KEEPING YOU INFORMED
Some Thoughts from the World of HR
As a small business owner, budgeting for Christmas gifts can be challenging. There’s the Christmas party, potentially slow cash flow during January to think about and (in some industries) the burden of leave loading to get your head and budget around. However, after working hard during the year, the team deserves some recognition.
ife is so much more rewarding and fun when you are working as part of a team that is successful and achieving the desired outcomes. Let’s face it; no one wants to be a failure. We all want to do well and be a part of something successful – that’s just human nature. So why is it such a challenge to create high performing team at work?
As you scan the to-do list, you realise that one of you is just not enough. Sometimes, when business is booming, rather than being able to kick back and relax, the trusted systems you’ve built start letting you down and the team start to grumble. You’re so busy that the idea of more business is as close to madness as you want to get.
When you first dreamt of your business, was it always just you against the world? Was it the solo super business hero without his faithful sidekick or did your plan to include a team of people like Batman and Robin or the Avengers team to share to load, the dream and the success? Thinking of moving from soloist to micro business? We’re here to help. Those dreams can feel like the distant childhood imaginings once you’re locked in soloist mode.
You know the saying, you’ve probably even said it yourself “Good employees are your greatest asset!” So recruiting and retaining the right people is critical to your business success. So what’s the secret to employee retention? Is it the free food and drink once a year at the annual Christmas party? Or is there something more?
Creating a family-friendly work environment used to have managers in a panic about sky-rocketing costs and worried about service levels, but it doesn’t have to be that way. Family-friendly can be a win-win situation in SMEs.
Einstein is often credited with the quote: “The definition of insanity is doing the same thing over and over again and expecting different results”. I love this quote. Why? If like me, you are back at work you are probably taking some time to think about and set some goals for your business and personally for the New Year. Maybe you are making some important decisions about where to focus going forward.
While working with my 6 year old daughter who was writing something for school, she reminded me that it is always helpful to go back to the 5Ws. We all know them: the Who, What, Where, When and Why you are doing something. With this re-learning fresh in my mind I decided to write the 5Ws of Impact HR. It is such an easy and concise way of thinking about your business.
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