Bags of Money - Part two
The Cost of Turnover
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!!
