The difference between a well-trained employee and one who isn’t can cost your business dearly. Bridging the skill gaps is critical to employee and employer success, and identifying them correctly is the first step. Right diagnosis of the skill gap is far more important than the training itself. It not only optimizes costs but also gives a hefty return on training investments.
Flexible work options or flexible-work may be ideal in today’s scenario. So now, several companies are considering flexible work policies to the changing times. Yet, there is hesitancy as it is still a new concept, and there’s a huge gap between expectations and execution. Here are some ways you can ensure a flexible option works for your company:
Talent development is most effective when various initiatives are plugged into each level in the hierarchy, thereby ensuring talent readiness at all levels. Irrespective of the talent requirements of your organisation, these 6-must-have talent development initiative can help every organisation ensure effective implementation of their talent strategy…
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 – email@example.com
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.