New Year, Old Issues

As 2007 ramps up, so are many strategic plans for executives & business owners at small-medium sized companies. These strategic plans are often visionary, designed to further the missions of their organizations. These plans also address the many issues that impact profitability, employee productivity, talent acquisition & business efficiencies.

In our world of HR, the questions often asked during strategic planning are:

• How do we find talent to increase the financial stability of the company?
• As an executive, am I, or a key person in the company, doing administrative work on a regular basis? Is there a better, more productive way?
• How does our company handle significant increases in benefits costs every year? How do we cost contain one of our largest expenses?
• How compliant are we with labor laws? We sometimes think about being sued by employees? What's our game plan in case that happens?
  

Those issues are real, and don't go away. They can be addressed, though, by engaging the expertise of consultants or HR outsourcing firms. These professionals can be retained in a multitude of areas to determine compliance, provide employee benefits, training, worker's compensation, safety & payroll services. They can even help with the liability your company has as an employer.

It's not too late to add this critical piece to your 2007 Strategic Plan.

Here's To Your Success in 2007!