Paving the way for HR transformation
The use of digital technologies like AI, predictive analytics, and cloud technologies has also proven vital in transforming the HR function. In addition to helping companies re-create existing modes of work and collaboration, HR transformation equips HR with the right tools and technologies to be more strategic. With the aid of digital technologies, HR teams across the board can improve employee experience, automate transactional processes, and get deeper insights into the workforce.
HR transformation has become critical to business success with its wide range of applications and high success rate. While new-age compensation and payroll management help companies manage a distributed workforce, real-time AI-driven employee development tools provide HR leaders with the technological advantage to address their company's skill challenges.
While HR transformation today is a cornerstone of a productive workforce, its successful execution remains equally challenging. As with other aspects of digital transformation, its success hinges on proper planning, correct change management, and the right structural support. Having a trustworthy partner like Alight who can help you navigate the process at each step increases the chances of success.