HR is at the forefront of talent strategy and is an expert and integral role in the organization. Market leaders are looking for ways to continually optimize HR Technology activities and processes to drive innovation. To stay relevant in the digital age, HR must work to nurture talent in the workplace, making learning at the heart of HR. To do this, you need the right people, tools, and processes, and HR managers need unified platforms that enable a single point of entry for managing talent, learning, and workforce.
While these HR Technology solutions may initially seem like a simple and easy way to solve specific problems and needs, it’s impossible to access data across systems, and business satisfaction with integration remains low. With HR at the helm of the talent strategy, leaders struggle to bring together multiple different pools of data to make smart talent decisions. The state of the learning and talent market is quite complex, with too many technologies combined, creating a fragmented ecosystem for HR and business leaders and a poor user experience for employees.
Organizational needs have changed as a result of the digital transformation and the emergence of the knowledge-based digital economy. With this fundamental economic shift, we have seen production and consumption shift from the means of production, such as production and agriculture, to intellectual capital. Think of today’s tech giants like Facebook, Amazon, and Tesla. A significant percentage of the value of these organizations resides in the knowledge, skills, and capabilities of their employees. These changes, along with the increasing pace of innovation, have rewarded recruiting and retaining the best talent for organizations of all sizes.