Why Your Talent Strategy (and So Much More) Depends On Purpose
Mounting evidence demonstrates that in addition to increased innovation and financial returns, having a clearly defined purpose that addresses important goals beyond profits is effective in driving performance by attracting, engaging, and retaining employees.
However, it takes deliberate, consistent action by leaders to integrate purpose throughout the organization — including talent management — and create a reality that employees will recognize as genuine and respond to.
Purpose is rising to the top of organization's talent strategies.
Purpose-oriented companies have been shown to achieve 30% higher levels of innovation.
30%
83% of companies that overperform on revenue growth link everything they do to purpose.
90% of the global employees and executives we polled responded that work should bring a sense of purpose to their life.
37% of employees think their performance isn’t linked to their organization’s stated purpose.
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83%
90%
37%