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Tania Fenyes

SuccessFactors: Aligning your Business Strategy with your People Strategy

By Tania Fenyes on 20 June 2013

innovation 23

Tania Fenyes, marketing specialist with KPIT (a SuccessFactors Partner), tells us why BizX software solutions suite is one of the most advanced Talent Management Solutions to date and how it can help organizations streamline HR processes across the board.

SuccessFactors: Aligning your business strategy with your people strategy

Some of the most thriving organizations today know the importance of aligning their business goals with intelligent turnkey workflow processes and strategic Enterprise Resource Planning (ERP), to measure profits and their bottom line. Nonetheless, it is interesting to note that a majority of them have never had a clear strategy or roadmap in place to understand Human Capital Management (HCM) and the real value of its workforce, which has the potential to ultimately affect their growth and success.

However, this is changing now. Over the past few years, we have seen a growing realization regarding the importance of strategic human capital for sustainable growth. Due to this increasing awareness, organizations are now investing more heavily in the management of their top performing talent.  They are treating individuals as assets rather than mere resources, an approach that promotes collaboration, adaptability and innovation. These changes show a shift in our thinking, that we are moving away from the traditional human resource approach and emphasizing more on people practices and optimizing talent. 

The real challenge though isn’t just hiring the right people, but rather measuring the key drivers for success and executing them through the evaluation of one’s skill-sets, personality, ideas, and motivation. With the right tools to manage talent through data, organizations are more equipped to effectively connect their HR initiatives to their business goals.

So how are some of the best organizations in the world managing their talent? They are turning to Cloud-based solutions. They are leveraging Cloud communities and social networks from multiple web devices, and engaging employees to address challenges and opportunities within the organization more quickly, while tapping into multiple resources simultaneously, at any time and from anywhere. Hence, it is no surprise that Human Capital Management is one of the fastest-growing market segments for Cloud-based business solutions. It provides the tools an organization needs to harness the productive capabilities of their workforce through business alignment, thereby enabling them to gain a competitive advantage. 

One of the most comprehensive Cloud-based software solutions in the market today is the Business Execution (BizX) software by SuccessFactors, an SAP company. It is the only business execution solution that incorporates next generation core HR system tightly integrated with strategic talent management solutions ranging from recruiting, succession planning & development, performance & goal management, to learning, compensation, workforce planning and workforce analytics.

SuccessFactors is replacing multiple applications with one unified platform, creating a single user experience to execute global talent strategies. BizX Suite has proved to be one of the most advanced talent management solutions to date, providing enhanced visibility, functionality, and flexibility to streamline HR processes across the board.

Managing growth and maintaining productivity is an ongoing goal no matter what industry you are in. With the right people with the right skills doing the right work, organizations can start aligning their business strategy with their people strategy.

To learn more about SuccessFactors BizX Suite, visit us at Booth#S1, SAP Forum UKI on 3-4 July 2013, and meet our experts

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