It is very difficult to employ outstanding staff and retain them. Now is a good time to review your human resources policies. Successful business operators articulate the vision that they have for the business to their team members. This involves communication and leadership from the employer so as to encourage teamwork. It is people who create the difference and give a business a competitive edge! The better your team are trained; motivated and rewarded (in most situations), the better your organisation will perform.
All businesses compete in a very competitive environment. Therefore, the ongoing investment in people is a crucial key characteristic of a successful business. As part of the planning process, now is a good time to review the systems that have been implemented relating to:
- job rotation;
- formal training and development of team members;
- induction of new team members;
- professional development;
- team appraisals;
- constructive feedback;
- listening to team members;
- flexible working hours; and
- ensuring that there is some fun in the work place.
If you would like some assistance with the implementation of team appraisals, team inductions or other aspects of your human resources strategies, please do not hesitate to contact us.
There is one rule for industrialists and that is… “make the best quality goods possible at the lowest cost possible, paying the highest wages possible” ~ Henry Ford
Article by Christie Lewis
Christie is Practice Manager at Alan Lewis Accountants . Besides accounting, her passion is for all things small business (and blogging, of course). You can contact Christie directly at christie@lewistaxation.com.au.
Christie has written 799 awesome articles for us at Alan Lewis Accountants – BLOG
Twitter: @christielewis
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