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Process Improvement in Engineering Management

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The banking world is complex, laden with regulations and silos. Particularly in large multinational banks, there is a continuous need for simplification, process improvement, and evolution of program management activities that focus on increasing efficiency and reducing cost. The chapter ‘Process Improvement in Engineering Management' focuses on the imperative for process improvement in engineering management in banks and financial services and the role of Machine Learning, AI, and IoT. It also speaks to the regulatory landscape, global perspectives, and organisational action needed to ensure process improvement in engineering management in large banks is continuous and self-improved.

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