Virgin Money’s business ambition is to make “everyone better off” – this philosophy underpins our approach to business by offering good value to customers, treating employees well, making a positive contribution to society and delivering a profit to shareholders.–Virgin’s stated business objective for Virgin Money
What does making “everyone better off” mean at the branch level to Virgin Money, which yesterday agreed to acquire Northern Rock from the British government for $1.18 billion? Rather, than describe it, we offer some images of Virgin Money’s current and future branches:
Struggle to think that Branson has been working on how to do this for 3 years and doesn’t have a better concept than nice couches and calling his bank branches ‘Financial Bars’ (just thought of that name and quite like it :-)). I guess we will have to watch this space but my money would really be on simplified products, web 2.0 and Socila Media with branches being a ‘cool place’ to hang ou with as few people as possible (after the 3 years of course!)