You’ve heard it stated that a straight line is the shortest distance between two points.
Consider this concept as you address HR issues in your business with the ultimate goal of improving your bottom line. At Drake Canada, we believe in partnering with our clients in providing customized solutions to solve specific business issues.
Our operating philosophy is based on the principle that organizations achieve the highest level of performance when they are staffed with the right people, working with the right skills, knowledge, and behaviors, using the best processes and technology-driven solutions, over an extended period of time.
Between 30% and 70% of your company's costs are direct labor costs. Given that you're making such a significant investment in your human capital, are you taking the right steps to increase the return you're getting on that investment?
How do you get the highest possible ROI on your human capital? Experience shows us that this is the secret formula for success.
In order to address your profit problem, it's helpful to first step back and view your organization as a whole with an HR audit, then drill down into the key processes that are responsible for the output of your human capital.
Consider these three Human Capital processes:
Even small improvements across each phase of the processes will have a compounding effect or exponential impact on your company's bottom line. To assist you, we have created a robust suite of Talent Management Solutions and Technologies that will do just that. We can handle all or part of your HR needs - driving organizational effectiveness and business improvement.
The Drake portfolio of solutions include:
Our Goal - is your revenue growth and profit improvement.
Our Measure of Success - is how much we contribute to delivering measurable results on a variety
of human capital measurements such as:
It’s all about People – Productivity - Performance
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