Main Objectives of SMRT Group

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Main Objectives of SMRT Group

The objective of the SMRT Group is to provide a one-stop digital centre for human capital development in the digital age through two (2) key initiatives which are as follows:-

(i) to develop human capital competency development and performance management software and a web based on-line learning management system; and

(ii) to provide related services such as implementation consultancy, web services and HR outsourcing.

The SMRT Group aims to be one of the largest HR competency and performance management solutions provider for businesses not only in Asia, but also worldwide by positioning itself as a high value medium price provider developing cost effective solutions.

In view of the above objectives, the SMRT Group has successfully developed and marketed worldwide a unique human capital management and development system called HRDPower™ to address the above initiatives. The HRDPower™ software system is presently being utilised in 31 countries worldwide.

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The Uniqueness of HRDPower™

HRDPower™ software system powers competency development and performance management by providing the analytics required for achieving superior performance. It is based on current technologies such as VB6 (Visual Basic Version 6), VB.net and ASP.net; high-level security features and multi-lingual capabilities by optimising the code rather than rewriting the code. The product can interface with any database (Oracle, SQL server, DBII, mySQL) and with any device such as desktop and mobile devices. It is also developed to enable rapid implementation and deployment of human resources within weeks rather than months or years. The system provides for value based HR by being enterprise driven rather than being transactional through the web-enable facilities.

In the current context where organisations are committed to achieving continually increasing levels of performance from their workforce, HRDPower™ software system provides reports for effective and efficient decision making processes for management in a seamless and instant manner.

HRDPower™ software system is the result of the alignment between functional expertise in HR competency development and technological expertise. The HRDPower™ software system is a response to the worldwide trend in managing occupational competency standards for superior performance. The UK, USA, Canada and other developed nations have been extensively embarking upon competency development, performance management and on-line learning as a result of the business changes in the world. HRDPower™ software system automates the entire process and adds value directly to organizational strategy with its intuitive simulations to present decision makers with relevant and timely management information.

The HRDPower™ software system is unique as it is relevant and imperative for the growth of an organization. Unlike other HR solution providers who focus on operational HR matters such as payroll and time-keeping, the SMRT Group provides a differentiated product by focusing on the productivity and competency of the employees and the effects on an organisation’s bottom line thus making HRDPower™ software system unique in the marketplace. HRDPower™ software system is also designed to be self-manageable to ensure that it can meet its customers’ current as well as future needs. As it is not an off-the-shelf software but one which can be customised to meet the critical needs of organisations, HRDPower™ software system has a longer product life cycle than most typical software products.

Eventually, both these initiatives of competency and performance development with the on-line learning will result in the development of a large portal for all sectors and industries as the trend is towards integration. Again, this will be a unique move in the HR technology field.

Provision of Information For Decision Makers

HRDPower™ software system is able to provide management information for vital management decision-making just-in-time, as and when needed or almost immediately across the enterprise as follows:-

	Required competencies by position, team, department, and organisation.
	The different types of competencies required – core, occupational and behavioral.
	Assessment of competencies.
	Current competencies of employees, teams, departments and organisation.
	Competency gaps of individuals, teams, departments and organisation.
	Training needs.
	Benchmarking to the industry, sector, national or internationally based standards.
	Development actions are automated.
	Career management is facilitated though the HRDPower™ software system.
	Succession planning carried out for critical positions.
	Talent pipelines for organisational competitiveness.
	Performance management system / key performance indicators are created and tracked across the enterprise.
	The HRDPower™ software system is also linked to the web based on-line learning management system to ensure just-in-time learning and the management of knowledge within the organisation.
	The management of the HRDPower™ software system over the web provides real time information whenever required and wherever required.

Supporting The Government's Initiatives

The key initiatives of the SMRT Group are in line with the goals of MSC and directly support the Malaysian government's policy of developing a competent workforce that is competitive.

Research

The SMRT Group researches the needs of the customers extensively and works towards delivering cutting edge solutions that exceed customers' expectations. The SMRT Group has always managed to be proactive by studying the needs of the customer base and addressing their needs in developing and managing the human capital. The SMRT Group has always remained very close to the technological innovations and being a leader and an early adopter in its area of niche rather than a mere follower. The "click and mortar" philosophy of organisations today requires a great understanding of their needs. The SMRT Group has always responded to this need by paying attention to trends in the customers' industry, technology and changes in the business world. This has allowed the SMRT Group to offer itself as a preferred partner of choice for the human capital development and management needs.

Impact of Knowledged Based Economy On People

The next wave of economic growth is expected to come from knowledge-based businesses and businesses today can be considered to be competing in two worlds: a physical world of resources that we can see and touch and a virtual world made up of information.

The latter world has given rise to the world of knowledge-based economy and a new focus for value creation through human resource management and development. In the context when knowledge is the scarce resource in an organisation, it becomes imperative to convert the tacit knowledge resting within people's heads to explicit knowledge that pervades the organisation. Otherwise, when an employee walks out through the door, the knowledge walks out too. Knowledge powers the organisation and it has to be managed. This gives rise to the need for acquiring, development, retention and management of the right talent for the organisation to grow almost on a continuous basis. The Group's HRDPowerT software system is focused towards the effective management of the enterprise's vital asset that is human resources.

Impact of Technology On People Development

Through the use of technology, employers and employees can be managed across time zones and distances to deliver performance directly without another layer of intermediaries in the physical world, thereby reducing the costs of operations and saving time. This has become especially urgent with the advent of a borderless world and with globalisation taking place at a rapid rate. The modus operandi for developing and managing people is done through the electronic media with the emergence of the Internet.

In an organisational context, organisations take pride in declaring allegiance to the importance of people yet the harsh realities of the competition globally require cost cutting measures almost on a regular basis. In such a scenario, solutions such as HRDPower™ that cuts costs and reduces time while managing HR are exclusively preferred by customers.

Early Mover

As an early mover in providing competency management and HR management solutions to the global and Malaysian enterprises, the SMRT Group is positioned as a niche technology enabler. By innovating and adopting new technologies, the SMRT Group has always been in the forefront of new solutions that has given the SMRT Group a very strong competitive edge.

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