HireLabs| PerspectiveThe Bottomline - Part II of III

A HireLabs Inc. ResearchJuly 2009

Steps to HCM success through Talent Assessments

Implementing a successful HCM system involves quite a robust, and an in-depth analysis of organization-wide requirements. But that is just the beginning.

For an HCM system to successfully integrate employee assessments for workforce development means constant follow through on organizational needs – and since needs keep changing according to business

dynamics, the whole process calls for a step-by-step process that could act as a guideline to align human capital development to organizational requirements.

In the first part of this exclusive 3 part series on aligning performance management systems with organizational development needs, we discussed how sharing best practices, accountability in objectives, and data mining can increase the success co-relation between employee assessments and HCM implementation.In this second of 3 exclusive parts, I will touch upon the importance of -

Compliance in HCM implementation Employee Engagement Strengthen Management Skills

HireLabs | Perspective

HCM and Talent Assessments: Talent Series 2.0

Compliance in HCM implementation: COBRA? EEO? FLSA? FMLA? HIPAA? Sarbanes-Oxley? The human resources department is responsible for the most important asset of the organizational – No! I’m not talking about cash - It’s a PEOPLE business! And the people business is complex.

Why? Simply because of the fact that human beings come in individual ‘packs’. No 2 of us are the same. We are a complex species. Sigmund Freud must have had the nerves of steel to bear all those experiments to get to the bottom of what people feel and how they react to those feelings given certain environments. Even more the reason to make sure that your company’s compliance must be a top priority. Record keeping. accuratereporting, knowledgeable leaders, and the timely dispatch of information system-wide will ensure a strong performance management system that keeps in line with critical regulatory requirements and mitigate costly legal proceedings.

Energized people get more done – period! That means getting them engaged to levels where they are willing themselves to commit to organizational positioning than to force them into it. The only way possible, it seems, is to have an organizational model of excellence in human performance. And this is where a company’s HCM practices come into play. An HCM framework that can flawlessly integrate employee development to provide real-time candidate behavior levels and variances on established benchmarks can go a long way in minimizing disengaged employees, increase employee commitment, and eventually provide a roadmap to your company’s future HR leaders in strategic decisions.

The HCM system should support key management decisions. The management should be able to expect, receive, retain, and extract information – and then follow through with critical feedback that is objective in scope, yet dynamic in structure. This enables transparent integration of employee assessment needs, enhances needs building capacities, and strengthens managerial abilities to analyze performances. Such would be the power of a simple, yet comprehensive HCM system.

scope of your company’s existing HCM models.

HireLabs | PerspectiveHireLabs | Perspective

Step 5

Step 4

Step 6

In the final part of The Bottomline, I will discuss key strategic concepts that have the potential to increase the

have been used in talent identification and at leadership development programs at organizations including

and government agencies that are looking for an integrated human resource solution to better manage their talent. Hisstrong background in operations and finance has earned him a seat on the Board of Directors of Medicove, IntelligentFilms, and HireLabs. Mr. Qureshi conducted research in cellular biology. His interests reside in using concepts of SixSigma in building intelligent systems to predict human behavior.

About HireLabs Inc.

Mr. Qureshi, a serial entrepreneur, devised a methodology of quantifying human behavior through a process of Six

About Saleem Qureshi

Sigma. He holds a number of patents in the quantification of human behavior. His techniques of pairing and matching

HireLabs is a talent assessment company that grew out of Stanford University. It has used it’s intellectual propertybuilt over the last 9 years and built a highly scalable technology which is currently provided as a S.a.a.S solutions forworkforce development.

support@hirelabs.com1.650.492.5007 U.S

All products/services names, providers, and solutions mentioned herein may be the trademarks of their respective owners.

www.hirelabs.com

HireLabs | Perspective

No portion of this document may be produced in any form without the prior written approval/permission of HireLabs Inc.

LeadershipDNA, where he served as Vice Chairman. He recently developed the ‘ iHR’ concept for institutional clients

Copyright © HireLabs Inc. 2009. All rights reserved.

Note: The Bottomline can also be accessed online at www.hirelabs.com/blog.