How Does Human Resources Contribute To An Organization And How Does Tower Three Partners Improve A Company’s Fortunes?
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business performance | business world | economic booms | business growth | Business Objectives
Why Does Tower Three Partners Consider HR Resources Valuable?
The role of human resources and its value to an organization has been debated for a while, with various HR roles such as processing payments being outsource to specialist organizations, and labor being outsourced to another part of the world. Some would argue that HR is not relevant as it once was used to be. However, HR plays a vital role in an organization’s success because it strengthens the link between two pivotal factors: People and productivity. Successful HR policies improve productivity, performance and profit levels. Leading equity investment firm, Tower Three Partners understands the importance of planning and implementing sound HR policies to improve business performance.
Tower Three Partners recognizes the importance of human resources because HR policies are responsible for seeking out, recruiting and maintaining the best possible talent for the company, while also ensuring that the firm does not suffer from lawsuits relating to wrongful termination lawsuits. Many companies tend to struggle with recruiting and retaining talent for their firm. This is because proper recruitment policies include excellent and thorough screening procedures and evaluations. HR requires extensive planning, which is why Tower Three Partners believes in extensive collaboration with companies within their portfolio.
How Can Tower Three Partners Improve Their Portfolio Company’s Fortunes
Tower Three Partners values excellence in all aspects of business, and the management of human resources is certainly no exception. Tower Three Partners forms pragmatic strategies, in conjunction with firms in their portfolio. Strategies formed with Tower Three Partners are designed to improve business performance, while HR is one area that Tower Three Partners considers when formulating business structural plans, it is by no means the only one. The equity investment company considers business operations, capital structure, financial restructuring, mergers and acquisitions.
Tower Three Partners has the manpower and expertise to ensure portfolio companies turn around their business fortunes, and improve their business performance. The equity investment firm is led by directors and managers who have decades of experience in the field of private equity investment. Some of the leading men in the firm, Bill Forrest, founder of Tower Three Partners have more than twenty five years of experience navigating this complex industry. Therefore, portfolio companies have any problems in getting the best out of their human resources, they can be assured that Tower Three Partners can turn their fortunes around.