You probably started your own business because you’re passionate about bringing your product or service into the world, and providing a much-needed solution for your customers and clients.
This people management malarkey though – it’s not necessarily what you signed up for, is it?! Call it a necessary evil if you like, but the fact remains that if you want to grow a thriving business, you can’t get away from it. You need practices, procedures, and policies in place that ensure you’re hitting the mark and developing the right kind of people and business culture to guarantee your future success.
If you take your figure off the pulse or let the grass grow under your feet, you could find yourself with problems that have been deeply embedded into your company’s culture, and these can be extremely difficult (not to mention expensive) to fix.
Wondering whether this might apply to you? Recognising that you might not be firing on all your HR cylinders is the first step towards fixing any issues and turning things round.
So, lets look at where is your business is currently at……
Are you unsure about whether you’re really meeting your legal obligations?
All business owners know that they need to be compliant with relevant employment legislation. When push comes to shove though, are you confident that you’re meeting your obligations? If you’re not, the niggling concern that something could go wrong is likely to constantly be at the back of your mind.
If you found yourself in a situation in which you weren’t fulfilling your requirements, it could prove to be devastating. Often, all it takes to ensure that you’re where you need to be is some advice from a professional. The peace of mind that this can bring can be worth its weight in gold.
Are you struggling to meet your overarching business goals?
HR is no longer about handing out cups of tea and sympathy. Robust HR practices will always be in line with wider company objectives, and they’ll actively help your business to get to where you want it to be. Take a second to think about what HR looks like in your business, and whether it’s really fulfilling its potential.
Do your practices improve productivity? Do they encourage your staff to be the best that they can be, and reward them accordingly? Do they play a significant role in facilitating business growth? If not, then you’re missing out.
Are you suffering from high staff turnover rates?
Recruiting good staff can be expensive. Giving them the skills and developmental support that they need to excel in their roles can prove to be costly, too. In an ideal world, this is an investment rather than a cost. But if your staff are deciding to up sticks and move on to pastures new, this can be a huge problem.
You’re likely to notice the impact on the bottom line, and it may well be the case that you’re also damaging your employer brand. If too many people are leaving, the word will get around, and people will start to ask why. This could lead to you struggling to attract top talent in the future.
The points covered here are really just the tip of the iceberg, they’ll hopefully give you plenty to think about. If you’re falling behind in any of these areas, or many of the others that aren’t mentioned here, the main thing to remember is that action is the only thing that will help you to remedy the problems. The sooner you decide that enough is enough, the better.
Now, for some good news! I’m donning my white coat and stethoscope this Spring and running two free HR Surgeries, in Oxford and London – just call me the People Doctor!!
I am taking Surgery bookings now, and with only a limited amount of appointments available I would urge you to bag your spot early.
So why not get your diary out, drop me a line, and book your free consultation now? It costs nothing and we can discuss whether your people matters need a shake up and what I can do to help you refocus on what you’re really passionate about – growing your business!