HR 365: Maximizing the Strategic Value of HR by Breaking Free of Annual Processes - Sponsored Whitepaper

Ask most any CEO what is the most important asset in their company and the answer you will get 90% of the time is “our people”. But if this is the case, wouldn’t managing that most valuable asset be the most important agenda item for management? In fact, shouldn’t maximizing the efficiency and performance of employees be on the top of the daily to do list of every member of the company?

The summation of the members of any organization can be viewed as a human machine or human system, just like an assembly line or financial model is a physical machine or financial system. All of them have inputs and outputs and a level of efficiency in what is the amount of raw materials needed to create the final product.

That being said, how can CFOs and COOs to walk away from their processes for ten months out of the year? That’s exactly what some companies do with their employees. Set their goals at the beginning of the year and then ignore them and hope things go well until performance evaluation at the end of the year. During which time engagement falters, priorities change, external business pressures shift and issues arise that stonewall progress. And how do organizations address this broken process?