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INTRODUCTION & MILESTONES
BANK WAS ORIGINALLY INCORPORATED AS INVESTMENT & CREDIT BANK LTD – 1986
BANK CHANGED ITS NAME TO SAMPATH BANK LTD - 1987
*BANK EMPLOYED 94 STAFF MEMBERS COMPRISING ALL EXECUTIVES
*MR. N U JAYAWARDENA BECAME THE CHAIRMAN
*A NET PROFIT OF RS. 4.863 MN.
*PRODUCTS/INNOVATIONS WERE INTRODUCED
ATM (SET) FACILITY WAS INTRODUCED. – 1988
MASTERCARD WAS INTRODUCED TO SRI LANKA – 1989
THE BANK WAS HONOURED WITH THE BEST COMMERCIAL BANK OF THE YEAR – 1997
ATM NETWORK REACHED 150 MACHINES & 100TH BRANCH – 2007
BEST COMMERCIAL BANK AND RETAIL BANK 2021 BY WORLD
FINANCE BANKING AWARDS - 2021
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WHAT IS KNOWLEDGE MANAGEMENT?
It is the conscious process of defining, structuring, retaining, and sharing
the knowledge and experience of employees within an organization.
The primary goal of knowledge management is facilitating the
connection of staff looking for information, or institutional knowledge,
with the people who have it.
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IMPORTANCE OF KNOWLEDGE
MANAGEMENT
(KM) function has a significantly High impact on achievement and
improvement of competitive advantage for any organization and it’s certainly a
PILLAR in a Banking firm and related industry.
Helps the bank management to constantly update its customers' data and
information.
KM helps the bank's management focus on organizational resources during
competition with other banks
KM team in close coordination with pre sales teams can help the bank
management to create knowledge about customers of competing banks. This
key information will be a 'feather in the cap' for the sales bidding teams.
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HOW DOES DIGITAL TRANSFORMATION
AFFECTS EMPLOYEES AT SAMPATH?
Creating the right culture
Knowing the relationship between digitalization and employees
Having access to the right tools and tech to fulfill their jobs
Be prepared for resistance
Being given the opportunities for career development and training
The ability to enjoy a fair degree of flexibility in their work
A workspace that is designed for maximum employee experience
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How knowledge spiral/matrix can be
used to manage knowledge in the
organization..
• Understand organization’s people and culture to create a plan that suits the requirements
• Create a step-by-step plan for knowledge management
• Set policies to regulate knowledge management process
• Reward employees who contribute regularly to encourage them to continue their efforts
• Measure results to understand the outcomes and make improvements
• Facilitates decision-making capabilities
• Builds learning organizations by making learning routine
• Stimulates cultural change and innovation
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A talent pool is a group of people being
prepared for more challenging responsibilities.
Candidates from different stages of
their candidate journey may be a part of talent
pool.
Reasons to build Talent Pools,
Reducing time and cost to hire,
Improving quality of hire
A live database of qualified candidates
A better candidate experience
Improved diversity and inclusion
Access to potential passive candidates
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Tips for the best talent pooling
practices
Make your data easy to access
and review
Make it possible to find
boomerang hires
Consider all touchpoints when
deciding who to add
Create notices
Maintain engagement with
talent
Share relevant updates and
content
Ways to build Talent Pools
Sourcing tools,
Referrals
Inbound Recruiting,
Recruitment Marketing
Employer Branding
Candidate Engagement.
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What is Succession
Planning?
• Being able to provide increased opportunities
for high-potential workers;
• Identifying justifiable training, employee
education & development opportunities/needs;
• Increasing the talent pool of promotable
employees
• Contributing to the organization's strategic
plan; and helping individuals realize their
career plans within the organization.
Succession planning is the process of
identifying the critical positions within your
organization and developing action plans for
individuals to assume those positions.
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c) Talent pools may be identified underneath each
“level” on the organization chart, but are not tied to
specific positions at higher levels.
b) In many cases, talent pools are filled from the bottom
up. High-potential candidates are placed in talent
pools and then receive preparation, which may
include training and education, for possible
promotion.
a) Traditional replacement planning encourages
promotions in “silos” of specialization. In
contrast, talent-pool-based succession planning
encourages managers to consider talent in every
part of the organization as a possible successor
for positions that may come open.
The concept of the
talent pool and
succession planning
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How culture affects institutional
knowledge and managing talent in
the organization.
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Culture shapes assumptions about what knowledge is and, hence, which knowledge is
worth managing
Culture mediates relationships between individual and organizational knowledge
Culture creates the context for social interaction that ultimately determines how effective
an organization can be at creating, sharing, and applying knowledge and to what extent
it manages the processes.