In the resources of an enterprise, human resources are what create and orient the development of the enterprise, while finance is only a means to help the enterprise achieve the goals it has set. Especially, for small and medium enterprises, the quality of the staff is crucial to the success of the business. Employees are the factors that create productivity and efficiency, helping to improve the quality of business operations. It is the human factor that creates productivity and efficiency, which improves the quality of the whole business.
Any business when making a business strategy must set specific goals to be able to evaluate its business performance. There are many ways to define business strategies and they are evaluated through metrics of how production, marketing, financial goals are coordinated and executed, etc. This is mostly done by the company's employees. However, many businesses often fail to consider the link between business strategy and HR strategy, plans and implementation.
We all must realize that managing people will be more difficult than managing machines. Each employee has their own advantages and disadvantages, and their work handling and working capacity are not the same. Therefore, in order to successfully accomplish the goals of the corporate strategy, managers need to come up with training plans so that the staff has enough skills to carry out the goals.
In addition, the recruitment strategy also needs to be based on the corporate strategy. For example, a business that is applying a differentiation strategy will need new factors and talent to make a difference. Therefore, businesses are forced to expand their human resources and at the same time have to come up with solutions to keep the talents at their businesses.