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Why is it so important to present a board-level human resources report in June while the...

Why is it so important to present a board-level human resources report in June while the operating budget process is beginning?
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Answer #1

An organization or objectives of business (like to achieve the target sale or production) could only be successful if it has adequate human resource (like adequate number of employees or labor).

The board of directors should know well in advance such staff-strength before preparing their operational strategy – such as 80% machine capacity could only be utilized if there are atleast 23 staffs in the factory. The budget is prepared on June. If board of directors are informed through HR report, they can make plan for further recruitments. Such report must be in detail – such as performance metrics, upcoming retirements, etc.

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