In a world where technology is more pervasive and the millennial generation is entering the workforce, business will rely more heavily on the human resource department to ensure that key talent is found, and retained, writes SANDRA SWANEPOEL, MD, Sage HR & Payroll.
Here are key themes to look out for in the ever evolving HR space:
1. Cloud is revolutionising HR
Today’s corporate reality is the digitisation of business models and industries. Technology is transforming the HR and payroll environment. The modernised HR and payroll environments are aggregating employee data into a single location and it allows for platform integration to save time and money as well as improving employee engagement.
Cloud-based applications continue to transform the HR and payroll environment. Access to cloud also facilitates quicker decision making with workforce planning and predictive analytics to make critical decisions in the future by providing access to rich data.
2. Systems integration
HR, payroll and business management solutions are moving closer together as organisations adopt integrated solutions. From recruitment to performance management, integrated HR systems are breaking down the silos within an organisation and they provide a complete view of the business’s relationship with its employees.
With integrated solutions, businesses can achieve higher levels of automation across their businesses, become more productive and efficient, and gain better visibility into their performance.
3. HR’s change to data driven decision-making
A recent report by Deloitte on Human Capital Trends revealed that 77% of executives now rate people analytics as a key priority, as technology makes data-driven HR decision making a possibility.
HR departments should refocus on strategic talent management, skills development, building the employer brand, and performance management. When they automate routine processes, they can free up hours for the more strategic aspects of their job.
Automated systems also capture rich data HR managers can use for talent analytics that give insight into trends such as staff churn, the costs of training and development, employee and organisational performance, and the skills they may need to attract and develop to support the business’s future growth.
4. Embracing Mobility
A 2015-2016 HR Systems Survey conducted by Sierra-Cedar also revealed that in the last three years there has been a 70% increase in company’s investing in mobile-enabled HR technology, 20% of these are planning a major initiative in the next 12 months. This just shows how mobility is becoming more integral to business and how we as HR practitioners will need it to be able to facilitate this organisational change.
We will continue to see more demand for software that helps companies to improve record-keeping and decision making thus helping them to become more efficient and productive. Businesses also require solutions that will ensure compliance with stricter tax and labour laws that are always changing.
6. Online recruitment will come to the fore
There are many tools that can streamline the recruitment process, from managing job applicants and filtering CVs, to interviewing and screening candidates, right up to the on-boarding process. Though the human element will always be important in HR, companies will continue to extend their tools such as online applicant tracking systems, talent communities, social media and internal career portals.
Online platforms such as Sage SkillsMap, give organisations direct access to people in Africa and abroad who are looking for jobs, as well as the tools they need to publish their jobs to the Web and track the applications they receive. These tools help automate a lot of the manual processes for them, so they can make better informed decisions and spend time growing their businesses.
The gist of it all is the increasing role that technology is going to play in the HR function. The future is mobile and we at Sage are giving our customers the power to control their businesses from the palm of their hand. For HR practitioners this is an exciting time, where we will be able to broaden our skills base and become trusted advisors within organisations and play a larger part in its success.
Welcome to world of 2099
The world of 2099 will be unrecognisable from the world of today, but it can be predicted, says one visionary. ARTHUR GOLDSTUCK met him in Singapore.
Futuristic structures tower over the landscape. Giant, alien-looking trees light up with dazzling colours amid the hundreds of plant species that grow up their trunks. Cosmetic stores sell their wares via public touch-screens, with products delivered instantly in drawers below the screens.
This is not a vision of the future. It is a sample of Singapore today. But it is also an inkling of the world we may all experience in the future.
Singapore was the venue, last week, of the World Cities Summit, where engineers, politicians, investors and visionaries rubbed shoulders as they talked about the strategies and policies that would enhance urban living in the future.
As part of the Summit, global payment technologies leader Mastercard hosted a small media briefing by one of Singapore’s leading thinkers about the future, Dr Damian Tan, managing director of Vickers Venture Partners. The company’s slogan “We invest in the extraordinary,” offers a small clue to Tan’s perspective.
“We look as far forward as 2099 because, as a venture capital firm, we invest in the long term,” he tells a group of journalists from Africa and the Middle East. “Companies explode in growth because there is value in the future. If there is no growth, they won’t explode.”
The big question that the Smart Cities Summit and Mastercard are trying to help answer is, what will cities look like in the year 2099? Tan can’t give an exact answer, but he offers a framework that helps one approach the question.
“If you want to look at 81 years into the future, and understand the change that will come, you need to double that amount and look into the past. That takes us to 1856. The difference between then and now is the difference you can expect between now and 2099.”
- Arthur Goldstuck is founder of World Wide Worx and editor-in-chief of Gadget.co.za. Follow him on Twitter on @art2gee and on YouTube
Use the page links below to continue reading about Tan’s visions.
Win a Poster Heater with Gadget and Takealot.com
This winter Gadget and Takealot.com are giving away three Poster Heaters, which look like posters but become heaters when you plug them in.
Three Gadget readers will each win a unit, valued at R550 each. To enter, follow @GadgetZA and @Takealot on Twitter and tell us on the @GadgetZA account how many Watts the heater consumes.
What’s the big deal about these heaters? Many of us are struggling to keep the balance between soaring electricity costs and the need to keep warm this winter.
However, the recently launched Poster Heater by EasyHeat and distributed in South Africa by Takealot.com is not only one of the most cost effective electric heaters currently on the market, it is also easy to setup and use.
As the name indicates, it is a poster similar to one you would hang on a wall. But, plug it in and it turns into a 300 Watt heater. The Poster Heater isn’t designed to heat hallways or large rooms, but rather smaller ones like a bedroom or a baby’s nursery or a dressing room.
It uses radiant heating, which means that it heats up in a couple of minutes and the heat is directed at the objects or people around it, quickly taking the chill out of the air and providing a comfortable ambient temperature.
The other advantage of radiant heating is that it doesn’t dry out the air like infrared or gas heaters. Users also don’t have to worry about their children or pets getting too close to it because, even though it gets hot, it can be touched.
To enter the competition follow the steps below:
Competition entry details:
3. The competition closes on 31 July 2018.
4. Winners will be notified via Twitter on 1 August and Takealot.com will be in touch to organise delivery.
5. The competition is only open to South African residents.