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What Every Business Owner Needs To Know For The Third Quarter

Tiffany Boyes - Tuesday, July 18, 2017

What Every Business Owner Needs To Know For The Third Quarter

 

We’re almost exactly smack dab in the middle of the year, and now’s a great time to take a step back from the day-to-day running of your business and consider the bigger picture. It’s easy to get caught up with the issues going on right now on your shop floor, but good leaders know that regular strategic planning is essential.

 

Here, we’re going to tell you exactly what you need to know from an HR and people management perspective, so you can thrive and hit your annual goals.

You can still recommit to your objectives

 

When we’re several months into a year, it can feel like the writing is already on the wall. In fact, the goals that you set back in January can seem like a distant memory. Are they still driving your activities, or have they almost been forgotten about? Assess your progress so far, and rethink what needs to be done to make the year a huge success.

 

Your HR boxes need to be checked

 

We don’t like to talk about HR in terms of box checking. It’s deeper than that. When you get it right, it’s about driving your strategic objectives. It’s about nurturing the most valuable resource that you can ever have in business. It’s about adding real, tangible value to your bottom line. But we’re also realistic, and it’s true that there are boxes that have to be checked so you’re compliant with legislation and your duties as an employer. Consider whether all of your policies and procedures are up to date in light of legislative changes and schedule performance reviews. Also, arrange discussions with your managers to ensure they’re getting the support they need.

 

Now’s the time to start planning for Christmas

 

When the weather’s warm and summer holidays are the current topic of discussion, talking about Christmas almost seems unnatural. However, some forward planning can help to avoid a whole world of problems. If your business experiences a rush around the fourth quarter, then consider exactly how that will map out. Also, consider your practical people issues. You might experience an influx of leave requests, for example, and you need to be prepared for keeping up and keeping track.

 

If you’ve taken your eye off the ball and you feel like the year is just happening to you, rather than you taking control of what’s possible and what’s necessary, then we can help. We offer an array of HR services, and we can make sure that you’re in a position to make this year a resounding success for your business. Give us a call today to arrange your initial no-obligation consultation.

  …read more


 

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