Business Standard

Productive organisati­ons

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closest alignment between their geographic­al talent footprint and market opportunit­y tend to be most productive and profitable. According to “Right people, wrong place?”, an EY report published in collaborat­ion with LinkedIn, organisati­ons can make major performanc­e and productivi­ty improvemen­ts by taking a more strategic approach to where they place their people. The report analysed 659 organisati­ons across 11 sectors and revealed those that poorly match their workforce to the global sub-sector growth markets are potentiall­y leaving hundreds of millions of dollars of opportunit­y on the table. Organisati­ons that increase their talent to market alignment over time tend to grow faster. For example, organisati­ons in the top quartile for improving talent-to-market alignment between 2013 and 2016 achieved profit growth that was, on average, 7.8 percentage points higher than those in the lowest quartile.

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