6 Charts You Can't Afford to Ignore: Talent Management Intelligence for the Financial Industry

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In just 6 charts, you'll see how your talent management aligns to other organizations across the financial industry.

After viewing these slides you'll know how your industry peers are approaching talent using strategies which yield big, bottom-line payoffs.

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  • Need to add: Poor, fair, good, very good, excellent under bars in addition to axis title "Leadership Quality". Otherwise we can't see the connection between the 6% outperforming their competition with poor leadership vs. the 78% with excellent leadership.
  • 6 Charts You Can't Afford to Ignore: Talent Management Intelligence for the Financial Industry

    1. 1. 6 CHARTS YOU CAN’T AFFORD TO IGNORE Talent Management Intelligence for the Financial Industry © Development Dimensions International, Inc., MMXIV. All rights reserved.1
    2. 2. © Development Dimensions International, Inc., MMXIV. All rights reserved. HIRE FOR ROI By improving the quality and efficiency of its hiring process, a global bank reduced operating costs and turnover, yielding a $5.8 million in savings in the first year. Source: Setting the Standard for Managerial Excellence (DDI, 2012)
    3. 3. © Development Dimensions International, Inc., MMXIV. All rights reserved. COMPOUNDING THE PROBLEM: The Negative Impact of Poor Leadership A global financial institution found 43% of their leaders lacked critical change-leading skills much to their employees detriment. Are your leaders negatively impacting your workforce? Source: Sharing Successes: Bank of America Corporation (DDI. 2002)
    4. 4. © Development Dimensions International, Inc., MMXIV. All rights reserved. LEADER EFFECTIVENESS in the New Regulatory Age Only 55.5% of a national bank’s leaders displayed the ability to translate strategy effectively —before training. Source: Mid-level Leaders Experience Bottom-line Business Impact (DDI, 2011)
    5. 5. © Development Dimensions International, Inc., MMXIV. All rights reserved. QUALITY LEADERSHIP for Bottom-line Performance Organizations with the highest quality leaders are 13 times more likely to outperform their competition in key bottom-line metrics. Source: Mid-level Leaders Experience Bottom-line Business Impact (DDI, 2011)
    6. 6. © Development Dimensions International, Inc., MMXIV. All rights reserved. GAIN THE ADVANTAGE: Convert Talent to Profit 47% of leaders at a national bank said they struggled to cultivate both networks and partnerships. Implementing training to improve the same behaviors, bank saw revenue gains related to cross-selling between $25,000 and $600,000. Source: Crossing the Canyon (DDI, 2013)
    7. 7. © Development Dimensions International, Inc., MMXIV. All rights reserved. TECHNICAL EXPERTS ≠LEADERS 53% of frontline leaders get their first management job because of technical as opposed to more critical leadership skills including coaching, delegation, and judgment. Source: Global Leadership Forecast 2011 (DDI, 2011)
    8. 8. © Development Dimensions International, Inc., MMXIV. All rights reserved.© Development Dimensions International, Inc., MMXIV. All rights reserved.8 THANK YOU! www.ddiworld.com

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