Want FREE Templates on Organization, Change, & Culture? Download our FREE compilation of 50+ slides. This is an exclusive promotion being run on LinkedIn.


STAFFING TOOLKIT



As Bill Gates once said, "The competition to hire the best will increase in the years ahead. Those companies that give extra flexibility to their employees will have the edge in this area." Staffing, an integral part of Strategic Management, is as much about skills as it is about organizational culture, leadership, and flexibility.

Strategic Staffing is not just about filling in roles. It's about aligning the company’s workforce with its strategic goals. According to McKinsey’s research, companies implementing strategic staffing initiatives yield a 25% increase in productivity. This emphasizes that the right staffing practices can bring about transformational changes.

Holistic Approach to Staffing

In a recent study by Deloitte, 92% of companies believe redesigning work is a high priority. This involves creating a holistic strategy that not only considers abilities and qualifications but also incorporates elements of Change Management and Leadership to encourage a thriving culture. A holistic approach to staffing considers the entire employee lifecycle from recruitment to retirement. It is about seeing the big picture—how each individual fits into the company’s larger mission.

Strategies for Effective Staffing

Contrary to traditional practices, staffing strategies should be proactive rather than reactive, as underscored by PwC research. Here are some key strategies:

Enabling Organizational Culture

Culture is a significant consideration in strategic staffing. McKinsey's Organizational Health Index found that organizations with a high score are 2.2 times more likely to have above-average EBITDA. When focusing on Staffing, it becomes vital to consider not just technical skills but also cultural fit and adaptability.

Evolve with Changing Trends

With the advent of Digital Transformation, strategic staffing will require a transition from traditional ways of working to more project-based, fluid roles. The growing prevalence of remote and flexible working conditions is one major trend to be aware of. A report from Forrester suggests that by 2022, 42.5% of the global workforce will be mobile.

Furthermore, the increased importance of data in decision-making is making analytical skills critically important. According to Accenture, 90% of Fortune 500 companies in the fast-moving consumer goods sector are seeking analytical skills to drive business decisions.

The Role of Leadership

Leadership also plays a pivotal role in Strategic Staffing. By promoting a shared vision, fostering a positive culture, and focusing on nurturing talent, leaders can drive performance management. A recent Harvard Business Review study found companies with high levels of managerial trust have a 74% higher impact on financial outcomes.

Embracing the Future of Work

Preparing for the future of work requires embracing innovation in all aspects of business, including staffing. This means anticipating future skill requirements and creating an environment of continuous learning. According to an MIT Sloan Management report, the demand for AI skills has grown 4.5X since 2013.

As we step into the future, Strategic Staffing will remain a critical aspect, helping businesses transform and drive growth. As organizations navigate this journey, they will need to focus on enriching employee experiences, leveraging digital capabilities, and fostering a resilient culture.




CUSTOMER TESTIMONIALS




SELECT CUSTOMERS
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes across the world—in over 130 countries. Below is just a very small sample of our customer base.



Did you know?
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.







Browse our Business Toolkits
to quickly find the documents you need.
Each business toolkit is a collection of documents around a common management topic.





TOP 40 TRENDING TOOLKITS


  Show all available toolkits.

Download our FREE Strategy & Transformation Framework Templates

Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S Strategy Model, Balanced Scorecard, Disruptive Innovation, BCG Experience Curve, and many more.