the future of hr strategy
DESCRIPTION
HR departments are not thinking strategically enough. This research surveyed senior HR leaders on the current and prospective balance of business as usual [BAU] and strategic activity within HR departments. Findings indicate very slow progress towards the positioning of HR as a strategic business function.TRANSCRIPT
New Research
The future of HR strategy:Are you ready?
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Leading HR decision makers are already striking a brilliant balance between the delivery of Business as Usual [BAU] HR operations and future strategy planning.
HR is entering a brave new world of opportunity
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These visionaries are embracing social, mobile and cloud technologies.
WHY?
To deliver ‘big data*’ people insight for better business decisions and improved business results.
HR is entering a brave new world of opportunity
*Big data: The growth and availability of structured and unstructured data, e.g. information taken from social channels, as well as data taken from traditional sources.
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• Social technology has huge potential in the collation and validation of employee
information. It will drive employee engagement and better business outcomes
• Mobile technology improves access to employee data, utilising concepts like
employee self-service to enable a more mobile workforce
• Cloud technology gives employees and managers access to key people information
anytime, anywhere, via any device
• ‘Big data’ is a key output of these technologies. It supplies HR teams with people
data to support key business decisions and gives competitive advantage.
HR is entering a brave new world of opportunity
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We asked HR leaders working within large UK-based organisations how the
availability of social, mobile and cloud technologies, and their ability to enable
delivery of a ‘big data’ employee view, was currently affecting their HR planning.
The research also aimed to establish how HR leaders think their HR strategy will
be influenced by these technologies and expectations in the next five years.
Key findings
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Most organisations spend less than 20% of their time
on HR strategy
Almost half of our respondents currently spend at least 80% of their time on BAU
activities. In 5 years, almost half will spend at least 70% on BAU, indicating very slow
progress towards the positioning of HR as a strategic business function.
Key findings
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65% of HR leaders think social media has potential in
HR
However, over half do not consider social to be an important factor now.
Key findings
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Only 48% of HR leaders think mobile technology has
future importance for HR
Over half viewed mobile negatively, or did not recognise it as a future potential influence
on HR.
Key findings
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53% of respondents viewed Cloud technology as a
favourable addition to HR of the future
- with the most value being recognised in the area of data storage, management and
availability for staff.
Key findings
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71% of HR leaders are unfamiliar with ‘Big data’
Key findings
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http://www.midlandhr.co.uk/The-Future-of-HR-Strategy
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© Midland Software Limited 2014