Strategic planning of HR

I went to a talk this evening in conjunction with my Plato team and speaking was Gerry Rooney Managing Director of Polaris HR Ltd. Gotta say i was really impressed by him and some of his idea’s really got me thinking, i’ll definately be revisiting the My strategic plans tomorrow.

One of the points i liked is to consider hiring new staff the same as any other investment. They need to create a ROI of at least 3/4 their investment after a reasonable introduction period. If you make an investment in staff and its just not working out, then you should revisit if you would make the same investment knowing what you now know. Sounds harsh at first but really is it fair to hold on to a staff when effectively what your doing is keeping them from reaching their full potential else where??

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