Productive organisations
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.