In this business environment of digital disruption, organizations that are agile far outpace their competition. Constant change can be a challenge, but as Workday CFO Robynne Sisco , “Having the ability to adapt and respond—whether it’s your mindset, the way you plan, or the technology you use—will help ready you and your organization for the road ahead, wherever it may lead.”
The misstep many organizations make when deploying new technologies is to copy existing processes in the new system, rather than commit to complete HR transformation. “There’s no room for complacency in today’s fast-paced business climate,” said Javier Delgado, managing director, Business Network Builders, a professional services firm that deployed a single system for financial management, HR, and professional services automation.
Cathy Armor, director for people at Cambridge University Press, helped her organization move to an HCM solution, and . “One of the best things we did was to build a cross-functional project team with IT, HR, legal, payroll, and project management,” she said. “You have to have those stakeholders at the table and ensure you have the buy-in from those who will be driving the project forward.”Digital disruption has affected all industries and organizational functions, and HR is no exception.
What are the advantages and disadvantages of deploying a consolidated HCM and finance cloud solution? Have we evaluated and vetted this idea?
Workday Need to pump the brakes on this until we pass something like a Cyber Bill of Rights and robust privacy laws. Full stop/