Understanding HR Trends; an incomplete list of Techy words (part II)

From my experience it is hard to exchange visions or brainstorm about the future when certain nouns and verbs are being used incorrectly. Sometimes they are not even known at all. Yet we all talk HR. So based on trending HR articles I made a dictionary of 60 words that possibly cross your path when you are rethinking your HR. It might help understand each other. I ended part 1 with HR Analytics. Let’s move on. HR automation HR automation is the process to improve the efficiency of human resources departments through automating the manual human resource processes and eliminating information-centered risks. (Source: Ciowhitepapersreview) HR Technology HR technology (human resources technology) is an umbrella term for software and associated hardware for automating the human resources function in organisations. It includes employee payroll and compensation, talent acquisition and management, workforce analytics, performance management, and benefits administration. (Source: Techtarget) HRIS See HRMS. (Source: Webopedia) HRMS A Human Resources Management System (HRMS) is a software application that combines many human resources functions, including benefits administration, payroll, recruiting and training, and performance analysis and review into one package. (Source: Webopedia) Internal communications Internal communications (IC) is the function responsible for effective communications among the participants within an organisation. The scope of the function varies by organisation and practitioner, from producing and delivering messages and campaigns on behalf of management, to facilitating two-way dialogue and developing the communication skills of the organisation’s participants. (Source: Wikepedia) KPI’s A Key Performance Indicator (KPI) is a measurable value that demonstrates how effectively a company is achieving key business objectives. Organisations use KPIs at multiple levels to evaluate their success at reaching targets. (Source: Klipfolio) Learning and development Learning and development, a subset of HR, aims to improve group and individual performance by increasing and honing skills and knowledge. Learning and development, often called training and development, forms part of an organisation’s talent management strategy and is designed to align group and individual goals and performance with the organisation’s overall vision and goals. (Source: HRzone) Mindset The established set of attitudes held by someone. (Source: Google search) Onboarding Onboarding, also known as organisational socialisation, refers to the mechanism through which new employees acquire the necessary knowledge, skills, and behaviours in order to become effective organisational members and insiders. (Source: Wikepedia) Offboarding Employee exit management or offboarding describes the consciously designed separation process when an employee leaves the company, for which he has previously worked within the scope of a work or service contract. (Source: Wikepedia) People analytics People analytics refers to the process of collecting, analysing and using quantitative and qualitative data about an organisation’s employees, alongside business performance data, to provide insights on business issues, solve business problems and inform business decisions and strategy. (Source: Xperthr) Performance management Performance management (PM) includes activities which ensure that goals are consistently being met in an effective and efficient manner. Performance management can focus on the performance of an organization, a department, employee, or even the processes to build a product or service, as well as many other areas. (Source: Wikepedia) Personalisation Personalisation, also known as customisation, consists of tailoring a service or a product to accommodate specific individuals, sometimes tied to groups or segments of individuals. A wide variety of organisations use personalisation to improve customer satisfaction, digital sales conversion, marketing results, branding, and improved website metrics as well as for advertising. Personalisation also is a key element in social media and recommender systems. (Source: Wikepedia) Preboarding Employee pre-boarding begins once an offer has been accepted by the new hire and lasts up to the first day of employment. (Source: Talcura) Predictive analytics Predictive analytics is a form of advanced analytics that uses both new and historical data to forecast activity, behavior and trends. It involves applying statistical analysis techniques, analytical queries and automated machine learning algorithms to data sets to create predictive models that place a numerical value — or score — on the likelihood of a particular event happening. (Source: Techtarget) Preselection To choose in advance usually on the basis of a particular criterion. (Source: Merriam-webster) Recognition and rewards Communication between management and employees which rewards them for reaching specific goals or producing high quality results in the workplace. Recognising or honouring employees for this level of service is meant to encourage repeat actions, through reinforcing the behaviour you would like to see repeated. (Source: Business dictionary) Recruiting The process of finding and hiring the best-qualified candidate (from within or outside of an organisation) for a job opening, in a timely and cost effective manner. The recruitment process includes analysing the requirements of a job, attracting employees to that job, screening and selecting applicants, hiring, and integrating the new employee to the organisation. (Source: Business dictionary) Retention An effort by a business to maintain a working environment which supports current staff in remaining with the company. Many employee retention policies are aimed at addressing the various needs of employees to enhance their job satisfaction and reduce the substantial costs involved in hiring and training new staff. (Source: Business dictionary) SAAS (Software As A Service) Software that is rented rather than purchased. Instead of buying applications and paying for periodic upgrades, SaaS is subscription based, and upgrades are automatic during the subscription period. When that expires, the software is no longer valid. (Source: PCmag.com) Social Living organisms including humans are social when they live collectively in interacting populations, whether they are aware of it, and whether the interaction is voluntary or involuntary. (Source: Wikepedia) Staffing That function of management, which is concerned with selecting, developing, maintaining and utilizing the manpower such that the objectives of the organisation are achieved economically and effectively. The objectives of individual employees of the organisation are accomplished to the highest degree possible, serving in the process the objectives of the community at large. (Source: Businessmanagementideas.com) Stand alone solution Software that is not a part of some bundled software. A program that run as a separate computer process, not an add-on of an existing process. Standalone program, a program that does not require operating system’s services to run. A portable application, which can be run without the need for installation procedure. (Source: Wikepedia) Talent Acquisition Talent acquisition is the process of finding and acquiring skilled human labor for organisational needs and to meet any labor requirement. When used in the context of the recruiting and HR profession, talent acquisition usually refers to the talent acquisition department or team within the Human Resources department. (Source: Quora) Talent management Talent management refers to the anticipation of required human capital for an organisation and the planning to meet those needs. … Talent management is the science of using strategic human resource planning to improve business value and to make it possible for companies and organisations to reach their goals. (Source: Wikepedia) Talent Sourcing Sourcing is a talent acquisition discipline which is focused on the identification, assessment and engagement of skilled worker candidates through proactive recruiting techniques. (Source: Wikepedia) Usability ISO defines usability as “The extent to which a product can be used by specified users to achieve specified goals with effectiveness, efficiency, and satisfaction in a specified context of use.” The word “usability” also refers to methods for improving ease-of-use during the design process. (Source: Wikepedia) User experience The overall experience of a person using a product such as a website or computer application, especially in terms of how easy or pleasing it is to use. “If a website degrades the user experience too much, people will simply stay away. (Source: Google search) Virtual reality The computer-generated simulation of a three-dimensional image or environment that can be interacted with in a seemingly real or physical way by a person using special electronic equipment, such as a helmet with a screen inside or gloves fitted with sensors. (Source: Google search)     Did you recognise any of these words? Good! These were the final 30, the first 30 you can read in part 1 of this incomplete dictionary of 60 Techy words that are being used in HR and HR innovation. Keeping this list up to date is going to be a challenge. Could you tell me which words do you think are missing in this list?   The post Understanding HR Trends; an incomplete list of Techy words (part II) appeared first on HR Trend Institute.
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28-08-2018 08:00