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How can HR increase revenues? Part 2

Tue, 03/03/2015 - 11:03
How can HR increase revenues? Part 2
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People Profits is redefining HR - by rejecting the mindset that created HR. We assist our clients by injecting fundamental business and financial principles into the HR function - which transforms HR from a COST center into a PROFIT center. Our expertise is based on developing a Human Capital Strategy and implementing our proprietary systems and processes that will increase the value of your greatest asset and your BOTTOM LINE.

The Journal Record profile of People Profits 

 

"Seriously, HR can't increase revenue"

- Conventional wisdom 


People Profits has been fighting this belief for years.
HR CAN and has a DUTY to increase revenues in 3 ways.

  
Last week we discussed - GETTING CONTROL of your people issues.
  1. Develop a RECRUITING STRATEGY.
  2. Develop a RETENTION STRATEGY. 
  3. Develop an ENGAGEMENT STRATEGY.
  4. Develop INVESTMENT and DEPLOYING STRATEGIES. 
While establishing control the SECOND WAVE of REVENUE will show itself.
 
If you can RECOGNIZE and CAPTURE it.    
  1. An HR expert focused on BUSINESS results will find new revenues.
    • Case study: A service company saw DRAMATIC revenue increases due to THINKING OUTSIDE the TYPICAL HR BOX.   
  2. Better people create HIGHER PRODUCTIVITY = REVENUES.
    • Case study: A manufacturer saw a REVENUE/PROFIT increase when the employee standard was raised and maintained.   
  3. Retention will increase revenues. People do business WITH PEOPLE.
    • Case study: A manufacturer saw customer satisfaction and referrals within one account led to revenues tripling.    
  4. Engagement will create a desire to find additional REVENUES/PROFITS.
    • Case studies: An industrial service company saw their newly engaged employees seek out new Revenue/Profit opportunities.
  5. Investment and deploying will increase VALUE and TEAM WORK.
    • Case study: A service company saw cross training and professional certifications led to higher Revenues, Profits, Productivity. 
So, if you would like to capture your lost revenues:
 
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Request a no cost - no hassle consultation now.


We look forward to talking with you!         Website: http://peopleprofits.com/

Cell: 405-508-1059                                  Email: Clark.Ingram@PeopleProfits.com
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