The Strategic Management Journal finds that firms with high turnover significantly under perform their rivals. Specifically, human capital selection (education requirements and screening), development through training, and deployment significantly improves performance.
Leading organizations understand the value in managing their Human Capital. They realize that a quality workforce is essential to business sustainability.
The key to sustainable human capital management is to align business sustainability with the needs of the employee.
1. Employee Learning: Focus on facilitating sustainability learning for employee development.
2. Employee Engagement: Encourage employee discussion about business direction.
3. Work Balance: Stage the implementation of sustainability concepts into core business process at a rate that is manageable for your workforce.
4. Employee Ownership: Promote ownership in business sustainability and overall company success.
5. Personal Performance: Engage workforce by incorporating sustainability targets as part of your personal performance metrics.
6. Personal Development Plan: Have employees incorporate sustainability concepts in their personal development plan.
7. Empowerment: Encourage employees to identify and address opportunities to make significant sustainable change in the current operation of the company.
8. Business Alignment: Provide guidance on ways to link business value and sustainability in all work activities and projects.
9. Knowledge Sharing: Facilitate and reward the sharing of sustainability knowledge and innovative ideas.
Once organizations consider what other businesses have achieved through maintaining a sustainable and knowledgeable workforce, they can better appreciate their own opportunities for improved human capital management.
At Taiga Company, we offer small business resources structured to promote and leverage employee eco awareness for the benefit of the company.
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