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HR leaders are drawn to the prospect of creating a high-performing workforce but often overlook the key ingredients. In fact, companies that align talent with business strategy outperform others by 16%, retain 30% more top performers, and see 34% higher employee performance. The last 18 months have posed major challenges that saw business and talent strategies put to a rigorous test. As a result, there is a renewed urgency for HR leaders to realign their talent strategy to the wider business goals to factor in changing business dynamics. This is why we invited, James Moore, a director at Morgan Phillips Talent Consulting, who explored how HR professionals can align people and business strategy with talent in our latest HR Expert webinar. Building the foundations for success To align both the people and your business, the first step you need to take is designing a framework for your company’s practical and measurable talent management activities. With that being said, James discussed how the foundations for any success would be a custom competency model explicitly built around your business. In it, your competency model should be: Behaviourally anchored Focused on the ‘How’ Be both observable and measurable Reflect your organisational culture and
