As organizations of all sizes learn to embrace the digital age, technologies associated with this change aim to align business strategies with performance objectives and meet expectations among employees.
The business models that revolve around these technologies are also disrupting the entire workforce as we know it. Most businesses need to have workers who can be agiler and align with the business goals present in this digital era.
It is evident that if HR lacks any digital capabilities then the entire organization might be faced with a dearth of skilled resources who can leverage information and technology to achieve business goals.
According to a 2017 study by Deloitte, 52% of companies are undergoing a change management process to accommodate digital business models. This means that many small to midsize companies will actually have some advantages when it comes to managing human capital.
Here are 5 ways in which digital transformation in HR can help enterprises capitalize on these advantages:
- Digital transformation will bring with it a paradigm shift in the process of performance.
- There will also be the fundamental change in which HR will deliver its services in the next 3 to 5 years.
- The way in which businesses undertake talent and leadership must change once digitization is completed.
- New roles will be created in this process including roles such as service designer and data manager.
- The entire digital landscape of HR will align with the digital landscape of the rest of the organization.
Capabilities that include recruiting, performance management, and analytics will be completely available from cloud platforms, making it easier for businesses to secure quality talent without massive financial overhauls and maintenance. HR organizations can then offer higher value and maintain a competitive edge.
If you want to know more about what it means to compete for talent in the digital age, click the link below for more information.