Director-in-Charge, Talent Advisory
Most companies recognize that having high performing, engaged employees will increase their chances of meeting their strategic objectives. In fact, according to a recent executive survey, 64 percent of a company’s strategic initiatives’ success or failure can be attributed to its employees.
The costs associated with disengaged or low performing employees can be staggering – it’s estimated that a disengaged employee can cost the company $3,400 for every $10,000 of their salary.
With stakes this high, you would think that every company would invest in talent optimization. Yet according to the same executive survey just 12 percent of companies align their talent strategy with their business strategy.
However, companies that pursue a purposeful talent optimization strategy set themselves up for success – 34 percent experience higher employee performance, 31 percent spend less time on people problems, and 30 percent have lower turnover of their top performers.
Your company has a business plan and a financial plan, but do you have an intentionally designed people plan?
Kreischer Miller’s Talent Advisory practice helps companies connect their business strategy to their desired business results through their people. When implemented successfully, this looks like:
Utilizing our propriety talent optimization framework, we enable your business leaders to align their people with their business strategy to boost productivity, build a winning culture, and create the flexibility your company needs to adapt to change over time.
If your company views its people as a critical element of your business strategy, or if you are actively growing via acquisition, new product/service launches, geographic expansion, or similar growth objectives, let’s connect.