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How HR Tech will affect HR Department in 2020
The document discusses how HR technology will transform HR departments in 2020, highlighting the evolution of the HR software market driven by organizational changes, talent scarcity, and advancements in AI. Key impacts include the shift toward productivity beyond automation, the adoption of various solutions instead of an all-in-one platform, and the increasing emphasis on data analytics for decision-making. It also encourages HR professionals to embrace digital technology and proactively seek innovations rather than waiting for them to emerge.
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How HR Tech will affect HR Department in 2020
- 1. How HR Techwill affect the HR Department in 2020
- 2. About Me • Co-founderof The Resource Group, a boutique agency that specializes in HR and grant consultancy for SMEs. • Over 15 years of entrepreneur experience in HR over 5 companies. • Co-author to career guide book – ‘Everything You Wish To Ask a Headhunter’ • HR Entrepreneur of the Year in 2013 • HR Tech Blogger at adriantan.com.sg.
- 3. While the historyof HR is long and varied, changes in technology and globalization have forced organizations to rethink how they function in the new business environment.
- 4. How the HRSoftware Market Has Evolved
- 5. What is causing thechange?
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- 9. 2. Talent sourcesare getting more scares
- 13. 3. Proliferation ofAI, Machine Learning
- 16. JP Morgan LegalContracts Review AI of a year’s worth of contracts By Humans • 360,000 professional hours By AI • 2.85 seconds Source: https://futurism.com/an-ai-completed-360000-hours-of-finance-work-in-just-seconds/
- 17. 4. Productivity iswaning
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- 20. How the HRSoftware Market Has Evolved
- 21. 3 major areasof impact
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- 38. 1. Beyond automation-> Productivity
- 39. 2. Brace forsuite of solutions, rather than an all-in-one platform
- 40. 3. Performance management will nolonger with an annual affair
- 41. 4. Embracing feedback fora better workplace
- 42. 5. Never-ending warfor talents calls for better fighting machines that operates in a talent driven market
- 43. 6. Replacing “gut-feel” withdata (analytics)
- 44. What to doas HR in 2020? EXPERIMENT BE COMFORTABLE WITH DIGITAL TECHNOLOGY SEEK OUT INSTEAD OF WAITING FOR THINGS TO ARRIVE
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- 47. How HR Techwill affect the HR Department in 2020