This TIP is provided by Joe Chimera, founder of Your Network 4 Success. Our mission is to help businesses and people g r O W AND Pro$per!
TIP # 31 – EFFECTIVE HUMAN RESOURCE MANAGEMENT
CONSIDER THIS: Your small business has expanded more rapidly than even you had imagined or hoped for. Now you are finding that managing the employees you have hired has become a full-time job. You want to know how to cope most effectively.
Effective human resource management is like having a full-time job. At this point in your business development, effective human resource management has become extremely important, if not more important than effective marketing or financial management.
As a business builder one of your major responsibilities is to have a clear vision of where your business is going and how it will get there. Once you have this clear vision, your next major task is to communicate your vision effectively to your supporting cast and to help each person understand how their vision of their future will be enhanced by helping you grow your business.
In other words, your skills, talents, and experience should be used to manage “growth,”. This responsibility, however, is where many owner/managers have trouble.
Often owners of high growth business fail to understand that their role in managing growth is a new responsibility. Since you cannot do everything yourself, it is necessary to delegate some of your previous responsibilities to make room for this new one.
As an owner, you must constantly ask, “What is the best use of my time right now if this business is going to achieve its goals?”
The answer is that any job that is no longer the best use of your time should be delegated. Once you fully utilize this concept you will realize that it is one of the most powerful tools you can use.
To delegate effectively requires the ability to:
- Know what goals and better yet what end result you want to accomplish.
- Communicate your goals and end results effectively to others.
- Find effective ways for each employee to become committed to those goals.
- Monitor the process of of your delegation without being too intrusive or interfering.
- Encourage questions from your employees without creating fear ridicule threat or being made to feel inadequate.
- Provide useful advice that will cause your goals to be achieved as you desire instead of causing resentment on their part.
- Create the expectation that this is a learning opportunity and that as success for smaller jobs is attained that more responsibility and money will follow as your business grows and prospers.
So find effective ways to transfer the use of your skills, talents, and experience from managing the business to managing “growth”. It will payoff handsomely in the end.
Your Network 4 Success is pleased to have brought you this business tip. For a transcript of this tip or more information, visit our web-site Network4Success.com. For greater in depth business information, watch our TV program Takin’ Care of Business at 7:00 pm on Wed. Nights or 7:00 am Fri mornings on FREE TV, WBXZ-TV Channel 56.1. Our goal is to deliver at least one bottom line/profit producing idea you can implement immediately! What is the value of one bottomline idea worth to you? $50? Have we accomplished our goal? Please let us know.
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