From a Knowledge Infusion standpoint, this year is proving to be a record breaking year on all accounts in helping organizations drive strategic value from HR technology investments. We would be blind and short-sighted if we didnt see that all around us, organizations are dealing with budget cutbacks and much more scrutiny around investments throughout the enterprise. Organizations are continually weighing the value of core HRMS solutions vs. talent management technologies.
Please see the attached InformationWeek article on how CIO's are dealing with a tough economy. A few key points:
- Few New Hires
- Hold Off On Upgrades
- IT Inventory of High Potential Projects
As the HR spac continues to look at investments in technology, it is more important than ever to make these investments BUSINESS SYSTEMS, not HR SYSTEMS. In today's world, don't look for huge upgrade projects or huge ERP investments, look for quick-win, low hanging fruit, value-add investments to continue.
As you continue to create business cases and budgets for 2009, where are you focusing? Where do you need assistance?
Another infusion of knowledge...
