As
the pressures of the global marketplace bear down on business, downsizing,
outsourcing and offshore labor strategies are being wielded in every
direction as leaders strive to maximize the bottom-line.
As far as they go, these can be effective
ways to optimize expense-to-profit ratios. For awhile. In some situations.
In some markets.
But
wherever
business processes and profits rely on the creative application
of human intelligence or person-to-person customer care ...
strategies that rely primarily on workforce reduction to
lower expenses quickly reach a point of diminishing returns.
There's
only so small an organization can get before its human capital becomes
too thin to compete, too automated to innovate, too remote to respond
with care
and too busy to connect effectively with customers.
Then
what do you do to feed the bottom-line?
If you're looking for
a way to grow the value of your people and the value of your
business at the same time, the following information is for
you.
You really DON'T have
to keep robbing your human capital to build the bottom-line. All
you need to grow your human assets AND achieve your business goals
are some simple metrics and some coaching support for your managers
as they practice using them.
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"We were having difficulties
in a critical area with hiring people that fit and then forming
a cohesive team that worked together well. Meri helped us
tighten up our job specs, brought in some metrics, helped
us evaluate existing employees and model some new jobs we
needed to add. Then she helped us hire the right types of
people to fill the positions and got them in synch with some
team-building and communication work.
The
result: people have a much-improved understanding of each
other. They're getting much more done with a lot less trauma
than before. Her help has been of great value."
-
Jim Oliver, General Manager
Texas
Windstorm Insurance Association |
Could Your Managers Use a
FRESH Approach to Resource Management?
Is your organization stalling
out in this rapidly changing global economy? Many organizations
have cut all they can and still need to better manage and
motivate the people the business can't do without. Fortunately,
all that most organizations need is some real data that shows you
the natural strengths of the human resources you've invested in
and the ways current management strategies are either growing -
or depleting - their value.
So,
be honest. When was the last time you made a baseline
valuation of your human capital? What tools are your managers
using to measure the effects of current management strategies
on their people's performance? Without data-based answers
to these questions, how can you ask your managers to account for
the way they're managing your CONSIDERABLE investment in human capital?
And, if you're not asking for this kind of accountability, WHY NOT?
You wouldn't attempt to manage your financial or material assets
without real-world data, would you?
Since 1991, Between
the Lines has made rapid, thorough inventories of our clients'
human capital and then coached key managers as they learn to apply
some simple tools that help them keep their
people fully engaged -- and growing. Even as they push them
to work harder to meet the business goals.
Our Teams That
Work process now offers clients easy, instant, web-based
access to the best - and fastest -natural strengths inventory
and job modeling processes in the world. The tools have
a 25-year track record. And - more importantly - our specialty application
of them is earning an international track record of success.
Over
the last five years, research has shown that until managers inventory
and rationally allocate and manage their people resources, they
systematically waste from 20% to 80% of available energy, time,
and PROFITS trying to meet the business goals in ways
that simply can't support sustained
success.
Can you afford to keep
throwing away from 20-80% of the dollars you're investing month
after month in human capital?
How
is that impacting your bottom line?
| Our
TeamsThatWork experience gave our Utilities leadership team
a common language to discuss issues and challenges we face
and raised our individual and team awareness of our natural
strengths and opportunities for improvement.
Meri's
focus on solutions instead of problems is the most basic -
and most powerful - thing I've learned. And the most enjoyable.
The result has been improved relationships within our team
and with other work groups.
The greatest gift for me has been the team's greater awareness
and appreciation for the possibilities that exist by improving
relationships and communication. I'm grateful for Meri's guidance
and leadership throughout the process.
-
Jim Riley, Director for Utilities
Texas A&M University |
The Facts of Life in a Free Agent Economy
Certainly, human beings
are adaptable creatures. We can do almost anything to survive.
But when we're not
working from their natural strengths, we can't be successful.
And, if people can't be successful with you, they'll disengage and
freeload, get sick, and drain your resources. Then they'll go somewhere
they CAN be successful.
In a free agent economy, these are just the facts of life.
If you've already reduced
your payroll to the people you can't do business without,
when they leave, you take A BIG HIT, don't you? Often you lose part
of your business. Then, if that isn't bad enough, the costs of hiring
someone new take A BIG BITE out of quarterly profits. To add insult
to injury, if your hiring processes don't exactly run like clockwork,
the costs get even greater. (And, if your hiring processes
don't run like clockwork, don't feel like the Lone Ranger. Curiously,
many organizations' hiring practices seriously leak profits.)
In
fact, early in 2004, the Gartner Group reported that the average
American business is now spending over 36% of annual revenues
on the people side of the business.
How much are YOU spending?
IMPORTANT TRUTHS
In this global information economy, if your organization
isn't at least
1) modeling new
and changing jobs you're creating and
2) making an annual inventory of your human capital
you're essentially navigating
your business growth without a compass.
Sure, it's exciting
to blaze your own trail! Thats part of the thrill of small
business...but, in case you haven't added up the cost of these
adventures, the average American business is spending around
ONE THIRD of its annual revenues on these "discoveries."
How much is it costing your business? Wouldn't you rather
take that much in PROFITS? Or use it to reinvest and grow
the business?
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No enterprise can remain
viable for long without annual inventories of its financial and
material resources. Without measurements, you can't gauge profits
or the growth (or decline) of the value of assets. Right?
What is it costing
you NOT to manage your people resources the same way??
Real-World Talent Management
Lots of organizations
have some set up some kind of annual performance review process
and tied it to merit raises. But unless you're linking your performance
reviews to accurate annual measurements of your people's strengths
and stressors, your managers have no baseline they can use to judge
- the growth (or compression) of your people's strengths OR
- the effectiveness of their management strategies -- i.e., the
ways they're using people to achieve the business goals.
Think about it.
Unless you tie together recruitment, hiring, performance management
and compensation into one simple but integrated system, how can
you honestly measure the effectiveness of your managers' "asset
management" strategies? If you have no data to
show you whether your people are thriving - or just surviving -
how can you evaluate the impact of management decisions on your
COSTLY investment in your "portfolio of human assets?"
This isn't rocket science!
It's simple 21st century management science. The money you
spend on talent acquisition and retention - and the rest of the
revenues you spend on the people side of the business - is a crucial
factor in the long-term success of any enterprise based on processing
and exchanging information.
Teams That Work
Management Science for the 21st Century
Organizations
can no longer afford to pay people for simple loyalty. The people
on your payroll have to produce value. And lots of it.
Likewise, people can no
longer afford to work for your organization if managers aren't optimizing
and leveraging their natural strengths. As business has cut the
fat from benefits programs, many of the incentives that kept people
in situations where they were suffering have been deleted from the
employment bargain. Now, if people can't grow their strengths working
for you, they have to go somewhere they can.
We developed our Teams
That Work process to help everyone get the win they expect
in this volatile global economy. When organizations link their business
strategy to a simple, sensible job modeling process and a systematic
talent acquisition and on-boarding strategy, all parties - employers
and employees - can leverage their natural strengths to get more
of what they want most!
Our proven, transferable
tools and processes provide the most cost-effective approach to
human resource management on the planet.
In fact, we guarantee if you buy from our competitors, you'll pay
more and receive far less!
Are you ready to take
a look at a new way to maximize your return on the dollars you're
investing month after month in the people side of your business?
If so, we'd like to
talk to you this week. The sooner we make an inventory
of your human capita, they sooner we equip your managers to rationally
leverage the human assets you're expecting them to manage. And
the sooner your people will be positioned to apply their talents
to achieving the business goals in ways that work for them for the
long haul.
No Matter WHAT Happens to
the Economy
You CAN grow the value
of your people and your business at the same time. You really don't
have to keep trading one value for the other. All you need
to start are some simple metrics.
To get the ball rolling
this week, pick up the phone and call Meri Aaron Walker at (512)
491-0027. Or email us at info@btlines.com.
You'll be glad you did!
The Teams That Work Guarantee
Over the next twelve months, as your managers apply the measurements
we'll supply them and the processes they'll learn from Teams
That Work training/coaching, they will -- at the
very least -- double the value they paid for the work.
This means that your Teams That Work contract
will not only have PAID FOR ITSELF, but the inventory process
will have generated a free bonus for the company as
well.
And, we're so sure that Teams That
Work will do this for your organization that
if it doesn't happen, we'll pay you twice
what you paid us for the work. That's right! If you
don't receive at least double the value of your investment,
we'll double it for you! So, with NOTHING to lose
and a TRUCKLOAD of success to gain
why not pick up
the phone and give us a try TODAY?
Call
(512) 491-0027.
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