Today organisations need to focus on capability building rather than only training, if an organisations want to drive their growth agenda. Here are some guidelines that you could follow.
On a fundamental level, the HR budget is a great way to reinstate and reinforce HR function as a strategic arm of the organisation. Our experience tells us that if HR budgeting is done with a genuine intent and focus, there will be a clear impact on the bottom line as engaged employees will give in their best to achieve business goals. If you are looking at ways to make the most of your HR budget this year, reach out to us – firstname.lastname@example.org
Unlike some of the other business assets, if managed well, the human assets or the human resource of your company have the potential to constantly appreciate and yield multi-fold returns. All it takes is for the leadership team to integrate the human resource strategy in business strategy.
The HR departments roles is supporting organisational growth whilst keeping a fine balance between change and consistency is what keeps the rest of the organisation functioning smoothly. So, here’s how a typical start of the year should look for your HR team.
The “war for talent” is a key driver of success as well as a strategic business challenge. And this war has only intensified in the last decade. Let’s look at what differentiates freshers and experienced professionals in the context of hiring and its effects on the organisation.