A true transformation:
Human Capital Management (HCM) can refer to both a business strategy and a set of IT applications and other technologies that are used to implement that strategy. It refers to the traditional administrative functions of Human Resources departments, such as: recruitment, training, payroll, compensation and performance management.
But we are in a new digital era and staying with the traditional would only leave us stagnant, it’s time to look to the future and start working on innovative, agile and productive experiences to get the most of the human talent of our organization: today is the day to evolve from Human Capital Management (HCM) to Human Experience Management (HXM), to drive true engagement and business value.
HXM views the workforce as more than the cost of doing business. It’s the core business asset whose value can be maximized through investment and strategic management, just like any other asset within the business.
Due to the situations currently experienced, large or small companies must be adaptable and resistant to face unforeseen changes. The best way to prepare for uncertainty is to put people and your expertise at the center of it all. Listening to their needs and providing them with the tools and information they need to be productive will create the foundation for a truly agile business.
Today human talent has its focus on the work experience offered by companies. Ultimately, employee experience drives engagement, retention, and business impact.
However, the most worrying thing is that although organizations are focusing more on the employee experience, they dont’ feel equipped to address it, many know the problem but few know how to face a solution. And now more than ever, traditional approaches to employee experience just aren’t enough.
Human Experience Management (HXM) is a new way of implementing software, designed entirely around what people need, how they work, and what motivates them. HXM shifts the focus on traditional HR processes to provide experiences that serve employees first and, as a result, better serve the company.
SAP SuccessFactors Human Experience Management Suite, provides powerful solutions for human resources and payroll, human talent management, employee experience management, and people analytics to help employees throughout their careers, thereby making it easier for them to HR leaders accelerate business growth.
With HXM, human talent management is transformed and its power is maximized to create a truly dynamic, engaging and employee-focused experience.
At Dextera we help your company meet the demands of today and prepare for tomorrow, providing experiences that keep your employees motivated, connected and productive.
You want to know more? Download our guide to transform the management of human talent to the true human experience.
Business leaders must seek solutions that support seamless, personalized interactions that provide seamless and dynamic experiences for people, teams, and their organization.