Traditional sources of competitive advantage are becoming less and less relevant as the playing field is leveled with ubiquitous access to technology and capital. Even the best strategy can be duplicated with the right people
Seattle (PRWEB) March 8, 2008
TalentQuest, a human capital management consulting firm that strengthens organizational performance by blending the art of consulting with the science of technology, today announced that it has entered into a partnership with the Washington Bankers Association (WBA).
"We are excited about offering our member institutions access to this valuable service," said James Pishue, president and chief executive officer of the Washington Bankers Association. "TalentQuest's web-based Performance Management system will enable WBA members to automate and utilize best practices in key talent management activities, including candidate evaluation and assessment, position-specific goal establishment, performance management, development planning, succession management and compensation management."
TalentQuest's services have been endorsed by Professional Services, Inc. (PROS), a WBA subsidiary created to provide member institutions with high-quality products and services. PROS is overseen by a board of directors comprised of WBA members who affirm that all endorsed products and services have been thoroughly researched and are of the highest quality, integrity, and value.
"Traditional sources of competitive advantage are becoming less and less relevant as the playing field is leveled with ubiquitous access to technology and capital. Even the best strategy can be duplicated with the right people," said Dr. Frank Merritt, president of TalentQuest. "The most successful organizations will be those that value their human capital and make talent identification, management, development and retention an absolute priority."
The partnership also gives member banks access to a customized version of TalentQuest's Developing Emerging Leaders program, which equips managers and supervisors with the specific skills, tools and competencies needed to be highly effective leaders. For senior executives, the firm leverages decades of experience coaching and developing senior directors and vice presidents into greater effectiveness in their critical positions.
"Whether improving hiring processes and retention practices, or enhancing leadership competencies, we are excited about the ability to help lead WBA member banks in innovative, effective and strategic management of their most valuable asset - people," concluded Dr. Merritt.
In 2001 TalentQuest entered into a similar partnership with the Georgia Bankers Association.
"TalentQuest provides unique, fully integrated web-based talent management solutions and human capital consulting services specifically for financial institutions," said Joe Brannen, president and chief executive officer of the Georgia Bankers Association. "Our partnership with TalentQuest has proven to be of great value to our member banks, many of whom have utilized the firm's assessment and selection tools to ensure candidate suitability for specific positions as well as the institution's culture."
TalentQuest for Financial Services
Combining state-of-the-art technology with industry and position-specific content, TalentQuest provides the foundation for talent management solutions that span the employee lifecycle - from talent selection to leadership succession. TalentQuest consultants and organizational psychologists apply their collective knowledge and experience, industry best practices, and state-of-the-art technology to identify which roles are critical to the execution of your strategy and the kind of people you will need to achieve your organizational goals.
TalentQuest for Financial Services was developed in conjunction with industry experts to provide selection, measurement and development standards for the 45 most common positions that exist in the banking environment. The offering was specifically designed to ensure that financial service organizations' talent management activities are aligned with the unique characteristics and demands of the industry. The offering includes targeted, proprietary content including job descriptions, selection profiles, performance appraisal criteria, and links to financial industry training and development resources.
About the Washington Bankers Association
Through advocacy, comprehensive programming, and information exchange, the Washington Bankers Association protects, develops, and advances the business of banking in the state. The organization represents more than 80 member commercial banks ranging in size from large multi-state financial institutions to smaller, family-owned and community-based banks. For more than 100 years, WBA has been actively involved in shaping the legislative issues that impact the success of Washington's banks. To learn more, please visit http://www.wabankers.com.
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.