The reality is businesses will often put a lot of energy into the first step, the recruitment process, and then hope that the rest will fall into place. However, just as every business needs good financial practices, clear customer processes and a sound technical platform, relevant HR processes and practices are integral to business success.
Good people practices such as robust feedback mechanisms, remuneration and benefit strategies, career development, succession planning, managing performance, and clear performance indicators, can make the difference between a poor or high performing business.