Anyone running a company in today’s business world can confidently say that making money is their ultimate goal – after all, how will an organization stay in the market without revenue?

What managers seem to forget though, is that without a strong workforce, achieving this goal is close to impossible. To ensure success, companies need to optimize on their most valuable resource – people.

Over the years, Human Resource Management has endured quite an evolution. What began as a traditional system that encouraged close employee monitoring has now turned into more of a “talent management” system. The formation of unions, legislation about employee rights as well as an increased general appreciation for staff has led to more a hands-off management approach. Micromanaging is becoming a thing of the past; the focus is instead on empowering individuals to work productively.

In order to fully appreciate how much employees contribute to their company, organizations should intertwine employee satisfaction into their core objectives. Managers should provide encouragement and praise to workers, and maintain strong relationships between levels of the company.

Furthermore, steps should be taken by managers to accurately monitor and analyze the workforce.

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