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Reinventing HR – Corporate Realities & Tech Trends

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Page 1: Reinventing HR – Corporate Realities & Tech Trends
Page 2: Reinventing HR – Corporate Realities & Tech Trends

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Page 3: Reinventing HR – Corporate Realities & Tech Trends
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39% primary focus

HR Systems

39% responsible for at least one aspect of the

Talent Cycle

15% respondents

primarily Talent Acquisition

13% primary focus

HR Operations

6% respondentshave a role focused

on IT

12% primary focus

Employee & Exec

Development

Page 5: Reinventing HR – Corporate Realities & Tech Trends

Increasing Organisation

Performance & Profitability

95% Reducing

Costs88%

86% ImprovingCustomer

Satisfaction & Service Quality

Currently, what are your organisation's most significant business challenges?

For 66% this is a Major Challenge

For 56% this is a Major Challenge

For 41% this is a Major Challenge

€€

Page 6: Reinventing HR – Corporate Realities & Tech Trends

67% are using either a

Decentralisedor FederatedHR Operating

Model

33%

55%

12%

This has massive implications for HR Tech choices,approaches to change management and the effort / impact /

opportunities / success of standardisation

Page 7: Reinventing HR – Corporate Realities & Tech Trends

56% Strategic Business Partner

42% Better leadership & management

41% Enhancing the talent pipeline

40% Increasing the consistency of HR processes

37% Improving HR service quality & provision

Page 8: Reinventing HR – Corporate Realities & Tech Trends

50% believe

Future HR Success is dependent on

Re-organisation to create better business alignment

63%believe Future HR Success is dependent on New or Enhanced Processes

65%believe FutureHR Success is dependent on Upskilling HR Teams

Page 9: Reinventing HR – Corporate Realities & Tech Trends

67% have

Partially Standardised

HR Systems, but

less than 20% have

Very StandardisedHR Systems in their

organisationThere is a significant overall market opportunity to consolidate

HR Systems Suites.

Page 10: Reinventing HR – Corporate Realities & Tech Trends

Only 1 in 10are Extremely

Satisfiedwith their HR

Systems

Overall, what is your level of satisfaction with your organisation's HR technologies?

Page 11: Reinventing HR – Corporate Realities & Tech Trends

1/3rd Not Satisfied with either Recruitment,

Learning and Development, Workforce Planning,

Analytics, Succession Planningor Onboarding solutions

The highest level of dissatisfaction:

- Workforce Planning & Organisational Design

- Succession Planning

43%40%

HR TECH FAILS TO IMPRESS…

Page 12: Reinventing HR – Corporate Realities & Tech Trends

Close to 50% envisage changing their

Succession Planning, Performance Management, Reward & Recognition, Onboarding, Learning & Development or Core HR

solutions within the

next 3 years

Page 13: Reinventing HR – Corporate Realities & Tech Trends

1. Solutions Business Agility and Flexibility2. Quality of End User Experience3. Lack of Analytics4. Reducing Total Cost of Ownership5. Deficiencies in Functionality

Over a 3rdidentified User Experience

or Lack of Business Agility & Flexibilityas a CRITICAL DRIVER behind changing HR systems!

THE TOP 5 DRIVERS TO CHANGE HR SYSTEMS

1

2

3

4

5

Page 14: Reinventing HR – Corporate Realities & Tech Trends

platform

40% see moving to the

Cloud as a Critical or Significant Driver for changing

Cloud Based HR Systems

are accepted by 79% of organisations Top 3

Barriers to using CloudData Privacy, Security Risks

Existing IT infrastructure

Page 15: Reinventing HR – Corporate Realities & Tech Trends

25% see US Hosting

arrangements as a barrier to adopting Cloud based

HR systems

25% lack enoughInternal Expertise in their

Organisation 27% highlight legislative

& regulatory restrictionsas a barrier

Page 16: Reinventing HR – Corporate Realities & Tech Trends

IN HR TECH WE TRUST!The TOP 5 LEVERS for Future Success

of European HR Operations

Page 17: Reinventing HR – Corporate Realities & Tech Trends

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© Copyright Fosway Group Limited. All Rights Reserved. 3/25/2015 18