We have defined that a successful talent development program and Growth Strategy focuses on these four key areas:

1. Skills – are the skills needed for the job? Technical, problem solving, etc.

2. Knowledge – what knowledge is needed? Industry, customers, strategy, products, services

3. Behaviours – what type behaviour is required? Leadership, decision making, values, ethics

4. Results – what results are expected? Revenues, profits, new products, new processes.

Through our research we’ve identified the four areas a Company needs to focus on to improve its ability to execute.

They are:

• Define Tangible Objectives: Many Companies do not have tangible objectives. Tangible means you can measure success – with numbers.

• Balance Objectives with Resources: Many Companies have too many objectives to accomplish based on the limited resources available. Successful Companies complete a smaller list of objectives then add to them.

• Link Incentives to Performance: People are motivated by incentives that drive them to accomplish objectives. Successful companies link accomplishing objectives to incentives.

• Develop A Culture Of Accountability: Successful Companies are extremely disciplined in focusing on the objective, measuring progress and holding people accountable.

If a company struggles with execution this is most often where the problem lies.