BCIS 4690 - Assignment 4B PDF

Preview

Summary

Download BCIS 4690 - Assignment 4B PDF

Description

Ryan Murray

[4,4,4]

Assignment # 4B Topic: HR and IT Executive Summary Significance and Relevance: This article talks about how Technology is changing the ways of HR in companies in five particular ways. According to a network of leading HR market analysts, global HR technology venture capital has topped $3.1 billion this year, more than triple the amount invested in 2017. The first way technology is changing HR is that AI is making recruitment smarter. The AI automation is making it easier to find more qualified candidates for the job opening. The second way technology is changing HR is that it is making compliance more efficient and sophisticated. Staying compliant has often been a major challenge for HR teams. Laws and regulations are constantly changing and often require vast amounts of paperwork and information. Companies have employed tech solutions for those issues making them able to more effectively navigate these changing rules. The third way technology is changing HR is that analytics drive better performance management. HR teams can apply analytics to sentiment data generated from hundreds of interactions between employees and managers as part of the performance management process. Analyzing sentiment data helps HR to identify opportunities for coaching and allows managers and employees to benchmark their performance. The fourth way technology is changing HR is with better analytics helps boost diversity and inclusion. McKinsey & Co.’s 2017 Diversity Matters II report says there’s a positive correlation between a more ethnically and gender-diverse leadership team and an increase in profits. Consumers are also more frequently looking for companies that value diversity, and that will have an impact on recruiting strategies. The fifth way technology is changing HR is that it is give a more strategic role for the HR. Technology has given HR professionals tools that reduce the time they have to spend on administrative tasks, allowing them to focus on issues that require more hands-on attention. Implications for Company and/or IT Department:  

Advancements in technology has helped the HR team become a more valuable asset to a company. The automation helps finds stronger candidates for the IT Department making the IT Department a better functioning team.

Implications and impact for CIO:  

The CIO is always looking for new and better improvement for all sections of a business if it means that the company will become stronger and more profitable. The CIO depends on the HR department to do their job in hiring the most qualified individuals to bring to the company.

Biro, M. M. (2018). 5 Ways Technology is Changing the Face of HR. Retrieved February 25, 2019, from https://talentculture.com/5-ways-technology-is-changing-the-face-of-hr/....