Enabling a path for growth in the technology industry
The role of HR in High Tech, just as in any industry, is essentially to ensure the best talent possible is employed and sufficiently engaged to be a strong performer for the company – doing work that adapts to the needs of the business in any economic environment. Now, the increasing significance and availability of Cloud services for the HR function offers companies a chance to do more with less and to do it faster, cheaper and with greater flexibility. The Cloud can help create new HR opportunities for matching and continuously developing HR processes according to business needs and for both small-midsize (SMB) and large enterprise High Tech companies, the Cloud provides the opportunity for HR and Talent functions to adapt to changing business needs dramatically and quickly.
However, a strategic roadmap, based on the current level of functional maturity is needed to assess how to use Cloud services most effectively. Our experience with leading High Tech companies has shown that rapid adoption of Cloud technologies in the HR space is becoming a competitive advantage, enabling even SMB growth companies to run efficient performance management processes, savvy recruiting, advanced analytics, best-of-breed learning, effective onboarding and retention programs — processes that were traditionally reserved for larger, mature players.
As a result, HR/Talent leaders need to recognize the impact of the Cloud on their HR and Talent strategies and that rapid adoption of Cloud technologies in the HR space is becoming a competitive advantage. In our new point of view, HR Cloud: Enabling a path for growth in the technology industry, we cover three factors that need to be taken into account to achieve this:
- What the Cloud offers and how it fits with the business agenda.
- The stage of development or maturity of the HR function.
- The scale of the business, as small/mid-size businesses (SMBs) and large enterprises confront differing challenges when implementing the Cloud.
Learn how Deloitte’s HR/Talent Maturity Model and the development of a strategic roadmap can be used to gauge the sophistication of a company’s HR and Talent functions and why CHROs in the High Tech industry, especially in small and mid-size companies, need to accelerate the evolution of their HR organizations and implement market leading HR/Talent Cloud strategies if they want to accelerate growth and stay ahead of their competition.