One of our most popular blog posts last year was about automating employee lifecycle management. In another recent blog, we also shared how things like a regularly updated HR systems and IT ecosystem integration strategy, in addition to a culture of change can improve business outcomes by an average of 15%. We've explored these issues separately in the past, but it's what's possible by bringing them all together that holds the key to unlocking roadblocks in the employee lifecycle. In this week's HR Blog we explore how #HRtech can help you remove roadblocks, improve the employee experience and generate better business outcomes.

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According to research reported by MIT's Sloan Review, the term 'ecosystem' occurs 13 times more frequently now than it did a decade ago. Now, we all know that buzzwords and jargon tend to get overused and aren't always included in the appropriate context. In the modern business lexicon, the word 'ecosystem' has been used to refer to support functions, product portfolios, service bundles (the list goes on). Behind these linguistic applications however, there is a bona-fide new phenomenon evolving in the marketplace. That is the rise of dynamic, multi-company (eco)systems that provide the foundation for new ways of doing business. These digital ecosystems are comprised of companies, people, data and processes that are connected by the shared use of and intersection between digital platforms. In building these ecosystems, businesses foster collaboration and provide mutually beneficial relationships between all parties involved. If it is true that mastering digital ecosystems are one of management's next frontiers, how can HR professionals take the lead on managing these ecosystems as part of the digital transformation of HR?

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