MicroStrategy

 
Managing an organization’s largest expense and biggest asset—its employees, is a huge responsibility and the human resources department is in charge of it. The job of HR professionals is not just about ensuring that organizations have the right amount of people, but also check if they are rightly skilled, and are in the right roles, which is crucial to achieving organizational objectives. However, today’s employment climate is highly dynamic. In this digitally advanced age, people are checking out new, better opportunities on the go. Hence, HR professionals also need to up their game and must aggressively attract new talent by employing sophisticated recruiting tools and offering competitive compensation and benefits packages. They also need to focus on guiding employees’ career growth to retain them so that the top performers can occupy key leadership roles in the future.

To help HR professionals understand and ensure optimized staffing level, MicroStrategy [NASDAQ: MSTR] offers an integrated platform that enables recruiters to integrate data from their core HR platforms such as talent management, performance, payroll, and education systems, giving them a single, unified view of their organizations’ workforce. The company provides analytical and mobile solutions to HR professionals that help them leverage the data while enabling the professionals to optimize staffing levels better, recruit and retain employees more effectively, fine-tune compensation packages, increase productivity, and boost employee engagement.

Digitally Transforming Business

MicroStrategy provides a wide range of solutions covering Executive Insights, Talent Acquisition, Talent Management, and Employee Engagement areas. For Executive Insights, the company offers Executive Dossier. Since in most of the organizations, employee information is spread across multiple systems, which make it difficult for HR managers to monitor the operations and identify alarming trends. To this end, Executive Dossier presents a comprehensive view of their organization by combining data from different systems. The mobile application also helps keep managers up-to-date on HR functions by presenting essential KPIs as intuitive visualizations. By leveraging these insights, HR professionals can maximize the potential of their workforce and increase efficiency.

For handling Talent Acquisition, MicroStrategy provides one mobile and two analytics applications, namely Workforce Planning, Recruiting Analysis, and Recruiting Automation. In today’s fast-paced employment climate, HR professionals struggle to get detailed workforce insights to ensure their organization is well-staffed with the right people, right skills, and the right job roles. MicroStrategy’s Workforce Planning addresses this issue by enabling executives to closely monitor employee headcount and individual skill sets to help ensure that the key positions are filled with competent people. It also helps HR professionals to see and compare the headcount forecasts and budgets for business units within the organization.

After hiring a talent does not mean the HR job is done, as recruiting is a never-ending process, where HR professionals have to continually keep a tab on the efficacy of their techniques and campaigns to ensure that vital positions are filled quickly, with the best available talent.

MicroStrategy provides analytical and mobile solutions to HR professionals that help them leverage the data while enabling them to optimize staffing levels better

Helping recruiters with this process is MicroStrategy’s Recruiting Analysis solution that blends data from internal HR systems, third-party applicant tracking systems, and other corporate systems to give HR professionals a broad view of their recruiting program. It also enables HR executives to quickly assess recruitment efforts by viewing KPIs for unoccupied positions, including time-to-fill, time-to-hire, and interviews-per-hire.

While to accelerate hiring cycles, recruiters need mobile tools to help them eliminate delays and work more efficiently. MicroStrategy’s Recruiting Automation helps recruiters in this. It can work independently as well as with the existing tracking systems. It enables recruiters to manage their hiring processes wherever they are. The Recruiting Automation also allows them to conduct interviews, gather feedback on candidates, select hires, and finalize offers—all without being tied to a desk.

Managing talent is another major role for HR professionals. MicroStrategy’s solutions, like Attrition Analysis, Performance Management, and Training and Education, help them in this. Attrition Analysis addresses the challenges that recruiters face after hiring new individuals, for example, recruitment, onboarding, and training that cost a lot. Using the solution, the HR professionals can identify employees with several risk factors for turnover, understand the conditions creating the risk, and take proper actions to fix the situation and ensure that the top talent is retained. Performance Management helps them find top performers and ensure that their performance review processes yield actionable results. Besides, this solution of MicroStrategy also enables recruiters to assess the top performer’s skill sets, and form their career paths with training and development, better goal setting, and merit-based hike. Besides, the insights gained through this solution support recruiters in motivating their employees while also enhancing their skills, so they are future-ready for more senior roles.

"Managing talent is another major role for HR professionals. MicroStrategy’s solutions, like Attrition Analysis, Performance Management, and Training and Education, help them in this"

Not just hiring, checking performance, and retaining are the jobs of an HR professional; they are responsible for proper training and education also. Since the organizations invest a huge amount in hiring the right talent, and in maximizing the return on investment, they should also focus on the training to advance their careers and to continue adding value to the bottom line. Using MicroStrategy’s app-based Training and Education solution, HR executives can ensure that employees are provided with the information they require to be successful in their role. It offers easy access to employees to view presentations, videos, competitive intelligence, and complete course certifications—all from their mobile devices. With Training and Education solution, HR professionals can reap the benefits of higher employee satisfaction, lower turnover costs, and a better-run business.

Though most of the solutions of MicroStrategy focus on enhancing HR professionals’ efficiency, the company provides a solution for employees to make them self-sufficient. Employee Self- Service is one such solution that helps keep employees engaged, productive, and more satisfied by integrating self-service applications that condense multiple systems into a single place.

It allows employees to create and modify their personal profiles, payroll information, monitor their individual benefits, and contact respective departments if they have questions. Moreover, the solution also helps increase HR and payroll related transparency and result in better communication between employees and the departments designed to support them, facilitating a more integrated, knowledgeable, and engaged organization.

MicroStrategy has developed another solution for the employees, which is a Digital Badge that helps organizations in maintaining security. Since plastic ID badges, passwords, and hardware tokens are hard to manage and—because they are easily lost or stolen—they are prone to security breaches. To tackle the challenge, the company has developed digital identity badges. These badges come with a range of highly configurable, multi-factor authentication features, including support for biometrics, one-time passcodes, push notifications, face-to-face validation, as well as time- and geo-fencing. Employees can easily log in or out using their digital badge, and can also open entryways via Bluetooth proximity, or by using a digital key on their smartphone.

As per the Report to the Nations’ Occupational Fraud and Abuse Study 2018, occupational fraud is extremely costly. Twenty-two percent of occupational frauds caused at least $1 million in losses. To avoid such costly (accidental or intentional) errors in time-logging, HR organizations need to automate time and attendance tracking. MicroStrategy’s Time and Attendance Tracking solution help HR professionals save money as they can simply replace timesheets and outmoded systems by allowing employees to automatically check-in and out of their shifts by merely using their smartphone. This solution comes with Bluetooth proximity features and geofencing or time-fencing capabilities that let employees enjoy a more convenient experience, while the app-based multi-factor authentication features help ensure secure user validation.

Vision: ‘Intelligence Everywhere’

The driving force of MicroStrategy is the company’s Founder, Chairman, President and CEO, Michael J. Saylor, who brings over three decades of experience in the business intelligence marketplace. He founded the company in 1989 on the principle that the future belongs to organizations that effectively harness the power of their data. This vision has driven MicroStrategy from day one to deliver world-class software and services that redefine what is possible and help transform its customers on their journey to becoming the Intelligent Enterprise.

Today, every other major organization is the client of MicroStrategy, which includes Coca Cola, MERCK, AIG, Adidas, Hilton Worldwide, and many more. One such client is Herbalife– drugs and druggists’ sundries merchant wholesalers that rely on MicroStrategy to better manage its worldwide operations. Approximately 500 Herbalife employees, including staff in sales, finance, and marketing, use MicroStrategy dashboards to gain a clear understanding of global sales performance. Also, with MicroStrategy solutions, the HR team can effectively manage processes related to recruiting new employees and assessing supervisor quality.

Due to its unmatched services, MicroStrategy has always been recognized and honored. Recently, the company has scored highest in Gartner’s Critical Capabilities Report. It has also been named a market leader in 2018 BARC Score Data Discovery Report. To continue on the breakthrough idea to empower every individual with actionable intelligence, and helping organizations unleash the full potential of their people and investments, MicroStrategy is continually working towards bringing world-class software and expert services to the market.