Description
Analyze OCBC Bank after reading this article (Links to an external site.).
In a three- to five-page paper (not including the title and references pages), address the following:
- Describe OCBC’s unique approach to talent management and development.
- Compare OCBC’s approach to talent management and development to other organizations you are familiar with (e.g., current or past employers, a family business).
- Explain how OCBC’s approach to talent management and employee development been a primary contributing factor to the firm’s success.
- Evaluate the extent to which OCBC’s approach to talent management and development fits other organizations or industries, including some limitations if applied elsewhere without modification.
Conduct some additional internet research on OCBC, and examine how OCBC has performed recently—what has it done more of, less of, or differently from in the area of human resource management. Use this information to support your paper in addition to cited sources from the textbook; you must also use at least two scholarly sources. For assistance with finding sources, refer to the Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.)document.
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Running head: OCBC BANK CASE STUDY
OCBC Bank Case Study
Name
Institution
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OCBC BANK CASE STUDY
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Describe OCBC’s unique approach to talent management and development.
Compared to most of the banks that are in operation in today’s market, OCBC has a
very unique approach to talent management and development. The company has been on the
forefront in incorporating the policies that other banks would see only as theoretical. The
strategies that have been implemented by the bank have worked to improve the morale of the
employees, and hence improving the productivity and the profitability of the bank. One of the
methods that that has been employed by the bank in the development and management of
talent is instituting a program that is designed to train the employees. This has been achieved
through the institution of the OCBC learning academy. This school has been structured to
meet the demand of today’s ever-changing technological world through incorporating elearning and virtual classes. During the training, the employees are imparted with the skills to
eliminate the occurrence of risks in the workplace situation.
Also, the working environment at OCBC bank is designed to offer the employees room
for professional development. This allows the employees to be able to actualize both their
basic and self-actualization needs (Jerome, 2013). This will, in turn, increase the job
satisfaction among the employees. Additionally, when the employees are provided with the
space for professional development they are able to get better salaries which will enable them
to live better lives. Consequently, this will enable the workers...