How Your HR Team Can Help Achieve Business Goals

Categories: Advice for Doing Business in the Philippines, Advice for HR Professionals, Advice for Start-ups and Entrepreneurs

How Your HR Team Can Help Achieve Business Goals
Human resources professionals are more than just headhunters who tap on skilled and talented candidates year-round. They’re also responsible for retaining top employees as well as devising strategies and activities to unify your organization and realize your vision.

Inviting your HR team during the planning stages can help guarantee that your objectives are being supported with appropriate programs and regulations. Let’s take a look at the different ways your human resource team can help you achieve your business goals.

1. Aligning the organization’s mission and vision

Often, business leaders and employees fail to dance in tune with the company’s core principles, culture, and mission-vision, because they’re too focused on increasing profit, acquiring more clients, improving the processes, and hitting targets.   

Your human resource team or recruitment agency can help your company communicate its vision and values through leadership team discussions, employee onboarding and training programs, and other organizational initiatives. They can also help realign your employees with the company culture, especially at times when it your core values seem like an afterthought.

HR holds a significant role in reigniting these organizational values and principles within the company, most notably during corporate restructuring or when new strategic plans are implemented.

2. Keeping company culture in check

A great company culture in itself attracts potential candidates and keeps existing employees satisfied. Employees are more likely to enjoy their time at work and become more productive when they sit well with the company culture.

Human resource leaders keenly observe how the culture affects all employees and take necessary steps to ensure that the culture remains positive. And since company culture evolves as different generations join the organization and as the business grows, your HR team should regularly assess everyone’s expectations and work practices.

As changes happen, HR professionals must ensure that the current culture and values resonate with the employees and the mission-vision. If it no longer does, they can implement new programs to reshape the culture and boost employee morale.

3. Translating goals to manpower requirements

If you plan to scale up or expand your business, it’s best to discuss this with your HR team now so they can help plan for the appropriate changes. Naturally, you will need additional manpower. Having the right people in the right position is crucial to your overall success. Your HR team will use effective sourcing strategies to discover top talents and hire the perfect candidate.

They’ll also see to it that your goals, budget, and revenue can justify expansion, ultimately ensuring that your plans are feasible from the start.

The same process applies if you plan to scale down. Your HR team should be informed ahead of time so they can start preparing for restructuring or organizational shifts.

4. Measuring results

It’s HR’s responsibility to the work performance of employees to track the overall productivity and efficiency of the company.   

Human resource specialists can, in turn, use these KPI results to improve employee evaluation strategies and come up with incentive programs to encourage workers to exceed goals and expectations. This can also help them propose changes in the workplace or department processes in response to employee concerns.

5. Enhancing employee development

More than looking for qualified candidates, the HR team is responsible for executing capability assessments, career pathing, and succession planning. Furthermore, your HR team facilitates onboarding and training programs so both existing employees and new hires are better equipped. Improving employee skills can boost individual and organizational accomplishment, which can drive your company closer to achieving and even surpassing your business goals. They also play a significant part in bolstering employee satisfaction and engagement, which is vital in shaping a productive workforce.

With today’s candidate-driven job market, job seekers prefer to work in a collaborative and team-oriented environment. Establishing a healthy work environment that’s desirable for employees and employers alike boosts the organization’s chances of attracting and retaining these top talents.

6. Handling compliance management

Human resource managers take care of dispute resolutions and labor relations within a company. They make sure that the company leaders are familiar with employee and labor relations, such as employee rights and responsibilities, employment contracts, compensation and benefits, and equal opportunity requirements.

The human resources team is well-versed with strict compliance management to help the company avoid any lawsuits and liabilities when conflict arises between employees and employers.

7. Conserving costs and quality control

HR professionals also help your business manage expenses and keep it sustainable when rolling out compensation packages, employee assistance programs, training programs, and employee perks and benefits. They’re also responsible for identifying costs and assessing the risks of your project goals. Your HR team works to ensure your company doesn’t go overboard with budget allocation for your projects while keeping its success in check.

Summing it up

Involving your HR team or looping in your recruitment agency in your annual business planning can help you create and execute systems to nurture your workforce and drive your business to success.

At the end of the day, your company’s primary assets are your people. An excellent human resource team that keeps the entire organization engaged with its brand and passionate about its success can ultimately help your business reach the top faster.