IS YOUR HCM SYSTEM COMPATIBLE WITH YOUR FUTURE?
Cultural, societal, technological and business shifts shape the human resources (HR) fraternity. As changes in these four factors affect today's workforce, it is inevitable that your current human capital management (HCM) system may need to catch up at some stage.
It is a necessary business practice to periodically evaluate the adequacy of your HCM system in supporting your business strategy. To evaluate your HCM system, ask the following questions:
- What are the employee satisfaction levels with the system? Is the user adoption rate satisfactory?
- How has the HCM system been performing lately? Is your system availability, data , user experience and reporting reliable?
- Does the system integrate easily with other critical or new business systems? Does the system effectively support your human capital strategy or business processes? Is it sufficiently agile in response to changes in business requirements?
- How does the system fair with industry standards and best practices? What industry trends do you need to adopt to bolster your competitive edge?
SHOULD YOU ADAPT OR ADOPT A NEW HCM SOLUTION?
The exercise above can help you make a strong case for an improved or new HCM solution. A growing business calls for evolving HR policies, recruitment processes, talent management systems and employee experience.
Whether you need to adapt your system or procure a new one to respond to your evolving needs depends on the capabilities of your current system.
HCM systems relying on obsolete technologies may be incompatible with new offerings that exploit artificial intelligence, robotics and data analytics capabilities. More over, legacy HCM solutions are typically isolated, resulting in data inaccuracies and silos.
On the contrary, the latest systems are charged with advanced automation and streamlining intelligence. Their future efficiency and effectiveness lie in their integration and customisable properties.
Let us help you evaluate your HCM system
Contact Us on: mpume@easytalent.co.za
