This Pivot proposes an integrated approach to facilitate competency
development in a more comprehensive way. It examines this approach in
the important but seldom studied context of risk management in banks.
Risk management weaknesses in banks have persisted in spite of
regulatory changes. This Pivot takes inspiration from three unlikely
sports heroes to create the proposed integrated approach to risk
management competency development, bringing together three competency
development concepts hitherto studied in isolation that are more
comprehensive and more effective when combined.
The author studies the integrated approach under three specific
objectives. The concepts are first operationalized into 23 actionable
indicators through literature reviews and experts' reaffirmation. Then,
the t-test and discriminant analysis are used to identify how banks
across different demographic groups place different emphases on these
indicators. Lastly, these indicators are summarized into key themes via
factor analysis.