When the HR department gets in the way

03/27/2013 | AdvisorOne

As advisory firms grow, they often delegate oversight of employees to the human resources team. But doing so can add bureaucracy and undermine productivity, Angie Herbers writes. Owners must stay attuned to their employees, conveying the firm's mission and acting as a coach and mentor. "To create a truly successful, growing firm, owner-advisors need to delegate the administration of employees to HR, but continue preparing, training and supervising employees -- to maximize their happiness, sense of purpose and contributions to their firm," Herbers writes.

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