Strategic Options of Human Resource Development
Developing your small business’s human resources strategies and tactics can seem an especially daunting task. In many smaller organizations, the HR function is handled by the business owner or by a senior manager without the support of a large team of professionals. There are a number of tried and trued human resource development strategies that can enable your business to manage its most valuable resource its people without overwhelming your time or energy.
Recruitment and Hiring
The recruitment and hiring of employees is often seen as one of the necessary evils of running a business. The hiring process can take valuable time away from other important tasks, and training new employees is an intense process. Nonetheless, the recruitment tactic an organization adopts can be of utmost importance in setting its long-term growth and productivity strategy. This is because hiring the right employees for the right jobs makes the business’s operations run more smoothly and effectively over time. The key to recruitment is in determining exactly where your business has needs. Do you need a specialist IT person? If so, don’t hire someone with expertise in marketing to fill this position. Do you need a generalist who can take on a number of different tasks? Then look for someone who’s managed projects or has experience working in a fast-paced environment.
Once you’ve hired employees, training them to do the work as your business requires it to be done is an important tactic in human resource development. While all organizations ideally want to hire skilled people to fill open positions, almost all employees need some level of on-the-job training. Your business might have particular ways of processing invoices, or it might have its own systems for information technology. These particular policies and procedures have to be communicated to new employees, and current employees have to be periodically retrained on key areas. This is important for any company’s long-term strategy of efficiency and growth. Employees who work smartly and on the same page eliminate waste and save the organization money.
Benefits and Compensation
Providing benefits and compensation goes without saying for the HR function. However, there are novel tactics and strategies that your organization can think about initiating to help it attract the very best employees. Offering work-life balance programs such as flexible working hours, paternity leave, work-at-home options and extended holiday time for good performance are all ways to reward your employees above and beyond the traditional model of pay-for-service HR. These innovative strategies help keep your employees engaged and it helps them feel like they are valued by the business.
Evaluation and Professional Development
Evaluating employee performance is a final key strategy for human resource development. Some organizations institute annual evaluation procedures while other businesses only evaluate employees when something seems to be going wrong. However, regular evaluation of your workforce can help to spot areas where additional training is needed or where rewards and benefits can be levied. It also gives the business owner or manager an opportunity to offer professional development programs to its employees. Professional development includes any training or further education plan that isn’t normally available to employees as part of their on-site training. Sending employees to conferences or networking events, staff retreats and tuition reimbursement are forms of professional development. They train your employees to sharpen their skills, which they will ultimately use to contribute back into your organization.