THE CLIENT:
Psyntech for CBN
Psyntech, collaborating with the Central Bank of Nigeria (CBN), engaged P4PE Institute to develop the Career Management Framework (CAMAF). This initiative aimed to align HR processes with organizational goals, fostering a culture of meritocracy, leadership, learning, and customer focus at CBN.
THE CHALLENGE
The evolving workplace landscape, marked by globalization, technological advancements, demographic shifts, and changing employee expectations, posed challenges for talent management at CBN. To remain competitive and sustainable, CBN sought to enhance its career management practices to empower employees in navigating their career journeys effectively.
THE SOLUTION
P4PE Institute, as a Subject Matter Expert and project manager, collaborated with Psyntech to design and implement the Career Management Framework (CAMAF) for CBN. This comprehensive tool integrated vital HR processes, workforce analytics, talent acquisition and retention, performance management, succession planning, rewards, and career development. The CAMAF aimed to provide clarity, consistency, transparency, and fairness, enabling staff to make informed career decisions and managers to effectively manage talent across the organization.
THE RESULT
The implementation of the Career Management Framework (CAMAF) at CBN would yield significant outcomes including:
– Empowering employees with tools to navigate their career paths and make informed decisions about advancement and development opportunities.
– Enabling managers to make data-driven decisions regarding performance, advancement, and talent management.
– Fostering a culture of meritocracy and leadership, aligning with CBN’s core values and organizational goals.
– Enhancing employee engagement, retention, and organizational performance by providing a clear pathway for career growth and development.
DATE & DURATION
The project commenced on Apr 2021 and lasted 4 months.
FEEDBACK/TESTIMONIAL
– “The Career Management Framework developed by Psyntech and their experts has given us a shot at revolutionizing talent management at CBN. It will empower our employees to take charge of their career journeys while enabling managers to make informed decisions about talent development and succession planning.” – Camaf Project Manager, CBN
Date of completion: 01.04.2021
Short description: Psyntech engaged P4PE Institute to develop the Career Management Framework (CAMAF) for CBN. This initiative aimed to align HR processes with organizational goals and empower employees in navigating their career journeys effectively. The CAMAF provided tools for informed decision-making and fostered a culture of meritocracy and leadership.
Date of completion: 02.03.2015
Short description: Collaborating with TWPC, FBN Insurance addressed execution gaps in performance management and talent development. TWPC implemented a comprehensive Talent Management Framework, aligning HR processes with organizational goals. The project enhanced goal-setting methodologies, performance conversations, and strategic execution through departmental work plans and scorecards.
Date of completion: 20.09.2020
Short description: SIFAX Group partnered with P4PE to streamline workforce capability and alignment with strategic goals. Through a Development Assessment & Staff Audit, the project delivered tailored development plans, optimized staff deployment, and comprehensive training needs reports. Completed in February 2020, the initiative garnered positive feedback for its impact.
