Over the past 20 years, companies have embraced the idea that the knowledge and skills of their workforce drive the majority of their value creation. Yet most still spend more time and money measuring and tracking their physical assets than their people.
90% of the Fortune 1000 companies will replace their Human Resources Information Systems (HRIS) in the next decade. It is easy to slip into the misconception that replacing an HRIS is a simple technology change. The truth is these tools are not a silver bullet.