HireLabs Perspective: The Bottomline III
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HireLabs | Perspective HCM and Talent Assessments: The Bottomline - Part III of III A HireLabs Inc. Research July 2009 Steps to HCM success through Talent Assessments In the first and second part of this exclusive 3 part series on aligning performance management systems with organizational development needs, we discussed how sharing best practices, accountability in objectives, and data mining, compliance, employee engagement, and management skills can increase the success co-relation between employee assessments and HCM implementation. In the final part of The Bottom Line, I will discuss key strategic concepts that has the potential to help lay down the principles that could increase the scope of your company’s existing HCM models to integrate seamlessly with employee assessments. The following final critical factors will be put forth: Leverage time lines Feedback The Bottom Line HireLabs | Perspective Talent Series 2.0
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Steps to HCM success through Talent Assessments In the first and second part of this exclusive 3 part series on aligning performance management systems with organizational development needs, we discussed how sharing best practices, accountability in objectives, and data mining, compliance, employee engagement, and management skills can increase the success co-relation between employee assessments and HCM implementation.In the final part of The Bottomline, I will discuss key strategic concepts that has the potential to help lay down the principles that could increase the scope of your company’s existing HCM models to integrate seamlessly with employee assessments.The following final critical factors will be put forth:• Leverage time lines• Feedback• The Bottom Line
Transcript of HireLabs Perspective: The Bottomline III
HireLabs| PerspectiveHCM and Talent Assessments: The Bottomline - Part III of III
A HireLabs Inc. ResearchJuly 2009
Steps to HCM success through Talent Assessments
In the first and second part of this exclusive 3 part series on aligning performance management systems with organizational development needs, we discussed how sharing best practices, accountability in objectives, and data mining, compliance, employee engagement, and management skills can
increase the success co-relation between employee assessments and HCM implementation.In the final part of The Bottom Line, I will discuss key strategic concepts that has the potential to help lay down the principles that could increase the scope of your company’s existing HCM models to integrate seamlessly with employee assessments.The following final critical factors will be put forth:
Leverage time lines Feedback The Bottom Line
HireLabs | Perspective
Talent Series 2.0
Step 7One of the key principles of any resource planning system is to make efficient use of resources invested. In that context, too much time spent on implementation and troubleshooting takes away an organization’s ability to concentrate on what really matters to the business – key departments and their heads should only be focused toward revenue generation through value propositions for customers.
For an HCM model to be successful in integrating employee assessments into the process will almost definitely save on valuable time which lets clients get back to investing time into their business, and not their HCM implementation projects.
This could further on help save clients enormous amounts of money – to achieve reduced costs without compromising on quality.
Step 8Feedback: Working and help your clients set and meet quality objectives, with a transparent communications process providing regular feedback. On-time feedback should form one of the critical factors of HCM implementations. This can help reduce stress, firefighting, and reduce last minute verification of data.
A total peace of mind is what the HCM – Assessment model should aim for – and Provide!
Step 9From integrated business processes to expert available knowledge pool in the market, an HCM implementation must aim to secure strategic positioning by integrating employee assessments to deliver on-time and on-demand workforce requirements. Once that happens, the overall business benefits will be obvious. Catering to overall strategic business challenges, the HCM model, along with employee assessment systems will help improve the bottom line through efficient management of productive employees, increased workforce utilization & mix, improved talent supply chain management, dynamic adaptation to business challenges, and improved collaboration between all key stakeholders.
HireLabs | PerspectiveHireLabs | Perspective
have been used in talent identification and at leadership development programs at organizations including
and government agencies that are looking for an integrated human resource solution to better manage their talent. Hisstrong background in operations and finance has earned him a seat on the Board of Directors of Medicove, IntelligentFilms, and HireLabs. Mr. Qureshi conducted research in cellular biology. His interests reside in using concepts of SixSigma in building intelligent systems to predict human behavior.
About HireLabs Inc.
Mr. Qureshi, a serial entrepreneur, devised a methodology of quantifying human behavior through a process of Six
About Saleem Qureshi
Sigma. He holds a number of patents in the quantification of human behavior. His techniques of pairing and matching
HireLabs is a talent assessment company that grew out of Stanford University. It has used it’s intellectual propertybuilt over the last 9 years and built a highly scalable technology which is currently provided as a S.a.a.S solutions forworkforce development.
All products/services names, providers, and solutions mentioned herein may be the trademarks of their respective owners.
www.hirelabs.com
HireLabs | Perspective
No portion of this document may be produced in any form without the prior written approval/permission of HireLabs Inc.
LeadershipDNA, where he served as Vice Chairman. He recently developed the ‘ iHR’ concept for institutional clients
Copyright © HireLabs Inc. 2009. All rights reserved.
Note: The Bottomline can also be accessed online at www.hirelabs.com/blog.
