Making Sound HR Technology Investments

Business is not standing still. Companies are making technology investments in their supply chain and customer facing systems. Human capital is the #1 expense of an organization, and making investments in managing information about that expense needs to happen too.

Where do you start?

If you do not already have a technology strategy for Human Resources, than that is where you need to start. If you do have a strategy are you using it or has it become "shelf ware"?
What initiatives are you currently involved in that were launched from your strategy?

If you currently do not have any HR Technology initiatives underway you probably have identified projects that are too costly to achieve support.

Revisit your strategy and look to see where a larger project can be scaled down.
The investment that costs least, has the best ability to achieve a return and get approval.

Some good sound investments today are niche SaaS products that provide intelligence about the workforce, portal technologies and social networking tools.
They cost significantly less than an HCM or Talent Management Application suite and will provide you with tools that will be essential as the workplace transforms.