New HCM Trends of 2012
The study involved close to 300 organizations, each categorized into one of three performance tiers: best-in-class, average, and laggard, based on a set of specific performance criteria. Best-in-class organizations were identified as those where 81 percent of employees reported that they were “highly engaged” within their organization; 71 percent of key jobs have an existing successor, and who experienced a 13 percent over-the-year improvement in hiring manager satisfaction.
The several common characteristics demonstrated by best-in-class organizations included: an above average understanding of business objectives and a commitment to align talent initiatives with those objectives; an investment in cutting-edge technology for the improvement of both talent and workforce management; and a organization-wide demand for better data access with the goal of streamlining HR and talent management processes in order to generate improved efficiency.