Managing and developing employees

Using your HR management plan and compensation plan, establish the everyday operating policies and procedures that will underlie your HR operations.

Training and development are vital to all businesses, especially small organizations. Experienced, competent people contribute to both productivity and profitability.

People management calls for the entrepreneur to develop and communicate a clear vision and direction of the company to all employees.

Careful recruitment offers the best way to avoid the costly process of dealing with problem employees. Sometimes, however, despite your best efforts, things can go wrong.

Review of performance is an ongoing process, but managers should also schedule a formal process of review to examine performance in relation to set expectations.

Planning for management succession is something that small business owners too often neglect.

Methods of conducting training and development vary. Each has certain advantages and disadvantages. Choose what best fits your company’s needs and circumstances.