Future of HR Technology
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The document discusses trends in HR technology. It begins with an agenda for discussing the future of HR technology, mapping the HCM software market, and 10 trends to watch. The market map shows the various functions that HCM software provides, such as benefits management, payroll, recruiting, and talent development. The 10 trends to watch are speed, predictive capabilities, reflection, connectivity, training, responsiveness, adaptability, modeling, ratings, and data cleansing. The trends focus on how quickly technology can provide value, use of predictive analytics, integration with other systems, personalized training, usability across devices, flexibility to change processes, testing scenarios, understanding user sentiment, and managing data quality.
Future of HR Technology
- 1. The Future of HR Technology
- 2. Agenda Map of the HCM Software Market 10 Trends to Watch Q & A
- 3. Map of the HCM Software Market
- 4. Map of the HCM Software Market Benefits Management Case Management Employee Communications HR & Employee Analytics HR Information Systems Payroll Technology Employee Scheduling Time & Attendance Timeclocks Workforce Management 401K / Pension Management Leadership Assessment Compensation Management Competency Management Employment Branding Succession Management Workforce Planning Employee Advocacy Career Development Organizational Charting Performance Management Candidate Assessment & Testing Applicant Tracking Candidate Relationship Management Employment Website Sourcing Technology Video Interviewing Recruiting Operations Employee Referrals Candidate Screening Contingency Workforce Management Employee Feedback Career Mobility Collaboration Technology Engagement Tools Learning Management Onboarding Technology Total Rewards (Recognition) Wellness Management Outplacement & Alumni Technology Coaching & Mentoring Technology Payroll & Records Talent Strategy & Planning Sourcing & Recruiting Talent Management & Development
- 5. 10 Trends to Watch
- 6. 10 Trends to Watch 1. Speed 2. Predictive 3. Reflective 4. Connectivity 5. Training 6. Responsive 7. Adaptable 8. Modeling 9. Ratings 10. Cleansing
- 7. Speed How fast do you get the technology? Are you thinking in minutes? No more implementations.
- 8. Predictive Is the technology intuitive? Does the technology provide recommendation engines? No more dumb databases.
- 9. Reflective Does the technology tell you what just happened? Does the technology tell you why that change matters (or doesn’t)? Again, no more dumb databases.
- 10. Connectivity Can the technology easily connect to an API dashboard? Can data easily flow to and from the application? Insight from “big data” doesn’t exist without application connectivity. Period.
- 11. Training Is training built into the application? Is training personalized to the user? Assess to real time training, consumption of training, certification of content, then usage of software.
- 12. Responsive Is the technology easy to access from, well, everywhere? Do your users have to change the way they work? As a user, the tech should fit me.
- 13. Adaptable Can I change my process easily? Does the technology make recommendations to improve my process? Process eats software for breakfast.
- 14. Modeling Does the technology have a sandbox where I can play? Can I easily model transactions both large (acquisitions) and small (pay increase)? Current state versus future state.
- 15. Ratings Can I easily understand user sentiment? Do my users LOVE the software they use? Technology value derives from usage, usage derives from love. No love, no value.
- 16. Cleansing Does the technology make recommendations on how to cleanse my data? Does it automatically cleanse my data? No one likes dirty data.
- 17. Remember "a feature is not a feature unless users use said feature"
- 18. Thank You William Tincup, SPHR, SHRM SCP Tincup & Co. Email = william@tincup.com Mobile = 469-371-7050 Twitter = @williamtincup Instagram = @williamtincup LinkedIn = linkedin.com/in/tincup Facebook = facebook.com/tincup Skype = williamtincup