However you define business value, ‘people’ are the biggest drivers of it.
Your commercial goals might centre around market share… business sale value… exit value… market leadership… being the best… customer satisfaction… extractable profits and lifestyle.
Whichever it is, the people in your organisation need to be geared towards that commercial strategy. That might include head hunting, training, compliance measures, employee engagement, fractional HR staff at the top table translating commercial strategy into people strategy. It’s horses for courses, we design a package that is specific to your needs.
Here we list the typical outputs reported after a Foxton Wren project.
You can see how each of the outputs correlate with BUSINESS VALUE
Employee-board level link
Commercial objectives effectively translated through to each job function/employee
Accessed leading services and systems
Typically only available to FTSE 500
Became an employer of choice
Attracting and retaining better staff
Staff research and engagement
Via specialist third party software
Improved employee benefits
Time released for the executive team
Increased payroll efficiency with a reduced cost
Reduced employee turnover
Training and recruitment costs reduced
Increased employee productivity
Measurable improvement to customer satisfaction
Reduced churn rate in their driver population from 57% to 35% over the past 6 months
Improved Employee Engagement score by 25% over the last 12 months
Gave senior management approximately 23 hours a week back to them
Provided integrated HR, Payroll and T&A platform which has improved compliance audit scores by 18% (HMRC, CQC etc)
Delivered an employment structure that protected them from a catastrophic business event
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