Tech Trends to Watch
There is increasing pressure to calculate return on investment.
Decision-support tools are just one of several HR technology trends that HRshould keep an eye on this year, according to Watson Wyatt, a global consultingfirm specializing in human capital and financial management. Here are some othertrends that HR should follow:
Enhanced workplace portals and intranets. As enterprise portals evolveinto worker productivity tools, several HR domains will benefit from new onlinesolutions, including e-health tools, defined contribution health care models,compensation systems, and performance management tools.
Increased technology access to more workforce segments. Companies willcontinue initiatives to get more employees Web-connected, allowing greateraccess to corporate systems and HR information from home or travel.
Greater reliance on ROI tools. Top management will exert more pressure on HR to justify investments in HR technology through ROI analysis and business case development.
Growing focus on optimizing current HR systems. Sensibility will be thekey factor as companies seek system optimization and integration solutions.Optimization trends will include improving legacy systems and connectingexisting disparate systems.
Increased use of virtual workplaces. With an eye toward increasing workerproductivity, approaches such as online meetings, project team workspaces, Webconferences, and video conferencing will continue to gain popularity.
Demand for better integration and collaboration between vendors. HR willcarefully select technologies to meet overall business needs and examine howvendor services can be bundled.
Workforce, June 2002, p. 53 -- Subscribe Now!