HR metrics is a vital to measure the effectiveness of HR Initiatives. They help • Quantify the cost and the impact of employee programs and HR processes • Company to track year-to year-trends and changes in these critical variables. • Make the connection between the value of HR initiatives and its impact on business. Having HR metrics is first & a critical step and obtaining relevant data is another. However deriving a compelling story as to what the data means in relation to the business strategy is just as crucial. Based on corporate culture, organizational values and strategic business goals & objectives, Human Capital measures indicate the health of the organization. "If you can't measure it, you can't improve it" - Peter Drucker
30 Jun 2017, 13:08
Hiring for a startup is harder than raising money Today startups are defined by not only how they are approaching towards their business goals but also how they react in worse business scenarios. Its Human resource which not only matters in good times of startup but also it defines the organization in bad times. Smarter the talent you got in an industry, tougher is to attract such talent towards a start-up. Rivals in such a scenario is not only the big MNCs where your prospective talent can find a lucrative job but also a possible opportunity for prospective hires to start their own ventures. Another issue apart from the fierce form of competition for talent is that if the start-up fails to attract good talent in the business industry, it will eventually fails to sustain its long term business strategy due to lack of investment. So, it can be easily interpreted that now a days, finding a compatible talent for a startup is not an option but a crucial step for running its business successfully. As truly mentioned by Naval Ravikant of Venture Hack- “Hiring for a startup is harder than raising money”.
16 Jun 2017, 17:31
India & Germany partnered to mutually benefit startups from these two countries and foster startup culture. Apart from ease of funding and potential synergies, what do you think this will mean for Indian startups - more opportunities or consolidation among existing firms? Interesting read: https://t.globallinker.com/Z1tv5
5 Jun 2017, 11:56
3 days ago