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HUMAN CAPITAL ALIGNMENTAN EFFECTIVE TOOL FOR HR VALUE PROPOSITION

The future lies in HR focusing on strategic people management activities rather than administrative deliverables and most organizations have started to use some measures of human capital- headcount, turnover, and productivity - or make some assessment of the value produced. However, there are certain principles you need to consider to maximize the benefit you receive from using Human Capital Alignment (HCA).

1. Quantify the deliverablesThe power of measurement is not the metrics or data you collect. Rather, the benefit comes fromyour ability to use the information to diagnose your organizational situation and make betterdecisions to move the business towards its strategic goals. Organizations should review currentmetrics available through technology in the light of their use for decision-making

2. Guide people decisionsHCA is not about proving the value people add to the business; good leaders already have thisfundamental philosophy. It is about guiding investment decisions and understanding the benefits andtrade-offs in people decisions

3. HCM is an integrated HR ToolHCA ranges from basic metrics to comparative information, from scorecards to predictive models. Tosucceed with HCA, organizations need to select the HCA approach that aligns with their context andneeds. This need could be developing or identifying key metrics, setting performance levels ormeasuring the ROI of HR practices

4. Focus on people value and not the costMany organizations understand their people costs quite well. However, not all of them consider howpeople help the organization achieve its goals. Consider the person who works late to check theaccuracy of a customer order or the person that comes up with efficiency improvement ideas. Bothof them add value well beyond their costs. HCA helps you to understand the value

5. HCM brings business acumen in HRHR is often viewed as the softer side of the business. It often struggles to demonstrate its value. AsHCM takes root in an organization, "soft" measures become performance focused and demonstratevalue creation; this buys HR credibility with the line and a place at the decision-makers table

6. Higher ROI through employee engagementA variety of tools are available to help your organization focus on growing and maintaining performancethrough your employees. It is well established that motivated or engaged employeescontribute more to a company's bottom line. HCA's engagement approach not only helps youmotivate employees, but also helps you maintain and grow the performance of high performing employees

7. HCA helps you to understand the returns on peopleBy using predictive models to help you understand how much and where to invest your peopledollars, you can understand the return on each investment, whether it is recruiting or training newemployees, motivating or increasing skills among existing employees or implementing newprocedures and processes

8. Analyze your requirements and adapt to meet the needsYour organization will have different HCA needs as you modify your goals and strategies to competein the marketplace. This will include modifying your strategies to attract, set expectations, retain,motivate and maximize performance of your employees. It will also include optimizing utilization oflimited HR resources

9. HCM provides the competitive advantage in terms of HR cost, quality and deliveryOrganizations are expanding their use of HCA. Some are using sophisticated tools to identify andimplement people programs that impact business results directly and dramatically. Theseorganizations produce significant return on investment and revenue growth. The longer you wait toimplement HCA, the more ground you need to make up.

Therefore, there is a need to consolidate HR management system to a single global instance to leverage IT efficiencies and gain visibility and control over the human capital. Strategic HCA processes including performance management system, training management, will see more aggressive adoption and would be linked to business plan.

Now that core administrative and self service applications are in better shape, the biggest movement will be in aligning individual performance and rewards with the achievement of specific corporate and operating unit performance objective.

Organizations with sophisticated requirements for strategic processes such as performance management and training management can usually find more robust functionality from specialized HR vendor.

HR software specialists like Adrenalin Human Capital Alignment Software from the Polaris stable are amongst the few vendors, who have specialized their product to suit this category, keeping in mind the Indian scenario with a global perspective. The software is stable, robust, user friendly and highly suited for the Indian business environment

The need of the hour is to have HR contribute effectively in the boardroom, to conceptualize and create a total human organization. As mentioned in their new book The HR Value Proposition, Dave Ulrich & Wayne Brockbank that HR has to fall in love with the business and not HR itself.

Human Capital Align ent Software

Connect

Motivate

Synchronise

Win

Copyright information: While every attempt has been made to ensure that the information in this document is accurate and complete, some typographical errors or technical inaccuracies may exist. Adrenalin does not accept responsibility for any kind of loss resulting from the use of information contained in this document.

This page shows the publication date. The information contained in this document is subject to change without notice. Any improvements or changes to either the product or the document will be documented in subsequent editions. This text contains proprietary information, which is protected by copyright. All rights are reserved. No part of this document may be photocopied, reproduced, stored in a retrieval system, transmitted in any form or by any means, or translated into another language without the prior written consent of Adrenalin eSystems Limited. Copyright © 2012 Adrenalin eSystems Limited.

About Adrenalin

Adrenalin is a web-based Human Capital Alignment Software that automates processes design to boost productivity. It maximises profits by effecting rapid savings- by optimising Human Capital Alignment with intelligent working systems. It delivers next-generation enterprise applications for Human Resources, Payroll, Employee and Manager Self-Service, Workflow Automation and more. Simple and fast, Adrenalin is available in stand-alone modules and as a complete Human Capital Alignment suite. Adrenalin is brought to you by Adrenalin eSystems Limited, a Polaris Group Company. Polaris Software Lab Limited is the world's first SEI CMMi Level 5 Company and is featured in the Forbes list of best companies under US $1 bn.

For more info on our products & services visit: www.myadrenalin.com

Adrenalin eSystems LimitedCall T: 044 3988 2345 | F: 44 4214 5722info@myadrenalin.com | www.myadrenalin.com

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