Human Resources function in a Business

HR 101 for StartUps  January 28, 2013 – 02:31 pm

What does a founder need to know about HR?  

When chasing your dream leads you to opening your own business, you have a wealth of issues to deal with.  You’ll have to become an expert in operations, marketing, finance, tax law, real estate, motivation, sales and a host of other concerns.  The Human Resources function is usually not on the list, though it can derail your new enterprise as quickly as any of the others.  There are complexities that must be understood and addressed if you are to be successful, and the time you are able to commit may not be enough to handle the work of HR.  And, in many cases, that’s ok.

Does a start-up with five employees need to spend a great deal of time working on their annual review process?   Is there a need to create a training plan for each employee, or tie it back to succession planning?   Will you lose sleep over the fact that, deep down, you aren’t really sure if your job descriptions are accurate?   Probably not.  But don’t be fooled into thinking you can ignore the HR function across the board.  While the profession is responsible to get the most out of people, it is also very often the function that keeps the company out of court and the officers out of jail.

Source: Lean HR

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