McKinsey February 26, 2025
Gen AI has increased uncertainty about workforce skills and capabilities. Organizations that harness AI-driven innovation find it makes strategic thinking and talent planning easier.
Forward-thinking organizations understand that talent management is a critical component of business success. S&P 500 companies that excel at maximizing their return on talent generate an astonishing 300 percent more revenue per employee compared with the median firm, McKinsey research shows.
In many cases, these top performers are using strategic workforce planning (SWP) to stay ahead in the talent race, treating talent with the same rigor as managing their financial capital. Under this analytical approach, organizations don’t wait for events or the market to dictate a response. Instead, they take a three-to-five-year view, using SWP to...
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