Many organizations pursuing cloud computing to revolutionize the HR function with data-based decision-making, cost advantages and new value for the bottom line are discovering that HR transformation entails much more than simply plugging into the Cloud. Now in its 19th year, the HR Transformation Survey (formerly known as the Towers Watson Service Delivery and Technology Survey) reveals that a growing number of organizations that have selected new HRMS technology are opting for cloud-based solutions. Firms meeting expectations are relying on a strategic approach to change management that generates a broader and deeper range of transformational benefits.
Research and commentary from the report shows that organizations connecting their cloud technology to their people, processes, change management strategies and programs are succeeding in their HR transformation journey, while those who do not are largely failing to meet the mark.
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About this survey
During February and March of 2016, 854 executives from 52 countries participated in the survey. One-half of respondents were from companies that operated at a global level. Respondents represented a wide cross-section of industry sectors, led by Financial Services (19 percent), Industrial Goods and Services (15 percent), Technology and Telecom, Media (14 percent) and Professional and Business Services (12 percent). Forty-four percent of respondents were from organizations with more than 5,000 employees and 40 percent were vice presidents and/or heads of the organization’s HR function. This marks the 19th consecutive year that this market study has been conducted.