EMERGINC; ( HAL LENGES AND OPPORTUNITIES OK l AKKN'r MANAGEMEN I IN INDIAN BANKlNCi S E CTOR - A C ASE S I IJDY OF SBI, SHIMOGA DISTRICT
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Date
2011
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Abstract
The present paper provides a platform to understand the emerging challenges in
talent management in State Bank of India (SBI), Shimoga District, focusing on
the Talent Management challenges in the selected hank highlighting the areas of
challenges. State Bank o f India is a banking corporation offering retail and
corporate hanking services, including retail loans, corporate and business credit,
forex and trade finance services, investment hanking, depository services, and
investment advisory services. Talent Management is the hot topic for HR
managers in organizations, both in the. private and public sectors. To develop an
integrated, proactive. Talent Management strategy is required from the view point
employer of choice status as an outcome of coherent corporate culture rather
than ad-hoc programs. In a service-oriented industry such as banking, people are
among the most important assets. To stay competitive, a honk must efficiently
manage its employees during every phase o f employment. But. banks of all sizes
face challenges that make enterprise. Talent Management verv difficult to
achieve. The analysis is made with the help o f a structured schedule for the hanks
and persona! interviews with the bank employees. The analysis and interpretation
will be made by using suitable statistical tools and techniques in order to arrive a
authenticate information about the best banking practices in the present scenario.
It concentrates on the new emerging challenges in banking practices,
opportunities, issues and policies in Banking Sector with special reference to
State Bank o f India in Shimoga District. Finally, it makes an attempt to offer
suggestions to enhance its talent management strategies and to ('ojie up with the
existing challenges In the wake of severe competition in the area of Talent
Management.