In the near future a robot similar to TARS from Interstellar, programmed to respond with wit and humour, could probably become an internal information network, responsible for streamlining communication and increasing the organization’s efficiency.
Over the years the HR function has evolved from performing a functional/ administrative role to Business partner to Strategic Partner. And today, driven by data, technology, and new interaction models, its role is shifting from managing bureaucracy to managing business assets and talent management. The information has become the key resource for the New Age HR.
Technology automates and streamlines processes in the employee lifecycle from hiring, onboarding, and training to compensation, benefits, retention, and exit. Other important areas under the purview of HR such as communication, compliance, centralized employee information, and so on are.
In a 2015 report, The Society for Human Resource Management identified employee engagement, talent retention, competitive compensation, and developing the organizational leaders for tomorrow as major human capital challenges. Technology will be a vital partner in dealing with these challenges, for example, Big Data helps to gain deep insight and allows HR professionals to make informed decisions based on facts and figures. Most time-consuming, routine and repetitive tasks such as keeping track of employees’ time, preferences and work patterns are already being automated. This frees up HR to focus on engagement challenges, increasing productivity, and aligning the human side of the organization with business goals.
Source: BW People
