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We can help you with the key financials of your operation, advising on how a growth plan could be funded and how it could affect the long-term financial position of your company.
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At AIMS we are here to help your business succeed with professional advice as you need it.
HOW DOES INVESTMENT IN PEOPLE IMPACT BUSINESS GROWTH? AND WHAT WOULD YOU PRIORITISE IN RELATION TO PERSONAL DEVELOPMENT?
LAURA KEARSLEY Partner & solicitor in employment law at Nelsons
Investment in people should be viewed as essential to business growth. Prioritising individual progression and showing how much your employees are valued is a great tool for establishing a positive workplace culture, which in turn brings a wealth of benefits including employee retention and more effective recruitment.
Personal development is invaluable to achieve the ideal balance between improved technical expertise alongside softer skills, such as management, business development or networking. These attributes also boost business culture, helping people to feel confident in all areas of their work and giving them the drive and enthusiasm to progress. Businesses investing in employee development should also, if possible, allow people to pursue specific interests or passions they may have, again strengthening loyalty and encouraging a broader skill set.
While it may seem as though investment should be solely focused on business deals or assets, success cannot happen without the solid foundation of well-supported teams.
An upskilled, more confident workforce, collaborating in a positive and supportive culture will ultimately lead to business growth in all areas.
DARREN JONES
Founder and people director at Instinct HR
Having a robust and balanced employee value proposition is a critical element of any businesses people strategy. It ensures the best people are retained and attracted, which in turn reduces turnover and training costs, and promotes colleague and client satisfaction.
Investing in people will promote a culture of learning and innovation, improve productivity, and promote a positive company culture. All great elements for a positive employer brand. Investing in management and leadership development will help to get the best from the company’s decision-makers, which is key for driving growth and leading the business through challenging times.
In turn, leaders who are at their best will help their team to thrive and be at their best. A decent performance plan should include at least one personal development objective to help that person not only grow and develop to deliver their current performance objectives, but to enable them to develop for their future career choices.
My own current development focus is to refresh my learning of a highly effective results-based thinking framework so I can help my clients achieve better results for their business, whilst being the right kind of HR partner and coach to lead their people strategy.