Talent Management and Corporate Survival of the Nigerian Banking Industry
Augustus-Daddie1, Joel 1, Prof. Jaja 2, Seth Accra 2
Citation : Augustus-Daddie, Joel, Prof. Jaja, Seth Accra, Talent Management and Corporate Survival of the Nigerian Banking Industry International Journal of Managerial Studies and Research 2015 , 3(12) : 66-71
This study investigated the talent management and corporate survival of the Nigerian banking industry a sample of 132 managerial staff from a survey of licensed banks in Rivers State. The cross sectional survey design was adopted for the study as the main instrument for data generation was the structured questionnaire. The predictor variable; talent management; was operationalized using two dimensions, namely - talent planning and talent acquisition with each dimension assessed on a set of 6 indicators each; while the criterion variable - corporate survival is also assessed on a set of 18 indicators. Two null hypotheses were postulated for the study and tested using the Spearman rank order correlation coefficient with results showing significant associations in both instances. As a result of the investigation, it was revealed that both dimensions of talent managementhave significant relationships with corporate survival. The study shows that respondents rate talent management practices as very important and necessary for maintaining business progress and thus survival therefore the study recommends that emphasis is laid on various policies as regards efficienttalent planning and acquisition