openPR Logo
Press release

Recent Whitepaper: Digitization of Human Capital Management (HCM)

05-01-2021 11:32 AM CET | IT, New Media & Software

Press release from: AllTheResearch

Human life and technology are closely linked- technology has been and still continues to make human life more comfortable. The world we live in is ever changing and constantly evolving. It’s a known fact that evolutions brings about a change in environment, technology and situations too. Fusion of technology in our day to day lives has made us more adaptable to our daily actions. As a result technology facilitates our life in general.

Organizations tend to rank their employees with the right skills and abilities to perform the certain tasks, but this is only one of many requirements of the HCM cycle.

An obvious problem that surfaces within all organizations today is the human resources management, the employee maintenance and handling, attrition stoppage, evaluation etc. Today organizations have turned towards usage of advanced systems for HRM. The impact of technology has changed the way the Human resource management over the years from the traditional style of functioning to creating a structured human resources strategy. Needless to say the digitization of Human Capital Management has played a pivotal role in organizational growth Digitalization in HR has been profound needless to say, playing a pivotal role in elevating HRM from being just a back office operation to being a strategic people centric operational flow.

This transition from being a totally paperwork backed to automated system and analytics has helped in enabling standardization, differentiation and automation in tandem with supporting strategic growth and competitive advantage.

Digitalization of HCM has been known to speed up the communication process by reducing cost, and aiding organizations in being more productive thereby increasing efficiency of work.

E-HRM has allowed parameters like performance appraisals to be conducted online using the corporate web interface.

It has become relatively easier as the manager and employee can co-ordinate and submit performance data directly to the Human Resources department via an e-platform. This practice, though criticized for lack of written evidence, reduces paperwork and is relatively easier to manage.

Digitalization in the HCM cycle has helped in providing both deep and broad functionality through a user friendly and an intuitive cloud based solution

Digitalization in the HCM cycle should be understood as a technological revolution that has already taken place, while the technology itself represents the new human era in the 21st century

Radical and rapid change is required for an advanced workforce in both its use and adaptation making this link between Digitalization and HCM a productive power resisting stiff competition and changes

To Read Complete Whitepaper please click on Download:

Reach Out to Us:
Contact Name: Rohan S.
Phone: +1 (407) 768-2028

About Us:
AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision-making made us realize, that it’s not just sheer data points, but the right analysis that creates a difference. While some clients were unhappy with the inconsistencies and inaccuracies of data, others expressed concerns over the experience in dealing with the research firm. Also, same-data-for-all-business roles was making research redundant. We identified these gaps and built AllTheResearch to raise the standards of research support.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Recent Whitepaper: Digitization of Human Capital Management (HCM) here

News-ID: 2278412 • Views: 588

More Releases from AllTheResearch

Industry Update: Healthcare IT Integration Market will Reach 7.5 Billion by 2027
Healthcare It Integration Market Analysis 2021 covers the global and regional market with an in-depth analysis of the market's overall growth prospects. Global Healthcare It Integration market growth to reach 7.5 Billion USD in 2027 with a CAGR value 12.2% from 2021 to 2027. Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation. Product values are estimated based on manufacturers’ revenue and regional markets for Healthcare
Demand for 5G Antenna Market to Witness Rapid Surge During the Period 2021-2027
5G Antenna Market by Type (Switched Multi-Beam Antenna, Adaptive Array Antenna); by Technology (SIMO, MISO, MIMO); by Application (Mobile Phones, Factory Automation, IoT, Connected Vehicles, Others); and by Region (North America, Europe, Asia Pacific, Latin America, MEA); - Global Forecasts 2021 to 2027 The Global 5G Antenna Market is an emerging market in the present years. The report covers the present and past market scenarios, market development patterns, and is likely
AI Sensors Market to Grow at CAGR of 36.5% Through 2021 to 2027
AI Sensors Market by Type (Case-based Reasoning, Ambient-intelligence, Neural Networks, Inductive Learning, Other); by Application (Biosensor, Health Monitoring, Maintenance and Inspection, Human-computer Interaction, Others); and by Region (North America, Europe, Asia Pacific, Latin America, MEA); - Global Forecasts 2021 to 2027 AI Sensors Market was valued at USD 15.6 Billion in 2020 and is expected to reach USD 138.5 Billion by 2027, with a growing CAGR of 36.5% during the forecast
Last Mile Delivery Market Will Expand at CAGR of 18.9% by 2027
Last Mile Delivery Market by Vehicle (Light Duty Vehicle, Medium Duty Vehicle, Heavy Duty Vehicle), by Cargo (Dry Goods, Postal, Liquid Goods), by End User (Chemical, Pharmaceutical and Healthcare, FMCG, E-Commerce) by Region (North America, Europe, Asia-pacific, Rest of the World): Global Forecasts 2021 To 2027. The global Last Mile Delivery Market was valued at USD 18.7 Bn in 2020, and it is expected to reach USD 62.7 Bn by 2027,

All 5 Releases