We are the largest Study of its kind in APAC for the third consecutive year

 

After releasing three insightful and in-depth editions, we are delighted to bring to you the fourth edition of the Alight State of HR Transformation Study in partnership with People Matters. When the last edition of the report was launched in 2020, the world was going through one of the biggest crises we have faced in recent times. And this year as well, while there is a positive sentiment across the world in terms of recovering from the pandemic, there still seems to be a long way to go.

The theme for this year’s study, Emerging Stronger, sheds light on how some organisations are pulling ahead in emerging stronger. One of the most critical findings coming out of this year’s study is that adaptable organisations are 1.5 times more likely to see positive growth in revenues and profits. The HR function has certainly proved its mettle in this case and shown how well it can manage disruption. Also in Asia, organisations are projecting a positive sentiment for the coming 12 months, which is a good sign. Hence, it is indeed time to emerge stronger to deliver the right value of HR to stakeholders.

Here are some key takeaways from this exclusive study:

1. Organisations with Adaptable HR functions have 22 times the Net Promoter Score (NPS) on technology satisfaction as compared to the market averages
2. Organisations with Adaptable HR functions are 3 times more likely to be proactive in driving institutional change, new ways of working and adoption of work technologies
3. Organisations with Adaptable HR functions are 3 times more likely to succeed in delivering a closer partnership with the business through their operating model and capabilities
4. Organisations with Adaptable HR functions are almost 1.5 times more confident in their HR strategy & execution. They are also 1.7 times more productive
5. Organisations with Adaptable HR functions are 1.5 times more ready to address talent risks posed by the changing environment

The journey of transformation never ends. As we work towards recovering from this watershed moment in history, it will remain critical to craft a holistic approach to take HR’s adaptability to the next level and emerge stronger in 2021. We hope this year’s report will help you emerge stronger in your journey of transformation this year as well as in the future.