If you manage your own SME, it is a must to manage your human capital well. This is meant not only to enhance productivity of the employees but also of all your other resources. Setting up the right hierarchy and organizing for better productivity are the keys.
So you appoint managers and team leaders to ensure management of employees. Employees need to grow with the organization. The thrust should be on a result-oriented approach for a strategic and comprehensive utilization of resources.
Realize Their Potential
It is crucial for a leader to realize the potential of employees because it is essential to keep in mind their ability before assigning any work to them. If you make the wrong person work on a task that is not commensurate with his ability and interest then it would lead to lesser output. It is important to analyze the strengths and weaknesses of employees to generate better results. For the success of an organization, it is also significant to delegate responsibilities with a lot of thought. You should monitor the performance of the workers in a particular area and decide the future course of action. This would lead to a proper utilization of resources and result in higher turnover for the company. You should also encourage employees to do better as this would inculcate a positive working environment. A simple word of encouragement will instill them with enthusiasm and make them work even harder. This kind of motivation can really work wonders for the growth of a company. If you make an employee work in his field of interest then he would work with more commitment and dedication.
Maintain Friendly Relations
The relationship between employees and their leader should be friendly. A leader should keep interacting with the workers to be aware of their problems and difficulties. It is possible to channelize human resources in the best possible manner only if the workers are satisfied. Maintaining good relations with the employees help to make the working environment healthy. It is important to respect the employees’ decisions and be supportive. Allow them to take up challenges – this would polish their skills and help in their growth. There should be no communication gap between the employees and the employer. In the workplace, teamwork is always effective and reaps rich results in the long run. Proper channeling of resources makes the company prosper. You can tap the hidden potential of the each employee by proper management.
Set Practical Goals
Giving the right direction to employees’ skills would undoubtedly increase the output. You must set practical goals for the employees and guide them whenever they need help so that they do not refrain from approaching you. This approach promotes employee retention, employee involvement and employee engagement. Discover the untapped potential of the employees and give them an opportunity to present their ideas. They should be involved in the decision making process which falls under employee empowerment. This enhances their confidence and self esteem driving them to take responsibility. A trained and efficient work force is really an asset for the organization and helps to achieve long term goals. A result oriented approach is always an effective medium for the success of a firm.
So let’s work out on human resources, the lifeline of every organization.
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