Rapid advances in technology have changed the way people interact, create, and communicate. The rise of business software in previous decades has given organizations the ability to streamline and track interactions and transactions with employees across the entire talent lifecycle. However, most HR functions have yet to take full advantage of emerging technologies and practices like social media, workforce analytics, and workforce visualization tools to enhance their impact on employees and leaders.
The organizations that embrace these technologies in a strategic way will gain a significant competitive advantage. Their employees will have more meaningful interactions with their peers, mentors and HR staff. Employees also stand to gain an increased ability to connect and collaborate amongst themselves, while staying connected and aligned with their leadership and organizational goals. They will not only have more data at their fingertips but the right data as well to influence their decisions, identify skills gaps, and highlight the root causes to human capital problems. HR cannot afford to fall behind when there is so much to gain.