New Global Service from Silkroad Technology Will Create Customized Strategic Talent Plans
SilkRoad Technology, a software and services platform that helps organizations attract, retain and align people to their business, announced a new global service for Chief Human Resource Officers (CHROs) called CHRO Essentials. This comprehensive consulting program will help HR leaders define the future vision of an organization and build a transformative talent strategy and roadmap to turn that vision into an executable plan for the organization and its people. CHRO Essentials also baselines current HR domains, compares these metrics to best practices and identifies work streams to close gaps and deliver world-class HR.
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Organizations are facing a constant and fast pace of change due to technological advances in artificial intelligence (AI), automation and cloud computing. These changes combined with the war for talent have created new challenges for CHROs in how they manage their workforces. According to a recent report from Mercer, the most significant threats to successful organizations’ transformations are rooted in human capital risk, yet only one in three executives rate their company’s ability to mitigate people risk as “very effective.”
CHRO Essentials provides a data-driven, decision-making approach to building a talent strategy that adds immediate and long-term value to the business. It includes analyzing current business processes, assessing strategy and vision and delivering a detailed execution plan complete with milestones, resource investment and measurable success metrics.
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“The CHRO must play a key role, alongside other C-Suite leaders, especially the CIO, in creating an integrated approach for employees and organizations to succeed as workforces and operating models are reconfigured through mass digitization and select deployments of AI-applications.” says Robert Dvorak, President and CEO of SilkRoad Technology. “CEOs claim that people are their most important asset, yet many organizations rely on transactional Human Capital Management systems to manage their people instead of focusing on personalized strategic onboarding for continuous learning and engagement that ensures the employee’s sustained value to the organization. CHRO Essentials helps CHROs identify the ongoing recruiting, onboarding, performance and learning needs that will align talent strategy with business strategy, mitigate risk, reduce cost and innovate the workforce for the future.”
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