Tips for Defining Your HR Technology Strategy for 2018

November 21, 2017 - minute read

2018 HR PlanHow to Define Your HR Technology Strategy for 2018

Every aspect of an organization should have a strategy in place to maintain efficiency and help the business grow over time. HR technology is no exception to this, and the strategy for HR should achieve objectives for both HR and the rest of the company. Strategies should also facilitate future growth and increasing flexibility, while meeting the needs of the company through innovative solutions.

Here is how you can develop the perfect HR technology strategy for 2018.

Define & Control Your HR Technology Strategy

Technology continues to change how HR functions. It plays an increasingly important role in improving overall efficiency while encouraging employees to be more connected.

The HR department should be mainly responsible for developing the HR technology strategy in conjunction with the IT department, with both teams working together to ensure that HR is solving business problems using the most appropriate solutions. While IT should assist with the selection and implementation of these solutions, HR should be the leader. This is because HR shares the perspective of employees and has a clearer understanding of the practices that go into an efficient and effective workforce.

New HR technology shouldn’t require an extraordinary amount of work, allowing a handful of HR employees to pave the way for a company’s success. For instance, it’s much easier to implement a software-as-a-service (SaaS) platform than it used to be, with improved configurability. IT can make quick changes to SaaS based on specific requirements, helping more effectively meet business needs when they’re needed.

Make Sure the Strategy Addresses Both HR and Business Goals Equally

In the end, you can’t have an effective HR technology strategy if it isn’t aligned with the goals of the organization. Without understanding how the HR technology will help the business, it won’t work, making the strategy a waste of time, money, and effort. Inadequate alignment can even hurt the business in the long run.

If you want to create the perfect HR technology strategy, you need to understand your company’s short- and long-term goals in addition to the HR department’s. This could entail conducting interviews with employees and stakeholders in the organization, which may include everyone from HR leaders to business-line managers. All of the insight and information these individuals can provide could make the planning process easier and more effective, ensuring that both HR and the rest of the company have aligned goals throughout.

Aligning the strategy should also account for the goals of each critical business unit, giving equal attention to each branch that requires it.

Keep in mind that implementing an HR technology strategy alone isn’t sufficient, and having the best technology can only take you so far. What truly makes a difference is the execution of the strategy, with the right combination of human and software resources along with a flexible roadmap that covers all goals within the company.

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Make Sure Your HR Technology Strategy is Agile

Agility is an important element for every business, and it’s more crucial than ever today if an organization wants to stay ahead of competitors and keep up with the perpetually changing business environment. Technology should always be agile enough to provide a quick response to both internal and external factors.

A strategy should span several years and be continually addressed and assessed, with consistent monitoring to maintain agility. Oftentimes, workforce technology agility will involve cloud storage and the ability to quickly reconfigure offerings or change technologies. SaaS is one of the best ways to keep an HR technology strategy agile at all times, with standardized processes that simplify strategies while making it easier to respond to business environment changes.

Ultimately, implementing SaaS can maximize agility in the most effective way, but some businesses may benefit more from using a hybrid of cloud SaaS and on-premises solutions.

Make Sure Your Strategy Adds Value to Your Company

Automation is only one part of what makes a business successful. You also need to make sure you have a human capital management system that attracts and retains the right people to help facilitate success. Consider how the technology enables the efficiency and effectiveness of people, initiatives, and programs, along with how the technology can improve the overall effectiveness of talent management, among other considerations. Make sure that technology is used where it adds value to the company, and use your HR technology to improve organizational performance rather than simply increasing effectiveness and efficiency.

With these tips in mind, your business will be able to succeed in an environment that constantly evolves while staying ahead of the competition.

Filed Under: Human Capital Management