HR Potential supports clients through developing and implementing holistic cost reduction programmes aligned to business strategy and goals.
People are typically an organisations single biggest expense and the current economic climate increases the focus on ensuring this investment delivers value. HR Transformation focuses on a review of the way in which HR delivers its services to the business, targeting tangible cost savings whilst evaluating the capabilities and business benefits across each of the core service lines.
We focus on how HR can reduce its operating costs by prioritising HR activity that is critical to the business. This includes a review of both fixed and variable costs and a look at how core HR administration activities can be streamlined through a lean process review and optimised through the use of technology. We also look at the relationship with vendors including renegotiating existing contracts, consolidation, (eg: recruitment,) and outsourcing/off shoring.
We have experience of a wide range of service offerings designed to reduce costs whilst adding business value including: