Continual and increasing change in both the business and technology
environments has created a serious challenge for organizations. Successfully managing
change has now become a critical success factor in all industries, and a key component of
that success is the attraction, retention and motivation of Information Technology (IT)
professionals.
The challenge for IT and Human Resource (HR) executives is
well documented. The challenges include:
IT turnover is increasing
Quality resources are scarce and expensive
Standard HR practices are not working in IT
These challenges require firms to develop an IT-HR solution
that supports their business strategy and works within the business environment. Firms
must identify the right combination of rewards and incentives to keep their current staff
and attract new talent. And most importantly, they must develop methods to manage,
measure, motivate and reward IT professionals and forge a new relationship with HR.
CoreTech Approach
As an IT consulting firm with a broad set of capabilities,
CoreTech has long realized the importance of the human factor in the
successful implementation of technology change. It is essential that companies bridge the
gap between the needs of their IT departments and those of the professionals required to
get the job done.
To help clients address these critical issues, CoreTech has
developed the IT-HR Life Cycle Framework, which encompasses the current best practices for
the IT industry. CoreTechs approach begins with the clients business strategy,
technology strategy and sourcing strategy. Based on these strategies, the IT People
Strategy can be developed.
CoreTechs IT Human Resource Life Cycle identifies and
demonstrates the complexity of HR management and highlights the interconnection between
the key areas of recruitment, retention and redeployment. By addressing the entire life
cycle, firms can see immediate impact and a dramatic change in their recruitment and
retention rates and, as a result, a reduction in their overall cost of turnover. |