State-owned lender Bank of India ( BOI), which is under Prompt Corrective Action (PCA), is roping in human resource (HR) consultancy outfit to identify and develop leadership talent pool. It asdvisory outfit will also help in succession planning at top management level.
State Bank of India and IDBI Bank have already appointed advisors for HR revamp.
The consultancy outfit will explore feasibility for introduction of a 360 degree feedback system. This is especially for the executive cadre for their development, BOI executives said.
The proposed HR Interventions will be implemented in such a way that the milestones are set to ensure tangible results
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