Can HR technology show a big change in an organization?
Across the globe, people in organizations are not sure whether to utilize resources for HR technology and innovation because it is seen as an additional and unnecessary cost which is not needed for an organization.
The right type of HR tool used, will become an advantage to the organization as it will consider and allocate a suitable solution for the necessary needs. This will ensure that workforce management can be optimized, bring an increase in efficiency and at the same time assist managers to make decisions fairly. (Teotia, S. (2022))
Teotia, S. (2022) claimed that a report recently published had mentioned that more than 55 % of the recruitment to retirement tasks had been performed by the human resource and will be automated in the coming years.
What can software of HR Technology do?
There are software that can track activities and productivity in order to improve the processes in the company. Software such as association management software will help center all the work in a department to save time and money. Tasks are accomplished in a single platform that also allows to organize and plan work electronically without any interruptions. As a result, the management using these types of software will be more efficient and cost-effective. Moreover, using automation tools will decrease the usage of paper that must be entered by staff. (Martin, D. (2021)).
Where can we apply such HR technologies in the workplace?
Few examples of how technology is applied in human resource management are employee management works with assisting employees to obtain their full potential and also to achieve company objectives. Employee engagement is another example where it is increasingly being used in performance management which employs many strategies to keep employees concerned in their work. Performance management is when employees are being monitored to check their job performance. This will significantly improve productivity and at the same time employee retention. (Martin, D. (2021))
Likewise, there are many other examples where HR technology, brings a new change to the organization that will enhance performance of employees and also productivity in a company.
Below shows the functions that HR technology can help in an organization.
Lavri, O. (2023) mentioned in her web article that, HR managers have the ability to now change their work habits and as well enhance their skills due to the growth and diversities in the workforce that comes through the introduction of artificial intelligence (AI) and machine learning (ML). AI and ML will help HR managers to decrease the load of work and also enhance the productivity of the business.
In a recent survey conducted by Zuech, T. (2023), nearly 46 % of HR leaders have reported that HR technology is the top priority out of the first four HR investment areas. The above graph illustrates on the areas of HR investments that must be considered in the future.
For more information on Top trends for HR, you may click the video below: -
References
Gartner (2022) Gartner's Top Tech Trends for 2023, YouTube. YouTube. Available at: https://www.youtube.com/watch?v=B18Tn4Dbva0 (Accessed: April 17, 2023).
Martin, D. (2021) Role of Technology in human resource management - the human capital hub, Role of Technology in Human Resource Management. Available at: https://www.thehumancapitalhub.com/articles/role-of-technology-in-human-resource-management (Accessed: March 9, 2023).
Lavri, O. (2023) HR tech market overview: HR technology trends in 2022, HRForecast. Available at: https://hrforecast.com/7-digital-hr-technology-trends/ (Accessed: March 12, 2023).
Teotia, S. (2022) Impact of technology in transforming HR practices - ethrworld, ETHRWorld.com. Available at: https://hr.economictimes.indiatimes.com/news/hrtech/impact-of-technology-in-transforming-hr-practices/90829571 (Accessed: March 9, 2023).
Zuech, T. (2023) Gartner identifies top four HR investment trends for 2023, Gartner. Available at: https://www.gartner.com/en/newsroom/press-releases/03-06-2023-gartner-identifies-top-four-hr-investment-trends-for-2023 (Accessed: April 17, 2023).
A very informative article HR and technology. The future of HR will be more streamlined with technological advances
ReplyDeleteThank you for the comment George. Really appreciate it.
DeleteAttractive article about HR and TCH:
ReplyDeleteThank you Nuwan for your comment.
DeleteHR technology can actually make significant changes in an organization. However, it's important to ensure that the technology is implemented thoughtfully and aligns with the organization's goals and values. Your article is a very attractive one.
ReplyDeleteThank you Tharanga and adding a supportive thought to this blog.
DeleteAttractive article abt HR & technology 👍
ReplyDeleteThank you Piumali.
DeleteInteresting content and nicely sketched....
ReplyDeleteThank you so much Rushini
DeleteThanks for sharing your thoughts on the importance of HR technology and innovation in organizations. I completely agree with you that it's essential to invest in the right type of HR tools to optimize workforce management and increase efficiency.
ReplyDeleteYou are welcome. Thank you for sharing ur thoughts on this blog with me.
DeleteVery nicely build a article with lot of insights.
ReplyDeleteThank you so much Amila.
DeleteCheck and adjust on the HR functions on employees help to increse the productivity on both the employee and the organisation. A great summary of the HR and its technology.
ReplyDeleteThank you for your valuable comment.
DeleteHR managment tasks are performed with high efficiency in asingle platform that allows for s.eamless electronic work organization and planning . Great job.
ReplyDeleteThank you so much for commenting Chrishan
DeleteYes, HR technology can show a big change in an organization. However, it is important to note that the success of HR technology chooses the organization's needs and goals and the level of support and training provides to employees too. Nice article.
ReplyDeleteThank you Tharanga for commenting on my blog. Greatly Appreciated.
DeleteA good attempt should be made to combine HRM with technology. The HR division of a corporation may be greatly impacted by technological advancement. It gives the business the chance to enhance its internal operations, core competencies, target markets, and organizational structure as a whole. Excellent! The strategic goals of the organization should be the major emphasis of the human resources department.
ReplyDeleteThank you Tharanga for commenting and adding supportive thoughts to my article.
DeleteMy POV, without technology no one in any industry will not survive starting from next couple of years to come. unless you still wear tree branches. it is that much sensitive in any context of living or working or facilitating. article is very insightful and it is very descriptive and a good exercise indeed. Good Luck!
ReplyDeleteThank you so much Chanaka on your valuable comment.
DeleteHR technology can enable organizations to be more agile and flexible in responding to changing business needs. For example, HR tech can enable remote work and provide tools for virtual collaboration, which can allow organizations to adapt to changing work arrangements. Good work!
ReplyDeleteTechnology development can have a significant impact on an organization's HR division. It gives the business the chance to enhance its internal operations, core competencies, target markets, and organizational structure as a whole. Human resources must be primarily focused on the organization's strategic goals.nice article, well done.
ReplyDelete