How HR Tech Is Transforming HR Management?
HR Tech is internal resources that increasingly facilitate HR business processes and improve the search for information and knowledge around the companies. When executives have people in place to manage HR Tech, the organization can see increased revenues, better satisfaction by employees and customers, and most importantly enhance their own effectiveness as senior business leaders.
Executives are effectively role models for their employees and they are often admired and respected by subordinates. Thus, HR Tech could be perceived as a critical resource by organizational members because an executive becomes a role model who uses this kind of technologies in order to build shareholder value. Executives can, in fact, serve as role models who highlight the importance of the application of HR Tech within companies.
Human Resource Information System
HRIS (Human Resource Information System), as one would imagine, is often associated with data, information and communication dispersed within companies. HRIS as the application of technology to HR business processes to gather data and information that is valuable to executives. Therefore, HRIS develops and disseminates information throughout the organization which, in turn, is an important factor of sustainable competitive advantage. HRIS can, therefore, play a crucial role in improving the search for information, and can subsequently develop organizational knowledge as the most strategic factor of competitiveness.
Human Capital Management
Knowledge integration is one of the main reasons for the existence of companies. HCM (Human Capital Management) as an important resource for strategic planning for knowledge integration. Executives can use HCM to enact HR business processes aimed at coordinating intellectual capital within organizations. HCM can, in fact, allow executives to be knowledgeable of HR business processes toward meeting determined milestones stated in the strategic plans. Herein, HCM enhances learning and sharing information by providing access to accurate information and knowledge, and stimulates new ideas and knowledge generation, transfers to other members and departments, and improves knowledge capturing, storing, and accumulating, aiming at achieving organizational goals.
Human Resource Management System
HRMS (Human Resource Management System) can be used by executives to the vertically and horizontally exchanging information. Herein, HRMS manifests itself as a synthesizer of data, information and knowledge. Thus, HRMS as a combination of systems and processes can encourage executives to embark on technological facilities to provide new and possible solutions for solving organizational problems. HRMS can also provide the ways to enhance interactions among members and departments within organizations. This software can, therefore, effectively eliminate the barriers of communications while improving the extent of information sharing and access for all employees at various levels of the organization. Ergo, HRMS supports knowledge by enabling interactions and providing more comprehensive and effective solutions to solve organizational problems.
As executive use HR Tech for facilitating HR business processes, HR Tech becomes decision-aid tools. HR Tech can help executives propel new ideas and solutions to generate store and retrieve information. Thus, enabling companies to generate more innovative solutions for organizational problems.
Written by Mostafa Sayyadi. Have you read?
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