New Year Resolutions
We are well and truly on the other side of the New Year now and 2017 has certainly started full of promise for an exciting year ahead.
New Year is a great time for reflection to look back over the year that has been, - the highs and lows and then to look forward and plan for the year ahead with the challenges it will inevitably bring. Most of us have good intentions for the upcoming year coupled with a few resolutions that last until the end of February. You may set New Year resolutions for ‘yourself’ but have you also set goals for your business and team? A colleague of mine once noted three important New Year’s resolutions – Business Fitness, less consumption through applying a sustainable business approach – recycle, reuse and reduce and thirdly tackling the big issues in your business (something we all love to avoid!).
Perhaps as we approach this year which will most likely involve some business growth and expansion for many, it’s timely to consider a fourth resolution regarding the human resource systems and processes within your business. The people you employ are either going to be your biggest asset or possibly your biggest liability. Ensuring your HR systems and procedures are in place for the new year, will lead you to start as you mean to carry on, enabling your business to focus on the bigger issues. For example, do you have up to date position descriptions, employment agreements and house rules? Do you keep accurate and up to date staff files? Do you conduct regular reviews with your staff and are they up to date? Do you have policies that need to be updated or reviewed? Are your individual staff and team targets in place for 2017 and have you caught up with them individually to note their personal goals for the year? Do you ever ask your staff for feedback on their position, the team and the company? Knowing where your staff and team are at, and how they are working together can help you to build a more cohesive work environment for the future of which will ultimately be more productive and profitable.
Having your human resource framework in place will make it easier to manage your staff now and in the longer term and enable you to focus on the bigger picture. So often we come across businesses who have grown quickly, although struggled to keep up with the basic processes and requirements for managing their staff, which can often lead to staff dissatisfaction down the track, hinder growth, as well as having compliance issues.
The beginning of the year when many businesses are looking ahead at hiring staff – one of your new year goals could be to ensure your internal paperwork and systems are in order, which will enable you to concentrate on 2017 as a growth year, a profitable year and one in which you can take advantage of the high calibre candidates on offer who will add value to your business.