Barry Flack’s Post

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Portfolio HR Services - Fractional | Interim | Board Advisor | HR Tech Advisor | AI Coach | Mentor | Instructional Designer | Content writer | Speaker

Hey new #CEO, I know you’re busy and I know you have a lot on your plate. You’ve got investors prioritising growth, a product or service to fit a market and a bootstrapped budget to keep the machine lean. Hiring expertise around you to scale, whilst you wear a variety of hats, requires careful consideration. Ah, the HR resource decision? You convince yourself you need more revenue in and as a new business leader, you’ll risk the wait and manage it (people of course!!) on the side of your desk. Then comes the tsunami - difficult hiring, conflict resolution, collective needs of the growing team, upskilling demands and you haven’t even considered the intentional systemic people strategies that will define your unique culture here! Need that resource now but the budget suggests that you can only afford an inexperienced HR resource to manage the chaos but can’t afford the one that will allow you to also be intentional in the way your organisation works and scales. Just stop there! You have choices. Firstly, don’t just do that thing (slavishly follow the old template of hiring the mid-range permanent HR resource). Instead, more & more enlightened SMEs are considering the value of hiring a #fractionalhr resource instead. Why? Glad you asked. Here’s 6 reasons to begin with: 💷 Cost Management: Fractional HR provides a cost-effective solution. You get top-tier HR expertise without the expense of a full-time resource and the associated salary, bonus, benefits, and company overheads. Hire part-time and on-demand, retained and always in a way that fits both your budget and context. 🧠 Access to Specialized Expertise: #FractionalHR offers CEOs access to specialized, experienced HR with enough expertise in all people areas. 🤸♂️ Flexibility and Scalability: You can adjust the level of support based on organisational demand, whether it's rapid growth, restructuring, or specific HR projects. This scalability aligns resources with the company's requirements, maximizing efficiency and effectiveness. And anyway, your 40-hour week resource is harking after a 4-day week! 🕛 Timesaving: #CEOs have numerous hats to wear. Fractionals save valuable time by taking care of HR tasks, allowing them to focus on strategic initiatives and core business operations. 📓 Compliance and Risk Management: Employment law is continually evolving, making compliance a complex and time-consuming task. Fractionals stay up to date with legal requirements, ensuring that organisations remain compliant. 🤫 Objectivity and Confidentiality: Fractionals bring an unbiased perspective to all HR matters. Objectively assessing organisational challenges, provide feedback, and implement strategies for constant improvement. Additionally, they maintain confidentiality, allowing employees to voice concerns or seek guidance without fear of reprisal. What you waiting for? Want to hear more? Drop me a DM and let's talk. #ceoinsights #culture #sme #startupgrowth #fractionalhr

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