News
Another Venturehaus client scoops prize at 2010 Process
Excellence Awards
London, 24th May 2010
We’d like to congratulate Standard Life on winning this year’s
award for the “Best Start Up Process Improvement Programme”.
Bruce Reekie, Head of Business Process Management for Standard
Life, collected the award together with his team at the 11th Annual Process
Excellence Summit in London in April (see picture).

Alan Noble, Managing Director
of Venturehaus, said “we are very pleased that Standard Life has won
this award and are very proud to have helped develop their Business Process
Management programme from the beginning. It is always satisfying to see
that a programme as successful as this not only receives plaudits for its
achievements within its own organisation but is also recognised as exemplary
by the process improvement community as a whole”.
Standard Life joins
several other Venturehaus clients to have won Process Excellence Awards.
In 2005 Barclays Bank won the “Best defect elimination in a service
and transaction project” award, and was also nominated for the “Most
innovative Six Sigma project”. In 2007, Barclays Wealth took both
top and second prizes in the “Best Operational Excellence project
in Financial Services” category. And in 2008, ABN Amro won an award
in the same category.
Over £10,900 raised by City professionals for Help for Heroes
London, 28th September 2009
On 17th September,
over 100 financial services professionals and ex-servicemen and
women joined ranks at New Broad Street House in order to raise
money for Help for Heroes.
Major Phil Packer, despite being told he would
never walk again after an incident in Basra last year, has recently
climbed El Capitan and walked the London Marathon to raise funds
for rehabilitation programmes and resources at Headley Court. At
this evening reception, he attempted his most nerve racking feat
ever – presenting to friends and colleagues of Venturehaus!
Phil’s determination in the face of seemingly insurmountable
odds, coupled with his ever-present sense of humour, ensured that
what he had to say did not fall on deaf ears. Thanks to his heart
rending presentation, the attendees donated huge sums to the cause,
totalling over £10,900.

This amount was aided by an auction
of some very special prizes donated by various companies, from
restaurant dinners, to signed shirts and books, to sporting event
tickets. The generosity of everyone present was clear for all to
see as the amounts were raised higher and higher. Steve McDowell,
Editor in Chief of Interactive Investor, handled the jostling and
barracking with an expert auctioneer’s hand, ensuring that every prize
achieved its full worth. The evening was organised by Venturehaus
but could not have happened without the generous support of many
other companies and individuals who all gave their time and resources
for free so that every penny raised could go direct to the charity.
Our sincere thanks go to Interactive Investor, New Broad Street
House, Balls Brothers, Tastes Catering, Jellyfish Creative, Gorkana,
Cad and the Dandy, London Wasps Rugby club, Knologo Ltd, Gow’s
and the Football Association, as well as many individuals who contributed
their time and effort to make this evening a true success.
To help Venturehaus with our mission to raise funds for Help for Heroes,
please donate through www.justgiving.com/venturehaus.
It will be very gratefully received.
For more information about this event
and our future events for Help for Heroes, please contact info@venturehaus.com
Paul Henry raises £500 for Help for Heroes in the London Rowing Marathon
London, 30th April 2009
Paul Henry, Venturehaus’ Director of Lean, took his job title a little
too seriously at the weekend by becoming the company’s leanest (fittest)
employee – as well as the 22nd fastest marathon rower in
the world in his age group.
While the streets of London were being pounded by 35,000+ marathon
runners in the Flora London marathon, inside the gyms a rather
different sort of marathon was taking place, attracting hundreds
of indoor rowers worldwide to take up the “oars”. A
former RAF officer, Paul completed the gruelling 26 miles in a
staggering 2 hours and 52 minutes, which places him as the 22nd
fastest marathon rower in the world. It would seem he is just as
surprised at this fact as the rest of us!
A
tired-looking Paul (right) completes the marathon along with his
training partner Phil.
His fantastic achievement was part of the charity
work Venturehaus has been doing since 2008 to raise funds for Help
for Heroes. Through the extra £500 Paul has raised with friends and colleagues, the
current total of donations stands at £3337. For more information
on our other charity events or to make a donation please click
here to be redirected to our JustGiving site.
Venturehaus launches a new Benchmark for
financial institutions
London, 7th April 2009
A new market-based benchmark for financial
institutions, providing a detailed assessment of performance in
the pursuit of excellence in business operations and a comparison
with selected peers, market segments, and the industry as a whole.
Venturehaus today proudly announces the launch of its Design for
Operational ExcellenceTM Benchmark. Based on engagements with over
50 top financial institutions and on recent market research, the
Benchmark provides financial services businesses with a detailed
assessment of their current performance in the pursuit of excellence
in business operations.
The Benchmarking Model
The Benchmark assesses
how well an organisation is performing in the pursuit of excellence
in its business operations. Operational Excellence is neither a
discrete change programme nor a management initiative - it is a
business-as-usual approach to instil a culture of effective business
management on an ongoing basis across complex organisations. In
financial services, this invariably involves the consistent management
of the inter-dependent, ever-changing, and often conflicting, requirements
of cost optimisation, service differentiation, and risk mitigation.
Evaluation against the 80 best practices in Operational Excellence
in Financial Services
The Design for Operational ExcellenceTM model
contains 80 well-established financial services industry best practices,
against which financial institutions can be assessed. The Benchmark
rates an organisation’s accomplishments in the 8 core competencies,
or “levers”, which together enable a business to achieve
Operational Excellence:
The model ranks each organisation’s
current performance against the 10 key factors in each lever which
reflect industry best practice, and compares it with almost 400
other examples of current practice. An overall score is calculated,
together with scores for each lever, based on the weighted average
of the organisation’s positions in each of the key factors.
The results of this analysis can then be compared with the business’ peer
group and/or the market as a whole.
To request an interview with
Alan Noble, Managing Director of Venturehaus, and for any other
press enquiries, please contact
info@venturehaus.com
For earlier news items and articles, please send your request to
info@venturehaus.com |

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