Ben Fogarty’s Post

Happy Thursday! Today we wanted to share this in-depth article from Vincent Bérubé, Ben Fogarty, Neel Gandhi, Rahul Mathew, Marino Mugayar-Baldocchi, and Charlotte Seiler at McKinsey & Company about how HR can create a high-return, holistic system for managing talent and increasing employee productivity. Key Takeaway: Addressing gaps in skill, will, and time can cut down on over half of lost productivity alone – and even more gains can be realized if companies can close these gaps before they lead to voluntary turnover. Read more: https://lnkd.in/ecGhUwvG How do you plan to address talent gaps in your organization? #HR #TalentManagement #Leadership #BusinessStrategy

Employees are an organization’s largest investment and a deep source of value. Our latest research outlines five key actions for organizations to take to maximize their return on talent: https://mck.co/49AJ8H2      HR is the linchpin to this approach—and can help organizations deploy human capital with the same rigor as financial capital.   As exemplified by the case study of a multinational financial company, a reimagined HR function—one that operates with discipline and speed—can become a strategic partner that delivers tangible employee outcomes for long-term success.      #Culture #EmployeeExperience #Leadership 

« Every business is a People Business, People are our greatest assets because people matter » Insightful article from #McKinseyCompany written by Vincent Bérubé, Ben Fogarty, Neel Gandhi, Rahul Mathew, Marino Mugayar-Baldocchi and Charlotte Seiler. In this article, the authors walk us through five key actions organizations can take to maximize their return on #talent. From #building a skills-based strategic workforce planning capability to establishing a #performancefocusedculture, every action is critical to boosting both #productivity and #employeeexperience. It's essential to understand that employee talent is a #valuableinvestment and a profound source of value for any organization. Therefore, it is not enough to take one or two of these actions in isolation; It's the combination of all of these that can help #leaders establish a truly #strategic and less fragmented talent system, generating greater long-term returns. For those interested in finding out more about how to transform an organization's talent system and earn higher returns, I invite you to read the full article. I'm sure you'll find inspiring and practical ideas to apply in your own work contexts! #talentdevelopment #performance #employeeculture #productivity #organizationaldevelopment #leadershipexcellence #leadership https://lnkd.in/eKTQuwgD

Interesting article from McKinsey & Company on how companies can maximize the return on talent to boost organizational performance.

Insightful article outlining five key actions that can transform an organization’s talent system, establishing a culture of performance while boosting employee experience. Here are some key steps leaders can take to ensure their organization thrives: 1. Talent + productivity = value: It's not enough to have talent, it must be coupled with productivity. Leaders must identify and address the skill, will, and time gaps that hinder productivity among employees. You cannot simply just have bodies to fill jobs/roles, this talent must also be effective and productive when powered with the right skills and technology to do their work. 2. Craft a high-performing talent system: Leaders should adopt a data-driven approach to talent management that monitors and reduces productivity loss--active performance management is critically important to a healthy organization. 3. Identify what and who you need to win: A clear picture of the skills and capabilities needed to deliver a company’s strategy is crucial. Leaders should ask themselves: What is the gap between where the company is and where it wants to go? What skills and capabilities are needed to get there at the greatest level of productivity? 4. Create a hiring engine to compete for talent: A fast-moving, effective hiring engine and a holistic approach to the candidate experience are key to attracting top talent. 5. Focus learning and development programs on the highest-return journeys: Employees stay at their jobs when they have opportunities for skills development, advancement, and the chance to apply those skills at work. A company’s focus on continuous learning can help it engage its workforce and keep pace with change. By taking these steps, leaders can establish a culture of performance that boosts productivity and enhances employee experience. #talentmanagement #talent #performance #datadrivendecisions

The shift from economic uncertainty to growing confidence among business leaders drives a focus on growth and transformation, creating new demands for HR leaders. Strategic initiatives in technology and workforce development are key, yet challenges in realizing measurable value from these investments persist. As organizations reinvent themselves to remain competitive, HR leaders must sustain a compelling employee value proposition and foster an adaptable and innovative culture. Data-driven approaches, talent intelligence technology, and employee engagement in change initiatives are crucial for successful transformation. HR leaders play a vital role in driving talent and tech innovation to support organizational reinvention in a rapidly changing market. #hrleadership #economicoptimism #talentinnovation #pwcsurvey

The HR Paradigm Shift: A Wake-Up Call for Leaders The workplace we once knew no longer exists. The way organizations operate has transformed dramatically in the last few years—and yet, many are still playing catch-up. As HR leaders, we’re not just the architects of policies; we’re the curators of culture, the enablers of talent, and the drivers of business outcomes. In today’s hyper-competitive, constantly evolving landscape, one truth is clear: organizations that fail to put people at the center of their strategy will be left behind. Here are 3 non-negotiables for HR leaders in 2025: 1️⃣ The Employee Experience is the New Bottom Line: Employees no longer want jobs—they want journeys. Whether it’s flexibility, purpose, or recognition, understanding what makes your workforce tick and aligning it with organizational goals isn’t optional; it’s essential. 2️⃣ Upskilling Over Recruiting: Hiring talent is expensive. Retaining and upskilling your people is priceless. A robust learning ecosystem that combines technology, mentorship, and real-world experiences is the hallmark of organizations that win. 3️⃣ Diversity is Dead Without Inclusion: Diversity is a checkbox; inclusion is the culture. True leaders create environments where every voice is heard, valued, and empowered—only then do we unleash the magic of innovation. In my journey, I’ve witnessed firsthand how organizations that invest in their people see exponential returns—not just in profitability, but in resilience, agility, and loyalty. 2025 is the year we move from traditional HR to transformative HR. What trends or challenges do you foresee reshaping our field in the coming year? Let’s spark a conversation that matters. #HumanResources #Leadership #PeopleFirst #FutureOfWork #PallaviKarTalks #RedefiningHR #TransformativeHR #HRTrends

The great talent exodus and some top tips to avoid it ⬇

🚀 𝗠𝗮𝘀𝘁𝗲𝗿 𝘁𝗵𝗲 𝗔𝗿𝘁 𝗼𝗳 𝗧𝗮𝗹𝗲𝗻𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁  ✅ 𝗠𝗰𝗞𝗶𝗻𝘀𝗲𝘆’𝘀 𝗠𝘂𝘀𝘁-𝗥𝗲𝗮𝗱 𝗚𝘂𝗶𝗱𝗮𝗻𝗰𝗲. 🤷♂️ 𝗪𝗵𝘆? 𝗪𝗵𝗮𝘁? 𝗛𝗼𝘄? In today's super challenging and changing world, a strong talent strategy is essential for organizations to thrive and to sustain optimal change, growth and performance. 𝗧𝗵𝗲𝘀𝗲 𝗽𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲𝘀 𝗮𝗻𝗱 𝗽𝗿𝗮𝗰𝘁𝗶𝗰𝗮𝗹 𝗮𝗱𝘃𝗶𝗰𝗲 𝗳𝗿𝗼𝗺 McKinsey & Company 𝗵𝗲𝗹𝗽 𝗛𝗥 𝗮𝗻𝗱 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗹𝗲𝗮𝗱𝗲𝗿𝘀 𝘁𝗼 𝗱𝗲𝘃𝗲𝗹𝗼𝗽 𝗮𝗻𝗱 𝗱𝗲𝗽𝗹𝗼𝘆 𝗮 𝗵𝗼𝗹𝗶𝘀𝘁𝗶𝗰, 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗮𝗻𝗱 𝗲𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗧𝗮𝗹𝗲𝗻𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆. 🔝 𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝘀𝗼𝗺𝗲 𝗛𝗲𝗮𝗱𝗹𝗶𝗻𝗲𝘀 - 𝗪𝗵𝗮𝘁 𝘆𝗼𝘂 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗸𝗻𝗼𝘄 🔄 𝗥𝗮𝗽𝗶𝗱 𝗧𝗮𝗹𝗲𝗻𝘁 𝗔𝗹𝗹𝗼𝗰𝗮𝘁𝗶𝗼𝗻:  Move top talent swiftly to critical projects as priorities shift. 🎯 𝗧𝗮𝗹𝗲𝗻𝘁-𝗙𝗶𝗿𝘀𝘁 𝗖𝘂𝗹𝘁𝘂𝗿𝗲: Build a culture that prioritizes people, leading to improved performance and competitive advantage. 💡 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗛𝗥 𝗜𝗻𝘃𝗼𝗹𝘃𝗲𝗺𝗲𝗻𝘁: Ensure HR plays a central role in creating a positive employee experience. 🏆 𝗙𝗼𝗰𝘂𝘀 𝗼𝗻 𝗧𝗼𝗽 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗲𝗿𝘀: Concentrate on the 5% of employees who deliver 95% of the value. 📊 𝗟𝗲𝘃𝗲𝗿𝗮𝗴𝗲 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆: Use data and analytics to enhance recruitment, retention, and development efforts. 📚 𝗖𝗼𝗻𝘁𝗶𝗻𝘂𝗼𝘂𝘀 𝗟𝗲𝗮𝗿𝗻𝗶𝗻𝗴: Invest in upskilling and reskilling to future-proof your workforce. 👉 🔗 Click the link for the full article and more insights. [Free reads / resources for registered users] #PeakPerformance #TalentManagement #HRLeadership #PeopleFirst #EmployeeExperience #ContinuousLearning #HRStrategy #McKinseyInsights

The article below illustates why many organizations struggle with #talentacquition. Also this is the area where #peopleanalytics is need the most and there is still a lack of adoption. Tim Sackett, SPHR, SCP would love to hear your perspective on this. We can help you bridge the gap here at PHR click to learn more: https://lnkd.in/egF_gKPB #humanresources #workforceplanning #peopleanalytics #leadership #hrtech #culture #learning #organizationalnetworkanalysis #diversity #employeeexperience #orgdesign #employeelistening #futureofwork #HR #CHRO #ChiefPeopleOfficer