Why Digital HR Transformation is the Key to Competitive Advantage in a Rapidly Changing VUCA World - PowerPoint PPT Presentation

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Why Digital HR Transformation is the Key to Competitive Advantage in a Rapidly Changing VUCA World

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Digital HR Transformation means much more than simply adopting an HCM system — while that certainly plays a role. But you’ll need to go beyond the core software platform to see how technology can help you improve employee onboarding, employee engagement, and employee training. – PowerPoint PPT presentation

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Title: Why Digital HR Transformation is the Key to Competitive Advantage in a Rapidly Changing VUCA World


1
Why Digital HR Transformation is the Key to
Competitive Advantage in a Rapidly Changing VUCA
World
The Digital HR Transformation is here and moving
at a rapid pace. Organizations are looking for
effective and productive ways to meet the
ever-changing business needs of the 3 As
-Agility, Access, and Accuracy. Consequently,
leading organizations have begun to create
entirely new workplaces that we now call the
digital workplace revolution. The digital
revolution is changing the way we think and
approach our day-to-day work. This trend is
becoming more apparent as HR leaders are urged to
take on a larger role in driving the
organization to be digital, not just do
digital. The traditional style of working would
not work in present times as we are operating in
the VUCA world (Volatile, uncertain, complex,
and Ambiguous). The transition to Digital HR is
based upon a journey of technology and decades
of effort. HR initially focused on personnel
operations, automating transactions, and
maintaining an employee system of record in the
1960s and 1970s. HR was restructured as a
service organization in the 1980s, with centers
of expertise taking over core talent
initiatives, service centers handling individual
requirements, and HR business partners started
to get embedded in the business. HR was
restructured once more around integrated talent
management in the 1990s and early 2000s, often
accompanied by the adoption of new systems for
recruiting, performance management, and more.
2
How Digital HR Transformation is the key to
competitive advantage for Businesses?
Digital HR Transformation means much more than
simply adopting an HCM system while that
certainly plays a role. But youll need to go
beyond the core software platform to see how
technology can help you improve employee
onboarding, employee engagement, and employee
training. Here are the 7 benefits of
Transforming HR
3
Improve Employee Experience The ability to
develop a personalized, engaging experience that
meets employees needs and enhances their careers
is what defines employee experience. But at the
same time, we know that the line between
professional and personal lives has blurred for
millennials. Yes, they check their social media
accounts during office hours, but they also
check their work emails on the weekend. They
expect to be treated as consumers, and they
expect their employer to give them the same user
experience when it comes to the digital
workplace. Future Workforce It is imperative
that new approaches are adopted or redesigned to
build a new workforce that is future- ready. A
workforce that narrows the gap between skills and
talent, and the changing demographics to meet
the demands of the digital era. Developing
talent and encouraging a culture of adaptation
is the key driving force for a company to achieve
its vision and goals. The HR function should
develop and localize talent, spot areas of
opportunity, and determine their fit to the
business capability. A clear digital HR strategy
can help. Data and Analytics Digital HR can be
used to measure areas like pre-selection,
training, and employee engagement, as
organizations begin to see the value that data
analytics can bring to the business. HR Data
Analytics can greatly benefit from learning how
to interpret this data. Providing HR with access
to predictive analytics tools can help improve
HR processes and ensure a better employee
experience through deeper insights.
4
Leave Management Digital HR tools can help
organizations track all relevant information and
manage to leave requests, monitor remaining
leaves, and automate the complex process of
time/leave management.
Information Management Digital HR makes it
easier to access all your employees essential
information while simplifying decision-making as
all data is immediately available and current.
Just as employees want to be able to manage their
professional
5
email and workload when and how they want, they
want to manage their HR data when and how they
want. Manage Workforce Employers must manage
their workforce, including part-time, full-time,
and extended employees, as it has an impact on
business outcomes, work experience, and
organizational culture. Digital HR transmission
ensures complete visibility, workforce
management, and full control over all critical
processes. HR Transformation can help businesses
respond quickly to a rapidly changing business
environment, while simultaneously ensuring
agility and efficiency. Employee Development
Digital HR can help with training and learning
activities, facilitating employee development
from training courses to performance evaluation.
Regular appraisals boost employee morale and
incentives boost them to maintain high standards
of work. The software keeps track of the
discussions, the feedback, and the goals or
objectives agreed upon. Transforming HR
BaseLinked can HELP! As more organizations begin
to move away from manual processes and tools, HR
digital transformation continues to evolve year
after year offering a competitive advantage to
the challenges of VUCA. This year COVID-19 was
the change catalyst for many organizations, as
they looked to implement digital workplace
solutions. The future of HR tech is bright, and
as the number of tools continues to grow,
evolve, and become more popular, not
6
only are businesses looking to streamline their
organization and processes, but they are also
likely to see an influx of remote workers and
who must leverage digital solutions as part of
their daily work. As your Digital HR Business
Partner, BaseLinked offers support and
consulting for Workday and Ceridian with a
flexible engagement structure to fit your budget
and meet your needs.
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