Over the years, the corporate world has evolved from localized businesses to nationalized business to a world of globalization & international business. Also, today's business world faces a workforce which spans over 4 very unique generations: Matures, Baby Boomers, Generation X, and Generation Y. In addition, we have a highly "mobile" business environment and employee base. At the same time, it is also a world where technology makes it possible to be in constant contact with the other side of the world as well as people in our own towns through webinars, conference calls, wireless laptops, PDAs, blackberries, iPhones, emails, texts and instant messages. This global and mobile environment is a world of instant communication and instant reach, and our businesses and workforce today are under constant pressure to keep up in order to be competitive and profitable.
In today's corporate world — the globalization, the four distinct generations and the wireless internet technology — gives us rich cultures, ideas, thoughts, leadership, mobility and the urgency of now. At the same time, it also gives us a business world that never sleeps and can reach its employees in all hours, and we see vacationers on their PDA's sending emails to work while sitting under an umbrella at a beach (supposedly enjoying their vacation) — which besides for posing the reality of work-life balance — also creates a need of valuable, instant information at your fingertips. The workforce of today's world is no longer constraint to a specific job, location or an area like their predecessors. The mobile workforce brings the challenge of retaining your KEY talent for the right cost.
Because of the unique world corporations face today, getting and retaining the right talent to match the day to day needs of your organization is a constant challenge. The job of Human Resources has shifted from simply retaining employee records, assigning benefits, and cutting out a paycheck to being THE KEY that helps your organization reach its goals, objectives and financial revenue to stay competitive & successful by attracting and retaining the key employees / talent. At the same time, HR needs to predict the resourcing needs and the cultural mindset of the future, as the Baby Boomers and Matures reach a retirement age while Generations X and Y (also known as the generation of "instant gratification") become the decision makers of the corporate world. Hence, today's HR world has changed its name from Human Resources, Benefits, and Payroll to something that includes those business processes and MORE. It's branching into the areas of automated, web-based, self-service, analytics and efficient talent management as a whole; coining the new name: Human Capital Management (HCM).
The Human Capital Management department of the 21st century and beyond is a crucial business partner for each department (Financials, Supply Chain, Customer Relations) in reaching its annual, short-term and long-term goals. HR helps the other departments obtain and retain the right talent, the right people, and the right resources in this mobile and global society, to achieve the organization's business goals and objectives. In addition, HCM departments ensure that the people that are retained are staying up to date with their skills, training, and their competencies are aligned appropriately to be productive and fruitful for their departments.
At Elire, our 10 to 20 plus years of experienced consultants understand, live and provide solutions to the challenges and demands of today's Human Capital Management. In other words, Elire consultants work with you to provide you the full circle and wheel of Human Capital Management. Prior to working with Elire, majority of our consultants worked at PeopleSoft Corp, Oracle Corp, and/or one of the Big 5 consulting firms. Because of this, our consultants are well-versed with Industry Best Practices and bring you the best of breed HCM solutions. Our talented team collaborates with your talented team to provide solutions and insights in several capacities and areas: We provide the 360 degree Human Capital Management business perspective and knowledge so that when your team collaborates with our experienced consultants for an upgrade and implementation — TOGETHER, we spell SUCCESS by providing you the tools to make ALL your departments and organization successful as a whole.
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