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Knowledge Infuser : July 2007

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A great article that was distributed around Knowledge Infusion for work with our enterprise clients and vendors.  Take a read from Fortune this past week.

 

As the world continues to transform to this model of organization; hr technology and processes will need to change as well.  Don't let this business change catch you by surprise.  The business will want this soon if not today, can your HR technology support this kind of thinking?

 

"The Informal Organization," they argue that successful managers must understand this "constellation of collaborations, relationships, and networks," particularly in times of stress and transition. "We're not saying you can formalize the informal," says Katzenbach. "We're saying you can influence it more than you do."

Take a read, this is why HR technology vendors that are eliminating hard coded relationships and moving to team, task and flexible relationships with workflow will have the competitive edge in the long term.

 

Another infusion of knowledge...

 

The hidden workplace: What's your OQ? - July 23, 2007

 

 

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Contributed by Karen Finch, Principal Consultant, Knowledge Infusion

Knowledge Infusion continues to run into organizations daily that have created too many silos with their talent management and HR technology solutions.  This is usually the result of a lack of HR technology strategy.

In the absence of a centrally managed talent management system, savvy lines of business or pockets within some organizations have developed their own systems to meet needs; particularly in the areas of succession planning and performance management.  As HR departments develop their talent management strategy, they should allocate time during discovery to identify these organically grown systems. 

To fully harness the power and benefit of a centralized (and integrated) talent management system, a set of common job/role competencies, data gathering forms, and rating scales will support consolidation of data.  Aggregated data can then be used within the management hierarchy to: Identify organizational strengths and weaknesses, include a larger number of positions and employees in succession planning, and to identify bench strength (or weakness) as corporate priorities shift.

If your organization is considering the purchase of an integrated talent management system, project team management should focus on the politics and work effort required to socialize and build acceptance within these pockets.  Extra time may also need to be allocated during requirements gathering and the solution design phase to ensure the individual needs understood and met.

Another infusion of knowledge (from the field)...

 

 

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IBM and Today's Workforce

Posted by Jason Averbook Jul 27, 2007

 

 

 

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InformationWeek published a great article today about IBM's latest training and development program TRULY designed for today's workforce.

 

Knowledge Infusion works with organizations that are struggling with how to retain and engage the workforce.  We were fascinated with the approach that IBM is taking and felt compelled to share it with our large community of HR and Talent Management professionals.  Pass this article on to others in your organization that are continuing to look for ways to drive the workforce to new heights.

 

As the demographic of the workforce changes under our nose, the focus on comp and benefits transactions continue to shift to growing, developing and engaging talent; this is a perfect example of a PROACTIVE MOVE to gain a competitive advantage in a changing talent market.

 

Another infusion of knowledge...

 

 

 

Link to InformationWeek Article

 

 

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Knowledge Infusion works on a daily basis around the US and the world with organizations that are looking to leverage technology to drive Talent Management.  In today's world of SaaS (Software as a Service), many organizations forget about the vendors that already provide their HR and Payroll solutions.  Solutions like Oracle, PeopleSoft, SAP, Lawson, Ultimate Software and service providers such as ADP and Ceridian also offer talent management solutions that many organizations overlook.  A few things to consider:

 

  • The ERP providers are getting better by the day by building on to their solution with leading edge talent management functionality * Talent Management is a very sophisticated business process that requires multiple levels of integration to be done optimally.  Many of the ERP solutions are a good solution. * Not all organizations need every bell and whistle to optimize their TM processes.  The practice of each functional silo within Talent Management buying their own solution doesn't solve the problem, therefore, the ERP might be a good solution

The point of this entry is simple:

 

LOOK AT THE PRODUCTS FROM YOUR EXISTING HRMS/HCM PROVIDER AND UNDERSTAND HOW TO LEVERAGE YOUR EXISTING INVESTMENT IF POSSIBLE

 

One of the last things this industry needs is more shelf ware.  Understand your requirements, tie them to your long term HR technology strategy, and make smart decisions as to how to leverage your existing solution.

 

Don't write off the ERP solutions so quickly.  They are focused on talent management as well and will continue to optimize their solutions.

 

Another infusion of knowledge.. 

 

 

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This past weekend Prince gave away a copy of his new album "Planet Earth" to every reader of the British Newspaper Mail on Sunday. 

 

At Knowledge Infusion we personally found this method of distribution brilliant as individuals and organizations continue to look for new and innovative ways to license intellectual property taking advantage of the technology situation today.  A few drivers that relate to HR technology and software:

 

  • Buying software and content is SO different today than 5 years ago that anyone that runs a software evaluation the same today as they did then is potentially making a large mistake.  How someone decides on going to a concert IS completely different than in the past. * Technology has made content much more accessible than ever before making information sharing and social networks that much more important.  People collaborating and planning to meet at a Prince concert based on the music and willing to pay much more for the concert combined is a masterful business strategy. * Technology requires organizations to be flexible in how they license and service products.  Today's consumer, look at Prince fans, expect a completely different model; or at least are open to one, compared to the past. (Just did two concerts where tickets ran $3000, not the scalped price).  He is making money in a totally different way as will vendors into the future. * Outcome based pricing, COME ON!!  Prince is basically betting that giving away the music will get people to pay more after hearing it and going to the concert.  Are we ready for software vendors in the HR, HCM and talent management space to giveaway their software and go back and recoup double the license fees based on the organizational impact?  (WHOA...)

As the New York Times aptly states, "Prince doesn't have to go multi platinum, he has gone multi platform." 

 

We found this brilliant move by Prince eye opening and intriguing.  Might we see this type of move in the HR technology space?  Maybe not yet, but don't count it out into the future.

 

Another infusion of knowledge...

 

Link to Business Technology Article

 

 

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Here���s your chance to weigh in on what you REALLY think of the Talent Management Suite.

  • Are buyers benefiting from being able to purchase multiple products from a single vendor? * Is the suite just a bunch of hype and an excuse for the sales rep to call you to buy yet another module?

The Knowledge Infusion Center of Excellence has teamed up with HR Executive magazine to bring you a revealing study and provide some insight into how this ���suite��� we have been hearing about for a few years now is actually being adopted.

 

Take the survey now!!

You���ll get a free copy of the report when published and it only takes about 5 minutes.

Another infusion of knowledge...

 

 

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At Knowledge Infusion, we spend a lot of time with enterprise organizations and vendors helping to define the future of succession planning and management in organizations.  Succession Management does not only involve technology, but much more a process and sustainability model.  Forbes has an interesting article linked to below, and here are there top 10 for Succession success:

 

  1. Prioritize It # Develop a Toolkit # Give Honest Feedback # Ensure Accountability # Think Globally, Act Locally # Balance Today and Tomorrow # Make the Call # Stretch your Best People # Make Compensation Reflective # Step Outside

These are all components of a HR, HCM and Talent Management Strategy that are necessary to leverage technology in the best possible way.  Without these ten priorities in place, technology will be nothing more than a fancy looking org chart.

 

The more these topics get covered in magazines like Forbes, the larger the demand on the HR and HRIT functions to deliver tools and processes to support these requirements.

 

Another infusion of knowledge...

 

Success--And Succession--Takes Planning - Forbes.com

 

 

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Knowledge Infusion is always looking for good publications that document "real-life" case studies as to how organizations are managing talent today.  This article from The Economist is a good study as to how the Big 4 are doing it.  Agree or disagree with if it is true, they do have their eye on the ball unlike some other organizations.

 

Another quick infusion of knowledge..

 

Link to Article - Economist.com

 

 

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All of the organizations Knowledge Infusion work with today are global in nature.  This article caught our attention with the headline:

 

Nine out of 10 capital markets executives say their firm is not ready for globalization and doesn't know how to get there.

Jason Averbook, CEO of Knowledge Infusion was recently quoted as saying:

 

If an organization today doesn't believe they are global, they haven't looked at themselves in the mirror.

The Wall Street & Technology blog has an excellent article about global readiness of organizations today.

 

A few excepts related to HR technology and talent management include:

 

  • To succeed globally, firms will need to tap into best of breed assets, such as talent, shared service centers, and partners, anywhere around the globe. They will need to have superior risk management, collaboration, execution and low latency capabilities across the globe. * Culture turned out to be the number-one barrier to profiting from globalization, and having a global management team was the most important culture-related attribute that will help firms succeed. * Financial markets organizations, despite their reliance and focus on human capital, may be severely underutilizing their hidden or intangible assets.  We���re talking about winning minds, hearts and souls -- leading organizations will break out of their ethnic, gender and geographic-centric management models to become more globally integrated. This will be a major cultural shift because when you look at today���s financial organizations, around 70% are led by local headquarters��� board of directors and senior leadership teams. We are optimistic that the industry will manage to do what it���s always done so well in the past, which is to embrace change.

If your organization has operations outside of the US, your organization must take into account this and many more items when selecting and deploying HR and talent technologies.

 

Another infusion of knowledge...

 

Wall Street & Technology: Blog: Wall Street Firms Are Not Ready For Globalization, Study Finds

 

 

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At Knowledge Infusion we are continually working with organizations that have four generations in the workforce today.  Here are a few things that Gen Y can help us with along with a great article about this generation.  As you look to deploy employee and manager self-service (direct access please), talent management or portal solutions; think about this workforce.  What is in it for them?  Why should they use your technology?

 

  1. They wont do work that is meaningless # They wont play the face-time game # They're great team players # They have no patience for jerks

Don't Fight the Future

So let's get off our high horses and stop evaluating whether or not we like working with Generation Y. Its members have incredible leverage in the workplace right now, and they're not going anywhere.

It's time to admit that the workplace is changing and that we're lucky to have a group as optimistic and self-confident as Generation Y leading the way.

What we can learn from Gen Y

 

 

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Many in the Knowledge Infusion community continue to ask questions about the difference between SOA (Service Oriented Architecture) and Web 2.0.  The following article from eWeek caught our attention and serves as a great education point for the HR and talent management community.  These should be terms that are clearly understood as you are creating your long term HR technology strategy.

 

A few excepts:

 

  • "Web 2.0 is used in many ways but predominantly has two aspects���one social, the other technical* Web sites and Web applications using AJAX (Asynchronous JavaScript and XML) to improve ease of use make it even simpler for users to compose blogs and assemble mashups.  Desktop-installed software increasingly is being displaced through the use of AJAX and services, he said.* "We're transforming from an application-centric enterprise to Web 2.0, which is putting the user in charge. "Users can create, consume, customize, collaborate. They can access all information anywhere, anytime on any browser. I used to say the 'A' in SOA is AJAX; now I say the 'M' in SOA is mashup. Enterprise mashups are user-driven and user-focused."* The new Web 2.0-enabled enterprise is sort of "like the long-tail approach���there is more opportunity in catering to a mass of niches than a niche of masses.* "[http://With Web 2.0,|http://With Web 2.0,] the way users access enterprise applications is changing. It uses a common UI that combines transactional behavior and collaborative behavior, and this is through a browser."

Take a read.  Even if you don't understand some of these concepts, what is important to understand is that Web 2.0 and SOA will change the HR space forever.  The UI issues we deal with today will be replaced over the next 3 years with UI's that are completely web driven similar to Google and Yahoo.  The biggest issue for HR will be data and process; things that should be being transformed today to be ready for this massive shift in deployments.

 

Another infusion of knowledge, and the future...

 

The Merging of SOA and Web 2.0

 

 

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Knowledge Infusion works daily with clients to assist in insuring that the deployment of technology such as HRMS, talent management, workforce analytics, intranets and portals get adopted based on organizational needs and goals.

 

This is very difficult in organizations and is often overlooked from a time, money and planning standpoint.  Apple recently announced the iPhone to much hype.  We found this video below to be quite funny yet apropos and not far from what you need to be thinking about when deploying technology and/or new processes to the workforce.

 

We found this funny yet in a way, very informative.  And a lesson:

 

DONT FORGET TO GIVE YOUR EXECUTIVES A SNEAK PEAK TO YOUR DEPLOYMENTS TO INSURE THEY ARE BEHIND THEM...

Click here to watch the video

 

Another infusion of knowledge...

 

 

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I couldn't resist writing a quick entry about an experience from the road this week.  As you know, Knowledge Infusion and our Deployment Excellence practice believes strongly in not using the term "self-service" and instead using a term such as "direct access" insuring that employees don't feel they are only doing HR's job.  This is a true SELF-SERVICE case.

 

While arriving in a city (not to be named here, but in the deep south) late Wednesday evening, I was driving down the highway in a taxi, on the cell phone of course, when I looked up and saw something I never thought I would see.  There in front of my eyes (and the cabbie) was a car driving down the freeway with a gas nozzle and gas hose still attached to their car.   The nozzle was deeply embedded into the fuel tank with the hose flapping in the wind and dragging on the dry pavement of the highway. 

 

After laughing with the cab driver and still not really believing it, I have thought about what might cause this.  A few ideas:

 

  • The driver was drunk and just didn't realize that HE (it was a HE) drove off with the gas pump still attached to his car* The driver was stealing gas (and wanted the hose and nozzle as well)* The driver truly just made a self-service mistake

This is a mistake I (and I know you have as well) have thought about when filling up my tank with other things on my mind, or cell phone at ear.  I didn't know it was possible to actually do it and get to a highway and drive that far without realizing it.

 

Many of you have had HRMS self-service deployments that didn't go as planned.  Still many others are experiencing hr and talent management deployments where people are having to be trained to use the tools.  Keep this story in mind and what you can do to plan for the unexpected.  In this case, not sure what you can do except remember and share this story with others.

 

Another infusion of knowledge...or something

 

 

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Thanks to Andy Gebavi, Principal Consultant with Knowledge Infusion for this post.

At Knowledge Infusion, As we work with organizations to help them develop Talent Management technology strategies, we���re often struck by the fact that most organizations are only seeing one side of the talent management coin ��� the organization-focused side. They start out wanting to focus on workforce planning, succession planning, and talent acquisition. These are all are important processes, but they only represent one side of the picture. We help them realize that individual-focused processes are just as important (if not more so) than the organization-focused processes. The individual-focused processes we ���zero in��� on are performance management, career planning, learning & development, and talent mobility.

Organization-Focused Processes

  • Workforce Planning* Succession Planning* Organizational Learning & Development* Talent Acquisition

Individual-Focused Processes

  • Performance Management* Career Planning* Individual Learning & Development* Compensation* Talent Mobility

Only by focusing holistically on both the organization-focused and individual-focused processes, as well as a strong foundation of competencies, can organizations achieve the visibility they require to manage their talent inventory.

For example, on the individual-focused side of the coin, if organizations don���t assess individuals through a well-developed performance management process, they cannot gain the visibility into their workforce necessary to develop or acquire the talent necessary to meet their business goals.

On the organization-focused side of the coin, if organizations don���t have robust workforce planning processes, they have no visibility into how their current workforce matches up to their talent needs. Without a holistic approach, talent acquisition becomes a bit of guessing game designed around filling requisitions rather than closing talent gaps.

Another infusion of knowledge....

 

 

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Wow

 

Knowledge Infusion pushes organization to use new technologies such as blogs, wikis, instant messaging for communication, but this might go to far.

 

14% of Men and 11% of Women (what does that tell you), say they would fire someone using IM (but with emotion).

 

This is a bit of a stretch but a sign of things to come in our connected, decentralized, free agent workforce world.  Pay attention to these fads and trends, while this is a bit out there - the usage of the technology is not.

 

It also makes you wonder with the new age workforce, how much work on communication will be needed in the workplace:

 

At the same time, more than half of respondents said they would rather confess their feelings to a crush using an emoticon than in person. Ten percent said they���d even propose marriage via an instant message.

Read the MSNBC article and pass on

 

Another infusion of knowledge...

 

Survey: Some would use IM to fire - Online World - MSNBC.com

 

 

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Great piece from our friends and partners at Axsium who deal with the Workforce Management space in depth.

 

Knowledge Infusion continues to see this private equity trend coming up in HRMS, talent management and technology infrastructure situations and the more that you can become educated about the industry and how it effects your plans, the better off you will be if and when it happens.

 

This is hardly surprising; mergers and acquisitions are running hot on both sides of the border and the proliferation of private equity funds is considered one of the leading causes. In Canada in 2006, private equity funds raised more than $4 billion. In the United States, more than US $150 billion was raised. For many companies, private equity offers an alternative to public markets to raise the capital needed for growth, or as an exit strategy for founding investors. Others find private equity is a perfect fit for restructuring a troubled or unprofitable business. That was certainly the case in late May 2007 when DaimlerChrysler AG sold an 80-per-cent interest in Chrysler to Cerberus, a private equity firm, for $7.4-billion. Many saw the transaction as the last, best option to stop Chrysler���s steep decline even though the price represented a deep discount on the $36-billion deal that saw Chrysler join forces with Daimler-Benz, maker of the renowned Mercedes-Benz, in 1998.

 

Another infusion of knowledge...

 

Link to Article

 

 

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Knowledge Infusion continually works with clients around the world on Deployment Excellence.  We define Deployment Excellence as working with clients to understand the messaging, brand, and tools based on audience that are necessary to make sure that a launch of a new technology deployment is a success.  This includes defining what success looks like, the creative services around the success (if necessary) and the types of messages that make sense to the audience.

 

Seth Godin has an excellent posting on Sloppy Naming and how much it hurts in the rollout and deployment of anything. 

 

When deploying HRMS, Employee and Manager Self Service (we call it direct access), or Talent Management, take a read; THIS IS VERY IMPORTANT.

 

For ideas on what to call your deployment or how to brand your deployment; send an email now to mailto:info@knowledge-infusion.com.

 

Take a read!!

 

Another infusion of knowledge...

 

Seth's Blog: Sloppy naming

 

 

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Many out there ask Knowledge Infusion about the use of social networking in the world of HR and Talent Management.  Here is a simple video that will help (in a funny

 

 

Another infusion of knowledge...

 

 

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Knowledge Infusion works very hard with organizations to insure that information is communicated from HR in a means that ties directly to business results.  One of the things we hear over and over again and as recent as a few moments ago is, "When I get something from HR, I delete it right away because it is never relevant to me."

 

As HR rolls out new technology initiatives or even tries to communicate, one of our ongoing recommendations is to insure that the HR technology and process organization within a company looks at communication vehicles and optimizes these vehicles based on audience.  We have even created service within KI called Deployment Excellence to help organizations with this.  Here are 10 helpful tips to handle email:

 

  • Send less. Think hard before you use the "reply to all" and "cc" features, and use group distribution lists sparingly. By targeting your e-mails, rather than spraying them, you'll be more efficient and effective. * Quit boomeranging. Send 5 e-mails and you'll get, on average, 3 responses, most of which aren't necessary. If you eliminate just 1 in 5 of your outgoing e-mails, you'll instantly shrink the incoming volume, and save time on needless back-and-forth exchanges. * Stop - then send. Before hitting the "send" button, ask yourself: Is this information timely, topical, and targeted? Will it help the recipient do his or her job better? If not, skip it. * Be polite, up to a point. Not every e-mail requires a reply, especially if it's just a routine "thanks!" The authors recommend that, with the people you e-mail (and who e-mail you) most often, you try including an acronym in the subject line like "NTN" (no thanks needed) or "NRN" (no reply needed) - a simple but effective time-saver. * Schedule live conversations. Instead of sending an e-mail that will initiate a long back-and-forth discussion, try scheduling an in-person or phone meeting instead. You'll often get a lot more done in less time. * Strengthen your subject lines. Vague subject lines confuse recipients and make e-mails hard to locate later. One-word categories, like "Request" or "Confirmation," along with relevant information like dates or times, add clarity and context to your messages. * Structure matters. Avoid sending a wall of words. Instead, start every message with a greeting of no more than 8 words. (For example: "That was an interesting meeting yesterday.") Then use the ABC method to divide your e-mail into 3 distinct sections: Action (stating your purpose), Background (presenting your key points), and Close (clarifying the next steps). * Save purposefully. Searching for an old e-mail can eat up untold amounts of time, so be picky about what you save. Ask yourself: What are the odds I'll need this information later? Could I get it just as easily from the Web or somewhere else? Is it important to what I'm working on - really? You'll save less and find more. * File smart. You might have several overlapping e-mail folders, so "Stuff from the Boss" could contain anything from a performance review to a lunch invitation. Instead, create a smaller number of folders and label them according to content (not sender or some other criterion). You'll file and find information faster. * Coach - or suffer. Alas, sending better e-mails yourself won't guarantee that others will follow your lead, unless you ask them to. "Offer your frequent senders a few really good tips," the authors write, "or suffer through their bad e-mails."

Take a read of this complete article and plan when communicating from HR.  Email is a HR technology tool and one that can't be overlooked or abused.  Going forward, it will be even more important to keep these tips in mind as well as use BLOGS, WIKIS and other collaborative tools to work with employees and managers to insure the true value of HR, HR technology and talent management is being realized.

 

Another infusion of knowledge...

 

Fixing Email Article from Money Magazine

 

 

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INTERESTING POST THIS AM FROM INFOWORLD.  WASTED RESOURCES?

 

Interesting read as the pressure on HR heats up to handle the changing workforce and what it means to business (IT in this case).  Take a read and takeaway what you can.  Extreme example but important to anyone who is doing HRMS, HCM and Talent Management technology work.  Knowledge Infusion works continually on turning this tide in the industry and are having great success with our enterprise clients and vendors in the marketplace.

 

Employee turnover costs U.S. companies $340 billion. Duh. If your company is typical, its 30% turnover rate and average cost of $8,300 to hire new employees means your company's Department of Wasted Resources is creating a catastrophe. While it's crying about talent shortages, talent is rotting on the shelf for lack of care and feeding.

 

  • "The talent shortage" is not the issue. * "Hiring foreign talent" (H-1B) is not the issue. * "Offshoring" is not the issue.

Training, developing, cultivating, and keeping workers is the issue.

You can buy quite a bit of that for an employee with the $8,300 it costs to hire a replacement worker. (Add a headhunter or employment agency to your search for a replacement, and your potential "employee development fund" skyrockets. You run a technology company? Your replacement costs are higher anyway.)

What's your company doing about Wasted Resources? 

Lets prove this guy wrong and show the value that HR can bring.....

Link to InfoWorld Blog Entry

 

 

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Interesting posting on the Deal Architect site about software "Born On Dates". 

 

Our takeaway and the takeaway you should think about when deploying solutions such as Employee and Manager Direct Access, Portals, and software that employees and managers might use once a year...

 

Because freshness matters in airlines, in beer - and in software.

In this same posting, Jason Corsello reminds us that many HRMS and payroll solutions are still running on green screen solutions (SKUNKY?).  What matters to your HR and Payroll department is COMPLETELY different than what you should put out to your employees, managers and executives. 

Born on Date or (REBREWED DATE)..keep it in mind

Another infusion of knowledge..

Skunky Software