3 steps to simplify global workforce management
In my previous blogs, I’ve shared my key takeaways from recent research on the Human Capital Management (HCM) challenges facing multinational companies. Today, I’ll share how HR leaders can apply those insights to more strategically manage their growing global workforces.
Here are my recommendations:
Streamline your infrastructure. Reducing the number of disparate HR and payroll systems your company operates is a great place to start. Not only will consolidation help you more efficiently manage employee data across multiple countries and/or jurisdictions, but it will also enable you to uncover workforce trends on a global scale to inform HR decision-making.
Focus on outcomes (not processes). With a unified HCM system, your HR department can shift its primary focus from administrative HR processes to more strategic initiatives that impact your company’s core business objectives. This is especially critical as companies expand into new markets and require HR leaders to find and recruit top local talent to support successful growth.
Focus on insights that matter. Start by determining which HCM areas will have the most impact on your company’s current business objectives. Then, make use of data analytics to hone in on the workforce insights that can help achieve those goals and drive business performance.
These three steps can empower HR practitioners to take a stronger leadership role as they support their company’s global growth with the right talent in the right place at the right time. Even better, these actions also help HR leaders become HCM strategists who play a key role in driving business performance long-term.
For a full recap of my key takeaways from this recent ADP Research Institute® study, check out my previous posts. You can also read the white paper, “Harnessing Big Data: The Human Capital Management Journey to Achieving Business Growth.”
What steps have you taken to simplify management of your global workforce? Share your comments below.
Read the original blog post here.