HCM and a People-First Employee Development Strategy

Employee Training, Learning, and Development

Today’s employees overwhelmingly want jobs that do more than pay the bills. They want roles that support their personal and career goals. Nearly seven out of ten employees say they would stay with their employer throughout their career if the company focused on reskilling and upskilling.

Aligning a people-first approach with strategic business objectives is HR’s greatest opportunity to evolve talent development programs and ensure the organization has a fully trained workforce ready to meet new challenges and growth opportunities. HCM solutions enable HR leaders to take a targeted approach to workforce training through skills development, career pathing, and continuing education in key growth areas.

Learning Management Systems, on-demand eLearning, and mobile platforms allow employers to automate, deliver, track, and manage training and compliance by skill need, by group, or by individual.

‍

HCM and a People-First Employee Development Strategy

While the concept of a people-first employee strategy is nothing new, the Wharton School of Business called it “the single most important strategy to pursue” as far back as 2010. The pandemic and the Great Resignation, however, brought Human Capital Management strategies and technologies to the forefront.

HR leaders are under increased pressure to implement effective methods to attract, engage, and retain employees in an unprecedented talent market. Today’s employees are looking for satisfaction, fulfillment, purpose, and opportunities for personal and professional growth from their work. This means going beyond even the most generous benefits and extending serious attention to an employee development infrastructure that is continuous, convenient, educational, flexible, and trackable.

A robust technology stack can help. A Learning Management System delivers employee training and compliance management. Digital performance management platforms enable feedback and goal management. Mobile-friendly streaming platforms deliver training content anytime and anywhere. HRM software helps manage the employee lifecycle. But how do organizations connect these tools to create a future-ready, people-first talent strategy?

Human Capital Management bridges this gap by playing a strategic role in operational management. HCM solutions transform traditional HR functions into opportunities to drive engagement, improve retention, enhance productivity, and increase business value by helping organizations strategically invest in and cultivate their most important asset, their people.

Adopting strategic HCM solutions can transform an organization from a potential employer into an in-demand employer brand.

‍