Talent Development Techniques and the Survival of Banks in Nigeria

Abstract

This study using descriptive and inferential statistical tools, examined the association between talent development techniques and the survival of banks in Nigeria. Data for the study was generated from a sample of 97 top management staff from all 21 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. A total of two null hypotheses were postulated which assessed the association between the dimensions of talent development techniques namely – on-the-job training technique and off-the-job training technique; and the criterion variable - survival of banks in Nigeria.  The analysis revealed that in both instances, there was a significant association between on-the-job training techniques and the survival of banks in Nigeria; as well as off-the-job training techniques and the survival of banks in Nigeria. The evidence of the results thus emphasizes the need for training as a panacea for corporate survival and sustained performance.

Keywords: Talent development techniques, on-the-job training techniques, off-the-job training techniques, survival of banks.