Finance Articles

Mergercast by Booz Allen Hamilton Podcast Releases Episode 13 -- Banking's Haves and Have-Nots

New York (PRWEB) December 12, 2007 -- Mergercast by Booz Allen Hamilton has released Episode 13 -- Banking's Haves and Have-Nots.

In this episode, Paul Hyde, a vice president in Booz Allen's financial services group, discusses what he calls the 'have-not' banks, which have resulted from nearly two decades of banking industry mergers. He describes their characteristics, what sets them apart from their more successful counterparts, and what strategies they should follow to survive in an environment of continued consolidation.

?These regional and super-regional 'have-nots' are challenged to differentiate themselves," said Hyde. "They must each build new business models that clearly define their value propositions for customers, and their individual rights-to-win in the marketplace.

"Looking ahead, I think we'll see continued consolidation on a national level -- particularly among the 'have-nots' that fail to find the unique niches that will allow them to compete."

Mergercast by Booz Allen is a podcast exploring the world of mergers, acquisitions and restructurings. Episode 13 has a runtime of 15 minutes and 40 seconds, and can be accessed at www.boozallen.com/mergercast. Listeners can play the podcast on its homepage or subscribe via RSS feed, e-mail or the iTunes store.

About Booz Allen Hamilton:

Booz Allen Hamilton has been at the forefront of management consulting for businesses and governments for more than 90 years. Providing consulting services in strategy, operations, organization and change, and information technology, Booz Allen is the one firm that helps clients solve their toughest problems, working by their side to help them achieve their missions. Booz Allen is committed to delivering results that endure.

With 19,000 employees on six continents, the firm generates annual sales of $4 billion. Booz Allen has been recognized as a consultant and an employer of choice. In 2007, for the third consecutive year, Fortune magazine named Booz Allen one of 'The 100 Best Companies to Work For,' and for the past eight years, Working Mother has ranked the firm among its '100 Best Companies for Working Mothers.'

To learn more about the firm, visit the Booz Allen Web site at www.boozallen.com. To learn more about the best ideas in business, visit www.strategy-business.com, the Web site for strategy+business, a quarterly journal sponsored by Booz Allen.

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