It is a common misconception that HR strategy is complicated, time consuming and only relevant to large corporations.
We define HR strategy as ‘having a plan for your people’. In most businesses, people are the most expensive asset. At the same time, they are the key to delivering everything your business wants to achieve. Having a plan to ensure you get the best return on your investment in your people makes commercial sense.
A good quality strategy is based on accurate data with relevant, measurable actions for implementation. For an HR strategy, the actions are based on what you need your people to achieve the to get the required business outputs. Whether you are aiming for profit, business growth or improved customer satisfaction, defining your HR Strategy will identify what actions you need for each role, or each team, to deliver the required business results.
Your strategy may refer to many different areas of HR. These might include: a robust hiring strategy and recruitment process to ensure the quality of your new recruits, monitoring employee satisfaction and conducting stay interviews to manage employee turnover and keep your recruitment costs down. Your strategy might include identifying what motivates your people, this in turn will help you engage them in delivering even better customer service. Understanding what rewards your team value and creating an offering which meets the needs of your current workforce and attracts potential recruits will contribute to the best return on your investment. Evaluating your current culture against your desired culture will build and strengthen your company brand.
The most profitable and successful businesses recognise and understand HR is more than just an overhead. The work alongside HR to achieve the strategic growth of their business.
Emphasis works with SMEs to develop and implement their HR strategy. We will:
- advise how an HR Strategy would support the growth and development of your business
- measure and assess current your position against your desired position
- identify with Business Owners/Directors how people are integral to your business
- create an HR strategy tailored for your business which will support your ambitions and goals
- proactively implement your HR strategy, including key milestones and regular reviews points
If you are interested seeing how you can achieve your business goals through your people, contact us on hello@emphasis.uk.com or 01794 874232 to discuss.
