Which lens are you using?
Despite the obvious benefits and competitive advantages to be gained, however, the latest survey shows that just 20 percent of organizations have implemented cloud-based HRMS systems in the last 18 months and just one-third currently plan to do so. Three quarters of organizations indicated they did not achieve ROI targets with their cloudHRMS initiatives.
Businesses in many cases are failing to transcend the gap between knowing what’s needed and doing what’s needed for real progress, combining modern technology with new processes and skills to propel HR into the 21st century. Somesay they are changing their technology but not their operating model, while others are simply biding their time, apparently poised to see history happening to them, rather than making it happen for them by taking control of their destiny in a digital world. Failing to pursue a strategic, highly proactive approach to change becomes increasingly risky as today’s technology megatrends continue to redefine markets, business models, workforces and customer relationships.
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