The strategic risks of neglecting talent
Financial services (FS) organisations now rank HR and people risk among the top ten potential threats to their earnings and the availability of key skills is seen as the CEOs' second most serious concern within the current business environment, only exceed by regulation.
This flyer, the first in a series focusing on talent management within the FS industry, looks at 7 key risks associated with talent (Failure to sustain growth: Failure to secure succession: Failure to attract emerging talent: Failure to retain top performers: Failure to provide board-level direction: Failure to provide effective support; and Failure to weed out poor performers) and suggests way of tackling them.