How can I play offense with my greatest asset?
Bags of Money!!
What makes People Profits unique is that we have a money making focus - experts in Human Capital with a CEO-CFO mindset. Most HR departments focus more on compliance and employee relations. Both being very worthy issues; however, the C-Suites are much more concerned about Bags of MoneyTM then compliance.
Complex issues
What it takes to solve them
A German born electrical engineer Charles Steinmetz’s genius and inventions played a major role in making General Electric the industrial power it is today. Once, after he had retired, GE called him to help locate a malfunction in a system of complex machinery.
The never ending process of making it better
Measure and Align!
After the Human Capital Strategies, Plans and Tactics are agreed upon the implemented – it will be clear that some things are simply not working. Other things are not working well and others are doing better then expected. At that point, we need to measure and align what we are doing.
Your Strategies and Plans and how everything affects them!!
The numerous factors affecting your Strategies and Plans
In my last blog I discussed how your Vision, Mission and Values affect your Human Capital Element Strategies and Plans. The graphic below shows the many general sources of inputs that will also affect them. This is when it gets very complicated and how the Strategies and Plans can easily start conflicting with each other. This will cost you money!!
Survey says......!! CFO and HR are not on the same page
Relational versus Return on Investment HR professionals
The following paragraph is from my first blog several months ago. The next three paragraphs are taken from a Society HR Management article that I read recently. The relationship between the two will be quite obvious.
Building custom Human Capital element Strategies and Plans
Formulating a Strategy and Plan for each of the seven elements of a Human Capital
Integrating a Human Capital Strategy and Plan with the Business Plan
Strategies and Plans for the Human Capital elements
Formulating a Strategy and Plan for each of the seven elements of a Human Capital
The integration of the seven elements of a Human Capital Strategy and Plan - Part 3
The incredible cost when Human Capital Elements conflict!
Last week we looked at the importance of integrating the Human Capital elements and the result of any conflicts. I concluded my blog with the following example: “The most obvious example of this is a badly conceived “Attract” strategy. It affects every other element in a negative way.”
Seven elements of Human Capital Strategy - Part 2
Human Capital Elements and how we can make them work together!
In the second blog we demonstrated the negative results from not having a Company Human Capital Strategy and Plan. Last week we introduced a short description of the seven elements of a Human Capital Strategy and Plan. Each element requires a strategy and plan. What are the goals and how will that element be accomplished?