Information Systems and HR Information Systems changed the way of working. IS reframed the businesses way of operation. IS introduced new communication methods. Change the culture of organizations. Technology Improvement Hardware and Software advancement. Reliable and fast communication technologies. (ATM, Sonet, GB Ethernet, Wi-Fi, VoIP) More efficient and faster access to recourses. What is different now in the Human Resources Department? Human Capital People are organization’s most valuable assets Their value to the organization can be increased through targeted investments. Increasing their organizational value increases the performance capacity of the organization What is different now in the Human Resources Department? Cont. Merge strategic services and Human Resources Setting objectives and targets for individual and departments. HR are able to influence key decision makers. Business mentor. Be the advisor and counselor of the organization employees. Responding to the challenges Recruiting/Staffing Performance development and Direct hire for critical needs training Categorical rating Travel expenses Student loan repayments Work schedule flexible Work arrangement & work life Academic degree programs Flexible time/place Job sharing Child care Transportation subsidy Business casual dress Compensation/Benefits Relocation, bonuses Threat (Outsourcing) Outsourcing of HR functions is increasing Use of temporary employees, recruitment and testing Strategic and operating reasons to outsource Flexibility, time saving, cost reduction, reduction of legal liability, service quality Pros and Cons of Outsourcing HR Discussion/Comments/Q’s How can we make sure that our organization will be successful in their Human Capital strategies? What do you believe are the greatest barriers/challenges on having organizations succeed on their Human Capital initiatives? What will make you successful in your current career?
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