As a business owner, have you ever felt like you were drowning in HR issues?
Does it feel like a mind field of procedures, practices and obligations and much more?
Small business forms the heart of the economy in Australia and many small businesses start with an inspiration to provide a service. As time progresses however, business owners become overloaded with many aspects of the business including Business Management, Marketing, Operations and HR. At this stage, it is essential for additional support for business owners in order to enable growth to occur.
This article shares some ideas you may like to consider in managing the HR aspects of your business.
Businesses go through various growth phases from when they first start and it is very important to be across the status of your business at all times. So, it is important to reflect on:
How long have you been working your business?
What is your vision for the business?
What stage is your business at i.e. Start up, mid range, mature?
How strong is your business in each of these areas i.e. clear vision, profitability, leadership, management systems, resources, the right people and marketing and sales
After this assessment, I am sure you can see that without the “right” organisational performance development, the growth and sustainability of your business can be at risk - evidenced by low profitability, poor performance, lost productivity, limited capacity for innovation, and missed opportunities. The absence of certain HR structures will inevitably lead to uncertainty, lack of clarity, unnecessary waste of time and money later down the line.
Establishing HR in “Your Small Business”
People provide an essential foundation for your business and having an engaged group of staff are revealed in better rates of retention (staff loyalty) and overall productivity improvements. It is worth the effort to introduce your own HR program to engage staff in the success of your small business. In establishing the HR aspects of your business you need to consider the following:
Policies and procedures
Employee Assistance Programs
Funded training and development
Recruitment and selection
OHS and work safe compliance
HR in Small Business Tips:
Your employees are the real power behind your business
Ensure you have employment contracts, job descriptions and
Build yourself tailored HR policies and procedures to give clarity
Induct everyone well – use an Employee Handbook at minimum
Avoid hiring mistakes that may cost your small business money
Educate yourself about your relationship to your employees
Use government funding to improve your employer / management skills
Measure performance in your business
If you would like support with managing the HR aspects of your business, Performance Advantage can assist you with that by optimising organisational performance through leadership and staff development. Please contact us.