What You Need to Know 3Sixty Insights spoke with a customer of Unit4 whose choice to continue their transformation by moving their human capital management (HCM) and financial planning and analysis (FP&A) tools to the cloud helps illustrate several emerging realities. Much of the need for HCM resides beyond HR’s traditional scope. HCM technology is at its best when integrated seamlessly with other domains of the enterprise. It provides deep companywide insights into the organization’s people data. This, in turn, furnishes leadership and line managers alike with the information they need to make real-time, informed decisions on staffing for optimal organizational resilience—e.g., workforce agility, financial control, cashflow management, reduction in staff turnover, right-fit talent for organizational growth, etc. People-centric organizations tend to have forward-thinking leaders […]
Continue readingHow to Effectively Debate Investment in HR Priorities with Your CFO
Chief Financial Officers (CFOs) have always been a friend of mine. Early in my career, I was the human resources business partner supporting the CFO at a global software development company with around 5,000 employees. My role was partnering with the CFO and the leadership team, aligning around the business strategy, and leveraging the workforce to deliver on that strategy. That included everything from recruiting, developing, and retaining talent. I worked on some very cool business priorities – restructuring to financial centers of excellence and transforming the business with technology. What I learned from that experience is how to effectively negotiate for investment in talent strategies within the construct of the budget dollars and business strategy. Thankful for that experience! Now as an industry analyst, […]
Continue readingAnalyst Insight: Zoho Ex Apps Revolutionize Recruitment and Employee Workflows at Sngular to Deliver Valuable Efficiencies and Data Analytics
What You Need to Know Growth through expansion and, in particular, mergers-and-acquisition (M&A) transactions continues to be a fundamental business objective for businesses across all sectors and industries. In 2021, M&A activity totaled $5.9 trillion globally, breaking previous records. According to market experts, despite a drop in the first half of 2022, pre-pandemic numbers are returning. The rewards of growth by acquisition are considerable, particularly if broadening your services and product offerings becomes a key differentiator, thereby putting you in a much stronger position in the market. However, there are several considerations around expansion through M&A that can cause issues for companies during the integration phase and beyond. This Analyst Insight focuses on the scalability of your resources, especially around employee acquisition and workforce management. […]
Continue readingNestell & Associates Guest Podcast: What Is HCM and Its Value to Organizational ERP Change Effort with Brent Skinner
About this Episode In this episode, we discuss human capital management (HCM). ERP organizational change success requires managing, developing, and training stakeholders. Let’s explore how HCM can potentially support stakeholder development and ERP success With Guest Brent Skinner of 3Sixty Insights. A sound HCM program has the potential to improve competitive advantage. Additionally, organizations need to understand how to manage team diversity and the development of their stakeholders. Each stakeholder group often consists of a large degree of diversity in terms of expectations, realities, and human capital requirements needed for an ERP organizational change endeavor. Let’s explore in this episode how HCM can contribute to improved decision-making, alignment, and teamwork Listen to the full Nestell & Associates Podcast here: The ERP Organizational Change Journal Podcast
Continue readingAnalyzing M&A: OneSource Virtual’s Workday Deployment Business Acquired by Cognizant
For as many as 1,300 OneSource Virtual (OSV) customers, the announcement that Cognizant will buy its Workday professional services and consulting business is easily missed. Timing-wise, the acquisition was announced immediately following OSV quarter-end sales (Halloween) and just before politically charged mid-term elections. Moreover, Cognizant is still not a widely recognized brand in HR circles or within the Workday ecosystem despite its 2020 acquisition of long-standing Workday partner, Collaborative Solutions. What just happened? Press releases tell us that Cognizant has entered an agreement to acquire the professional services and application management practices of OneSource Virtual. In layperson’s terms, this is the technical deployment business that requires certified Workday professionals to configure and integrate Workday customers to go-live. It also includes the application management solutions (AMS) […]
Continue readingMonthly Research Recap | October 2022
Recent Announcements: 3Sixty Insights and Sales Conservatory Announce Strategic Partnership, Enhancing the Expansion of Research to Sales and Sales Enablement BOSTON, October 28, 2022 – 3Sixty Insights and Sales Conservatory jointly announced today the formation of a strategic partnership. Enhancing research and consulting capabilities in sales and sales enablement for 3Sixty Insights, the partnership creates additional consulting offerings around sales and sales enablement to its loyal client base. Recent HRTechChats & Podcast #HRTechChat: Talent Management — It Will Blend Should we even call it talent management anymore? It’s the question posed for this, the second installment in an ongoing series of #HRTechChat episodes featuring 3Sixty Insights’ own analysts in human capital management. The answer is, it depends. Jen Dole, now well past her 90-day mark […]
Continue readingEnterprise Risk’s Race to the Bottom: Sexy SAIDI
Cue this one up for today’s soundtrack: https://www.youtube.com/watch?v=tSk5U4oHhu0 Today I learned the statistical acronym SAIDI: System Average Interruption Duration Index. It’s the internationally recognized formula for calculating the average outage duration for each customer served by a utility, and it’s calculated by the expression: For those of you still PTSD’d from high school algebra and things containing letters from the Greek alphabet, in other words, it’s the sum of all the customer interruption durations divided by the total number of customers. Why should anyone care, do you ask? Following up on our recent examination of supply chain risk under-mitigation, have you or anyone else in your company investigated the impact to your business if, suddenly, employees’ mobile phones stopped working for any extended length of […]
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