HR Technology Trend


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HR Technology Trend

  1. 1. SandFil International Right Talents, Right Results HR Technology Trends By Wilson Ten [email_address] TM
  2. 2. What are the new challenges in HR?
  3. 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. 4. 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." The Challenge Our Knowledge
  5. 5. <ul><li>Identify the skills and experience they need to stay competitive </li></ul><ul><li>Attract and keep the best-fit people </li></ul><ul><li>Plan ahead for the retirements of Baby Boomers in critical positions </li></ul><ul><li>“ Farm” future talent and develop leadership from within the organization, to reduce turnover costs and conserve knowledge capital </li></ul>The New HR Challenges
  6. 6. What is the Trend?
  7. 7. <ul><li>Aligning HR Strategies to Business Objectives </li></ul><ul><li>Talent Acquisition </li></ul><ul><li>Talent Development </li></ul><ul><li>Performance Management </li></ul><ul><li>Social Networks Enrich Internally & Externally </li></ul><ul><li>HR Data Integration and Analytics </li></ul>The New HR Directions Talent Department Talent Center Talent Development Human Capital
  8. 8. Manual Process on Talent Management Watson Wyatt 2009
  9. 9. <ul><li>HR Investment Focusing in Succession Planning and Workforce Planning Solutions </li></ul><ul><li>HR Investment in streamlining communications with employees </li></ul><ul><li>Dropping off outsource providers in compensation administration, succession planning and workforce planning </li></ul>What’s Next? Watson Wyatt 2009
  10. 10. Traditional HRIS versus Strategic HR
  11. 11. Conventional HRIS HRIS HR Administration Payroll Leave Management Compensation Management Time Management ESOS Industrial Relations Benefits Management Recruitment Appraisal Training Succession Planning
  12. 12. 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) Strategic HR Competency Dictionary Role & Profile Competency Matrix Assessment Training & Learning Plan Performance Mgmt Assessment & Training Need Man Power Budgeting Talent Acquisition Selection & Acquisition
  13. 13. Competency Management Talent Acquisition Performance Management Talent Development Succession Planning Integrated Talent Management Talent Retention
  14. 14. Scenario 1 Newly hired employee resigned after 2 months Solution Job Competency Profile Interview Guide Competency Based Recruitment
  15. 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 Competency Profile Competency Assessment Competency Gap Identified Right Training Identified
  16. 16. Scenario 3 Top salesperson being promoted as sales manager, the entire sales department revenue dropped. Solution Job Competency Profile Competency Assessment Competency Inventory Promotion Base on Competency
  17. 17. Scenario 4 Y-Generation employee resigned because he has not been promoted after working as an executive for 2 years Solution Job Competency Profile Competency Assessment Competency Inventory Promotion Base on Competency
  18. 18. Scenario 5 How does HR ensure the effectiveness of the performance appraisal? Performance Renewal / Planning Performance Execution Performance Assessment Performance Review
  19. 19. Financial & Infrastructure Challenges?
  20. 20. SaaS (Software as a Service) Model <ul><li>No headache on IT infrastructure investment </li></ul><ul><li>No headache on getting Finance approval </li></ul><ul><ul><li>Low initial cost </li></ul></ul><ul><ul><li>No hardware cost </li></ul></ul><ul><ul><li>No hosting cost </li></ul></ul><ul><li>Fast implementation </li></ul><ul><li>No long term commitment </li></ul><ul><li>Best model for pilot project </li></ul>
  21. 21. How to get the right technology?
  22. 22. Do You: Have It? Build It? Buy It?
  23. 23. Case Study Customized Appraisal System Employee Module Strategic HR Employee Module Talent Management Current System Can’t Cater for new challenges Integrated Total Replacement Add on
  24. 24. Guidelines in Selecting Technologies <ul><li>Talent Management Based Solutions or Payroll Based Solutions? </li></ul><ul><li>Is the Technology Provider Exclusive Focus? </li></ul><ul><li>Is the Talent Management Process Right? </li></ul><ul><li>Implementation Timeline? </li></ul>
  25. 25. <ul><li>Simple works - the facts prove it </li></ul><ul><li>Make it happen - you own talent </li></ul><ul><li>Raise your talent bar - become the new HR </li></ul>In Closing
  26. 26. Thank you Q&A?