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Entrepreneurial audit

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par Ponce Kokou
University of Johannesburg - Master in Business Management 2011
  

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4.2. Critique of the company core business model

One World Human Capital (OWHC) founders identified organizations' need on focusing their time and attention on maximizing the value of their workforces. OWHC is a new era Human Capital Consultancy focusing on facilitating organisational performance thereby assisting clients to optimise their organisational/operational effectiveness. A Self-Empowered South African Consultancy, established in 2000, possessing a reputation that encourage a culture of flexibility, efficiency,
commitment and professionalism; offering quality service at all times. OHWC provides reliable high quality HR management and administration outsourcing, planning and implementation to help organisations increase efficiency, improve service levels, and reduce operating costs. By offloading core management and administration to OWHC, any organisation of any size can focus on those strategic issues that support the core business. This service provides companies with an onsite Human Resource Manager.

As corporations, nonprofits and government entities are becoming more globally integrated, and as traditional geographic and competitive boundaries disappear, the need to identify, develop and connect talent has never been more critical. In a fast changing global scenario where economies are being reshaped, businesses are being repositioned; investments are growing, it is essential to implement developing and managing the most important asset of any organisation: the Human Capital. Therefore, One World Human Capital elaborated a core business based on supplying its clients with experience indicating that transforming the performance of the workforce truly involves a host of organizational players such as experienced labour especially in engineering area. OWHC is committed to providing effective recruitment services to its clients, and becoming an active partner in its staffing solutions. OWHC's strength lies in its professionalism, which enables it to best match potential candidates with the exact requirements of your organisation.

OWHC's core business model is the coaching, training, labour brokering, supply of workforce and the maximisation of leadership capabilities by enhancing client management capabilities to lead their people to achieve their individual and team potential. It offers human resource as an integral part of any organization. Great stress is laid on implementing an effective human resource system in an organization. After understanding the critical need observed in numerous organisational departments that make use of human resource to setup strategic planning and means to process officials assignments. OWHC prevents its clients from not possessing a proper human resource department, and from suffering from official disorders and lack of management in office activities. From all the advantages that its clients acquire from the type of human resource supplied, the foremost advantage of human resource is the assistance it provides in Recruiting staff and in coaching, and training employees. The human resource department is mostly responsible to develop the systematic plan according to which they hire the staff and help to build a professional work team. The fact that there are many issues that the employee or work-team of an organization faces, one more advantage resulting form the supply of human resource is that it's a medium which provide all the consulting that a employee needs and also answer general queries. The effectiveness of OWHC's Human resource in an organization is just that it helps to settle down any managerial dispute or employee problem in a professional and proficient manner.

OWHC's supply of Human Resource consulting also deals with the long-term management of the business. This initiative evaluates the future scope of the business and devises strategies which would be profitable to the organization in the longer run and bring in stability to the business and provide it an established medium to stand on in the future. OWHC also helps its clients' businesses and commerce to make public relations and built a proper referral system. It is very necessary that the business develops an association with other businesses in the market so it could propel its earning through collaboration with other business sectors. The human resource department arranges seminars, business meetings and official gathering for the company so that it gets acquainted with the market and other businesses. These advantages therefore clearly illustrate how important the OWHC's supply of human resource strategies are for any organization, whether the business is small or it's a big budget industry, building and maintaining a high profile human resource system is very necessary if the business wants to avoid disputes and problems in the longer run. The human resource can be deployed in a small organization at a low scale by hiring minimal staff and growing it gradually as the business progress.

One of the main disadvantages observed within OWHC's business model is that, it does not possess a department actively participating in business and marketing decision. The human resource system comprises of highly dedicated professionals who have the ability to devise new plan and implement human resource related strategies that would bring more business and capital to the organization. But, the fact that the organisation investigated does not comprise a department responsible of a constant implementation of innovative and creative measures rally impede this latter organisation in terms of providing it with a competitive advantage, which will therefore help the company face external challenges affecting/impacting negatively the organisational course of work. The fact that the type of client hunting, marketing path mainly rely on a word of mouth assumption and therefore there is no efficient strategic conduit utilised in the attainment of competitive stability, massively impede an eventual brand awareness of the company and a prospective pathway suitable for the company's growth and ultimate expansion.

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