Low hanging fruit to immediately turn HR into a profit center
There is wasted money in HR - you know that!
Want some help finding it?
Why is money laying around in HR?
- HR people are not financial
- They don't spend alot of time planning
- Efficiency and effectiveness are not descriptive of HR
- They don't feel organizationaly responsible for Revenues or Profits
People Profits case study: Four companies in four vertical industries had their HR departments turned into Profit Centers. Planning, efficiency, effectiveness, ROI, revenues and profits became words that we heard in these departments but seldom heard in most HR departments. These HR departments became relevant and aligned to their organizations.
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