Incredibly, 42 percent of respondents in a Josh Bersin Co. survey rated their HR technology implementations as either failed or not fully successful two years after onboarding. This highlights how crucial it is for HR leaders to focus on identifying the right technology products and adopting them effectively rather than rushing to deployment.
However, it’s also vital that your teams be able to derive key insights from the wealth of HR data the tech will make accessible. Those insights can be hugely valuable in formulating an actionable, people-driven business strategy.
What is HR data literacy?
Data literacy skills not only unlock the true value of your people data but also build the credibility of your HR team. When HR professionals can back their claims up with incontrovertible data, it makes it easier to achieve buy-in for your people programs—and secure an appropriate budget.
Gartner has found that the top three hurdles for HR technology leaders are ensuring ongoing adoption of HR technology (57 percent) among key stakeholders, justifying HR technology investments (46 percent), and developing and maintaining a strategic roadmap