Bank of america talent management program




















Able to achieve results quickly in a fast-paced organization; thrives in a high intensity environment with multiple and competing priorities.

Unquestionable business and personal integrity and values congruent with those of the organization. Responsible for innovation, creation and execution of defined strategy. Responsible for setting, overseeing and executing strategy specific to a LOB s or Functional Area s within overall campus strategy.

Full time. Band: H4. Manages People: No. The primary goal was the strategic approach towards the making of the evaluation. This was in terms of measuring long term results and in short term, designing the approach to develop actionable data.

Five important factors can be derived from this chart. Evaluation plays an important role for refining, managing and ensuring the talent management programs. The evaluation of talent management program should include four key points.

The metrics which are included should reflect the organization's financial and strategic goals. It should be specifically modified to meet the goals of every customer and stake holder. A basic assumption is set that an on-boarding process occurs overtime, basically the first few months of an executive. For over a decade, we have conducted analyses with outside experts to examine individual employee pay before year-end compensation decisions are finalized, and we adjust compensation where appropriate.

We also have a standard U. This helps ensure that we consider new hires for their individual qualifications and roles, rather than how they may have been previously compensated. We realize that there are various metrics related to the topic of pay equity, and we have consulted with external experts regarding the most appropriate analysis to support our commitment to diversity and inclusion progress and measurement.

In consideration of this advice and the size of our company, we believe our equal pay for equal work analysis is the most appropriate measure at this time. We believe our pay-for-performance approach — combined with our focus on workforce representation — will continue driving the advancement and representation of women and people of color in our company.

The opposite, increased performance for all these initiatives, delivers goal achievement that builds equity for owners, leverage with lenders and consumer satisfaction, thus accelerating or at least supporting the first objective of commerce in general, profit.

Other authors agree. Dianne Stober, herself an organizational coach in a different sector but one with firms of comparable size, described in different terms how sustainable organizational change requires not only leadership and mentoring but buy-in and ownership throughout all stakeholder sectors within and across the specific unit If organizational change is necessary to respond to changing technologies and preferences, then the bottom line will demonstrate goal attainment or if not the C-suite will pay the price.

Phaedra Brotherton corroborated the value of both continuity and adaptability in the face of change, and other high costs of failure Brotherton's tabular summary of successful retention and development programs 24 could be taken directly from Fisher and Congel Mary Slaughter Bingham and Galagan, , p. Opportunities for improvement in the talent management planning process The assumptions Fisher and Congel claim BofA bases these talent management processes upon reveal potential areas for improvement.

If the assumptions hold true, amplifying the positives and reducing the negatives should demonstrate enhanced goal achievement. The bank has apparently already dialed in the time frame over which such successful interventions take place, and so altering that "baseline assumption" Fisher and Congel, , p.

Likewise while best practice suggests "multiple interventions" Fisher and Congel, , p. If on-boarding is dependent on ownership by multiple stakeholders on the other hand Fisher and Congel, , p.



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