An integrated framework for competency development: perspectives of risk managers in banks

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• 作者：Eric H. Y. Koh ; Mohan V. Avvari ; Kim Hua Tan
• 刊名：Service Business
• 出版年：2016
• 出版时间：September 2016
• 年：2016
• 卷：10
• 期：3
• 页码：581-602
• 全文大小：519 KB
• 刊物主题：Business/Management Science, general; Human Resource Management; Management/Business for Professionals;
• 出版者：Springer Berlin Heidelberg
• ISSN：1862-8508
• 卷排序：10

文摘

To succeed, business organisations need comprehensive competency development to continuously churn out talent. However, existing approaches are inadequate because they focus on specific technicalities, people and internal firm matters, rather than tackling the issues in a comprehensive manner. We address this deficiency by testing a framework that integrates three concepts—core competencies, dynamic competencies and learning organisation—in an under-researched context: banks’ risk management functions. Our survey of 135 risk management professionals yielded a five-factor framework. The proposed framework guides competency development more comprehensively in that it integrates the three concepts hitherto studied in isolation. It is also systematic and practical given its overarching and expandable dimensions.KeywordsCompetency developmentRisk managementBanksStrategy