Recent studies have found that over 90% of business strategies fail to produce the intended results; 70% of the root cause was attributed to misalignment with talent or organizational capability issues.
Unfortunately, many organizations don’t take steps to align human capital factors with strategic objectives, or they assume HR processes for forecasting heads and discussing lists of esoteric competencies will somehow address the issues.
We have developed the “Human Capital LOCK Process”, which is a methodology that takes very specific pieces of a strategic initiative through a series of four human capital “filters” to identify areas of misalignment. The process is informed by insights derived from analytics, which allow leaders to engage in what-if scenario planning to identify risks and develop counter-measures.
Our “Human Capital LOCK Process” helps leader’s understand and take steps to better “fit” their strategy and the organization that must implement it.
Leadership: Do leaders of key initiatives fit the requirements of a specific situation? Do you have the right mix of experiences and skills? Bench strength, deployment and resource allocation?
Organization: How do the informal networks and formal structure, process design, workflow help or hinder goals?
Culture: How does the focus of the legacy culture’s priorities and practices need to adapt?
Knowledge: What intellectual capital do you have and/or need? How are you retaining and “backing up” your talent?
Our simple tools and templates are integrated into your company’s management operating system to ensure ongoing alignment.
Contact JLRpartners to learn more about how the LOCK process can help your organization decode strategy and align it with your talent and organization capability.