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Blockchain technologies have great potential to transform business and is already influencing digital transformation journeys of organizations. But what could the technology do for HR?
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Blockchain – the decentralized ledger technology most commonly known as the foundation for Bitcoin and hundreds of other digital currencies – looks like it will soon change the way the HR industry operates.
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A wealth of tech-based solutions have flooded the HR industry in recent years, providing efficient, cost effective alternatives to otherwise old and archaic processes. However, with so many tools to choose from, it can be difficult to identify the right platforms to be investing in now.
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HR leaders are often perceived by line managers and senior executives to deliver the most value when they are firefighting (a.k.a. dowsing “talent fires”).
Quick HR fixes, like filling a vacancy with a pricey new hire or instantly meeting demands for pay raises, may lead to near-term wins. But costly ad hoc solutions can have a negative long-term impact if they are applied to roles that end up being less valuable to the business.
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For the average person, data without a narrative is like a trip into the wilderness without a compass: overwhelming and disorienting. But when the facts are tied together by a good story, an otherwise intimidating journey turns into an enriching experience.
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As consumers, we’ve never had it so good. The exceptional, design-led experiences offered by the likes of Instagram, Airbnb and Amazon, are seamless, intuitive and satisfying. They work so well because they’re designed around the unique needs of individual customers, and these brands have taken great efforts to ensure the customer experience is frictionless and personalized.
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You may be an outsider with some preconceived notions about the profession and its impact on the market, or you may be in HR yourself and unaware of just how significant an effect great HR practices can have on your organization. Or, you may just love lists, no matter what they’re about. Regardless of your background, we think you’ll find these HR facts, predictions, and growing trends interesting.
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The purpose of a strategic plan is to provide direction – to move your organization forward toward its ultimate vision of success. When everything goes right, it can breathe new life in an organization and lead to a powerful transformation. In other words, it’s a good thing.
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The Brexit Day countdown is on, and yet, political tussles over whether the UK will keep its close financial services ties with the European Union show little signs of resolving. For large American banks using London as a major European hub, this means there are still multiple futures ahead, each carrying its own implications for talent supply and demand.
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