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Human Capital Transformation Evolution

Human Capital Transformation Evolution. Human Capital. Evolution. Transformation. Human Capital Transformation Evolution. Human Capital Transformation Evolution Strategy. Human Capital management strategy comprises three primary characteristics:

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Human Capital Transformation Evolution

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  1. Human Capital Transformation Evolution

  2. Human Capital Evolution Transformation

  3. Human Capital Transformation Evolution

  4. Human Capital Transformation Evolution Strategy Human Capital management strategy comprises three primary characteristics: • The organization's people-based programs, processes and technology are strategically integrated to maximize business results. Strategic HR does not exist in a functional silo that is isolated from the rest of the organization. • Leadership, management and HR work together to develop and deliver effective, efficient people-based programs, process and technology to the organization. HR measurably tracks the organization's progress against goals. • The administrative and compliance requirements of human capital management are conducted at minimum cost and are delivered at acceptable service levels in alignment with the strategy of the organization. The organization uses technology to allow HR to shift its effort to more strategic activities and to focus on supporting the business.

  5. Human Capital Transformation Evolution How to get started with Human Capital Transformation • Establish a clear goal • Get everyone on board • Don’t overcomplicate things • Prioritize ideas • Assess performance • Culture is important

  6. Human Capital Transformation Evolution The stages of Human Capital Transformation • Business as usual – This one is pretty self-explanatory. • Present and active – Various experiments throughout the organization drive digital literacy & creativity. • Formalized – This is where the business relevance comes in. If it’s not relevant for the business, the leadership shouldn’t support it – although that’s not always the case, unfortunately. • Strategic – Individuals realize the power of collaboration. Their shared efforts and insights lead to new strategic roadmaps. • Converged – This is where a dedicated digital transformation team is formed to guide the company strategy and operations. • Innovative and adaptive – Digital transformation has become the new ‘business as usual’ and a new ecosystem is established

  7. Human Capital Transformation Evolution

  8. Human Capital Transformation Evolution– Design Principles Values & Culture Efficient Responsive Organisational Memory Touch & Technology Paperless Consistent, scalable, repeatable delivery across India

  9. Human Capital Transformation Evolution What next The Start The Means • Recruiting • Onboarding • Training • Workforce Planning • Recognition • Transfer • Performance Mgmt • Compensation • Benefits • Talent Mgmt • Leave Mgmt • Exit • Analytics • Promotion • Payroll • Employee Communication • T&E and Procurement • Personal Events People Efficient Interactive dashboards – More power to managers Responsive Process Paperless Greater insights into the employee – Informed decision making Organizational Memory Technology

  10. Human Capital Transformation Evolution

  11. Human Capital Transformation Evolution The Beginning ….. Prateek Dubey Prateek.Dubey@rediffmail.com +919711983451

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