Nearly three-quarters (72%) of chief HR officers (CHROs) say they are not satisfied with the level of insight they extract from their company data, according to a new survey by Consero Group, an international leader in creating high-level, invitation-only events for senior executives. The results were reported as part of Consero Group’s 2015 Chief HR Officer Survey.
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In addition, only 34% of CHROs reported that their current HR Information Systems (HRIS) meet the needs of their HR operations. Furthermore, 81% of HR executives surveyed considered the procurement of new technology by their department to be at least a medium priority, while 48% considered it a high priority.
“Using the right technology to derive actionable insight from company data allow chief HR officers to set their organizations apart and find the right talent to help drive the growth of their companies,” said Paul Mandell, founder & CEO of Consero. “Finding a suitable HR Information System and focusing on extracting insights from company data will be critical issues for these executives moving into 2016.”