In today’s technologically advanced world, HR and Talent Management solutions are disrupting HR, and in most cases, for the better. Although these cloud-based solutions are fast to implement and give businesses a huge boost to execution speeds, strategic leadership and human interaction however, cannot be automated.
In a recent report on HR technology, Josh Bersin, principal and founder of Bersin by Deloitte, predicts the HR technology industry is on the precipice of a total reinvention. The pace of change has been accelerating since 2010, when the market first began steadily racing to the cloud.
Advances in HR technology, like Talent Management Software (TMS), are keeping pace and driving changes in the strategic concerns of growing businesses. Some emphasis has actually shifted from talent management through integrated processes and systems, to people management that focuses on culture, engagement, environment, leadership and empowerment.
“I’ve seen a lot of companies emerge in the employee engagement and feedback space,” said Joe Carella, assistant dean for executive education at the University of Arizona’s Eller College of Management. “Such solutions can be valuable for growth-oriented companies, especially if they have time-sensitive projects.”
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