How private businesses can harness people power to drive growth

EY

Entrepreneurial businesses globally are rethinking their people strategies in response to evolving employee behaviors and expectations.

  • Private businesses are aligning their resource requirements with future business objectives
  • Talent retention and reward strategies are a priority in the era of the Great Resignation
  • For a truly effective people strategy, business leaders should carefully examine the potential disconnect between their priorities and those of their employees

Private enterprises rely heavily on the commitment, passion and talents of their people in order to succeed. Given the importance of people to growth, how can private enterprises reshape their strategies to unleash the full potential of their workforce? EY Private’s analysis of over 1,300 recent strategic growth plans, created by the leaders of private companies, highlights the following five people-related themes as top priorities for entrepreneurial businesses globally.

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