If you find value in content like this, sign up for my Talent Edge Weekly newsletter.
With the HR Tech Conference taking place last week, many HR leaders and practitioners experienced the excitement of the latest advancements in the HR tech market. As HR teams think through the various components of tech decisions that will deliver the greatest value, this cheat sheet offers a few questions across four categories:
- business needs,
- vendor evaluation,
- cost and ROI, and
- security and compliance
For example, under business needs: What business problems are we solving? How will HR technology address these areas? What do we expect to be able to do better and more effectively compared to how things are done today? For vendor evaluation: What percentage of the vendor’s customers use the platform for the functionality we need, and what results have they achieved? Regarding cost and return-on-investment (ROI): Will ROI be realized in the near term, or over a longer period? If the latter, what value will be captured in year one, year two, and beyond? I’ve included an editable text box that can be used to insert high-level notes for these four areas. While there are many other questions and categories that should be integrated into this starter cheat sheet (e.g., ethical AI), you can use it as a starting point to jumpstart discussions on this topic.
