This entry was shortlisted in the 2012 Peer Award “Talent/Leadership” category
Implementing A Talent Acquisition Strategy In Bank Of America
integrating internal & external talent management & succession planning
The external economic situation and significant organisational change had taken place which included a number of senior leaders leaving the business. Also, the business strategy evolved significantly moving the business in a different direction, the impact of this was a need to identify external leaders with these skills to replace internal leaders who no longer possessed the required skill set at a senior level.
In May 2010, a Talent Acquisition strategy was put in place to integrate external recruitment and search with the internal talent management process, resulting in an end to end talent management approach.