A Business Shifts to Top Gear When Luck Meets Opportunity

Posted by jeenniwill on April 11th, 2017

The most difficult area in almost any organization is handled by workforce management consultants. It is what can be referred to as the right people with right skills meeting and joining a organization to then get to the right place in the right time. The HR and Finance team have many a healthy conflict and many more discussions to bring about an efficient allocation of the work force. The HR of the organization have the last say in whether or not the workforce is being allocated efficiently. It sounds simple that the Human Resource team will set the basic tenets for the workforce and frame the laws of job creation. But workforce management is much more complicated than just how many employees will work in every unit. The human resources team is the most important in an organization because it has to first correctly and in depth understand the business processes of the company it represents and then understand how much value addition is being done by each of these processes.

Now let's see how labor modeling and labor management consultants can aid work force management and work force planning in your company. Although it's an common practice to fire people when sales are not as expected but this also means that the company is majorly undervaluing its people. None other than the Harvard group suggests that when the company hires people to fill the right places then that company gets unexpected profits because of maybe a cleaner store or a more organized back office. A good labor model in place gives instances of surprising benefits to the company because of strategically hiring staff. Once again the right people being in the right place at the right time comes into play when talking about the research of McKinsey and Company which says that re allocating labor instead of reducing labor helps and allows your business to meet customers demand with proper supply all this without negatively affecting customer service and employees.

Retail consulting deals with customer attitudes and threats from competition and works for the success of the company in alignment with workforce consulting and labor management consults. The four Ps of getting it right in the retail arena are production, price, place and promotion. These Ps talk about whether you are making the product the customers want and if yes then at what price. The third P stands for place which means whether the retailer and consumer are using the same location or channel and finally the question is whether the product is being promoted right.


jeenniwill

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jeenniwill
Joined: May 4th, 2016
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