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Talent Management

James Taylor, Head of Talent Management HSBC Bank plc


17 May 2007
Outline

Background
Identifying Talent
Developing Talent
Retaining Talent
Leveraging Talent
HSBC – Fast Facts
The HSBC Group is one of the largest banking and financial services
organisations in the world, with well established businesses in Europe, the
Asia-Pacific region, the Americas, the Middle East and Africa

 Assets US$1,861 billion at 31 December 2006.


 Profit (pre-tax) US$22,086 million for 2006.
 International reach Around 10,000 offices in 82 countries
and territories.
 Staff 312,000 employees worldwide.
 Customers Over 125 million worldwide, with a total of 35
million registered for internet banking.
International Manager Programme – origins of
Talent Management
 300 career expats
 May never work in their country of origin
 British males
 Retired at 52
 Ask permission to get married
 No women until 1992

 Cultural glue
 Smart enough to read the rules but not question them
 Phenomenal succession
Need to modernise

From 50,000 staff to 312,000 in 15 years


Development of a retail business
Employee expectations

100 Best in London 100 Best in HSBC

100 Best in World


Assessment
Increased sophistication……
….but the effort is in the process!

80% 80%
Assessment Development

20% 20%
Assessment Development
Development

HSBC’s global partner business schools:


London Business School, UK
INSEAD, Fontainebleau, France
IMD, Lausanne, Switzerland
Duke Corporate Education, North Carolina, USA
Richard Ivey, Hong Kong & Ontario, Canada
Indian School of Business, Hyderabad, India
Sales &
Leadership Credit & Risk
Relationship
Development
Management Group
Group Individual Group
Individual Leadership Individual
Leadership Development Leadership
Development Programmes Development
Programmes Senior Programmes
Management
Sales/RM & Group
Leaders Talent Pool Talent Pools
& Selected
Nominations
Sales/RM
Management
Group & Business
Talent Pools ALCO
Sales/RM Member
Staff s

Assessment Centres Senior Management Hires Assessment Centres


& Processes & Processes

High Potential

High Potential

Assessment Centres
& Processes
Group Strategic Programmes - 2007
Sales & Relationship Leadership Development Credit & Risk
Management

The The
Chairman’s CEO’s
Senior Management
Driving a Strategic Leadership
& Group Talent Pool Talent Pools Senior Risk
Sales/RM Forum Workshop
Sales/RM Organisation & Selected Management
Group Talent Pool Event Nominations Workshop
Leaders

Business Strategy Programme


Sales/RM
Managing a
mgt Asset and Liability
Sales/RM Group
Strategic Implementation Programme Management
Organisation & Business
Conference
Talent Pools
ALCO
Information Technology Leadership Programme
Sales/ Members
RM STARS
Staff Managing Risk for
Strengthening Talent High Performance Leadership Programme Growth Workshop
& Rewarding Success

Senior Senior Manager Induction Conference


Management Hires

High
Potential Integrated People Management

Joining up the Next Generation


High
Potential
Group Graduate Development Programme
Return on Investment
Retention

Career & Development Work-Life

Work Environment Reward


And what we learnt…
Importance vrs utility
Total compensation is the most important item
But there was only signficant utility associated with a
30% increase in salary

Preference
How does this fit with our capabilities and the
behaviours we need for success
Leveraging Talent

Strategic resourcing

Effective succession

Knowledge management
Being the world’s local bank

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