Your business develops a personality as it grows into itself. The processes, systems, and technology you put in place all contribute to what it feels like to be a member of your team. This is why it’s incredibly important to make sure you know what order to purchase your tech stack in and how it will affect your business. If now is the time for you and your business to start building a robust tech stack, we’ve got you covered. In this blog, we will guide you through the most important HR tech stack systems and the order in which to invest in them.
A tech stack is a combination of tools and technologies used by an organization to manage its people and operations. The technologies should aim to streamline processes, guide data-driven decision-making, and enhance employee experiences. The age and size of your organization should help you determine when to begin adding to your tech stack. For example, if your business is in its infancy, your priority may be organization, while a more mature company may be ready to start focusing on professionalizing its processes. Assessing the needs of your team is the best place to start when considering investing in technology.
The foundation of a robust tech stack begins with a Human Resource Information System (HRIS). HRIS systems are essential for managing employee data, automating administrative tasks, and ensuring compliance. We recommend investing in this system first because it can organize a lot of valuable information for your organization all in one place. That information includes employee data, onboarding, payroll, talent acquisition, training management, and more. A good HRIS can streamline many of your HR processes at once and enhance your organizational efficiency.
Once you have a solid HRIS in place, the next step is to invest in a performance management system. This system should allow you to set clear goals, track progress, and evaluate employee performance effectively. Performance management is crucial because it not only holds your teams accountable, but it can also help you document performance standards and strategic objectives. When you’re looking to grow and sustain your business, this part is critical.
Generally, when your organization reaches the 20+ employee mark, it’s a clear signal that it’s time to prioritize culture. The first step to building a strong company culture is developing core values. These values will guide your entire organization in how they interact with one another and how they treat your customers, so make sure you choose them wisely. Once you have your core values, you must put processes and systems in place that reflect those core values. For example, if one of your core values is “Continuous Learning” you would offer training or lunch and learn sessions about skill-building or personal growth. It must be clear what action is associated with your core value. Your values will be meaningless if they are not tied to a set of behavioral expectations. Any organization can say that its core value is “teamwork”, but do they have any processes in place to promote teamwork and cross-department collaboration?
For organizations looking to leverage their culture to maximize performance, MindGoal is the perfect solution. MindGoal is a data-driven solution that helps you scorecard your culture. We apply the philosophy that your culture should reflect your core values and the behaviors associated with them. Our solution is completely customized to track employee participation in culture initiatives, 360-degree feedback, and recognition received per team. Your Culture Scorecard will help you see the effectiveness of your culture and help guide your decision-makers to implement more informed company initiatives and better serve your teams. If you want to build a happier, healthier, more productive company culture, consider MindGoal for your culture alignment solution.
Building the right tech stack is an essential step in optimizing your organization. Prioritizing organizational efficiency, performance management, and culture optimization will pay dividends for years to come. Once you’re in a position to start investing in technology, it’s important to be intentional about its impact. If your team is ready for a culture solution consider booking a demo with MindGoal today. Our suite of culture solutions can help you keep value talent and grow your business to new heights!
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