Long ago Human Resources (HR) was nothing more than a buzzword. The tyrannical boss was forever imposing deadlines, salary cuts, and unfair treatment onto their unsuspecting workers. This type of strategy planning could only fail when the blue-collar people of the world finally worked out that it was they, the meager and humble worker-bee, that truly made the world go round. In these current times, good employees are hard to come by and even harder to keep – strategy planning is essential. If you research an effective HR strategy ahead of time, that takes into account your most valuable assets, you’ll be saving money, enhancing productivity and growing a more positive working environment!
Your Most Valuable Asset.
Believe it or not, it is not your product, nor is it your enormous brain or fantastic location – its your workers! Without them nothing happens – you can’t do it all! Without strategic management, retention of your staff can be difficult. Going through the ordeal of replacing an unhappy staff member can cost up to three times their original annual salary.
What if you were to divert some of that proposed money into a HR strategy that addressed the needs of your current workers? On the people that already know your business and have a vested interest in seeing it succeed? Is it too much to ask to make them happy? If you took a chance and tried it, some problems that may occur could be excessive productivity, increased sales, more satisfied customers and lower staff turnover…hmm, sounds like a problem well worth having!
What Workers Really Want.
An unhappy employee feels like they aren’t going anywhere fast, they feel bored and unchallenged by their roles and responsibilities. They may have coworker issues, or a socially ignorant manager, or bigger problems that are going on in the outside world. For some reason or another, the unhappy employee is just that… unhappy. And without intervention through strategic management they will leave or at least stop working!
A happy worker on the other hand, envisions a workplace where they are valued and feel appreciated, where they feel a shared ownership in the brand or company. Opportunities for professional advancement, training in and access to new technologies and a pay cheque that reflects their contribution to the business also helps! On a more human level, workers just want to communicate and feel heard once in a while. They’d love it if the boss would acknowledge that they have a life outside the office and be flexible for family and social commitments.
How You Can Deliver.
First and foremost, if you have a large company and are not trained in human resources yourself, get an expert in strategic management in to look after it. Whether on a contract basis, or a permanent addition to your team, an expert in HR strategy will ultimately save you time and money. Even if you don’t have a huge number of employees in your own small business there are lots of ways to get your staff morale flying high above the bar and raise the stakes for your success! Try being more flexible, both with hours and job roles.
Why not let your employees delegate jobs to each other, sharing extra workloads and encouraging teamwork through lending expertise? Some successful business let their staff work a staggered workday; some starting at 5am and finishing by 2pm and others coming in when they wake up sometime in the afternoon! It’s radical, but not everyone operates on a normal office day cycle. Try thanking your workers. Money is great, and bonuses never go astray but remember the power of the well-timed and genuine thanks. It’s a rarity these days. And it will make your workers happy.