Tips to Deal with the Crisis of a Business
Author: Clay Hillary
Focus on ROI and not only in cost
There is already a method to measure the ROI of human capital (Roich). This indicator answers the question: what is the profitability of each dollar invested in the development agenda? Its formula is: ROI in a given period {} = [Net income for the program / total cost of the program] X 100.
When presented with the possibility of implementing a program to develop human capital and we ask our opinion, resist the temptation to value only the item cost and better visualicémoslo as an investment. This will make a recession even see it useful to invest in the medium and long term in our people.
Focus on strengths more than weaknesses.
This is another point that goes against popular belief. It has always been handled that we are weak points of our people to strengthen them and that is how many programs are designed staff development.
However, studies indicate that there is a real learning is much easier, rewarding and above all fast, if we reinforce what the person is capable rather than be handled professionally for the unprepared. This is contrary to what is done today that will put a person in a certain position and then attempt to strengthen weak points are inherently difficult to be corrected.
Education and educate yourself
The word education in one of its forms means to direct, guide, indoctrinate and other means to refine, sharpen the senses. The most important thing: do not push others to be educated if we are not the example, this is more effective than speech.