Talent Management for the Financial Functions – Challenges of the Current Decade
Author:
Jamie Lyon
JEL:
M 53, I 22, J 59
DOI:
Keywords:
talent management, financial functions, efficiency, performance, compensation, transparency
Abstract:
\r\nFinancial functions face many tough challenges while organizations tend to generate growth and to keep costs to a minimum, in this respect, talent management will be crucial to their success – according to the study conducted by ACCA and KPMG – „Maximising people’s power: Effective talent management in finance”. \r\n\r\nThe best way for the financial teams to meet the challenges they face and to provide maximum value to their organizations is the systematic identification, development, implementation and maintenance of people who can contribute significantly to the success of the organization. \r\nThe author analyses practical aspects of talent management for financial functions facing the challenges of the current decade. There are addressed issues like: organizational design, the effectiveness of the finance function, the insurance of the resources of talent, recruitment and talent identification.\r\n\r\n