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BankNet is a dynamic and realistic simulation
of a retail bank which accurately reflects many
of the challenges facing modern retail banking.
Competition, consolidation, management skills,
and the impact of new technology, are all explored
in the experience.
Working in teams, participants act as the management
of a retail bank with a large branch network.
The teams must decide on the strategic alignment
for their "virtual" bank and develop
creative strategies to steer it through major
changes, while increasing profitability and efficiency.
Decisions include: overall strategy, managing
change, building effective teams, restructuring
the branch network, online banking, promoting
financial services, assessing and addressing
competition, identifying opportunities, and building
a successful, motivated organization.
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