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2019 | OriginalPaper | Chapter

1. Introduction

Author : Eric H. Y. Koh

Published in: Risk Management Competency Development in Banks

Publisher: Springer Singapore

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Abstract

Risk management weaknesses are key contributors to banks’ financial woes. Despite being a bank’s core competence, good risk management talent is scarce. One way of addressing this scarcity is to run the proposed integrated approach to competency development. This approach pools together three interrelated competency development concepts of core competency, dynamic competencies and the learning organization.
This book aims to build an integrated approach to facilitate continuous competency development for a bank’s risk management function. We also specify three objectives, which emanate from this aim, namely, (1) to translate the concepts into actionable indicators, (2) to identify the indicators whose scores significantly differ across demographic group comparisons and (3) to summarize the indicators into a few themes.

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Metadata
Title
Introduction
Author
Eric H. Y. Koh
Copyright Year
2019
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-13-7599-6_1