The talent-to-value approach: aligning talent with business value

Author Rachael Crocker
June 11, 2024

As organisations navigate an increasingly complex and competitive landscape, getting the right talent in the most critical roles has never been more important. Traditional approaches to talent management often fall short, focusing too much on hierarchy and not enough on the roles that truly drive value. That’s where the talent-to-value approach comes in.

Pioneered by McKinsey, the talent-to-value framework flips the script. Instead of starting with the org chart, it begins with a clear understanding of how the organization creates value – both now and in the future.

Where are your most valuable roles?

Leaders must take a hard look at their business and growth strategy to pinpoint the 5% of roles that deliver 95% of the value.

These critical roles tend to fall into three categories:

  1. Value creators that directly generate revenue or profitability
  2. Value enablers in key support functions that facilitate value creation
  3. Value protectors that mitigate major risks to value

Interestingly, McKinsey found that only 30% of these pivotal roles are in the top two layers of the organization. The other 60-70% are often two or three levels down, in counterintuitive places.

How do you fill them with the best people?

Once these value-driving roles are identified, the hard work begins: defining the skills, experience and capabilities needed for success in each one. Talent management then becomes laser-focused on getting the right people in these critical seats, whether by developing internal talent, hiring externally or redeploying people from other parts of the business.

The implications for recruitment are profound. Rather than backfilling open positions, hiring must be closely tied to the value agenda and prioritized accordingly. Analytics can help spot the biggest gaps between the talent you have and the talent you need. Compelling employee value propositions can be crafted to attract people with the right skills.

But the work doesn’t stop there. Performance in these critical roles must be managed actively and continuously, not just once a year. As strategies shift, so too will the roles that matter most. Talent-to-value is a dynamic, agile process that requires ongoing attention from the CEO and executive team.

Why is talent-to-value important?

Getting talent-to-value right is hard work. But for organizations bold enough to treat human capital with the same rigor as financial capital, the rewards are substantial. By systematically matching the right talent to the roles that drive value, these companies are seeing outsized returns – and a powerful competitive advantage.

If you’d like to hear more about the talent-to-value model or recruitment within HR, please get in touch using the form below.

Get in touch

Jobs

  • Professional services

Group Reward Manager

We are delighted to be acting for a leading professional services business to find them a Group Reward Manager to join their London HQ. This exciting, newly created role will be responsible for continuing the development of their total reward function for jurisdictions across EMEA, APAC & US, ensuring policies, processes and structures align with […]
  • Salary GBP85000 – GBP90000 per annum + + bonus + benefits
  • Posted Posted 3 hours ago
  • Financial services

HR Manager

Role: HR Manager Location: New York, NY Hybrid: 5 days in office (Monday – Thursday) Compensation range: Up to $130k base salary plus bonus Benefits: medical, dental, vision coverage, 401k match, and more Our client is a leading global investment firm with a strong reputation and culture. They are looking for an HR Manager to […]
  • Posted Posted 4 days ago
  • Asset management
  • Banking
  • Financial services
  • Fintech
  • Insurance
  • Professional services

Senior Reward Manager

Delighted to be working with a Manchester based firm that specialises in HR strategy, business transformation and transaction services and is looking for a Reward professional at Senior Manager level. This is a highly established and reputable global organisation that has a truly collaborative, flexible and supportive culture that can offer extensive career development opportunities. […]
  • Salary GBP90000 – GBP115000 per annum + bonus + benefits
  • Posted Posted 4 days ago
  • Asset management
  • Banking
  • Financial services
  • Fintech
  • Professional services

Reward Manager

Delighted to be working with a Manchester based firm that specialises in HR strategy, business transformation and transaction services and is looking for a Reward professional at Manager level. This is a highly established and reputable global organisation that has a truly collaborative, flexible and supportive culture that can offer extensive career development opportunities. As […]
  • Salary GBP60000 – GBP80000 per annum + bonus + benefits
  • Posted Posted 4 days ago
  • FMCG/consumer goods

Group HR Business Partner

Our client is a leading conglomerate experiencing rapid market expansion and organizational transformation. As they redefine their business landscape, they seek an accomplished Group HRBP to collaborate with senior leadership in developing people strategies that drive their ambitious growth agenda. This pivotal role requires an HR professional who excels in dynamic environments, demonstrates comfort with […]
  • Salary Discretionary bonus, medical insurance
  • Posted Posted 5 days ago
  • Engineering/manufacturing/industrial

Global Rewards Manager

Our client, a globally recognized conglomerate, is seeking an accomplished Global Rewards Manager to spearhead the harmonization and standardization of rewards programs across multiple regions. This is a high-impact role where you will lead critical initiatives-including bonus scheme redesign, pay structure transformation, job evaluation frameworks, and global benchmarking-to ensure alignment with business strategy while fostering […]
  • Posted Posted 5 days ago

Featured Content