Thinking about Human Capital Strategy

How can we accelerate the development of "the best and the brightest" from within the business?

When developing or rethinking a human capital strategy, consider some of the following questions:

• Do we have a structured, analytical approach for differentiating between high and low performers?
• Are our decisions related to recruiting, hiring, compensating, retaining, and dismissing employees based on accurate, up-to-date information and aligned with the requirements of our business strategy?
• Are we effective in transferring valuable knowledge, skills, and insights across the organization?
• Are we leveraging available technologies to enhance collaborations and communication, improve decision making, and enable performance?
• How can we accelerate the development of "the best and the brightest" from within the business?

ACTION POINT: Develop a comprehensive strategy for developing your human capital.