HR Technology Trends By Wilson Ten SandFil International Right Talents, Right Results

Transcription

1 HR Technology Trends By Wilson Ten TM Right Talents, Right Results

2 What are the new challenges in HR?

3 They Don t Understand We Can Deliver Deloitte's Aligned at the Top study says: "there is an increasing tension between company needs and HR's ability to delivery"

4 The Challenge Our Knowledge McKinsey says: "The executives criticized HR professionals for lacking business knowledge, observing that many of them worked in a narrow administrative way rather than addressing long term issues such as talent strategy and workforce planning."

5 The New HR Challenges Identify the skills and experience they need to stay competitive Attract and keep the best-fit people Plan ahead for the retirements of Baby Boomers in critical positions Farm future talent and develop leadership from within the organization, to reduce turnover costs and conserve knowledge capital

6 What is the Trend?

7 The New HR Directions Aligning HR Strategies to Business Objectives Talent Acquisition Talent Development Performance Management Social Networks Enrich Internally & Externally HR Data Integration and Analytics 7

8 Manual Process on Talent Management 56% 54% Watson Wyatt % 50% 48% 46% 44% Succession Planning Career Development Workforce Planning 8

9 What s Next? HR Investment Focusing in Succession Planning and Workforce Planning Solutions HR Investment in streamlining communications with employees Dropping off outsource providers in compensation administration, succession planning and workforce planning Watson Wyatt

10 Traditional HRIS versus Strategic HR

11 Conventional HRIS HRIS HR Administration Payroll Leave Management Compensation Management Time Management ESOS Industrial Relations Benefits Management Recruitment Appraisal Training Succession Planning 11

12 Strategic HR Matrix Talent Acquisition Assessment & Training Need Dictionary Role & Profile Man Power Budgeting Selection & Acquisition Assessment Training & Learning Plan Performance Mgmt Talent Management A platform to attract, develop and retain top talent for competitive success Human Resource Information System An administrative system (payroll, leave and etc) 12

13 Integrated Talent Management Talent Acquisition Performance Management Management Talent Retention Talent Development Succession Planning 13

14 Scenario 1 Newly hired employee resigned after 2 months Solution Job Profile Interview Guide Based Recruitment 14

15 Scenario 2 How does Training Manager identify and prioritize the training for all employees? How does Training Manager measure the effectiveness of the training? Solution Job Profile Assessment Gap Identified Right Training Identified 15

16 Scenario 3 Top salesperson being promoted as sales manager, the entire sales department revenue dropped. Solution Job Profile Assessment Inventory Promotion Base on 16

17 Scenario 4 Y-Generation employee resigned because he has not been promoted after working as an executive for 2 years Solution Job Profile Assessment Inventory Promotion Base on 17

18 Scenario 5 How does HR ensure the effectiveness of the performance appraisal? Performance Renewal / Planning Performance Review Performance Execution Performance Assessment 18

19 Financial & Infrastructure Challenges? 19

20 SaaS (Software as a Service) Model No headache on IT infrastructure investment No headache on getting Finance approval Low initial cost No hardware cost No hosting cost Fast implementation No long term commitment Best model for pilot project 20

21 How to get the right technology? 21

22 Do You: Have It? Build It? Buy It? 22

23 Case Study Current System Can t Cater for new challenges Total Replacement Strategic HR Employee Module Customized Appraisal System Employee Module Add on Talent Management 23

24 Guidelines in Selecting Technologies Talent Management Based Solutions or Payroll Based Solutions? Is the Technology Provider Exclusive Focus? Is the Talent Management Process Right? Implementation Timeline? 24

25 In Closing Simple works - the facts prove it Make it happen - you own talent Raise your talent bar - become the new HR 25

26 Thank you Q&A? 26