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Beyond HCM Cloud
HR technology is not static. There is no finish line.
Over the past decade, organizations have made impressive strides toward establishing a new HCM Cloud foundation, and 90% of HR leaders¹ are currently planning to maintain or increase their HR technology spend. However, only 22% of organizations believe they are ready to use technology to improve work outcomes² and 48% of CHROs³ believe HR technology hinders the workforce experience. Why? What’s causing the discrepancy between investment and results? Deloitte has observed three consistent themes contributing to the gap between HR technology spend and the achievement of better outcomes.
Beyond HCM Cloud
Preparing your HR technology road map
Addressing the HR technology spend and outcomes gap
Combine these three themes together and it is clearly time for a new approach. Beyond HCM Cloud is Deloitte’s new way of helping organizations accelerate the development of a fit-for-purpose, iterative HR technology strategy and road map for today’s rapidly changing world. Does your organization have an outcomes-focused HR technology strategy? Can you articulate the link between HR technology investments and benefits to the organization? Get in touch to learn more.
Deloitte’s 2023 Global Human Capital Trends: New fundamentals for a boundaryless world
The boundaries that were once assumed to be the natural order of things are falling away as disruption and discontinuity challenge traditional models and assumptions about work. Organizations and workers must traverse this new landscape together, calling on a new set of fundamentals to navigate the boundaryless world. Explore the full report, including the Powering human impact with technology article.
1 Teresa Zuech, “Top 5 strategic technology trends for HR in 2021,” Gartner, May 12, 2021.
2 Michael Griffiths and Kraig Eaton et al., 2023 Global Human Capital Trends; New fundamentals for a boundaryless world.
3 Zuech, “Top 5 strategic technology trends for HR in 2021.”
4 Phil Albinus, “The HR tech start-up market is booming. What that means for HR,” Human Resource Executive, September 20, 2021.
Learn how Deloitte can help your organization address the gap between HR technology spend and the achievement of better outcomes.
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