Investment in HR is 'necessary for success'

Date: 12/08/2009

There still needs to be more investment in a company's human resources (HR) department, otherwise things could turn from bad to worse in the current economic climate, it has been asserted.

Ashley Ward, the founder of the European Leadership Programme (ELP), announced the results of a recent poll which found that only five per cent of staff believe that human resources are vital to survival, such as the knowledge they can pass on.

Yet without a firm emphasis on this facet of an organisation, businesses will likely not realise the importance of them until the department stops working, dragging productivity down.

Highlighting the importance of team building conferences, Mr Ward continued: "Organisations need to keep investing in HR. Your team may not recognise the role that HR plays within the company every day but they do realise when it's lacking and their motivation wanes."

His comments follow those made by Maureen Moriarty in the Puget Sound Business Journal, who emphasised the need for team building in the current economic climate as the climate necessitates more working as a group to one goal. ADNFCR-2060-ID-19309703-ADNFCR

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Investment in HR is 'necessary for success'

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