Panel with huge crowd at HR Technology Conference in Chicago. Knowledge Infusion broadcasting live from HR Technology Conference.
Panel results from audience:
1. What are your buying patterns in next year?
25% not sure of plans (creating a plan)
30% buy from existing vendor (ERP,HRMS)
34% buy best of breed and integrate to ERP, HRMS
11% no plans to buy
2. Highest priority of audience in next year to buy or implement
29% Portal and Self Service
29% Recruiting
22% Performance Management
7% Succession Planning
7% Compensation
5% Learning
3. Do you plan to outsource all or part of your HR function (great comment from Bill Kutik...if you know you are about to be oursourced)
2% all of HR
42% some of HR
56% nothing new
4. How many plan to replace their current recruiting system in the next year?
49% Yes
51% No
AMAZING - continues to show dissatisfaction with talent management space
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Oracle Fusion, Lawson Ordway, SAP Business by Design, Workday will change the game
Jim Holincheck from Gartner
responds : great possibility that htis is true
a) Service Oriented Architecture
b) Software as a Service also a huge piece of picture (Lawson, SAP, Workday - all adopting Saas) - may be even the more game changing piece of the puzzle
Jason Corsello from Knowledge Infusion
not yet
Fusion - still wondering what this is going to look like
Web 2.0 - emerging technology changes will be huge (Oracle, SAP still have huge opportunity)
Oracle SAP have three things going for them
3 things:
Money, Resources Time
Lisa Rowen from IDC
depends how you change the game
More important to look at systemic part of HR
if these systems can help standardize and transform - yes
if these new systems cant - game isnt changing
Naomi Bloom
5 tests:
1) Did they get object model right? - will cut tie to exising model - means new implementations everybody..
2) Web Services - must use going forward
3) Right Architectural Behaviors - Effective Dates, Self Service
4) Strategic HR have to be there from the ground - too important and hard to add later
5) Must get economics right (TCO) - real cost is cost of service delivery - if products make a sense
Jim adds
More and more clients are spending money on maintenance, support, upgrades - so much money being spent, cant spend on user experience - hearing alot of angst about being on upgrade treadmill - wanting to shift burden to someone else
Jason adds
Enterprises have alot of control; need to take more control on getting vendors to change that 22% maintenance is alot; time
Question : What is single most innovative in the past year
Jim Holincheck
largest vote for Sonar6 - Performance and Succession Planning - radically rethought GUI; second vote would be for McKenna - Motivator product - Sales Incentive Management
Lisa Rowen
nothing really all that new; just realizing that we can dust off some things and put them to use. Had AHA moment - innovation can come in many forms; new tools can still bring innovation without new technologies
Jason Corsello
Outlook PlugIn, not new but need more - Innovation is where we can create engaging interactions within the main users application of choice. Everyone has new UI, what gets lost is why not go to where the users hangout. Go where the users are instead of developing another UI. Focus too much on innovation in technology, needs to happen and process and deployment level; not just the UI level - how do you drive adoption.
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Naomi - Is a comprehensive, integrated TM suite the only way to become strategic
Technology is not strategic, what organizations need is to think about business strategy and design process/plan to understand business issues. Integration without alot of planning could be nightmare. Software is key, but by no means the whole story
Jason - Is a comprehensive, integrated TM suite the only way to become strategic
Not even close to being there. This is year 3 of a 7 year cycle (or longer).
Lisa - No silver bullet in technology; all about understanding the needs of HR
Tools can help move it along, no one vendor that has it all
Jim - One of concerns, piecemeal adoption is real tough. Need a talent system of record both from personal and job level
Naomi - think about multiple concurrent jobs, many TM platforms dont handle that
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Will ERP's catch the suite vendors? Will suite vendors become unnecessary or obsolete?
Jason
Do Oracle and SAP stand a chance, yes - will happen in next year or 3, probably not. They have best opportunity, question is can they grasp that.
Are people buying a suite - answer is definitely yes. People buying 2 up 130% year over year, people buying 3 up 100% year over year
Naomi
One of the reasons for churn in recruiting is churn. 200 talent management suite vendors on the floor. Way too many. Not sustainable. If you are going to be buying multiple modules, capabilities - please take hard look at vendor viability
Lisa