Results from PwC’s HR Technology Survey: Innovating for Tomorrow’s Workforce – Transformation Enabled by HR in the Cloud
The phonebook, so anxiously anticipated by Navin R. Johnson in the 1979 movie The Jerk, has gone the way of the poor VCR. Extinct. Obsolete. Kaput. Take note, HR colleagues -- there may soon be something else that follows the phonebook into obsolesce: On-premise HR technology. While the on premise delivery model for HRIS and being tethered to your laptop is still alive and kicking in many organizations, the adoption of cloud HR technology and mobile to engage the workforce and deliver important HR services is climbing at an exponential rate.
It's no surprise that more and more companies are moving their HR applications to the cloud to boost innovation, increase flexibility and control costs. In fact, more than two thirds of organizations have at least some human resource applications in the cloud and a similar number use mobile HR applications – according to the recently released Annual HR Technology Survey by PwC US, in conjunction with Oxford Economics.
What differentiates a highly innovative organization from the rest isn’t really about having cool and new ideas. As most would guess, it is about creating some kind of innovation culture, but what elements create and support highly innovative work environments?
Bringing in new talent has increasingly become a key goal for M&A transactions. According to PwC’s 2014 M&A Integration Survey,1 access to management or technical talent has increased in importance by ...