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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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