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If you analyze functions like finance, IT, and marketing you will find common drivers of success. Innovation in talent management and workforce panning strategies is required to help companies make profits again. Corporate Innovation. Increasing innovation is tied to strategic goals. Quality Hires.
Kaplan Professionals, an HR firm that assesses, designs and implements innovative learning solutions, conducted a three-year extended Situational Judgement Assessments of 4,500 employees at global tech firms and identified five key workplace findings. SJTs also reduce attrition rates.
Typically, Finance, Marketing, and Operations all have input, direct or indirect, on the creation and revision of the strategic plan. But that familiarity carries a steep cost: slow growth, missed targets, attrition, and unfulfilled potential. I call this obstacle The Disconnect. Sales often have no such contribution.
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