A global survey of CIOs and CHROs commissioned by cloud-based business execution software company, SuccessFactors shows that more than 80 percent of respondents are expecting to upgrade their core HR system in the near future, and in conjunction, the vast majority are actively seeking cloud-based options (69 percent of organisations surveyed).
“For years HR leaders and CIOs have been forced to cobble together various solutions from different vendors to meet their business results,” explained Brad Mattick, Head of Worldwide Product Marketing for SuccessFactors.
The performance management software company also recently commissioned a comprehensive research report entitled ‘The Link Between Strategic Alignment and Staff Productivity’. The report identifies three critical areas for determining failure or success in this area: Alignment & Collaboration, Performance & Productivity, and Growth & Talent.
The report shows that only twelve percent of organisations surveyed possess an IT system that delivers the information needed for business management and execution. In comparison, nearly three out of four respondents whose companies use collaborative technologies feel their organisation communicates business strategy ‘well’ or ‘very well’.