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Joining the dots between business and HR Strategy

Learn how technology can be leveraged to synchronise HR strategies with wider business goals.

by OneAdvanced PRPublished on 8 October 2024 4 minute read

In today's competitive market, aligning HR strategies with overarching business goals is more crucial than ever. Technology stands at the centre of this alignment, offering ways for HR teams to gain tangible insights into workforce trends, predict needs, and tailor talent management strategies accordingly.

By integrating modern HR software solutions into their processes, organisations can streamline recruitment, performance management, and employee development, ensuring these activities are in lockstep with the strategic priorities of the company.

This seamless connection between business objectives and the workforce enhances overall productivity and drives employee engagement too.

The role of organisational design

The evolution of organisational structures towards greater agility is supported by technological advancements. Digital platforms, such as Cloud-based solutions, facilitate flexible work arrangements, empowering employees to collaborate effectively from an array of locations.

Consider the case of a global retail chain that implements an innovative Time and Attendance system, resulting in increased scheduling efficiency and boosted employee satisfaction. Through technology, HR functions become more responsive and adaptable, contributing significantly to sustainable growth and positive change within their respective organisations.

Future skillset of HR Professionals

The integration of digital solutions in HR functions opens a whole host of opportunities for skill development. Online learning platforms allow employers to nurture their employees through targeted learning and development initiatives.

These platforms provide HR professionals with access to courses and resources that enhance digital literacy, data analysis capabilities, and change management skills. HR departments utilising digital tools for training are far more likely to experience greater buy-in among employees with professional development activities.

Innovative systems also empower HR teams to implement sophisticated analytics strategies, enabling them to make informed decisions that significantly contribute to overarching organisational success. The demand for data-driven insights has never been higher, making it essential for HR professionals to cultivate analytical prowess.

Retail workforce and the shift in tech investment

When examining the retail workforce, it's evident that a majority are frontline or desk-free workers, who typically don’t have access to the corporate information and tools seen in the back-office. Globally, around 80% of the workforce are desk-free, yet they receive less than 1% of tech investment.

Historically, tech investment in retail has often been driven by a desire to boost revenue or reduce costs rather than improving outcomes for people. However, this is rapidly changing as organisations recognise the untapped value in enhancing the employee experience (EX) they offer.

Commercial strategic alignment - HR and IT collaboration

Technology serves as a catalyst for fostering collaboration between HR and IT departments. Together, these teams can integrate HR technology solutions that elevate the employee experience and align with business objectives.

For example, AI-driven recruitment tools and employee engagement platforms can be seamlessly implemented to boost efficiency and effectiveness. This partnership creates a robust digital ecosystem that supports agile working environments and empowers employees to thrive, driving both commercial and strategic success.

When selecting new technologies to implement, HR leaders should liaise with the IT team and consider the following characteristics:

  • Integration and compatibility - Ensure seamless integration with existing systems like payroll and POS to avoid data silos. Companies that achieve smooth integration across their processes often report much higher operational efficiency.
  • Scalability and flexibility - Choose tools that can grow with your business, accommodating additional employees and new workflows. A flexible system can eradicate future scaling costs and minimise the stress that comes with growth.
  • User experience - Prioritise user adoption to ensure a successful transition. Systems with intuitive interfaces are much more likely to see a higher adoption rate. With Millennials and Gen Z soon to dominate the workforce, solutions need to be consumer-grade to meet their expectations.

Emerging trends and the impact of AI

As organisations continue to embrace digital transformation, several key HR technology trends are emerging. The greater adoption of workforce management tools promises to streamline processes, improve communication, and enable even more remote access.

With advancements in Cloud computing and mobile functionality, frontline workers will be able to perform a higher number of tasks remotely, reducing the constant need for physical presence and allowing for greater flexibility.

This shift not only supports a better work-life balance but also enhances productivity by providing access to essential tools and information from any location. It empowers employees, giving them far greater control over their schedules.

The adoption of AI tools in the workplace introduces even more sophisticated HR processes, supporting efficient and adaptable scheduling. By leveraging AI, companies can optimise shift patterns and resource allocation, meeting operational demands while accommodating workforce preferences.

This technology helps predict peak times, manage workloads in a smart manner, and reduce the administrative burden on managers, team leaders, and HR teams, all contributing to a more balanced and satisfying work environment. AI is playing an increasingly pivotal role, offering solutions for mundane tasks like data validation and enhancing workflows with intelligent insights.

As workforce expectations evolve, embracing these trends will be crucial for organisations aiming to attract and retain top talent in a highly competitive market. By aligning HR strategies with business goals through technology, organisations can ensure they not only meet current demands but also prepare for the future, achieving long-term success and sustainability.

Those who invest in understanding and implementing these advancements will undoubtedly lead the charge in cultivating a modern, agile, and effective workforce.

 

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OneAdvanced PR

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