Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Goal Setting through HRMS: Aligning Individual Objectives with Company Goals

What is a life without goals? You will never know what to do next if you don’t know what you want to achieve. This is not just about a person but also about a full-fledged business. Like a person needs goals to know what to do, similarly a business has some goals to achieve.  

Setting up goals has been a complex task for the employer for a very a long time. The organizations were not Employee centric in the earlier times. The C-suit of the business used to set up the goal with their perspective and others were compelled to follow what they have been asked to do.  

But today, as we are growing and becoming a community, this approach has changed over time. Now, the employees are treated as a family and aligning their personal goals to the organization’s has become essential.  

Was it possible with the traditional approach? Obviously, not! The structure and the functioning of the goals implementation has completely transformed, and HR technology has played a crucial role in streamlining the goals of the employee and the organization.  

Table of content
  1. Why is it important to align individual goals with organizational goals?
  1. How HRMS has eased the process?
  1. Summing it up.

Why is it important to align individual goals with organizational goals? 

Aligning Individual Goals with organizational goals is essential for the business to achieve what it has been established for. Let’s see what else this alignment is important for: 

  1. Increasing efficiency: To work efficiently, hard work and dedication is important, of course. But do you know with hard work, smart work is necessary too. Organizations work towards a goal and employees have their own expectations. When you align the goals together, the employee knows what to do. This saves a lot of time for the employee as well as the employer, hence increasing the efficiency of the business.
  1. Working unidirectional: When the organizational and individual goals of an employee are aligned with each other, they work in the same direction. It ensures clarity in the purpose and direction of the business. The employee works with the same interest as the company.
  1. Improving employee retention rate: When an employee knows that their expectations are met, and they are working well, they tend to stay longer with the organization. The employees dedicate themselves and this improves the employee retention rate of the organization.
  1. Improving performance and productivity: Goal alignment improves the performance and productivity of the employee. When the employee knows the direction in which they are supposed to work for their growth and the company’s benefit, they perform better knowing that their expectations are met.  

How HRMS has eased the process? 

Traditional approaches to achieve a successful alignment of individual goals and organizational goals had tons of issues, such as: 

  1. Lack of communication. 
  1. Lack of transparency. 
  1. Time consuming process. 
  1. Difficulty in reviewing and tracking progress. 
  1. Challenging heterogeneity among departments. 

To overcome these challenges, it was extremely important to look for some alternative that can help the organization to achieve their goals in harmony. Well, thank God we have technology. With technology and a proper set up, the HRs leaders were able to build HR software that not only worked for common issues but also for goal alignment.  

Yes, you heard it right! Hrms has been a proven blessing to the HRs for alignment of individual and organizational goals.  

In case you are not aware of what an HRMS is then, for your reference, an HRMS is a Software system used for storing employee data, payroll management, time and attendance tracking, performance management, training and development and goal setting.  

HRMS has helped the employer to overcome these traditional approach challenges in the following ways.  

  1. Improved collaboration and communication: Through HRMS communication between the employee and employer has taken a road which was never open in the traditional times. HRMS has paved a way for proper collaboration and communication between employee and employer.
  1. Integration with performance management systems: Performance Management Systems are automated, collaborative and continuous systems that evaluate and monitor the employee performance continuously. HRMS are integrated with this system to ensure that the performance of the employees is evaluated accurately, and employees can identify their areas of improvement.
  1. Progress tracking: When the employee progress data is recorded over a period, it allows the employer and the employee to identify various aspects. For employees, it manages to show a bigger picture of their status of work progress and for the employers it helps to identify the workflow trend and team development.
  1. Improved transparency: HRMS brings transparency and sense accountability to the employee and employer. Certain features like self-attendance marking system, survey and feedback, badges and rewards ensure that the employer knows what the employee is doing.
  1. Improved efficiency: HRMS tracks real-time progress of the employees which allows them to identify their areas of improvement. This brings efficiency to the organization because the employee is now working the areas they lack in. This attentiveness is essential for the employees. 

Summing it up.

In this fast-moving world where everything is digitalized, we shouldn’t be that one company that is still stuck to those orthodox and traditional ways to get our work done. Today, the Human Resource process has technologized itself and has been completely transformed. Even today there are many organizations that lack development towards this digitalization. A report by gartner  reveals that 56% of HR leaders say their HR technology solutions and strategy do not match current and future business needs. As technology continues to be the No. 1 area of investment in the HR budget, HR technology leaders must innovate to ensure technology delivers business value in a volatile economy.   

Let’s step towards the transformation of being that boring HR to that cool HR that everyone loves.  

I hope we presented our knowledge descriptively to you. We’ll keep bringing in more for you. Till then keep reading, keep thinking and keep HRing!



This post first appeared on Payroll Software | HR Software | HRMS Software, please read the originial post: here

Share the post

Goal Setting through HRMS: Aligning Individual Objectives with Company Goals

×

Subscribe to Payroll Software | Hr Software | Hrms Software

Get updates delivered right to your inbox!

Thank you for your subscription

×