Martin Sutherland
Global Director | Peopletree Group
As an HR manager in a mid-sized business, you’re faced with the challenge of aligning people and profit to drive growth. Implementing an effective talent management strategy ensures that you have the right people in the right roles, ready to support the business as it grows. If you’re feeling uncertain about where to begin, you’re not alone. This guide will help you design an effective talent management strategy to align your people with the company’s broader goals.
Effective talent management strategies: Focus on High-Impact Positions
The first step in designing an effective talent management strategy is to identify your High-Impact Positions—the critical roles that directly influence the company’s performance. Once you’ve pinpointed these positions, ask yourself: Do you have the right talent in these roles?
Having the right talent in the right roles can significantly boost your company’s performance and profitability. Identifying, nurturing, and retaining High-Impact Talent in these critical roles is probably the most important step in your talent management strategy.
A talent management strategy without succession is a ticking time bomb
An effective talent management strategy is not just about placing the right people in key positions; it’s also about ensuring they stay, and having a plan for when they leave. By proactively identifying successors for High-Impact Roles, you not only safeguard your organization’s future but also demonstrate strategic foresight to your business leaders.
To simplify this process, we developed the Succession Maturity Assessment. This free resource helps you create a personalized succession strategy in just a few minutes, ensuring that your HR efforts are directly contributing to business goals.
With this assessment, you can quickly evaluate your organization’s current succession planning process and make improvements that directly contribute to business goals.
Aligning talent management with business growth
Implementing an effective talent management strategy isn’t just about filling positions—it’s about optimizing your resources to create a sustainable path for growth (read more about how to create Sustainable People Ecosystems here).
By focusing on High-Impact Positions and planning for the future, you’re not only aligning with the company’s strategic objectives but also reinforcing your role as a key driver of business success.
Align People and Profit for Growth
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Design your succession strategy
Most companies think they’re covered with a succession plan—until they face an unexpected leadership gap. Build a sustainable succession ecosystem.
Download the HR guidebook on succession
Executives want results—here are 8 questions you can ask to position succession planning with your C-suite (and get them fully on board).