As organizations work through the talent revolution resulting from technological and AI advancements, geopolitical tensions, climate change, and other changes which have led to profound shifts in the global business landscape, people transformation remains crucial to help organizations adapt and excel in this new world.
Prioritizing PEOPLE in their transformation journeys involves empowering them through skills development, well-being and organizational culture, enabling them to realize their full potential to innovate, adapt and sustain growth in the changing business landscape. This, in turn, contributes to the organization’s overall success and resilience in navigating challenges and transformations.
KPMG’s People Transformation Framework highlights the five (5) core areas that focus on people elements, including but not limited to the organizational structure, workforce needs, capabilities, employee life cycle and culture, towards sustainable changes within an organization.
WHAT WE DO:
• Design an organization structure that is aligned with business strategy and regulations.
• Realign the roles and responsibilities required by each position in the organization structure.
• Establish chain of command and reporting line based on the structure and roles.
WHAT WE DO:
• Evaluate workforce profile to determine the capacity of existing workforce.
• Align current and future workforce needs to business strategy and structure to determine the right size.
WHAT WE DO:
• Develop performance management and competency framework in line with the organization needs.
• Refine total rewards strategies to remain competitive and aligned with organization’s value proposition.
• Identify critical positions for succession planning to maintain a sustainable talent pipeline.
WHAT WE DO:
• Refine HR policies and processes based on the business strategy and direction
• Develop a HR service delivery model across the three dimensions of an organization, i.e. strategic, operations and consultative/ HRBPs.
WHAT WE DO:
• Identify key stakeholders and potential change impacts to drive clear communication for increased acceptance and accountability.
• Help set the tone from the top for leaders to lead the change and drive employee engagement.
Through People Transformation, KPMG in Malaysia has supported organizations across various industries in addressing common challenges and achieve their business objectives.
Our expertise in this area has enabled organizations to achieve the following:
• Cost synergies while remaining competitive by aligning their structures with business strategies,
• Enhanced employee experiences by harmonizing total rewards and HR policies and procedures, and
• Smoother post-merger transitions through clear and proactive communication strategies.
If you have already taken steps towards People Transformation, you may choose to focus on the elements that are critical to your organization i.e., Culture & Capabilities and Redefining Organizational Efficiency to propel meaningful progress in your transformation journey.
