Banking executives will often tell you that their people that are their greatest asset. Most banks now recognize as well that data and analytics can lead to improved business decision-making. Yet too few banks seem to have connected the two; applying evidence-based approaches to the HR function in order to drive improved organizational performance.
In this sector specific report on the evidenced-based HR practices in banking, KPMG examines the broader strategic implications of gaps in adoption and how closing this gap is strategically important for banks in a race for talent that is truly cross-industry and global.
Why do Tech companies represent “fast-movers” and “early adopters” of the business world and does that aid in them becoming disruptor threats to banks?
Do those banks who are able to embrace culture change and embrace evidence-based HR expect to compete more effectively?
What are the stumbling blocks that banks must overcome to adopt evidence-based HR?
This report examines these questions and more to provide HR leaders, executives and talent managers across the banking ecosystem with some new insights, valuable data and practical advice to help accelerate the journey towards evidence-based HR.