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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Changing role of HR: A Study

Human capital is one of the most important assets for success. And to survive in this dynamic world, companies need to rethink their human capital strategies. Companies need to focus on identifying leadership, learning and development, culture and engagement, reinventing HR and performance management. It is time for the HRM department to redefine its role and focus on finding, nurturing, retaining the talent into their organizations. According to the annual Global Human Capital Trends survey 2015 India report, performance management and talent acquisition are considered important challenges in the short run and learning and development along with HR and people analytics are considered as long term challenges. Read more at: http://www.financialexpress.com/article/industry/jobs/leading-in-the-new-world-of-work/81532/

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Solution to Small Business HR Needs

Human Resource (HR) is an important function for any business. At the same time, not all businesses can afford to have a dedicated HR department. Not having one, is a cost saver. For small businesses facing such situations, there are a number of online HR tools available that can help them cope with the demands of HR needs. The following article at business2community.com lists 5 best HR tools. They are:

1) The Resumator

2) Zenefits

3) oDesk

4) Staff Squared

5) Jobatar

Review these HR tools and chose the one that fits the needs of your business in the best possible manner.

To know more about them, please visit the following link:

http://www.business2community.com/human-resources/top-5-human-resource-tools-01227232

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Performance Management: A Need for Change

According to a research by Society of Human Resource Management, “More than 75 percent of managers, employees and heads of HR feel that PM results are ineffective and/or inaccurate.

Performance management is considered as one of the most difficult tasks by HR managers. As, there may be different ways of performance evaluation available, but still something still looks left out. This leads to a need for disruptive innovation in this process. This is mainly because of two reasons:

  • Employee expectations
  • Disruptive market forces expectations

To understand them in detail and know why there’s a need to put performance back in performance management, please read the following article by Sameer Patel, SVP for Enterprise Social and Collaborative Software in SAP's Cloud Business Unit, at enterpriseirregulars.com:

https://www.enterpriseirregulars.com/89515/performance-management-needs-disrupted-pronto/

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