Chapter 6: Managing Financial Talent in a Competitive World

Organizations need to strategically manage talent and enhance leadership in this challenging modern business landscape. This chapter provides an in-depth analysis of the complexities faced by financial talent management in the competitive modern business environment and discusses the need for organizations to align their human resource (HR) strategies for growth. It covers the evolution of human resource management (HRM), focuses on the key elements that make up a talent strategy, such as recruitment, selection, employee development and performance appraisal and highlights the application of these elements in finance, in addition to analyzing the importance of the challenges posed by leadership and the need for cross-functional collaboration.

This chapter aims to provide readers with the tools to nurture a diverse-skilled and innovative finance talent that can effectively respond to the complexities of today's business environment and provide the organization with a good supply of excellent financial management talent for future growth.