Bookkeeping For GTA Inc.

Spend less time balancing your books, and more time reading one.

Human Resources

Working with the H.R. Department

note padOutsource your bookkeeping.

Have your books looked after by professionals. Use only the services you need. Flexible and reliable service provided.

filing cabinetSpend less time doing your books & be happy.

Instead of spending your time dealing with deadlines and bookkeeping, spend more time doing what you enjoy.

Most small to medium size companies do not have the need or the desire to have a human resources department. However, all companies from time to time have the need for the skills of a human resources professional. We have the skills which you need, that are affordable and professional. The results that you will achieve are focused on creating more time for you to concentrate on your core business.

Recruitment

  • How to hire the best in all areas from fit to performance…a poor hire is costly to all stakeholders, from your team, to your reputation...(read more)

Training & Development

  • How to support your team in having the skills they require to provide you with the competitive advantage you need

Employee relations

  • How to make certain you have an engaged team that is operating in a healthy productive environment

Performance review or appraisals

  • How to write and provide performance reviews that will motivate, identify gaps in performance using quantifiable data, and to build a plan for improvement

Terminations

  • How to handle downsizing, restructures and terminations for cause, this skill assists you in your reputation and helps avoid costly legal action

Change Manage

  • How you and your team can acquire the skills needed to navigate the seas of constant change

THE ROI for Strategic Change Management in Outsourcing

Why do outsourcing initiatives fail? Well, poor change management is to blame.

Poor change management translates into:

  • Slower speed of adoption
  • Lower ultimate utilization
  • Lower proficiency

Together, they all hurt the “return on investment” (ROI) in an outsourcing effort and are limited to a “past focused” thinking to do the same activities better, cheaper, faster.

On the other hand, effectively managing the human side of change from a future-based approach can help you:

  • Accelerate adoption
  • Increase overall participation
  • Improve the benefit employees realize from the change

These three approaches increase outsourcing ROI.

McKinsey Quarterly reported that projects that employed excellent change management delivered 143 percent of the expected ROI. Projects with poor change management only delivered 35 percent of the ROI.

The math makes sense. The industry needs a mindset shift in behavior. Often, companies reduce change management to just training and communication. In the procurement process, It is observed change management is often the first to get cut during outsourcing negotiations. What is left is transaction-based change management.

The need for strategic change management in outsourcing

Instead, companies need forward-looking strategic change management based on what a buyer and service provide can create together in the future that is far superior to what they have today. Strategic change management produces results for both the short and long term. It has a positive impact on the relationship between buyers and service providers. It helps parties to the transaction create an outsourcing relationship while serving the needs of their own companies.

So, how do you change the mindset to strategic change management? The first step: have parties participate in alignment planning. These sessions enable the tough conversations. They force the group to focus on the highest impact work that allow the leaders to address both strategy and team dynamics.

This, of course, is not easy. Stuart McGuigan, CIO of CVS Caremark, described the process well when he said, “Part of creating change involved holding two incompatible ideas in your head at the same time and somehow still functioning. Being highly responsive to our business partners’ and customers’ needs and creating standardized processes and technology platforms can seem like conflicting goals. But doing both is key to maximizing value.”

The reality is outsourcing buyers who engage strategically clearly understand the financial impact of change work. These are the buyers who achieve top performance for their companies.

Lessons from the Outsourcing Journal:

  • Outsourcing buyers who embrace strategic change management achieve top financial performance because their continuous actions accelerate adoption, increase overall participation, and improve employee benefits.
  • It’s a mistake to reduce change management to just training and communication or cut it during outsourcing negotiations.
  • Outsourcing partners can align their goals by doing alignment planning. These sessions enable the tough conversations, force the group to focus on the highest impact work, and allow the leaders to address both strategy and team dynamics.