This document discusses challenges and a vision for human capital management (HCM) technology. It identifies key challenges as the need for global, integrated HCM solutions that can offer disruptive technologies and adapt to changing business models. The author's vision is to create next-generation HCM products that are scalable, robust, and support business growth by focusing on strategic imperatives, building industry awareness, and being a first mover in adopting new technologies. Addressing these challenges through this vision could help create HCM solutions better suited for modern business needs.