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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Koh, E.H.Y. (2019). Introduction. In: Risk Management Competency Development in Banks. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Pivot, Singapore. https://doi.org/10.1007/978-981-13-7599-6_1
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DOI: https://doi.org/10.1007/978-981-13-7599-6_1
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