Dive Brief:
- A Forbes.com article by Meghan Biro, founder and CEO of TalentCulture and co-founder of the #TChat World of Work Community, says "HR is experiencing a watershed moment."
- She writes it’s the shift to a new paradigm: HR and Technology is essential to the success of an organization. This is culture.
- She writes that HR has become an integral, critical component in the functioning of business, from strategy to operations, customer experience to culture. It’s no longer a tangent, or a bunch of middle managers working in a bubble of regulations and number-crunching somewhere on the seventh floor. As such, she offers 10 facets of "HR meets technology" and why culture remains a top priority.
Dive Insight:
Biro's 10 facets include: HR as a discipline is gaining traction; HR is connected to strategy; HR is critical for success; HR is insightful; HR is a data-driven culture, and HR is part of a competitive reality, among others.
Biro writes that culture has to be generated with leadership to be internalized by an organization: only leadership can embody that culture into every facet and function. The new HR leader has a mandate to embrace analytics and metrics to problem solve, and stitch them into every function of talent management.
Biro points to a statistic from Josh Bersin:14% of companies that have invested in data-focused HR far outperform those that haven’t. Recruitment efforts are two times more effective, and stock returns outperformed their peers by 30 percent over the last three years. It’s a clear example of the future as now, she writes.
