the country. To our knowledge, no other consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a has such a detailed database." About BenchMark Consulting International BenchMark Consulting International has specialized in improving the financial services industry since 1988. The company is a management consulting firm that improves the profitability of its financial services customers through the delivery of management decision making information and change management services to realize the benefits of business process changes. BenchMark Consulting International's expertise is in the designing, managing and measuring of operational processes. As of 2002, the firm has worked with 19 of the top 20 (in asset size) commercial banks, all 11 automobile captive finance corporations, several of the largest consumer finance corporations and many regional banks throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Internationally, BenchMark Consulting International has worked with the five largest Canadian commercial banks The Canadian Commercial Bank was an Edmonton, Alberta-based Canadian bank bank that failed and ceased operations on September 3 1985. The bank was privately owned and operated as a wholesale commercial bank. , more than 20 European organizations in eight different countries, in addition to financial institutions in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and Asia. The company is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Fidelity National Financial, Inc., a provider of products, services and solutions to the real estate and financial services industries. BenchMark Consulting International has dual headquarters in Atlanta, Georgia and Munich, Germany. For more information about the company, visit the Web site at www.benchmarkinternational.com. |
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