Standard Bank

Standard Bank offers a range of banking and related financial services.

Articles

13 March 2017

Crowdsourcing vs. talent management: Google's Terrence Taylor

Crowdsourcing promises to make scarce and critical skills available cost effectively, perhaps close to 90 percent cheaper, and disruptively. Yet most companies currently rely on talent management - a human resource function that has been around for over half a century but whose tools and techniques has changed little during its existence - to identify, attract, develop and keep talented people who have these sought after scarce and critical skills. The question is: will crowdsourcing make talent management obsolete?

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Company profile

Standard Bank Group is the largest African banking group by assets, with a market cap of approximately R289 billion (USD20 billion), offering a range of banking and related financial services across sub-Saharan Africa.

Our strategy is to be an African focused, client-centred, digitally enabled universal financial services organisation, which drives Africa’s growth and creates value for all our stakeholders. Our clients are at the centre of everything we do. This is our central organising principle in building a digitally-enabled universal financial services organisation. It aligns our efforts to change the way we do things, develop our people and shift our culture, and ultimately create a sustainable competitive advantage in a changing industry.

We have a 156-year history in South Africa, and started building a franchise in sub-Saharan Africa almost 30 years ago. We have an on-the-ground presence in 20 countries on the African continent, and solid local knowledge required to operate a successful business in Africa.

Our presence in and connection with, global financial centres enables us to facilitate investment and development flows in Africa, and access to international capital to facilitate growth, diversification and development in Africa. We also have a strategic partnership with the largest bank in the world, Industrial and Commercial Bank of China (ICBC), who is a 20% shareholder in the group.

The long-term foreign currency ratings for The Standard Bank of South Africa, the single largest operating entity within the Standard Bank Group, are: Fitch Ratings BB+ (stable) and Moody’s Baa3 (Rating under review). Click here to read more on credit ratings. The group has been listed on the JSE since 1970, with share code SBK, and the Namibian Stock Exchange, share code SNB.

We subscribe to the Code of Banking Practice, a set of principles governing banking in South Africa and ensuring the highest standards of professionalism, integrity and fairness.

Phone: 0860 123 000

Website: http://www.standardbank.co.za