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Date posted: 16th March 2021
There finally feels as though there is a light at the end of the tunnel. Both professionally and personally, the last 12 months have been incredibly challenging with lots of enforced changes reshaping the way that we do things.
But thanks to the truly unbelievable sacrifice of our NHS and key workers, it looks as though brighter times are just around the corner.
So with that being said, it is now time for business managers, founders, owners and those alike to start thinking about the process of getting their teams back to work on a permanent basis. In doing so, it is important to recognise what challenges they are going to face as well as how they can overcome them.
There is no denying that business across the world will be returning to a vastly different marketplace with the inevitable recession that will follow and the shift in consumer demands and behaviours which, of course, will result in different obstacles.
Nevertheless, we believe that companies that implement strong HR practices, will be in a far better position to not just survive, but thrive in a post-Covid world.
“Invisible, unwritten contracts”
According to Warwick Business School, companies that have implemented comprehensive and extensive HR management practices will be in the best position possible to thrive in the professional world as we begin to emerge from the Covid pandemic.
The study suggests that senior members of a company that have forged an ‘invisible, unwritten contract’ with their staff will be able to rely on their team to pull together and deliver excellent performances both individually and collectively during difficult economic times.
The unwritten contract is forged out of respect, trust and compassion. Businesses that show their team that they care and have their back through strong HR implementation create an invisible agreement that during tough times, the team will try their utmost to help the business prevail.
Revising the vision
It goes without saying that the landscape of each sector and market has been altered by the coronavirus pandemic and for thousands of businesses, the original vision may need to change and improve.
Whilst HR might not spring to mind, we believe that it is the perfect starting point for businesses to reassess their objectives and goals. Businesses will need to become agile, flexible and transferable very quickly and strong HR implementation can influence that.
Human Resources is arguably the best position to oversee the entire process. A clear focus and viewpoint on coordination, communication and collaboration across the whole team. HR can also facilitate dialogues that will inspire reinvention whilst also making sure new ideas and operations are realistically managed and potential bottlenecks are identified early on.
Ultimately, all the challenges and uncertainty that each business will face, will also spark a new wave of creativity and delivery. A prolific HR foundation will put your business in a great position to be part of the brand new business wave and not get left behind.
Whilst we are aware that every senior person in business is ‘in the same boat’ in terms of dealing with unprecedented changes and uncertainty, we also recognise that no two businesses are the same and each set of difficulties and challenges are ultimately unique to a particular business.
That’s why our award-winning team of HR experts are here to help your business after Covid. Whether that is to circle back and recover from financial hardship or whether it is to capitalise on new opportunities and facilitate a fresh wave of growth.
Discover what Kingswood Group can do for your businesses by visiting our website and contacting us for a FREE consultation, here: https://kingswoodgroup.org/
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