Profit, loss, streamlining, efficiencies, meeting deadlines, and being the leader in the industry are often the main focuses for organizations. How can a business stay afloat if cash flow is down? How can a business survive, if they aren’t a main player in their industry?
While those are very important aspects to keep in the forefront of the business, it is not what will ensure business success. Human capital is extremely important. Without a strong workforce that is in line with the mission, values, and goals of the organization, the company will not be as successful and often find themselves less profitable.
Having the right tools in place to determine the company culture, to determine the skills and abilities needed, to determine the motivators, and to determine employee engagement will quickly add value to any organization.
A company doesn’t necessarily need a human resource department, but can a car last with dirty oil?