Hit Top Gear by Supercharging Your People Engine

In today’s competitive landscape, businesses that prioritize their people—specifically their learning and development—reap significant benefits. According to McKinsey research, companies that place talent at the core of their strategy consistently achieve higher total shareholder returns compared to their peers.

A notable gap exists in revenue productivity between high-performing companies and their industry counterparts. In leading organizations, revenue per employee far exceeds that of average-performing firms within the same sector.

Properly measured, effective learning investments can reduce costs associated with employee turnover, human errors, and more. Beyond these benefits, optimizing your learning investment powers your people engine, ultimately unlocking advanced operational efficiency that drives higher shareholder value.

If your company isn’t measuring the effectiveness of its learning investment, you’re leaving money on the table. Business performance doesn’t happen by chance—just as learning doesn’t happen magically. To achieve your goals, you must intentionally align your people with your business objectives through targeted curation and development.

Our upcoming webinar series offers an in-depth exploration of the role that learning investment plays in enhancing the performance of your people engine through both hard and soft skill development. By understanding the importance of establishing, measuring, and promoting the value of learning in the context of business impact, attendees will gain actionable insights on how to calculate and prove the ROI of your organization’s people engine—arguably the most powerful part of your business.

Your People Are Your Business Engine

People are the engine that drives your business success. Through task performance in their respective roles, they collectively fuel the output of your business engine. The more you invest in developing your people’s capabilities, the more role function and task performance you unlock within your organization. This cascading effect is something L&D leaders and HR professionals know well, but they often need the right tools to evaluate and measure training effectiveness—and to articulate that value in a way leadership and C-suite understand for buy-in and support.

How It Works

To optimize your people engine, it’s essential to define and evaluate skills to determine ability. However, this is a moving target—skills must be actively developed through training and experience to keep pace with evolving market and technology advancements. If your training doesn’t reflect changes in procedure, process, environment, status, or otherwise, your people’s skills will atrophy. Defining competencies and skills, tracking them, and noting skills progression helps for articulating where your people stand. Training and experience will help you help your business through periods of change or avoid failing competency
related to infrequently used skills and ensure you can always meet your business targets when these factors are inevitably at play.

Capabilities, or skill groups, are directly related to the roles individuals perform. These capabilities contribute to individual effectiveness, which is the sum of capability and motivation—both of which are directly impacted by the effectiveness of learning.

 

 

Tuning your People Engine for optimal business impact

The better your people engine performs, the faster and more consistently your organization achieves its goals. If your business isn’t performing well, you have two choices: invest in a bigger engine or optimize the one you have. To ensure the longevity of performance, regularly service your engine. If you have big goals, you need to up your investment to improve the power of your people engine..

Individual effectiveness, amplified to its highest potential, leads to collective people effectiveness. This is the next gear in your people engine that drives your business. A healthy engine operates each gear at its optimal performance, enabling your organization to reach its goals faster.

 

 

Moreover, more motivated and capable people are happier and more satisfied in their role. Investing in your people engine not only reduces turnover but also improves other critical HR metrics. When HR and L&D professionals succeed, so does the business. Our webinar series provides the blueprint for measuring and proving the business impact of your people strategy.

 

Here’s What You Can Expect to Learn in the Learning Effectiveness Webinar Series:

1. Establish the need for measurement and provide a high-level overview of how learning affects business goal achievement through measurable “People Engine” performance.
2. Dive deeper into “Individual Effectiveness” as a component of People Effectiveness, and how to measure people effectiveness impact.
3. Examine how Learning Effectiveness influences both Individual and People Effectiveness, and learn how to measure and prove its impact.
4. Metrics Masterclass: Learn how to tangibly measure People Effectiveness, Individual Effectiveness, and Learning Effectiveness to determine the power of your People Engine, and how to determine and promote the business impact of this measure to unlock increased investment and adoption.

You can access to the first  Hit Top Gear Webinar here.

To receive future episodes of the webinar series, register below.