Digital transformation is creating waves across all the business functions and processes, and HRM is no exception. Digitizing HRM is about ensuring reliable access, and connecting and leveraging skilled professionals by implementing strategies that use digital connections and tools. Digital technologies can empower HR professionals to achieve business objectives.
Achieving digitization needs the HR manager to look beyond the HRM system to understand where the data is being used across the business – whether in finance, operations, or sales. Integrating HRM systems with other ERP solutions can provide the insight that HR requires to understand the relationship between HR strategies and investments.
Digital transformation of the business will impact the workforce. Transformation is the ability of the enterprise to make their employees use digital and social connectivity to maintain relationships and enhance collaboration within the workforce. Emerging technologies can create strong talent management processes and support specific staffing arrangements. With digital transformation, enterprises can achieve better business outcomes and workforce collaboration. The human resource management system will help you in the following ways:
- Determine productivity and identify areas of excellence and weaknesses
- Deliver true cost of workforce analysis
- Planning for succession
- Forecasting business performance and planning in a better way
Adopting Technology is the Key to Achieving Digital Transformation
Organizations differ in their approach, aptitude and policies and this is considered as a key barrier to achieving digital transformation. The following are a few trends that are interfering HR’s ability to achieve digital:
Lack of “bring your own device” (BYOD) policies. Apparently, one third of companies have no policy in place.
No collaboration between employees
Only 20% of organizations see mobile as key to workforce productivity
These trends specify that enterprises are not adopting technology by the enterprise and tell that most enterprises fall within the early stage of HR digital transformation. HRM solutions help organizations realize the true benefits of digital transformation by providing complete integrated solutions that make the most of the digital technology best practices.
Considering the HRM Solution
Human management software includes a number of integrated talent management solutions and workforce analytics, planning and a next-generation HR solution. HR processes such as timesheet management, project management, and resource management are a part of HR software. Each integrated solution uses digital technology to help HR overcome barriers at every phase. The system can help organizations achieve better results in the following areas:
Core HR: records employee, organization, and talent data to deliver faster results
On-boarding: Get new employees faster and improve retention rate
Recruiting: Make best hiring decisions by looking through internal and external sources quickly and effectively
Performance & goals: Empower organization to create strategy, meaningful goals, making employees what matters, employee performance, and business results.
Learning: Empower employee to develop and nurture a social learning approach to achieve great collaboration
Workforce planning: Get workforce information and benchmark to assess strategies, forecast the impact of business decisions, and mitigate risk
Analytics: Get actionable, and quantitative insights to business with talent and business data that is easy to understand
For organizational success, the workforce should be closely tied to key business objectives. Company’s processes, policies and technology deployed to manage HRM activities need to become more mature to make imperative decisions that affect the business positively. Maturity in human resource management will require embracing digital transformation. Without an integrated system, HR will get stuck with functionality silos with no visibility across the enterprise. With tools like SutiHR, human resource manager can take the maximum advantage of mobile, cloud, social and big data. This would require you to take the right steps towards collaborative and mobile environment.Business & Finance Articles on Business 2 Community