Growth came so quickly that many financial institutions filled positions without standardized job descriptions without benchmarking job standards and expectations and without agreement on the most critical roles
Atlanta (PRWEB) August 4, 2008
Despite layoffs and reduced hiring, today’s sluggish economy presents an opportunity for financial institutions to choose from a greater talent pool, according to a new white paper from TalentQuest, a human capital management firm that blends the art of consulting with the science of technology.
The complimentary report, “Talent Management in the Financial Services Industry: Best Practices for Making the Most of a Sluggish Economy,” is now available at http://www.talentquest.com/TalentQuest/www/9-0-Thought_Leadership_Download.html.
The talent management paper asserts that while virtually every business strategy can be duplicated, a key differentiator remains the caliber and ability of an effective and collaborative team. Describing the talents, roles and behaviors of top performers is essential for future success. The firm noted that collaborative, detail-oriented, conservative and fearless are the most desirable personality traits among peak performers in the financial services industry.
“Growth came so quickly that many financial institutions filled positions without standardized job descriptions without benchmarking job standards and expectations and without agreement on the most critical roles,” said Kevin Sessions, president of TalentQuest. “By identifying the peak performers in each position, and using assessments based on their inherent qualities, financial institutions get a better sense of who is the best person for each role, and are able to predict candidates’ likelihood of success.”
The findings are based on 35 years of consulting with clients of all sizes and identifying consistent trends within the financial services sector.
For more details, download “Talent Management in the Financial Services Industry: Best Practices for Making the Most of a Sluggish Economy,” at http://www.talentquest.com/TalentQuest/www/9-0-Thought_Leadership_Download.html.
TalentQuest has been strengthening organizational performance and advancing leadership for more than 35 years by blending consulting with technology. The company’s consultants and organizational psychologists deliver fully-integrated human capital management consulting and talent management solutions that span the entire employee lifecycle—from talent selection to leadership succession—enabling organizations to maximize the value of their investment in people. The company provides strategy alignment, assessment and selection, management and talent development at every level to enable clients to increase profitability and competitive positioning, and achieve peak performance.
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.