Human Capital Management (HCM) is turning out to be fertile ground for providers to develop use cases for data science. The recent HR Technology conference provided an excellent opportunity for us to learn about the offerings of six HCM providers that are embedding data science in their products and services. We conclude with ideas for future use cases that go beyond managing employee attrition and other early applications.
When implementing new enterprise systems, business process improvement should be done in parallel. Doing all of one before the other—whether process improvement first, or system implementation first—will result in failure. This post explains why.
With all the talk about smart devices as a new trend, there is one industry where smart devices are very old news: manufacturing. Production machinery has been computerized, not for months, not for years, but for decades. Yet, for the most part, today’s ERP systems do not leverage those smart devices on the factory floor. This post traces the history of connected factory machinery and how they offer a solution to untimely and incorrect transaction data entry in manufacturing systems.
Human capital management (HCM) is a hot area for new technology, at least based on the number of new vendor offerings. Why then has there not been greater adoption of the technology by HR practitioners? This post outlines three reasons why interest is high but adoption slow, and discusses what business leaders should do about it.
When thinking about innovation, business leaders often set the bar too high for themselves.
What executives need is a more expansive view of innovation and think beyond technology to business process and business model innovation. In this post, we provide a framework for thinking about innovation in the context of a specific business and industry.
Most business leaders realize that it is critical to select the right system and implement it successfully. Likewise, when it comes to advice about ERP, most analysts and consultants focus their attention on best practices for ERP vendor selection and implementation. But very few analysts pay attention to what happens after the implementation.
When it comes to business process improvement, the concept of best practices is enticing. Although the concept certainly has its place, there are often problems with how it is applied in practice. This post outlines best practices in applying best practices.