Many business owners place a lot of emphasis on sales, marketing, and accounting, not realizing that they aren’t putting any effort into improving the drivetrain of all these departments: the people. While the people working in these various departments are important, the backbone of the entire organization that holds everything together, Human Resource, is even more important. Without a solid HR team, you won’t be able to communicate ideas, get people to do what they should do nor will you see progress because, even though you have great people, they are failing to work as a team.
If you want to revitalize the business, you need to start by reenergizing the core, which is the HR department. Read on to learn how you can do that
1. Discuss Evaluations
They say if you can’t identify the problem, you can’t solve the problem, and this couldn’t be truer when it comes to motivating people to achieve targets. A lot of managers and business owners want their employees to work harder as they want them to generate more business, but they fail to quantify exactly how much. First, you need to show them what they are currently doing and how much their efforts are currently creating. Once you can quantify how profitable their work is, it will be easier for you as a manager and it will be easier for the employee to understand what they can do to improve their performance. Then, they will have a defined target that they are working towards.
2. Share Company Analytics
While individual performance evaluations are important, you also need to see how the overall company is performing. More importantly, you need to share this information with the team so that they get a real-world understanding of how well their efforts are paying off in terms of company performance. The best way to use analytics is through financial metrics; while these will vary depending on your industry, the important thing is to have a fixed number that you can work with. Many business owners are shy to share this, but they have no need to be apprehensive, they are only sharing it with the people who created these numbers in the first place.
3. Hire The Best
Business owners want to have the best people in sales and marketing but you need the best people in every department to grow. In fact, you should be using outsourcing and third-party services to improve departments in which you don’t have the manpower to deliver the quality you are aiming for. In fact, you can even delegate the entire HR department to a third party to help your business and free up time on your schedule to work on things that you are an expert in. If HR isn’t your primary area of expertise, let professionals manage it and put your efforts into your skill set for the business to flourish.
4. Compensate Hard Work
If you see your people putting in the work, show that you appreciate it. You don’t have to create 6 figure annual packages or surprise them with insane bonuses, just a small gift or incentive as a token of appreciation will do the job. The purpose is to give them recognition for their work and you can do this every day without having to write a cheque. A compliment, a pat on the back, or a nice word, all go miles in making employees feel amazing and encourage them to want to work well for a boss like you.
5. Train Staff
Your staff needs direction, and as the leader of your business, no one understands the direction that the team needs to move in more than you. Be generous with training and help them cultivate the skills they need to succeed and to help you achieve your business goals. Even if you started with raw talent, over time you are going to have a team of refined individuals who have been trained with exactly what they need to deliver to your standards. Training is also a great form of recognition and shows your team that you are genuinely interested in their personal development.
Through these simple tips and tricks, you can get the right information, the right mindset, and the right energy flowing through your organization. The people at HR are the ones who are responsible for getting the rest of the company up to speed and keeping day-to-day operations running smoothly in the background. By developing this department, you are developing the skeleton upon which your business is based. Understand this as the most valuable investment you can make in terms of uplifting the business.