Why the Human Resources Management department is having a Negative impact on business Performance

Modern human resources department represents the interests of the overall mission of the business aligned with the needs of individual employees. Depending on the size and scope of a company, an HRM department can perform a variety of roles and responsibilities. For a small business, a dedicated HRM specialist may cover all HRM functions, while in bigger companies, specialized departments will handle hiring, benefits, employee development and other processes.  In recent years, the role of HRM has expanded as companies recognize that it’s cost-effective to invest in employee development and retention. Better-trained and happier employees are more productive, and innovative. But has the HRM department overstepped its’ mandate? In this show, join Gus Theoulis and Stephen Armstrong as they discuss this.

 

Guest Bio: Gus Theoulis, President and CEO of Intricco Controls and Automation Ltd. and LT Global Trade Ltd. Gus is a Professional Engineering Technologist with over 26 years of experience in electrical controls and IT management, and his company designs, produces, programs, and implements electrical control systems for industries like automotive, HVAC, defense, and nuclear. Having worked globally in over a dozen countries, Gus brings a wealth of technical and managerial expertise, including a unique perspective as a senior manager both before and after introducing HR into the workplace. Over 15 years of running his own business, Gus has collaborated with many senior managers, gaining valuable insights into leadership and organizational dynamic.