Key Considerations When Leveraging New HR Technology
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Posted by Harry E Fowler
- Last updated 6/26/23
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Gretchen Alarcon, the Group Vice President for Human Capital Management Strategy at Oracle, wrote a blog about understanding the benefits of leveraging new HR technology and having a deliberate plan for innovation within your department.
New technologies like Artificial Intelligence (AI), digital assistants, and machine learning are becoming increasingly popular in today’s workforce—including within Human Resources. According to the article, HR professionals have started asking, “How can we be sure these digital innovations will help us manage talent more effectively and support our enterprise’s larger business goals?”
There are two considerations to keep in mind when addressing this question about new HR technology:
- Look at the HCM capabilities that are available today and those that may come in the year ahead.
- Assess the specific ways that these capabilities can transform core HR processes.
New HR technology undoubtedly could bring benefits to HR, but it’s important to gauge the value for your individual organization. Gauging that value requires careful analysis. You’ll need to consider the enterprise’s overall business strategy and look for ways that HR process improvements can further those goals. You’ll want to review the essentials for a strategic transition to cloud services. It’s also a good idea to pick an area for piloting new HR technology where there’s an opportunity for a quick win. Once people are comfortable with new HR technology, it’s possible for managers to expand the capabilities later on.
Understanding these the opportunities you have to improve business processes, achieve quick wins, and expand capabilities increase the odds that innovation and technology will transform your organization.