In our series about "Transformation", this first publication describes what is transformation and what are its main triggers.

In previous articles we have discussed that management consulting can create a lot of jobs, generate hard-currency revenues, and increase economic growth and knowledge transfer. In another article we discussed the observed barriers that prevent business owners or decision-makers from calling upon consulting firms and how they may be based on erroneous assumptions. Management consultants provide very high value-added services, because they require a set of complex skills and k

In our previous article we discussed the multiple benefits delivered by a strong management consulting industry for the Egyptian economy: highly qualified job creation revenues in hard currency by exporting services to neighboring countries increased economic growth cross-border knowledge transfer opportunities for expatriated Egyptians As proof of such benefits, several initiatives are offered by the Egyptian government and international donors to provide a greater access to

Once, branches were the only channel to distribute banking services and products, but it was a very long time ago. Since then, technology has enabled the development of more channels: call centers to answer clients’ inquiries, and automated teller machines (ATMs) to automate money withdrawal. The first ATM was installed at a Barclays branch in the north of London in 1967. These new channels made branchless banks possible, and the first one was launched in the UK in 1989. Dist

One of the most striking differences between banking in Europe and in Egypt is cash management. Withdrawals and deposits of cash are the dominant operations in the Egyptian banking branches. It is frequent to meet customers with big bags of money in or out of banking branches. In Europe, anti-money laundering laws and electronic payments popularity made large cash operations extremely rare. The diffusion of online banking tools and features made banking branches empty except