Categories: Human Capital

Human Capital Management: Generating an Effective HR Strategy in 2021

An investment in Human Capital Management can help commercial businesses provide their employees with an effective HR strategy.

Human Capital Management has had to navigate more curveballs in 2020 and in early 2021 than ever before. The implementation of stay-at-home orders, social distancing measures, and businesses navigating the complexities of COVID-19 has produced a work-environment unlike any our society has seen before. An investment in Human Capital Management can help commercial enterprises provide their employees with an effective HR strategy to ensure their success and their employee’s overall well-being. Here’s how. 

Human Capital Management and Working from Home

Regardless of whether your employees are working from home or commuting into the office and working in a socially distanced environment, Human Capital Management is essential to navigate COVID-19. As society shifts from traditional office settings daily and into working from home, Human Capital Management needs to incorporate practical work from home policies to communicate what’s expected of employees. Lewis-Price & Associates works with skilled program managers to effectively provide commercial businesses with unequalled support tailored around your budget restrictions.

Diversity and Leadership Development

A strong leadership development program is another effective strategy to consider incorporating into your business through Human Capital Management. A leadership development program can help provide junior employees with support from senior staff and diversify your departments through many talent pools. A diverse working environment with leadership roles can help employees feel supported while preparing them for future roles with more responsibilities. 

Virtually Onboarding New Hires

Despite continued vaccine rollouts, companies will likely continue to allow employees to work from home. While many companies had to learn how to virtually onboard new hires throughout 2020, Human Capital Management can help provide a basis of expectations through the written rule of the virtual hiring and onboarding process. This can help welcome new hires on board and effectively integrate them into your company seamlessly.

About Lewis-Price & Associates Inc.

Lewis-Price & Associates, Inc., is a fast-growing mission solutions company supporting federal agencies through premiere training, program management and IT services. Serving federal agencies across the government spectrum, from defense to civilian, we ensure the success of ongoing federal agency operations through effective curriculum development, professional coaching, program management, and administrative and technical services. Lewis-Price is committed to providing high quality, effective and on-time solutions to partners and customers through a team that values integrity, intention and excellence in everything we do. Learn about how we can bring our unique approach to success to your organization today at lewisprice.com, and please follow us on LinkedIn, Facebook, and Twitter.

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