Managing your organizations human capital can be a challenging process. In many cases it is difficult for internal professionals to step out-of-the-box and assess their workforce requirements. Appreciative Strategies provides consultation services designed to help you or your organization take a fresh look at your human capital. Two very popular human capital concerns are the hiring process and right-sizing your workforce, read more below:
Hiring Process
Depending on demographic and economic conditions sometimes finding the right person for the job can be challenging. When considering your hiring needs, do you know what you really need? Do you have updated and validated job descriptions? Have you performed a job task analysis or developed a competency model?
Hiring mistakes can be very costly, be sure you know what performance qualities you need before the hiring process begins.
Right Sizing
Are you making the correct choices as it relates to human capital? Many organizations are being faced with challenging human resource decisions, in part because of weak economic conditions here in the United States. Unfortunately many business owners and managers find themselves aggressively engaged in “right-sizing,” a term made popular during the late 1980’s and early 1990’s. Often this term has been used to describe human capital needs aligned with revenue or profitability.
While there are many different ways to pursue economic lay-offs, these decisions and choices are never easy. Organizations need to focus on the strategic objectives and be very honest about the organizations direction. As difficult as it may be, if you are faced with these tough choices you need to focus on what is the best choice for both short and long-term survival. Often when discussing these situations many business owners and managers will quickly divert into external factors, such as the employee’s personal situation, family size, and medical conditions. As sensitive human beings we feel the pain and sorrow associated with such difficult decisions, but the reality is that we need to make choices which allow for the survival of the organization.
