In this digital era, when advanced technology like Artificial Intelligence and Machine Learning has been transforming each and every industry in our country, how can Human Resource Management (HRM) be left behind? Even HR is going through a new wave, which is called as HR 3.0. Through HR technology, the complex HR processes like recruitment, performance management, employee engagement, payroll among other have been simplified and can be performed in just a click. Energing technologies have completely revolutionsed the HR goals from merely getting processes in place to a more broad-based goal — driving value from talent.
With the current technology at place, popular American worldwide management consulting firm McKinsey and Company has suggested that nearly 56 percent of their hiring to retiring tasks have been automated using the technologies available including the HR software. The HR’s role has also been expanded and more emphasis has been put on productivity and employee engagement. Gone are the days when HR was a person, now it has become portal. Shifting to SAAS based HRM softwares has provided the firms to have universal access to HR services even when you’re remote working, dramatically changing the practice of human resource management.
The need of cost cutting or expansion or providing better services has propelled these changes. Recent research shows organizations that successfully adopt sophisticated HR technology tools outperform those that do not. Since many companies have automated their basic HR administration, these organizations have actually determined the use of technology to transform their HR practices and market their HR brand.
Key
challenges of talent acquisition
Finding the right talent when you have a huge skilling gap in the country is one of the biggest challenges in these unprecedented times. It is pivotal that HR team is using the right technology in order to streamline the whole process of managing the various job vacancies and spreading out the right messaging. An advanced HRMS helps to manage all the vacancies at one platform. It has been observed that mastering the art of balancing efficiency and quick decision making from the HR is the can being a big change in the process of talent hunting and acquisitions. Decision making needs data but managing and using this data needs to be efficient to be effective.
Role
of HR during the current crisis scenario
HR is now adopting new ways to operate and support every new decision the company is taking to reduce the effect of the pandemic. The new role of HR is to become more agile, adaptable and augmenting. HRM must aim at achieving competitiveness in the field of HR by providing constant educational and training programs for the personal and professional development of the employees of the organization. It has been seen that the companies have understood the importance of effective recruiting and realized that without the technological support, it cannot be done. The HR people are now making use of the various job portals that are available online to look for the best candidates for the position. The complete recruiting process has become easy and effective with the use of the technology. as many people come to know of the offer and hence increases the probability of hiring efficient employees. Employers can present all necessary information related to job, careers and personal development of each employee on portals online. This is a great promotional tool for the organization.Mr Vicky Jain, Founder, uKnowva
Vicky
Jain is one of the Founder of uKnowva, a cloud-based HRM software that happens
to be the brainchild of Convergence IT Services. Vicky along with his co-founding members
Abhay Talekar and Priyanka Jain has played an active role in the development of
the software, which provides a 360-degree solution for HR Automation and People
Management. Vicky has been responsible for the software’s
exponential growth & operational excellence that has merited uKnowva the badge of a
trusted brand.
An
engineer from Shah and Anchor Kutchhi Engineering College (Mumbai University)
and an MBA from IBS, Vicky feels constant innovation-led with creativity is the
cornerstone for developing next-gen products. The various products in the
company are built on ingenuity that drives the way towards business excellence.
His
ideologies for scaling products centres toward an architectural roadmap that
enables him to seize value in the long run.
His
rich and diverse experience in the areas of Business Development and financial
management has helped charter a sustainable growth path for uKnowva. In
December 2009, he was also conferred the prestigious Bharat Gaurav Award by
IEDRA in New Delhi. He claims that his abiding love for reading and the need
for an intellectual deep dive into books have played an important role in
shaping his ideologies towards astute leadership.
About uKnowva
uKnowva,
a flagship product of Convergence Services, is an easy to use, cost-effective,
intelligent and most Engaging HR automation software that has been built
keeping the mobility and work from home set up in mind. It provides a
360-degree solution for HR automation, people management and corporate
collaboration. Developed in 2012, the bootstrapping story of Convergence has
further drove the team to create uKnowva.
At
a time, when data security is the top priority of any company, it aims to provide
a secure, private, network for the organization which allows employees to
collaborate, communicate and innovate. uKnowva supports creating a culture of connectedness and
a high employee engagement centric work environment.
It
serves to create an energized work ecosystem that brings out the intrinsic creative
potential of employees and make them highly productive.
uKnowva
is targeted towards enterprise customers with the options of adding custom made
applications. This way it helps companies to integrate all their important
application on a single platform and get more benefit from the product. In
addition to that, uKnowva is built on robust technology, offers superior
security features and quick after-sales service
Key Differentiators
·
Most of the software just help a company do Talent Management
and Talent Acquisition, but uKnowva helps in doing Talent management, Talent
Acquisition, Talent development and also Talent Engagement
·
Most SaaS software are rigid and are not flexible, uKnowva is
flexible enough and you can also build on top of it by creating
plugins/extensions like the ones listed on uknowva.com/extensions
·
It comes bundled with an Intranet which is a key feature for
better Employee Engagement
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