Cambria Client Moves from #68 to #27 in Workforce Development Ranking.Business Editors BOSTON--(BUSINESS WIRE)--May 13, 2004 Charlotte, NC-based Wachovia Corporation, the fourth largest retail bank in the US with over $400 billion in assets, was ranked 27 on Training magazine's Top 100 companies for workforce development. In a year of continued merger integration efforts and a sluggish economic recovery environment, Wachovia's ranking on the list moved from its 2003 position at 68--a significant change that reflects Wachovia's continued commitment to developing talent. An important component of Wachovia's talent development strategy that helped propel it up the rankings is a comprehensive, strategic executive coaching Executive coaching basically refers to bringing about an improvement in the overall personality of an individual for a better outcome professionally. These are like any other coaching classes; the only difference is that they are meant for business executives, entrepreneurs, HR program, developed in partnership with Cambria Consulting of Boston, MA. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the magazine, the bank's coaching practice "...employs both internal and external coaches using a consistent model and approach to support Wachovia leaders at four levels throughout the corporation." "The response (from Wachovia's leaders) to Executive Coaching has been overwhelmingly positive," observes Colleen col·leen n. An Irish girl. [Irish Gaelic cailín, diminutive of caile, girl, from Old Irish. Gentry, Wachovia's SVP SVP S'il Vous Plaît (French: Please) SVP Senior Vice President SVP Schweizerische Volkspartei (Swiss People~s Party) SVP Society of Vertebrate Paleontology SVP Social Venture Partners SVP St Vincent de Paul of Organizational and Executive Consulting and manager of its coaching practice. "They see this as an opportunity to engage a 'personal leadership trainer' who can help them advance their own leadership impact as well as provide linkages to organizational goals." Cambria is not surprised to see Wachovia's efforts recognized by the training and development community. "Wachovia has one of the most advanced 360-degree feedback and strategic coaching programs we've seen," notes Ellen Kumata, a partner at Cambria Consulting and the firm's coaching program strategist strat·e·gist n. One who is skilled in strategy. Noun 1. strategist - an expert in strategy (especially in warfare) strategian market strategist - someone skilled in planning marketing campaigns . According to Kumata, "Building the coaching capabilities of its own HR generalist gen·er·al·ist n. A physician whose practice is not oriented in a specific medical specialty but instead covers a variety of medical problems. generalist staff has helped Wachovia put coaching in reach of a much larger group of high potential managers than would be possible with the expense of external coaches." Currently, Cambria and Wachovia are creating a web-based coaching management system to streamline the process of overseeing and administering the programs. About Cambria Consulting Cambria Consulting is a Boston-based human resource management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects firm specializing in developing people solutions that drive business performance. For more than 20 years, Cambria has helped organizations achieve their strategic objectives by designing, developing and implementing HR solutions in workforce and leadership development, performance management, competency COMPETENCY, evidence. The legal fitness or ability of a witness to be heard on the trial of a cause. This term is also applied to written or other evidence which may be legally given on such trial, as, depositions, letters, account-books, and the like. 2. development, 360-degree assessment, selection systems, employee surveys, and e-HR applications. For more information about Cambria's range of human resource solutions, visit www.cambriaconsulting.com. |
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