About Time

Connie Laughlin

Business basics can be time-consuming, distracting, and burdened with the potential for error and lack vital cost containment!
Human capital strategic planning is imperative for an efficient operation and asset protection.
You spent countless hours building financial success and it could all be taken away if you didn’t dedicate time to employee related risk management? If you’re too busy right now to appropriately address these tactical issues you must hire others to take care of it.
FACE IT – THERE’S NEVER ENOUGH TIME FOR SOME THINGS!
Business owners I contact these days are extremely busy! Businesses are experiencing an upswing in production, as our community continues to grow.  Everyone is wrapped up with one thing or another in the ever-changing landscape of competitive maneuvering, vendor or client contract modifications, market direction, employer worksite laws, safety requirements, employer sponsored benefits, to technological advances.  However, if there wasn’t enough time spent garnering tactical plans of action addressing your biggest asset and most important objective first – your employees - you could find you’ve got a real mess on your hands. But, how can you take care of your employees when you’re knee deep in learning new mechanical processes to enhance production?
don’t have the time? hire pro’s!
The human resource side a business is a full time position for multiple highly credentialed individuals. Here’s a good question – if you’re not well trained in these areas and you hire professionals how do you know their expertise is up-to-par to develop efficient payroll solutions, implement full blown human resource initiatives, oversee worksite labor laws and safety programs, and effectively manage any workers’ compensation insurance claims?
Your employees are an extension of you and your company. They’re the ones that carry forward your mission and, yes indeed, are your largest asset! You have a lot riding on the line every morning when you open the doors. How well personnel do their job is based on your due diligence now! Your people can delight you with their accomplishments and they can also be devastating to the bottom line if you’re not running effective personnel supervision and risk management programs.
Risk management (per Wikipedia) is the identification, assessment, and prioritization of risks. Principles of risk management should be an integral part of organizational processes, part of decision making process, explicitly address uncertainty and assumptions, be systematic and structured, be based on the best available information, take human factors into account, and be continually or periodically re-assessed.
Human capital management via the PEO (professional employer organization) outsourcing model has been proven effective and is an option well worth the short amount of time it takes to receive a quote.  PEO services streamline your organization providing the administration of payroll, human resources, safety, workers’ compensation insurance, and optional health benefits. Cash is king! But, it takes a knightly team to win the fight and, of course, stellar risk management to ensure your reign.
Donna Fenn, a veteran Inc. editor and the author of Upstarts says, "It's that laser focus on the process – not obsession with the end goal – that ultimately leads to success. Great entrepreneurs understand this intuitively."
Proverbs 10:4 Poor is he who works with a negligent hand, but the hand of the diligent makes rich.
 
Connie Laughlin, a business consultant for UniqueHR. Where you’ll find reduced employee related liability, low and predictable labor cost with streamlined highly accredited and credentialed services. You may contact Connie at (361) 852-6392 or at conniel@uniquehr.com.