Maximizing Organizational Performance with a Skills Audit
A national retail bank used Peopletree Group's Talentprint-powered skills audit to align its workforce with a new business strategy, enabling data-driven placement decisions during a turnaround.
Industry: Retail Banking Geography: Africa Company size: Large enterprise
Overview
A national retail bank partnered with Peopletree Group to execute a business turnaround strategy. The organisation needed to assess whether its workforce had the skills to design and execute the new strategy effectively - and make placement decisions with confidence, not guesswork.
Challenge
The bank's HR team needed to identify the skills within their workforce and determine if these aligned with their new strategy. This required a real-time, data-driven approach to evaluate staff competency levels across all departments and to model different people scenarios for optimal strategy execution.
Solution
Peopletree Group developed customised Success Profiles, defining the key attributes needed for success in different roles and functions. The HR team, certified through the 'Working with Competencies' programme, used these profiles to design role-specific competencies internally. Using Talentprint, each employee was assessed for their role fit and development needs. The audit allowed for precise alignment between the bank's strategic objectives and its human resources - identifying skill gaps and development requirements so the bank could make informed placement decisions and invest strategically in training and development.
Results
Through the tailored technical skills audit, the bank gained real-time visibility into its workforce's capabilities. The executive team could model various scenarios and identify which employees were best positioned to execute the new company strategy. This proactive approach minimised risk by ensuring stability and continuity during the business turnaround. By identifying skills gaps early, the bank invested in targeted training, empowering their teams to meet strategic goals and contributing to long-term organisational success.