“Top 10 Articles and Resources in the #HRTech space- March 2020”
Bringing you our top choices of articles in the HR Tech space in the month of March 2020.
The article takes a data-driven look at HR Technology, using Network Analysis. Specifically examining which technologies and vendors are influential in the HR Tech landscape. The big tech players are generally known, and anecdotal predictions regarding the future are common, but can we derive an understanding of HR technologies through data and analytics?
Data was obtained from the 2019 Unleash Conference in London, specifically the 35 start-ups and 64 sponsors that were present at the conference. Conference attendees were provided a list of company names and their “tags”, which were descriptors of the technology or HR domain that characterize the respective companies.
Josh Bersin in this article explains how SAP SuccessFactors is reinventing itself being the leader in the Talent Management software market. Way back in 2006, the company pioneered an enterprise approach to Online Performance Management and has not stopped since.
The company acquired Plateau (leading LMS company) in 2011, Jobs2Web in 2012 (recruiting and candidate marketing), InfoHRM in 2010 (people analytics), Jambok in 2011 (video learning), CubeTree in 2010 (social networking), and a small provider of integrated job competencies in 2013.
FIGURE 2: HXM strategy aligns the shift of SuccessFactors from a transactional system to an experience-based system.
SuccessFactors has embarked on a quest to make a new market through HXM. Since the company is so well known for integrated talent management, the team decided to “redefine the market” – introducing the category of Human Experience Management.
As a result of the ongoing COVID-19 pandemic, effectively managing employee interactions has become a matter of critical importance for companies. In this context, ONA(Organisation Network Analysis) can no longer be considered as a nice-to-have capability, but rather should be viewed as a must-have.
ONA is a People Analytics method that allows companies to visualize and analyze how employees interact with each other within an organization. There are two possible approaches to map these interactions: asking them directly through an online survey (active ONA) or monitoring their digital footprint on collaborative tools like email or Slack (passive ONA).
FIGURE 3: Employee burnout risk assessment. Source: Cognitive Talent Solutions
In his article Francisco discusses examples on how active and passive ONA can help companies remain successful during the new reality imposed by the coronavirus outbreak which include Accelerating adoption of new strategies , policies and procedures; monitoring employee burnout(Figure 3); Accelerating new hires’ time-to-productivity in remote teams amongst others.
Hilton is using Oculus virtual reality (VR) technology to train employees across its 6,000 resorts and properties on facilities, operations and empathy, says Oculus parent company Facebook.
The training program, titled Hotel Immersion, was developed in collaboration with learning solutions developer SweetRush, Facebook said.
The tech gives employees an immersive look at all hotel departments and allows them to practice setting up room-services trays, checking in guests and cleaning rooms.
Another experience offered in the training, Exceed with Empathy, has employees encounter five “frustrating” scenarios: slow restaurant service, an improperly set up meeting room, a nonfunctioning digital key, a drawn-out checkout process, and a broken coffee maker. Facebook said Hilton expects VR will shrink employees’ in-class training time down from four hours to 20 minutes.
Though only 16% of companies are fully remote, we are all too familiar with the gig workforce, and remote working. According to a recent survey, 44% of companies don’t provide an option to work remotely. The remaining 40% of companies have hybrid offerings with both remote and in-office options.
When hit with a pandemic such as COVID-19 companies with no-remote-working and hybrid offerings have to make room for extended remote working facilities to almost the entire workforce. After completing the gargantuan task of providing the necessary infrastructure to enable the employees to work from home, then comes the more subtle human resource management aspects of the remote working.
It necessitates an HR policy redraft across industry sectors, which would definitely lead to a new HR tech revolution. With new challenges emerges a new technology solution to tackle it efficiently. Unprecedented challenges help us find innovative solutions.
Cloud-based HRMS software and Employee Performance Management Software helps you continue your HR operations effectively.
Guest post by Sophie Parker (adriantan.com.sg)
Technology has become an integral part of modern human life in the 21st century. However, just because we have already welcomed technology into many aspects of our lives, it doesn’t mean that we have achieved everything possible. There are still many aspects of life in which technological innovation continues to add value.
Human Resources is one of those areas.
While most people think of engineering, medicine, construction, and such when asked which professions can benefit most from automated technology, few realize that HR is among that list.
In many ways, HR has been slow to adopt new technology and revolutionize its workforce. But that’s changing, largely thanks to bots.
This insightful article covers : What are Bots; How HR Benefits from Automation and the challenges for HR with this “Blended workforce”
A rapidly aging workforce and a growing need to upskill people make succession planning — and therefore the use of succession planning tools — increasingly important. Countries across continents are at the crossroads of dealing with an aging workforce. On the other hand, there is a need to reskill and upskill about one in every two employees; data from the 2018 Future of Jobs report from the World Economic Forum show that an estimated 54% of all workers will have to update or change their competencies within the next two years.
As a result of these changes, succession planning and the tools that go with it — are becoming increasingly important for companies . In this article, Neelie focuses on 12 providers of succession planning tools, their main features, what’s unique about them and other aspects.
AI is increasingly proving its worth in transforming HR function’s efficiency and performance.
According to the Gartner 2019 Artificial Intelligence Survey. HR leaders cite cost savings, more accurate data-based decision making and improved employee experience as the top reasons to deploy AI.
AI-based solutions can drive faster, easy-to-use HR services and help HR functions develop new personalization strategies to engage the technology-enabled workforce and improve employee performance. Organizations that embrace a more personalized and consumer-centric approach to employee experience increase the average employee’s performance. While there is an opportunity in every HR process is an opportunity for AI, most organizations are focusing their AI efforts in three areas: HR operations (40% of organizations), talent acquisition (38% and employee engagement monitoring (38%).
This article discusses the top challenges faced by HR leaders in adopting AI Funding AI initiatives; security and privacy concerns and the complexity in integrating AI and key aspects for a successful AI implementation
In the wake of the ongoing COVID-19 pandemic, some HR-tech companies are now offering free access to their platforms to employers large and small, with the main driver being a “we’re all in this together” mindset.
Whether it’s closed workplaces, canceled classes or travel restrictions — combined with financial market uncertainty — the novel coronavirus has quickly disrupted life as we know it. To help users succeed, several America based HR-tech companies like Grokker, ThinkHR and Mammoth HR, HRAcquity , Quinyx etc are offering their services and platform free of cost to help users tide through the uncertain times.
Channel News Asia article on Singapore’s economic restructuring & transition efforts (in order to raise skills and improve productivity) was widely circulated in social media.
Going beyond the traditional choices such as eFinancialCareers, Glasdoor, Indeed, JobsCentral, JobsDB, JobStreet, LinkedIn, Monster, MyCareersFuture and STJobs, this blog shares the new-age job boards & talent marketplaces, part of the growing breed of HRTech companies, that are leveraging tech to match “right-fit talent” to “best-fit opportunities”.
Swechha Mohapatra (IHRP-CP, Associate CIPD) is a Senior Consultant – Digital HR at hrtech.sg and has over 7 years of global experience in various Talent functions. She is a passionate HRTech evangelist and an avid learner who is certified Six Sigma-Green Belt with a background of MBA (Specialization in HR and IT) and Master’s in Labor Laws and Labor Welfare.
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Senior Consultant-Digital HR, hrtech.sg
01 Apr 2020 at 10:00 AM
20 Non-traditional Job boards for Singaporean Job-seekers & Employers!Sriram Iyer
Founder & CEO , hrtech.sg, hrtech.sg
13 Mar 2020 at 09:00 AM
Do you really know whom you hire?Kannan Chettiar
Managing Director, Avvanz
20 Feb 2020 at 10:00 AM
Re-defining Recruitment with Instahiring!Sanjoe Tom Jose
11 Dec 2019 at 03:00 PM
Employee Empowerment: A Business-Critical RequirementAndy Davies
Vice President of APAC, People First
20 Nov 2019 at 10:00 AM
HR Onboarding: Drive Organizational Success Going Into 2020Manuj Gupta
CEO , Orane Consulting (MyJoining)
07 Nov 2019 at 10:00 AM
Choosing the Right Champions: How ONA conquers the Change Adoption TrapFrancisco Marin Mayer
Co-founder & CEO, Cognitive Talent Solutions
15 Oct 2019 at 10:00 AM
People FirstAndrew Britton
03 Oct 2019 at 10:00 AM
HRMS for SMEs: It's a need, not a want!Sriram Iyer
Founder & CEO, hrtech.sg
26 Sep 2019 at 05:00 AM
How Mobile Apps are Transforming Human ResourcesKC Kwa
28 Aug 2019 at 07:00 AM
Simplifying Employee Bonus ProgramsNaveen Veda
16 Aug 2019 at 11:00 AM
Will machines replace your job in the future?Djoann Fal
Co-Founder & CEO, GetLinks
19 Jul 2019 at 05:00 AM
Establishing Agility in HRNigel Lim
Co-Founder & CEO, Payboy
08 Jul 2019 at 09:00 AM
6 months and the role is still open. Now what?Tulika Tripathi
28 Jun 2019 at 10:00 AM
Strategically Scaling HR with People AnalyticsDaniel West
Founder & CEO, Panalyt
19 Jun 2019 at 06:00 AM
How to hire the right people, the right way and fast?Riku Malkki
05 Jun 2019 at 10:30 AM
The interview is dead, long live the interviewOmer Molad
Co-Founder & CEO, Vervoe
22 May 2019 at 07:30 AM
It’s About Time Recruitment Got AutomatedEmmanuel Crouy
Co-Founder & CEO, GrabJobs
15 May 2019 at 05:00 AM
Recruitment Redefined: A Game-Changing Way to Attract Top TalentPaul Keijzer
Co-founder & CEO, The Talent Games
07 May 2019 at 09:00 AM
Is Machine Learning the recruitment Gamechanger we’ve been waiting for?Shana Lynde
Co-founder & CMO, Janeous
29 Apr 2019 at 01:00 PM
Performance Management – Desperately calling for Open Minds!!!Souvik Majumdar
Founder & CCS, GroSum
22 Apr 2019 at 12:00 PM
Unleash the Power of TeamsRudi Ramin
Co-Founder and CEO, Grow
15 Apr 2019 at 05:00 AM
Snackable self-paced learning for the modern (deskless) workerJames Chia
Co-Founder & CEO, ArcLab
09 Apr 2019 at 10:00 AM
Onboarding should be a Pleasure, not a Pain.Vijay Veera
Co-Founder & CEO, Digidesk
01 Apr 2019 at 10:00 AM
The Science of HiringKek Sei Wee
25 Mar 2019 at 11:00 AM
Digitally Engage Your Mobile Workforce for Better Business ReturnsAndy G. Schmidt
Founder & CEO, Beekeeper Communication
15 Mar 2019 at 03:45 PM
Dining Out On HR TechnologyRichard Hanson
18 Feb 2019 at 10:45 AM
Performance Appraisal is NOT Performance Management. Make it continuous, make it holistic.Shankar Krishnamoorthy
Co-Founder & CEO, Synergita
11 Feb 2019 at 12:45 PM
The Tech Of Tomorrow is already here: Artificial Intelligence in RecruitmentTeam Wantedly
29 Jan 2019 at 10:15 AM
Ready! Get Set! BOT!Jian Hong Tan
CEO & Co-Founder, Su-Ette
18 Jan 2019 at 04:15 AM
Where’s the Human Touch in Recruiting?Sujo John
Business Head, Monster.com
10 Jan 2019 at 04:30 AM
HRTech Stack recommendations for Start-upsAdrian Tan
02 Jan 2019 at 05:00 AM
Creating a Culture Of WellnessChris Teo
26 Dec 2018 at 03:00 AM
Technology & Culture: Two sides of the same coinDN Prasad
Founder & Executive Coach, Noetic Step
17 Dec 2018 at 03:00 AM
Singapore’s HRTech Start-ups attract more VC funding in Sep 2018!
01 Nov 2018 at 03:00 AM
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29 Oct 2018 at 03:00 AM