January: New year, new
challenges, time to get back to business and start creating your 2016
success story.
It's a month that can present
business owners with sudden hiccups as well as great opportunities. To help you
hit the ground running, here are some important considerations for you to
factor into your thinking over the next couple of weeks, to make sure you're
really prepared for the challenges that the month will bring. These are your
January-critical questions:
How
can you wake everyone up again?
Head off that post-holiday slump by
re-energising your workforce – and yourself – as soon as you have everyone back
at work in the New Year. Some tips:
·
Start with yourself. If you can project yourself with
extra energy and confidence no matter how you feel inside, it will be
infectious. Being the boss means you have the responsibility of kick-starting
the year by communicating the next set of targets – in such a way that your
employees see and believe they are achievable, and buy into them.
·
The New Year’s resolution approach motivates because it helps
people to disconnect from past failures and promotes a big-picture view of
life. Simply by giving yourself a fresh start to things, you give yourself a
fresh burst of energy. So encourage those around you to identify how they
can make a fresh start so things are better in the future - and don’t forget to
lead by example!
·
Celebrate business successes. You might be raring to go
towards those new targets, but before you move on, take time to review last
year’s successes with everyone. Employees like to be valued and given recognition
for their commitment and hard work– often some basic acknowledgement is all it
takes.
Can
you harness that fresh start feeling to improve profits?
How can you harness that fresh start
feeling to give the business a real boost? Could you roll out new projects
that you’ve had on the back burner for a little while? Or maybe there are easy
wins you haven’t yet tapped into, that could have a fantastic impact?
The freshness of a new year can work
to your advantage in getting the ball rolling again after what may have been a
sluggish or stressful holiday season. Sometimes, clean slate and new goals
(either for the company or an individual employee) can be powerful motivators. This
is the time when many people are eager to get stuck into new challenges and
make fresh resolutions for the future, and it makes sense to embrace this
energy as a manager.
It’s a good time to set some attainable goals to remind your workforce how good it feels to accomplish tasks and tick off a to-do list.
Your employees might be keen to
develop their skills, and savvy managers know that this needs to be harnessed. Just
asking each person simple questions like “where do you want to be one year from
now?” or "where could we most improve our service to customers?" can
get people motivated and looking at the bigger picture.
Are
your staff looking for another job?
It's very likely that at least some
of them will be - many people find themselves thinking about a job change at
this time of year. If they’ve been stagnating for a while or they feel
unappreciated and unchallenged, January is the peak time of year when people
decide to do something about it.
Making sure that your employees are
happy in their roles is important. If they decide to leave for pastures new, it
can create serious problems.
·
What’s
the current climate amongst your workers? Are they happy and engaged? And how
do you know?
·
Are
there any external factors that could have an impact on retention, such as new
businesses opening in the area?
·
Do
you have contingency plans in place so productivity won’t take a hit if someone
does leave?
This would be a good time to put
more focus on developing your staff and encouraging them to take on new,
value-adding tasks and challenges. Career development is an excellent way of
retaining good people.
If people are starting to look
outside your business for better conditions and pay, work out your plan of
action. Head off the possibility of being forced into offering a salary
increase just because one of your good people gets a higher offer elsewhere.
Are
you ready for legislative changes?
Employment law is changing all the
time: staying on top of it keeps your practices up-to-date, and helps you to
create a business with a strong reputation when it comes to handling and
developing its workforce.
We can help you to pinpoint any new
legislation that will apply to your business, and start planning your approach
to make sure you will be compliant. You may need to update your policies, and
organise consultation and communication with your staff.
First off will be the introduction
of the National Living Wage on 1st April (more
here). Several other developments are in the pipeline that will have an
impact on your policies over the next 12 months: more here key employment law changes
for 2016.
If 2016 could be
the year when you decide to get help with ensuring that your business is geared
up for a successful year – also retaining your best people and fully compliant
with legal responsibilities - we’re there for you. Get in touch today on 07884
475303 or enquiries@thehr.co.uk for an initial consultation.
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