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HR WASTE REDUCTION STRATEGY:TRAINING COURSES

 This week, my Content is very short because I am just going to list Training Courses an HR Professional should undertake to contribute meaningful to the company's profitability by reducing other waste and not staff through redundancy.

It is correct to say that an absolute majority of HR Professionals lack the capacity to read and understand a balance sheet. From my personal experience, to avoid being a disabled HR Professional, you should attend the under listed training courses. They are:-

1. Finance For Non-Finance Managers.

2. MBO - Management By Objectives.

3. TQM - Total Quality Management.

4. ERP - Enterprise Resources Planning.

5. Six Sigma

6. Lean Analysis.

7. TPM - Total Productive Maintenance.

I can tell you for free that when you are grounded on all the above, no Finance Professional will sell you a dummy of cutting staff training budget and staff reduction through redundancy as a means of reducing waste thereby increasing company profitability.

Two examples will suffice:-

Firstly,  When we deployed TQM in one factory I worked, we saved 45% raw material wastage.

Secondly, In another factory, the deployment of TPM raised the factory profitability by N167,000,000.00.

Next week, our Content shall be on demystifying of staff salary secrecy.

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