HR Technology & the Future of Work Patrick Riley: CEO & Co-founder.

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Presentation transcript:

HR Technology & the Future of Work Patrick Riley: CEO & Co-founder

A story of progress…

Our Mission: Accelerating people to the extraordinary.

Modern Survey measures the impact of workforce intensity on organizational performance.

Where is technology going?

Speed, Transparency and Integration are changing the way we work.

Information sharing Capturing knowledge Enables action Empowers people

INTEGRATIONINTEGRATION

Reduces cost Increases security Anywhere/anytime Better scalability/flexibility INTEGRATIONINTEGRATION

What does this mean for HR?

The pressure is on

Science Strategy Technology

Lead with Strategy

Where is your business headed? What will the workforce look like 5 years down the line? How will employees and customers connect? How will you communicate? How will you measure success?

Lead with Strategy How will the technology feel to your users? How will the data structures you use today, enable better productivity tomorrow?

Reinforce with Science Productivity Executive Roundtable Technology is enabling measurement like never before.

Reinforce with Science Candidate Source % of Jobs filled with external agency Job acceptance rate % of new employees with a recruiting fee % of vacancies filled internally # of responses per position Avg. # of interviews per open job position New Hire Retention Talent Pipeline New Hire vs. Former Employee Performance Hiring Manager Selection Effectiveness Manager Satisfaction Candidate Satisfaction Referral Rates Source Hire Cost per Bad Hire Cost per Hire Time to Hire Quality of Hire % of Job Vacancies Absenteeism Meetings per sale Dollar value of increased productivity Output per employee Qualified meetings People cost to revenue/profit Employee Engagement Onboarding Effectiveness Organizational Direction Intended Tenure Organizational Capabilities % of High Potential Employees Average Training Days per Employee % of Employees who are Mentors/Mentees Learning Opportunities Training Effectiveness % of Role with Job Descriptions Leadership Effectiveness Cost per Training Training $ vs. Payroll $ Cost of Turnover Average Time Employees in Same Function Exit Survey Turnover of New Hires Diversity Turnover Overall Employee Turnover Dollar Impact of Turnover Average Tenure of Exiting Employees Recruiting & Hiring Productivity Employee Opinions Training & Development Retention & Turnover Executive Roundtable

Reinforce with Science Focus on what should be measured.

Deliver with Technology The promise of the cloud.

Deliver with Technology Infrastructu re Product Platform

Deliver with Technology IaaS SaaS PaaS

Deliver with Technology Extra! Extra!! Big Data HTML5

Growing Trends

Strategy Align HR’s vision with the business plan. Science Measure and implement the right things. Technology Don’t get boxed in; choose platforms and approaches with flexibility. Winning Approaches

5& 55& 5 Before every strategy decision, think back five years and visualize five years forward.

Patrick Riley CEO & Co-founder Website: Blog: