Talent Development in Financial Organizations

At present and in this continuously changing environment, especially in the financial system, various companies such as banks, financial consulting services, tax advisory corporations, and risk management firms are among the companies facing many challenges. These challenges, driven by technological development, change in regulation, and growing customer demands, require a competent, flexible, and creative workforce in a continuous learning process. Talent development has become a central strategic focus for financial organizations seeking to sustain a competitive advantage. This paper will review the topic of talent development and its significance in financial organizations, focusing on the impact of talent management on organizational performance, innovation, compliance, and organizational improvement culture.