Talent Management is without a doubt one of the most important factors driving success in organizations today. The erstwhile HR department has given way to a new and more evolved set of people practices that are focused more on business and talent management strategy than mere administrative functions. However, the advent of technology has brought into 9perspective a lot of the new benefits that talentmanagement has to offer.
Some of the most important technology innovations in talent management
include some automated functions. The following are some of the most prominent:
Corporate Learning Management Systems – This is the new age of the
cloud based personalized talent management system in Talent Management – ModernTalent
Management strategy recognizes that every employee’s learning and development
needs are different and new cloud based learning management systems are
gradually replacing the old manual training systems, which also includes
customized modules as per each employee’s needs. This is probably the second
most prominent trend in Talent Management in recent years.
Applicant Tracking Systems- While this technology was around for quite
a while in the talent management arena, modern applicant tracking systems use
the benefits of social media integration to provide Talent Managers with a
wider reach among the talent pool, and
not only that, the modern applicant tracking systems also contribute to the
talent management strategy of an organization by literally tracking references
and past recommendations of a potential hire, thereby giving a more integrated
and clinically precise view of a candidate than other orthodox methods.
HR Analytics Dashboards- This ranks the highest as the most prominent
Talent Management technology innovations in the recent times. HR Managers and
Talent Managers no longer run pillar to post trying to plan, frame or even
implement and track their policies and strategies. The HR analytics dashboard
is the modern one-stop shop for all HR policies, employee queries, functions
and even performance tracking. Yet another contribution of People Analytics in
an organization, the HR analytics dashboards have the capability to even
predict the performance of a potential hire, when matched against other similar
data. This is a powerful modern Talent Management technology tool and is
finding increasing favor in the world of talent management.
Telecommuting Platforms –Distributed workforces and the rise of the
shared economy have thrown up the need for a special Talent
Management strategy which does not rely on an employee coming to the
same office every day. Telecommuting is the order of the day and common
communication platforms rank as one of the most popular advancements in Talent
Management Technology in the recent times. From time and attendance tracking
online to even activity and project management, telecommuting platforms enable
employees to work from anywhere and at any time they choose. This flexibility
makes it by far the most significant advancement in talent management
technology today.
HR today is all about talent management, which includes talent
acquisition, compensation planning, implementation of strategies and
policies, straight up through to employee retention ,engagement and performance
management. As HR becomes more and more technology oriented, this is expected
to see a steep rise in the coming days.
The author has got his homework done. Pleasingly discussed. Great content! Much appreciated, especially the part where you explain Applicant Tracking Systems.
ReplyDeleteThank you sir!
Cheers!