We all know times are challenging, but in fairness, it is rare to have decades when times are not tough. The 2007/8/9/10 global economic crisis was followed by the EU, Greece, Portuguese, Cypriot, Russian, Brazilian, Chinese, and Turkey economic crises. And then 2020 coughed up an interesting start to the decade. And that’s why successful business owners and executives are tough nuts to crack. Balancing the toughness with compassion and optimization will leverage your most precious resource ‒ people!
Do More With Less
More than ever, human resource departments need to be empowered to be the leading, strategic resource department that delivers business goals, which is what they were always meant to be but executives stripped them of the power to deliver. Human resources must be a business's highest leveraging priority.
This is where it is important to understand that just because you use many resources doesn’t indicate fantastic resource management.
Good resource optimization matches people’s skill sets to projects with sufficient bandwidth to deliver business goals. Overly busy people do not have time for innovation at all levels, and without innovation, businesses stagnate.
Optimization Will Need Tools
Optimizing any business area needs tools, which does not mean a spreadsheet as this is not scalable (amongst a list of other negatives). Ditch anything labor and time intensive and choose agility and automation. Seek out a tool that will empower the COH (Chief HR Officer) to deliver you data or results on:
Top Resource Optimization Tips
With your optimization tool/s up and running, you can now focus on these best practices:
Leaving the most important reminder till last ‒ keep your resources happy. They are similar to a client in that they will deliver profits to you if their needs are met.
Want to help to put your crown jewel in a prime position? Call on us to start your transformation! Contact eLaunchers today.