Management consultancy firm, F and N Consultants, has said local businesses have capacity to boost their operations if they invest heavily in human resource management.
F and N Principal Management Consultant, Fred Nyirongo, said this at the end of a two-day training workshop for managers from various businesses on implementation of balance scorecard, a strategic planning and management tool.
Among other things, the training focused on performance management and strategy execution instruments.
According to Nyirongo, poor management has devastating effects on business performance.
“We believe the training will have huge impact. It will enhance the use of the performance measurement tool. We believe tapping the knowledge into the industry is the way to go,” Nyirongo said.
Director of Finance at Air Cargo, Sydney Zimba, who attended the training, rated it as an eye-opener, saying it would help firms change their approach to business.
“I have attended a number of trainings but this one will help us address some of the challenges we face. In particular, it will help our business as we are in the process of crafting the next strategic plan,” he said.