Everything stems from Strategy

It is likely you are currently re-evaluating your strategy and business plan to rise to the current challenges that all businesses face. One of the most expensive things in that plan is the cost of your people. Getting the absolute best out of this large cost to your business doesn’t happen by chance. And now is the time to evaluate who you need, in what roles and how to get the best from them.

You have a Finance Director to get the money right, so a People Director to get the People right makes a lot of sense.

Strategic HR or a People Plan should sit alongside your business plan to address:

• How to actively engage your team, particularly through times of change – after all, highly engaged teams show 21% greater profitability
• Keep and motivate your best people and decrease staff turnover. 41% of employees leave their jobs because they are unsatisfied with the leadership of senior management
• Decrease sickness absence, as highly motivated employees have 41% lower absenteeism

So why Strategic HR? It isn’t about HR exercises for their own sake, about paper pushing or wasting management time. It is about truly harnessing motivated people in your business.

Where else can you get a 20% increase in profitability for such a small effort?

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