Wednesday, March 25, 2009

Your Most Valuable Resource

Human Resource Managers hopefully are putting into place strategies and programs designed to resolve some of the issues associated with the economic crisis and are looking for ways to reduce costs associated with their workforce. We are seeing layoffs, hiring freezes, delayed pay or merit raises, and reductions in benefit expenses as the key areas of attack.

Along with reducing personnel-related costs, other factors are being affected including employee morale, innovation, new product releases, inventory control, etc. These factors often hasten the departure of our high performers and reduce the customer service levels.

The leadership of your organization must realize that employee performance and productivity is the key to success and it will drive business performance. Many believe that by improving individual performance and productivity will allow the top performers to rise to the top and allow companies to weed out the poor or non-productive employees.
Focusing on developing people is a real need for any company that wants to retain and develop its high performers and sustain growth in these poor economic conditions.

Human resources managers must focus on aligning the people with the strategic development process of the business and allow people to stretch toward their potential. HR has to realize that they must view talent or their people as the strategic resource that help the company reach its goals. It is time that Human Resource Managers understand that all personnel must be trained to understand the Total Leader® Process. The future of any organization is with its most valuable resource, its people. The executive team members of all companies need to exhibit the leadership skills and competencies that will sustain their company’s growth for future years.

Isn’t it time for you to focus on your strengths and not the weaknesses of your company and its people. People Development processes can directly affect the performance of you company so do something now!

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