3. Bank of
America
For more than 200 years…
Bank of America has been connecting people,
companies and institutional investors
4. Bank of
America
People
49MM consumer and small business relationships
5,151 banking centers
16,259 automated teller machines
Leading provider of mobile banking services with 14MM
active users
No. 1 in online banking1; 30MM active accounts
1 Source: comScore, Q4-13 US Online Bank Benchmarker.
5. Bank of
America
Companies
One of the largest U.S. Commercial Banks and a Top 3
global player within Corporate and Investment Banking
Relationships with 83% of the 2013 Global Fortune 500
and 98% of the 2013 U.S. Fortune 1,000
11. Bank of
America
Integrated
Strategy:
Results
Record capital and liquidity levels
Business performance showing solid
client activity
Expense initiatives on track to achieve
cost saving targets
Net charge-offs approaching record lows
Continued progress on legacy issues
12. HCM
Overview
Research job opportunities
Apply and interview
Navigate career
Manage performance
Receive & accept offer
Onboard
Learn & growManage time
Receive pay & rewards
Retire or separate
13. HCM
Overview:
HCM
Commitments
In everything we do, we’re committed to
better, one connection at a time through:
Make interactions easier
Make expertise more accessible
Make relationships more human
Success that is shared
15. HCM Best
Practices:
Strategy
Ensure alignment to business strategy
Think from the “outside-in”
Provide signature experiences that matter
Outsource transactional support and
simple service
Advocate for the use of technology –
it’s effective and efficient
16. HCM Best
Practices:
Leadership
Be inclusive and involve stakeholders early
Establish guiding principles and trust your
teammates
Communicate “what you know, when you
know it” – consistently
Manage risk, don’t avoid it
Use facts and data to guide decisions
Encourage and reward informed debate
17. HCM Best
Practices:
Approach
Define and maintain a 3-5 year view of
projects and corresponding outcomes
Choose the right project management
methodology to match complexity
Use the employee experience as a change
management tool
Maintain priorities – risk, quality, speed, cost
Focus on workforce readiness and adoption
18. HCM Best
Practices:
Governance
Establish shared goals for all those involved
in delivery and transformation
Cover people, process and technology change
Have a well defined escalation path
Control scope, resources and timeline
Hold senior leaders accountable for
participating and being supportive publicly
21. Bank of
America
HCM
To-Do List
10. Think from the employee point of view
9. Choose the right set of advisors and business partners
8. Attract and retain the right team members –
optimize mobility and turnover
7. Manage the workforce spectrum –
full-time, part-time and contingent
6. Embrace the use of technology / social media
5. Move from administration to consultation –
on talent and performance
4. Keep stakeholder buy-in and momentum over
an extended period of time
3. Meet complex regulatory requirements in
geographies / jurisdictions
2. Ensure business leaders and employees are
well prepared for change
1. Stay in touch with employee expectations