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Aligning People With Business Objectives
Establishing business plans and company objectives can be a time consuming and challenging process. Although critical to business success, managers can often lose sight of these guiding principles over time as day-to-day priorities take precedence.
To ensure high-level business objectives are brought to life, you need a clear understanding of how they translate into specific roles, skills, and day-to-day activities. This will help you to determine if you have the right people with the right skills to achieve your organization’s goals. By aligning your people with your business objectives, you can ensure that the investment you make in their development is targeted and reflects the strategic direction of the organization.
Here is how you can ensure your employees are aligned with your business objectives.
Analyze Plans and Objectives
The first step is to analyze your corporate business objectives. What are you looking to achieve as an organization over the next 12 months, five years, or 10 years? What positions are vital now, and which roles are going to be the most critical for business growth?
Establish Skill Requirements
The next step is to establish the key competencies required to undertake these roles. What skill sets are essential today, and how are these likely to change over time? What skills are required that you don’t have? This process should be driven from the top – senior executives are best placed to review business plans and identify the skill requirements for their various business functions.
Conduct a Talent Audit
Examine your existing workforce. Do your employees have the right skills to achieve your current business objectives? Can you identify high potential employees that can help lead your business forward in the future? Are there significant skill gaps that require new staff? Conducting an audit of existing talent will help to determine the skill gaps that need to be filled to achieve better alignment.
Fill the Gaps
You should now have a clear understanding of where the business is headed and the people/skills required to achieve the organization’s goals. If your current employees are not aligned with your business objectives, consider the type of development they need to build the right skills. This could involve mentoring, coaching, job rotation or educational programs. If new staff is required, be sure to recruit people with the skills and experience your business will require over the longer term.
Aligning people with business objectives needs to be an ongoing commitment. Managers in all parts of the organization should be continually assessing the skills of their team against the current and future plans of the business. This will ensure that skill gaps are identified early on—and that people are developed in the most effective way to help lead the business forward.
Sometimes, employees are not on-board with business objectives because they are not being properly motivated. Find out how to remedy this issue with these 10 inexpensive but effective ways to motivate your staff.