Much has been spoken about the goal of effective Human Capital Management (HCM), but building a strategy that incorporates the best business practice with the best technology infrastructure isn’t easy, particularly when many of the benefits are hard to quantify.
Now, there’s a paper from PeopleSoft available on HR Zone which provides practical insights into that challenge. Assessing the real issues that face HR, it explains how tangible benefits can be achieved in a cost-effective manner, embracing the best of the technology available today to deliver measurable value in a manageable change environment.
Some advances are process-oriented, some rely on sophisticated analytical tools – but all are attainable within the cost- and time-constraints that dictate investment decisions today. The goal set out here is one of continual optimisation – the tactics and strategy that allow organisations to gain, retain, and enhance competitive edge.