Episode 12
🎙️ Strategic HR: The Unseen Driver of Business Success
As a thought leader in the business coaching field, I found Kathleen Gabriel's insights on the strategic role of HR in business growth profoundly enlightening. This episode delves into how effective HR goes beyond mere compliance, shaping a business's future through aligned action plans and intuitive infrastructure. Sharing this content is vital as it underscores HR's value in driving employee engagement and achieving business goals. Kathleen translates complex concepts into actionable strategies, which is a must-listen for any business aiming to thrive.
Key Takeaways:
- Human resources is not just about compliance; it's about growing your business.
- Consistency in HR processes leads to improved business performance.
- Strategic HR involves more than just creating systems; it's about execution and hands-on support.
- Employee turnover costs much higher than most realize – up to 150% of a person's annual wage.
- Fractional HR can provide the expertise small businesses need without the commitment of a full-time hire.
Step-by-Step Process:
- Assess Business Needs: Start with a clear understanding of your business goals and challenges.
- Define HR's Role: Determine how HR can support these goals through strategic planning and execution.
- Build Infrastructure: Work with HR to create systems and processes that support your business strategy.
- Engage Employees: Use HR to enhance employee engagement, which is crucial for retention and productivity.
- Evaluate and Adjust: Continuously monitor the effectiveness of HR strategies and make adjustments as needed.
Quotes:
- "Human resources is there to help you grow your business."
- "Consistency breeds performance."
- "It is so expensive to have turnover."
Resources Mentioned:
- Kathleen Gabriel's Website: A portal to her professional HR consultancy services.
- Atomic Habits Book: A guide to forming good habits and breaking bad ones, useful for personal and professional growth.
Personal Best Advice:
From my experience, the best investment you can make is in your people. Cultivating a robust HR strategy is not just about hiring and firing; it's about creating an environment where your employees can thrive. This, in turn, directly contributes to your business success.
FAQ:
Q1: What is strategic HR?
A1: It's an approach where HR activities are aligned with business goals to drive growth.
Q2: Why is consistency important in HR?
A2: It ensures fair treatment of employees and steady progress toward business objectives.
Q3: How costly is employee turnover?
A3: It can cost up to 150% of an employee's annual salary.
Q4: Can HR impact business strategy?
A4: Absolutely, HR can drive strategic planning, employee performance, and overall business success.
Q5: Is fractional HR a good option for small businesses?
A5: Yes, it provides the necessary HR expertise without the cost of a full-time HR department.
Connect with Kathleen:
Connect with Dean at The Pillars Group
https://www.instagram.com/dhvandyke27/
https://www.facebook.com/thepillarsgroup/
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