How to Bridge the Capabilities Gap through the Strategic Alignment of Skills and Organizational Objectives
We know from training needs assessment data that most organizations struggle to ensure that their workforce has the skills and motivation to achieve strategic objectives in a way that makes sense to the people AND the business. Yet, our organizational alignment research found that the alignment of strategy and talent accounts for 60% of the difference between high and low performing companies. The strategic alignment of skills and organizational objectives is pivotal for driving revenue growth, profitability, customer loyalty, leadership effectiveness, and employee engagement.
What Is the Strategic Alignment of Skills and Organizational Objectives
At its core, strategic alignment is about a clear line of sight that ensures individual roles and responsibilities directly support the company’s goals. For example, a company looking to lead in artificial intelligence as part of its go to market strategy must invest in ensuring that its engineers, product managers, marketing, and sales teams possess cutting-edge AI knowledge, skills, and resources. This alignment is not a one-time effort but an ongoing process of evaluating and realigning resources to meet evolving market demands and business priorities.
5 Steps to Achieve Strategic Alignment
Are people committed enough to the game plan for success?
Is your culture helping or hindering the achievement of your strategic objectives?
Use skills assessment tools like skills simulation assessments, people manager assessment centers, training needs assessments, learning aptitude and orientation tests, and 360 degree feedback to identify gaps between existing skill sets and what is needed to achieve strategic goals.
Have you prioritized what roles and skills matter most for current and future success?
(1) The Target Audience
(2) Their Bosses
(3) The Business/Executive Team
We call this 3×3 Relevance – without it learning leaders often struggle to get professional development initiatives off the ground or fully implemented. Once your business and learning objectives have been agreed upon by key stakeholders, bridge identified skill gaps through highly targeted and customized training programs, action learning leadership development, 1×1 coaching, microlearning, and individual development plans tailored to address specific needs.
Are your taking a consistent, comprehensive, and performance-based approach to talent development?
Are you continuously enhancing your people’s capability to adapt, grow, and thrive based upon where the company is headed?
The Top 10 Training Best Practices to Overcome Common Challenges
Achieving strategic alignment is not without its hurdles. Resistance to change, inadequate communication, and limited resources are common barriers. Even though US corporations spend over $100 billion on employee development, our research found that only 1-in-5 employees change their on-the-job behavior and performance from stand-alone training events — regardless of how well they are designed. Organizations can get more value from talent development investments by:
The Bottom Line
Talent alignment is a dynamic process that requires constant adjustment. When designed properly, the strategic alignment of skills with organizational objectives can be a critical driver of business AND people success. By continuously assessing and updating workforce capabilities with strategic priorities, companies can achieve their unique goals while fostering a motivated and highly agile workforce.
To learn more about the strategic alignment of skills and organizational objectives, download The Top 5 Training Strategies and Key Mistakes to Avoid
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