An HR department that runs at peak performance can help its organization do the same. “Efficiency” includes reaching the best outcomes in a timely and resourceful manner as well as streamlining basic tasks so that you can spend more time on the complex issues. To do that:
1. Automate basic functions as much as possible. Technology has become available to handle administrative chores like time tracking, managing approval workflows, and onboarding at increasingly affordable rat
2. Leverage an HCM platform to simplify the task of compiling, tracking and analyzing workforce data. That will help HR identify efficiency challenges and build business cases for solutions across the company.
3. Track HR Key Performance Indicators not only to measure your performance but also to benchmark it against peers and industry averages.
4. Don’t spend needlessly but rather leverage the technologies that exist or can be added to existing platforms. The spend on add-on services is generally much less than implementing and connecting new systems.
5. Audit yourself and be open to new ways of doing things. Continually ask why certain processes are a certain way – especially as your business grows and evolves. Change management is hard; with thoughtful design and execution, change can drive efficiencies.
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