Tag Archives: financial planning

A Case Study on Techniker Krankenkasse

Case Study about Techniker Krankenkasse

Background: The Techniker Krankenkasse (TK) was formed in 1884 and is a health insurance institution providing consulting, financial planning and services for 3.4 million members in technical and technically oriented professions and industries. The Hamburg-based company merged with the Gärtner Krankenkasse in January 2000 and currently has just under 10,000 employees in 222 branches. As a result of the fusion, not only the number of employees grew, but also the data volume and data growth in the branches. A new data backup strategy thus became unavoidable.

Case Study on Techniker Krankenkasse

Challenge: Originally, data in every branch office was backed up onto DDS tapes which were changed manually every day. With an estimated annual data growth of 30 percent, the capacity of the tapes was reached more and more quickly. In addition, the time and administration involved and the risk of inserting the wrong tape was high. One employee was responsible for the daily backup of the data and changing the tapes. In order to rule out the risk of wrong or forgotten backups, the TK opted for the automation of the backup. The supposed higher costs are all relative when the costs of inefficient. Keep reading

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Financial Planning in India– Case Study

Case Study about Financial Planning in India

The Financial Planners’ Guild, India ( FPGI ) is an association of Practicing Financial Planners to create awareness about Financial Planning among the public, promote professional excellence and ensure high quality practice standards.

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People go through life without even knowing that they require a blueprint to achieve their life goals. Most times, they have not even thought about their life goals.The first portion of the mission of the Guild is to create awareness about Financial Planning at the public level, which would benefit the people at large. It is time people became aware about financial planning and how it can help them.

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A Case Study on Financial Planning at Denso

Business Challenge: Denso is a leading global manufacturer and distributor of automobile components to automotive manufacturers worldwide with revenues of $6.5B in the Americas. When it came to their financial planning operations with its manufacturing facilities in Arkansas, Michigan and Tennessee, Denso suffered from labor-intensive manual processes stemming from a decentralized, file-based system that was inefficient and inaccurate.



A Case Study on Financial Planning at Denso

Solution: The goal was to enhance financial accuracy, provide integration between the many departments throughout the company, and enable a unified view of information. Hitachi Consulting worked with Denso to design and develop a Web-based, BPM-oriented financial planning…
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A Case Study on Gallowglass

Introduction: Since its inception in 1996, Gallowglass has expanded to become the premier crewing operator for the United Kingdom (UK) events industry. The name Gallowglass was given to Scottish mercenaries in the troubled 13th century. They were elite warriors who had a reputation for getting the job done.



A Case Study on Gallowglass

Business Challenge: Rapid growth has meant Gallowglass’ manual resource and financial planning systems needed serious improvement, so that employees can efficiently plan and prepare for an increasing number of events. Click here to read more…

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A Case Study on Corporate Financial Planning

Sapers & Wallack handled group benefits for a company with 1,000 employees and was asked to help solve a problem that was evidencing itself among their 12 officers, 24 senior executives and the 10 outside board members. It seemed that this group did not fully understand nor appreciate the supplemental benefits they were eligible for, or how to best incorporate decisions on these programs into their personal planning.



A Case Study on Corporate Financial Planning

Human resources had been fielding many questions from executives about best practices to utilize the plans. However, HR did not think they were qualified nor in any fiduciary position to strategically advise on these types of personal decisions. Click here to read more…


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Case Study on HelloWallet

The case examines HelloWallet, the online, independent financial guidance service, in the context of behavioral finance concepts. It also looks at the specific challenges faced by online personal financial management (PFM) systems. In addition, the case has a detailed overview of American household finance, including data regarding Americans’ ability to save money, readiness for retirement, and level of financial literacy.



Case Study on HelloWallet

HelloWallet offers a range of services including PFM, financial planning, a system to aggregate users’ financial accounts, and an application to help users find financial products that are better deals than their current ones. While not the first to market with this type of service, HelloWallet differentiated itself in three major ways. Click here to read more…

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Case Study on Financial Management

Financial management entails planning for the future of a person or a business enterprise to ensure a positive cash flow. It includes the administration and maintenance of financial assets. Besides, financial management covers the process of identifying and managing risks.



Case Study on Financial Management

The primary concern of financial management is the assessment rather than the techniques of financial quantification. A financial manager looks at the available data to judge the performance of enterprises. Managerial finance is an interdisciplinary approach that borrows from both managerial accounting and corporate finance. Click here to read more…

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Case Study on Disability Income Replacement Plan

Do you really know what your group long-term disability insurance would cover if you became sick or injured? Does it cover all of your earnings? Who controls the plan? Reliable disability insurance coverage is a critical part of your financial planning. Thanks to recent changes to the Engineers Canada-sponsored Disability Income Replacement Plan, you can now “offset” any gaps in your employee group insurance plan – easily and cost-effectively. The offset approach allows you to purchase more Engineers Canada-sponsored Disability Income Replacement insurance than we would normally offer when you have existing group disability coverage. In keeping with standard insurance practices, however, these higher amounts may be reduced (offset) by any benefits payable from your “other” plan. Click here to read more…

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Case Study on Disability Income Replacement Plan

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Case Study: Ameriprise Financial

Ameriprise Financial needed to improve their independent financial advisor’s commitment to active planning with their clients. To do it, they invited those 10,000 advisors to visit Minneapolis over the course of three months. But in order to make the visits worthwhile, they needed an environment, program and memorable experience that would make the brand tangible and inspire advisors to deliver on their Dream > Plan > Track > financial planning process. Click here to read more…

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Ameriprise Financial Case Study

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Financial Planning Challenge Case Study

You were recently granted the CFP  certification and just started working for a financial  advisory firm that specializes in meeting the unique needs of individuals and families.
You recently received a letter from Jonathan Jones requesting to meet with you. In response, you requested some additional information from the Jones family to help prepare for your first  meeting and create some alternative retirement strategies for them. Today you are meeting with  Jonathan and his wife Samantha to discuss alternative retirement income planning strategies.
Jonathan is currently 67 and retired two years ago at 65. Samantha is also retired and is 69.
Samantha worked only part-time as she was primarily a home maker. Both have defined  contribution plans that remain with former employers. The Jones lived comfortably on a  combined annual income of $75,000 prior to retiring. They currently are considering increasing some part-time employment opportunities that will pay up to $25,000 annually. They are able to work a flexible amount of hours and expect to earn $12,000 to $25,000 annually before taxes and other withholdings. Read More HERE

 

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