Does your company have issues with manpower, HR, or workforce? Do you feel the need to step back and reassess the situation? If you are considering making major changes to your business, especially when it involves your people, take note of the following:
You Don’t Meet Goals – An obvious need for reassessment is when your company is straying from the mission and vision. This doesn’t mean that there’s something bad going on, but it can create conflict with the brand’s recognisability, including how employees and managers are kept or treated.
People are Leaving – It is much more costly to train new employees than to keep old ones. Attitude is everything in the success of a business and that includes management and worker positions. If people become unhappy from within, your company will eventually experience the backlash. Better to deal with the existing HR problems before you start hiring new people who will most likely feel the same dissatisfaction as the veterans.
Clients are Reneging – A huge telltale sign of poor business growth is the dissatisfaction of clients. Like your people, business partners are influenced by your company’s ability to keep up with change. If client contracts start dying out, check the market trends and inspect your functions from within.
Hiring Isn’t Efficient – Oftentimes, it’s the hiring process that can determine the effectiveness of a team. If you notice that there’s a big gap between skill and performance of new hires and existing employees in your NZ business, Quinn Recruitment recommends hiring third-party hiring companies or recruitment agencies that are aware of certain changes that you might not recognise. Make sure that they will hire without bias due to your existing conflicts.
Change can sometimes be difficult to accept, especially if the need is due to internal struggle. However, it is in the interest of the company and all people involved that you deal with it immediately. Don’t hesitate to bring up these signals in your next meeting to apply changes needed to solve the situation.