Home » Business, Marketing & Sales, Professional Services, UK » Technologically bankrupt old guard set to miss out on HRMS growth as innovators poach Asian clients at HRTCA 2016. Sad!

Asia’s top companies are quickly refreshing HCM technology suites to boost their sales and remain profitable in a volatile, uncertain, complex, and ambiguous (VUCA) global economy. New app innovators like Facebook and Google are set to win big in Asia, preparing incumbents for a sad retirement as their growth retards in Asia and lags. Top CHROs meet at the HR Technology Congress Asia, happening on 1-2 December 2016 in Singapore to compare technologically robust solutions that can drive sure growth in the Asian century.

SINGAPORE (11 October 2016). The Age of Robots has already begun and Asia’s high growth companies are ditching rusty and clunky HCM solutions for fresher, faster HCM solutions that drive performance enabling their companies to survive in a volatile, uncertain, complex, and ambiguous (VUCA) global economy.

“Our efforts have to be targeted today and constantly build a future ready workforce by having a creative and innovative environment,” says Indosat Ooredoo CHRO Ripy Mangkoesoebroto. Indosat recently invested $200 million dollars to upgrade its data center to make it “easier to access, less complex, and more affordable.”

Ripy has architected and led the transformation journey of Indosat into a fresher, more youthful, and digitally ready company. Her hard work with the team and the board are starting to pay off. Indosat Ooredoo, Indonesia’s second largest telco provider, has become the company with strongest data revenue growth in the industry, from almost zero to 56.9% revenue growth in 2015. Ripy will be sharing her experience at the HR Technology Conference in Singapore.

The business landscape is changing very fast and incumbent solutions are just not adapting fast enough. The worldwide enterprise applications market will hit $208 billion by 2020 and Asia is expected to eat a significant market share as replatforming and rebuilding of capacity in Asia’s top companies intensify.

“We see the business environment change at a rapid pace with interplay of global mega trends, ascent of digitised technologies and deployment of disruptive practices in the space of Advanced Robotics, 3D Printing, Cloud computing,” says Pratap G, Global Human Resource Head, Maersk – GSC.

“In times like these, it is vital for HR leaders to constantly learn to unlearn and deploy an organisational strategy that not only addresses people anxieties but sets avenues to build capability, embrace diversity and find opportunities that foster organisational growth and profitability,” he adds.

Pratap will be sharing his perspective on “Changing role of HR & key constituents of designing people strategy in changing times” during the conference.

“It is our actions today that will determine whether future changes in the marketplace may simply result in significant displacement of our valued workforce or the emergence of new roles and opportunities for them,” says HR Technology Conference Chair and former KMPG Indonesia President Director, Wilson Fyffe.

“To not be blindsided by disruption,” Wilson adds, “this is the key objective at the HR Technology Congress Asia.”

“How can technology be optimally used to hire the right talent in time? As we follow through on our mandates to build digital organisations, it is important to quickly re-align HR processes to suit the ever changing business context,” says Hari AP Nair, Head of Continuous Improvement, BASF PETRONAS Chemicals.

“How can we remind our employers to put people first in this age of disruption? How can we use technology to ensure excellent workplaces that the most productive talent would fight to be part of? How can we transform ourselves to deliver better strategic value?” Hari adds. He will be sharing a case study at the Congress.

This is at the heart of what will separate the companies that will flourish moving forward from those that will disappear. Payroll costs take up to 60% of company expenses, and HR compliance missteps, having the wrong people in the wrong places, and stagnant employee productivity would certainly mean this money will likely not come back as ROI without some radical change to systems in place.

Alternative solutions, such as Google Apps and Facebook Workplace, now offer more agile, modular, and convenient solutions that have proven successful in the marketplace, while incumbents take too long to refit and adapt.

And it’s fly or die in this market. One company had to find $5 billion in operational savings, so its digitisation cut deep into wasteful internal processes and technologies.

The 7th HR Technology Congress Asia 2016, happening on 1-2 December 2016 in Singapore is designed specifically to help you achieve and grow in your role as a people manager, and find effective technologies that:

 (1) Make timesheets, payroll, taxes and compliance faster and easier

 (2) Use the latest mobile, cloud and online apps to ensure you have the right people in the right places, and

 (3) Accelerate employee performance with gamified and social learning tools for transformation

More insights that will be shared at the HR Technology Congress Asia 2016 include:

ASEAN Transformation Strategy and Effective Regionalisation – Maybank’s Head of HR Strategy Mei-lynn unfolds key insights

Mobile-First Digital HR – Digi (Telenor) CHRO, Haroon Bhatti shares his experience

HR in the Age of Technological Disruption – Asian Institute of Finance CEO, Dr Raymond Madden highlights the role of HR during FinTech disruption, the drivers of innovation and disruption in financial services, and Gen Y in the workplace

Building A High-Performance Bank in Indonesia – Bank Rakyat’s CHRO Farid Basir rewires thinking to transform into a high performance organization

Shaping A Future That Works – AIG’s HR Head Lhen Perez engages you with a different kind of insight

Managing Rewards and Incentives In HR Shared Services And Outsourcing In A VUCA World – Microsourcing HR Head Marie Pearl Martinez uncovers key observations

To register your team at only $1950 each (Groups of 3: 30% off, Groups of 5: 50% off), email your registration form to hrtech@arcmediaglobal.com today! Visit www.arcmediaglobal.com/hrtech to request full agenda. Sponsor or exhibit at the Congress, by emailing olivia@arcmediaglobal.com.

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