key trends and evolution of human resources
DESCRIPTION
The requirements of the Human resource department change according to the business scenario. It is important for companies to keep the hr systems up to date depending on the current trendsTRANSCRIPT
HR Evolution
Seven Years from Now
Seven years – Business perspective
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Then why not HR?
New Today -> Old Tomorrow
• As companies change, their HR requirements change
• Buying trends of HR have changed
• HR systems have aged and become mature
• Excel sheets are no more used for payroll calculations and employee management
• HRMS softwares have become old now
Copyright 2013 | Saigun Technologies Pvt. Ltd.
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HR Future Trends
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HR Future Trends
• On-premise hosted costly enterprise applications will be obsolete in next seven years
• Enterprise applications and web applications will move to cloud applications
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Enterprise Applications will become obsolete and Cloud Applications will capture the market
Easy to buy and use without bearing any infrastructure cost
Software vendors mange application versions for their customers
• Hand-held technology for virtual meetings, conferences and virtual classroom trainings are already being used
• Demand for new interface and consumer-like experience will be a driving force for future HR applications
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HR Future Trends
HR Applications will be used on Mobile Systems
A research shows that most companies these days use three to four different HR software systems to manage different requirements
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HR Future Trends
Companies will have a single HR System
Future trends suggest that companies
will soon prefer to buy a single vendor
solution for all their HR needs
Reduced data
integrity problems
Cost effective Better self-managed
by employees
• HR professionals will emerge as strategic business partners for organizations
• Find the right combination of compensation, benefits, and learning opportunities for the employees
Copyright 2013 | Saigun Technologies Pvt. Ltd.
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HR Future Trends
Strategic thinking will be the new core competency for HR Professionals
Thank You
Copyright 2013 | Saigun Technologies Pvt. Ltd.
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