How to organize human resources in a company

Adopting strategies that enable employees to carry out their duties in a way that contributes to the fulfilment of the objectives proposed by the management teams is the function of the Human Resources and People Management teams.

DIFFERENCES BETWEEN PEOPLE MANAGEMENT AND HUMAN RESOURCES

Although closely related, human resources management and people management do not have the same meaning. When we talk about Human Resources Management, we are talking about a more strategic area whose function is to unite employees and companies in a common goal. Thus, Human Resources focus on the development of people with the aim of promoting the best levels of productivity in view of the companies' needs.

In turn, People Management is closely linked to motivation and levels of commitment of employees to the company. We can understand People Management as the methodologies and tools that allow us to develop in employees the levels of motivation necessary for the best performance of their functions. Human Resources and People Management can be understood as two sides of the same coin, where one cannot live without the other.

BASIC PRINCIPLES OF PEOPLE MANAGEMENT

To meet the important challenge of humanizing companies, people management teams must consider the basic principles that will guide their actions.

• Motivation - Higher motivation leads to higher productivity. It is up to the technicians to adopt strategies and methodologies that allow controlling all the variables that may affect workers' motivational indexes.
• Communication - Communication problems negatively impact employees, contribute to a bad organizational climate and lead to demotivated teams. We must work towards promoting good internal communication.
• Leadership - Creating environments conducive to healthy leadership and identifying leadership profiles within teams is one of the fundamental pillars in people management. This capacity-building work involves redoubled attention not only to technical knowledge but also to the so-called sof t skills, which are so important in the task of leading and motivating teams.
• Skills Management - Knowing employees and working on their skills is indispensable to promote enthusiasm and productivity in teams. Talent development positively impacts employees and makes them stay in the company.
• Teamwork - Teamwork promotes the free circulation of ideas and cohesion among workers. This important tool contributes to the development of skills, bringing creativity and innovation to work teams. 

HOW TO IMPROVE PEOPLE MANAGEMENT IN YOUR COMPANY

Now that we have understood what the main pillars of people management are and how important they are in work teams, we leave you with some practical tips to improve people management in your company.

1. Use digital transformation as a tool 

Take advantage of the new tools available with great applicability in people management. Increase the productivity and motivation of teams, improve internal communication, better career plans, more autonomous work, and less human error, are some of the trade-offs.

• Improve internal communication

It is important that everyone feels heard and to reduce noise that can compromise the smooth running of teams. Promoting better communication within teams and between different company departments will be important to prevent conflicts and ensure that everyone is aligned with the goal.

• Implementing performance evaluation programs

Signaling and anticipating production problems, in a periodic way, allows correcting problems that may arise. This is also a good way to adjust salaries and work reward systems within teams.

• Continuous training plans

Adequate, implemented, and fostered training of workers over time and in an appropriate way will make everyone feel able to see their growth and their value.

• Career development

If you want to reduce turnover within companies, this is a great way to achieve this. Employee mobility within the various sectors of the company is something that is beneficial not only for the employees but also for the companies.

• Promote employer branding

Let your employees be the true ambassadors of your company. There is no better strategy to work on a brand than through the testimonies of those who live that reality daily.

• Work on the organizational culture

Work on the organizational culture within your company so that your values are genuinely shared by everyone. It is only possible to strive for the same objective when there is sharing in the fulfilment of a set of norms and ways of acting.

If you want to lead a work team to its best level these are some of the points that you cannot neglect. The most important? Always bear in mind that people who are valued and understood will always be more committed and motivated in their day-to-day work. 
If you are looking for employees for your company with skills within the Finance and Accounting area know that Fed Finance can help you throughout the recruitment and selection process. Trust us with your recruitment!