Your human resources department plays a key role in ensuring your business operates at its fullest potential. In addition to staffing candidates for key organizational roles, the department must continue to improve upon operational efficiency and empowering employees to contribute to the business’s growth strategy. Put simply, the role HR plays is no easy feat, yet it can have a huge impact on whether your business sinks or swims.
READ MORE HR as the Jumping Point for Increased Operational Efficiency
“Companies with 50 or fewer employees rarely have a formal human resources department; instead, duties from recruiting to benefits administration are scattered among of [sic] colleagues—an accounting manager might manage a payroll vendor while mid-level employees write job listings, and a manager makes key hires,” writes Christine Lagorio-Chafkin, a senior writer at Inc. As you can see, managing human resources ad hoc isn’t out of the norm. Yet this process does run the potential of becoming inefficient, especially if your business is on the verge of growing.
READ MORE Wearing Too Many Hats? How to Divvy Up HR Responsibilities
Time management is often one of the most difficult skills to master, regardless of your role. When you’re tasked with managing a staff and organizing the functions of a business, however, you not only have to manage your time, but you must also ensure that your team has access to the resources it needs in order to deliver quality products and services in a timely fashion. This, of course, is especially trying for management experiencing the early stages of business growth, as it is expected to do more with fewer resources.
READ MORE Effective Time Management for Human Resources
If one thing is still for certain in this shifting business landscape, it’s that organizations continue to face uncertainty when it comes to human resources compliance. In addition to the daunting regulations with which your organization must comply, HR is also tasked with numerous responsibilities, such as aligning HR functions with an organization’s business growth strategy. As you can see, managing this multifaceted department is no easy feat, which is why HR professionals are often under pressure to wear multiple hats, often at the same time.
READ MORE The 3 Most Common Human Resources Compliance Issues
It’s no stretch to say that gaining momentum and market share is a clear sign of business growth. In today’s competitive business environment, however, it’s what you do with those early signs of growth that can determine where your business will be in the future and if that success will continue. In order to drive that business initiative you will need the right team to support your venture. While human resources alone does not drive business growth, it is an influential component for supporting and sustaining that growth.
READ MORE How to Use HR to Support Business Growth Strategy
In an article featured in Information Week entitled “Why You Need A SaaS Strategy,” Michael Biddick writes: “Amid the lofty aspirations, few have noticed just how powerful and grounded a force software as a service has become. The impact that SaaS will have on [today’s] organizations is profound, and as business technology leaders, we need to ensure that our companies are ready for it.” As a human resources manager, you may already be using a SaaS-based architecture in some way, such as payroll administration, but did you know that there are a variety of ways to leverage a platform to grow your business?
READ MORE Growing HR Leadership Utilizing a SaaS-Based Architecture