How do you value your people?

The relentless pressure on finances is putting a serious strain on all aspects of business.  The slow, painful and uncertain crawl out of the longest downturn in living memory means there is less money available to invest in improvements and yet, there is an ongoing demand from staff to increase salaries as they feel the pinch in their personal lives.  But what are your staff and Managers really worth?  How do you go about estimating their value; their contribution to your success?

A Lethal Combination

There is still a lot of talk in HR circles about how the bonus culture that got the banks into a financial crisis is still alive and well.  But there is another aspect to motivation that no one has mentioned.  It lies beneath the surface and could even be damaging your organisation, business or team. 

Are you sacrificing your relationships?

The quality of your results is determined by the quality of your relationships. From customers and clients to staff and suppliers, if you don’t maintain good relationships your results will suffer.  In fact, good relationships are no longer enough.  As pressure and competition rise we need excellent relationships.  This will become even more important if we want to take advantage of the tender green shoots of recovery.