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Invest in Human Resources, grow your business!

Invest in Human Resources, grow your business!

Employment & HR

Shweta Ojha

Shweta Ojha

6 Jun 2017, 08:30 — 2 min read

Robert Siegel said “If you think of HR as the notion of the chief people officer, in many respects it’s probably the most important function in a company”. Entrepreneurs who understand this and put a Human Resources framework in place build a positive culture in the organisation succeed. It is essential to have an HR framework at this early stage to attract and retain the right talent.

 

Key HR processes that SME/Startup need to focus on are: 

1. Identifying and recruiting the right group of talent.

2. Creating appropriate job descriptions to attract suitable talent

3. Compensation structures 

4. Dividing job roles/responsibilities within the company as it grows

5. Ensuring ongoing constructive communication among team members 

 

For many SMEs, especially those that are starting out, HR services are a luxury that are more often than not foregone. It is understandable if a small organisation does not wish to have a dedicated HR team. But in such a case, outsourcing HR services provides an alternative which is not only reasonable but provides the right platform for organisations to grow.

Also, in light of budget constraints, outsourcing HR becomes a more realistic solution to SMEs in need of HR services. 

 

To explore business opportunities, link with me by clicking on the 'Invite' button on my eBiz Card.

 

Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the views, official policy or position of GlobalLinker.  

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Shweta Ojha

I am an adventure seeker, evolving into a career women from being a Homemaker. Academically, I am a Banking and Business Finance Professional, with PGDCA qualifications, and...

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