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Why HR is NEVER a cost center!
Manage episode 393590381 series 3012095
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In today's episode, we spoke about how HR and People Ops are often mistakenly mislabeled as a business cost center. This simply means, “You cost us money, you don’t bring in money.”
But hold up – let's dive deeper, shall we?
Sure, sales, marketing, and engineering get all the glory for their direct link to revenue. Closing deals, engaging customers, running those flashy marketing campaigns—yeah, they're the stars. But, don't overlook the unsung heroes!
This episode explains why HR is the Ultimate profit center, and how to reframe to your CEO how to buy into this thinking!
HR's got a pivotal role in staffing, motivating, and keeping those superstar teams thriving. And guess what? Investing in HR isn't just a feel-good move—it's a money-maker! Picture this: tools for an epic employee experience, top-notch coaching for managers, educational events, and savvy consultants. That's the secret sauce to a company's financial triumph. So, join us as we unravel the power of investing in HR—because trust me, it's a game-changer!
Key topics:
- Invest in a training manager and train your managers!
- How maintaining HR provides additional profit
- How to get your manager to value HR
- Why is HR so important to the company culture and growth
Resources mentioned:
- HR post on LinkedIn: https://www.linkedin.com/feed/update/urn:li:activity:7137867382345134080/
- The no. 1 way to drive engagement!: https://youtu.be/p6Dq-HziBAQ?feature=sharedhttps://youtu.be/p6Dq-HziBAQ?feature=shared
- Confronting CEO objections to surveys: https://youtu.be/ucbUi75E4wg?feature=shared
- How to deal with question overload: https://youtu.be/Kj7z0rIsOX4?feature=shared
- Survey Strategy basics: https://youtu.be/h0UcEVvasCg?feature=shared
Join my community, Engagement Academy! https://www.linkedin.com/groups/14306857/
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P.S. If you're reading this, message me on LinkedIn and tell me your thoughts on this episode!
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