We are an independent research and standards organization.

The Workforce Readiness Institute, Inc. was established to explore the development of a governing metric for the HR function: a unified, decision-quality measure of the extent to which an organization’s talent and culture can produce the outcomes the business requires.

The premise is straight forward. Capital and talent are the two fundamental resources of the enterprise. The CFO is accountable for capital and has an enterprise-wide measurement system for governing its use, allocation, performance, and return. The CHRO has no equivalent toolset, and therefore does not govern the workforce.

Workforce Readiness is proposed as a solution that closes that gap.

We hope to engage CHROs, business leaders, academics, consultants, professional associations, standards bodies, and other stakeholders by invitation and discussion — to test the logic, challenge the assumptions, improve the methods, and establish whether Workforce Readiness can support the HR profession’s impact going forward.

Workforce Readiness provides the integrated governing judgment the enterprise now requires. It creates:

• a common workforce state;
• a business-relative sufficiency test;
• a diagnostic architecture;
• a common decision currency for workforce interventions;
• an operating cycle connecting evidence to action;
• a persistent basis for management and enterprise oversight;
• a disciplined basis for testing major commitments;
• and a means of governing execution capacity as an enterprise resource.

Readiness enables the CHRO to govern with rigor the execution capacity of the organization’s talent and culture.

Craig was part of the finance team integrating a newly-acquired bottling company into its core business. He also led the financial strategy underlying a global mining joint venture. Two different industries and organizations, but both reflecting a shared observation: capital has a rigorous operating discipline behind it, and talent does not.

Craig founded the Workforce Readiness Institute to build that missing discipline. He is an independent consultant and inventor whose career includes CFO, CIO, and global operating roles in four Fortune 300 companies.

He is an economist by training whose work has appeared in Harvard Business Review, McKinsey Quarterly, and MIT Sloan Management Review.