Role of HR in Business Growth
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The function of Human Resource Management contributes an important role in assuring employee satisfaction, develop business productivity and performance. It can also provide the organization with a clear vision of competitive advantage and contribute effectively to the organizational success in general.
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Role of HR in Business Growth
- 1. Busyness Impact of HR
- 2. WHAT IS Business????? You can get capital and erect buildings , but it takes people to build a business .- Thomas J. Watson ( The founder of IBM ) Factors For Business Success Strategic Focus (Leadership, Management, Planning) People (Personnel, Staff, Learning, Development) Operations (Processes, Work) Marketing (Customer Relations, Sales, Responsiveness) Finances (Assets, Facilities, Equipment)
- 3. HR is critical to the success of every organization. In fact, HR is the key to companys success. Without an effective and efficient HR team, there will be no talents in the company, and without talented people who are dedicated to the company, So ultimately there will be no business. in Business
- 4. A management system is a set of polices, Process and procedures used by an organization to ensure that it can fulfill the tasks required to achieve its objectives. These objectives cover many aspects of the organization's operations (including financial success, safe operation, product quality, client relationships, legislative and regulatory conformance and worker management, Sustainable environment). What is policy, Process & Procedure : Policy: a course or principle of action adopted or proposed by an organization or individual. Process: a series of actions or steps taken in order to achieve a particular end. Procedure: an established or official way of doing something. Business Success Depend on Management System
- 5. can Assist to achieving Vision, Mission & Goal Creating a SMART Mission Vision Statement Communicate the Statement: Human resource team or recruitment agency can help company communicate its vision and values through: Incorporate The Mission into the Hiring Process Bring the Mission into the Team Culture Build The Mission into Management Processes Motivate to Promise the Statement in to the Employee onboarding and training programs. Initiate Statement in leadership team discussions and other organizational initiatives for visualization.
- 6. can Assist to Business Plan Business Plan: A Plan for New starting business Strategic Plan : A Plan for existing business Operation Policy. Strategic Business Planning A strategic plan outlines the strategy for growth and success in the future by using existing resources. Incorporate with business team to make a framework Support to make the plan and approvals. Motivate peoples to achieve the plan target. Stimulate change management to execute the plan. Setting KPI for Business Benchmark
- 7. How Can Support to Culture Branding & Promoting HR May directly influence in Culture Branding & Promoting Like: Align the Culture in to the hiring process. Start With Commitment on Employee Onboarding Integrate Company Values Into Training Ensure Culture Practice in the Workplace Reward programs Communication and messaging Culture Practice Merge with Performance Evaluation. Event & Cultural Program Incorporate with Technology.
- 8. Can Support Business Through SMART Recruitment Process Helps to hiring the right person. Talent Recruit Added Value SMART recruitment process reduce costs Enhance a company's reputation in market Enhanced value creation quality of products and service is improved when the best employees are hired and retained. Increase Employees Morality. Improve Productivity Which Add Value. 4
- 9. How a SMART Compensation & Benefit Policy Can Improve Business
- 10. Reputation Through Employee Retention Cost Reduction Moral Improvement Experienced Employee Recruitment & Training Efficiency Increase Productivity Better Customer Experience Improve Culture Better Employee Culture Increased Revenue Improve Employee Satisfaction Promoting Leadership
- 11. Retain Employee with a Appraisal Performance Appraisal increase customer & Stakeholder satisfaction Improve Performance Assist to enhance employee performance Be integrated with companies strategic vision Up Living standards Transfer Promotion Society Value The Tool of Inspiration Identify learning needs
- 12. Accepting Feedback Improve Business Success Improve Business Outcomes Increase clarity and business agility Opens the Door for New Ideas Improves corporate communication Enhanced HR data & metrics Decreases turnover and brain drain Creates a more positive workplace Boosts employee engagement Helps Employees Feel Valued and Take Ownership Encourages Employee Growth and Retention Creates a Collaborative Environment
- 13. Business Success Through Developing Talent Increase Employee Performance Speed in Completing Task Continuous coverage of critical roles employees Recognizing the interests and abilities in your External Factors Internal Factors Attract top talent Retain Top Talent Higher Client Satisfaction Improve Business Performance Add Business Value Increased Revenue