Analyze OCBC Bank
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.)Links to an external site.document.
Answer preview
Human resource management is an essential practice in the success of an organization. One of the essential characteristics of a human resource management plan is talent management and development. According to Noe et al., (2017), this is one of the techniques that enhances the establishment of competitive advantage for the company. There are many talent management strategies in theory than they are in practice. OCBC talent management and development approach is a unique strategy that supersedes the initiatives in other organizations establishing a competitive advantage. This is a multinational banking organization headquarter in OCBC center, Singapore (Chhanwal, 2015 August 9). The company has emphasized on the need to have a training program to improve the skills of its employees, building them to achieve better results (Sadeli et al., 2015). The unique talent management and development…
(1200 words)