The Tribune

A human capital specialist from Deloitte Consulting will be a featured speaker at the Bahamas Financial Services Board’s (BFSB) upcoming International Business & Finance Summit (IBFS) in Bimini.

Dr Robin Erickson will present at a session entitled ‘Talent Development: FSI Employee 2020’. She said: “Economic turbulence over several years has created a talent paradox whereby employers struggle to fill open roles, even with high unemployment and continuing layoffs.

“As turnover concerns grow more targeted, executives want to know who is leaving and how to hold on to key employees.”

Looking at global financial services industry data, Dr Erickson will discuss talent management priorities, including the need to reduce costs by lay-offs while, at the same time, needing to retain employees.

She will also review the talent paradox from the employee perspective; specifically, the factors that cause employees to look for new work and those that will entice them to stay

As a specialist in Deloitte’s human capital practice, Dr Erickson is at the forefront of Deloitte’s talent and retention research and development.

Building off her PhD research that focused on the retention of downsizing survivors, she has focused on the potential for a “resume tsunami” to take place as the economy improves and employees start looking for new jobs.

She has authored several recent publications (The Talent Paradox, Talent Drain on the Brain, Prepare Now or Lose Your Best Employees Soon), and has led the Talent Edge 2020 and Managing Talent in a Turbulent Economy longitudinal survey series.

Dr Erickson has been published in Forbes.com, the Deloitte Review, and the International Journal of Organisational Analysis.

She has presented her academic research at the annual conventions of the International Communication Association and National Communication Association.

This IBFS session will be moderated by Bahamas Brand Ambassador Philippa Willie, an ops product specialist at UBS Trustees (Bahamas).

Other sessions during the three-day event at the Bimini Bay Resort will focus on: ‘New Markets: Discrete Growth and Best Practices for Business Development and Access to the Ultra-Wealthy’; ‘Steadfast in Tradition…Open Arms to Innovation’; ‘Taxation Policies and Strategies’: ‘Development Tools’; ‘Bahamian Financial Services – Truly Global or Not’; ‘Succession Planning for International Families’; ‘Finding Client Solutions - The Alternative Investments Approach’; ‘International Arbitration - Prospects for New Arbitration Centres’; ‘Legal Hot Topics in Wealth Management’; ‘Public Private Partnership in Action - Downtown Nassau Partnership (DNP) Case Study’; ‘Insurance & Annuities - Flexible Strategies as Tax, Asset Protection & Investment Hedge’; ‘Establishing a Captive Domicile’.

The opening session of IBFS 2013, ‘The Bahamas Financial Services Industry: Way Forward’, will see the launch of the Government’s Strategic Plan for the financial services industry by Ryan Pinder, minister of financial services.

IBFS 2013 is being hosted under the general theme: ‘The Bahamas Advantage: Staying Ahead of the Game’.