Global Employee Lifecycle Management
Employee Lifecycle Management (ELM) is a process for administering employee data during all stages of their employment (hiring, on-boarding, transferring, retiring or off-boarding). Transferring from one stage to the other is always susceptible to errors, data loss and data inconsistency. A well implemented ELM reduces the negative impact caused by transfers and changes of employee status to a minimum and feeds lessons learned about common mistakes back into the organization and processes. Identity and Access Management (IAM) When you talk about Employee Lifecycle Management you talk to a great extent about Identity and Access Management (IAM). IAM is more than just an IT acronym; it is the basis for ELM in a modern, global and scalable enterprise. IAM again needs Master Data Management. Comprehensive Enterprise Master Data Management (EMDM) Master data management is the umbrella covering all functional MDM activities. 'IAM Master Data Management' is ideally an integrated part of an existing enterprise master data management or if this does not exist, a standalone one. Comprehensive, means to seek cross-functional agreement by whom and how the company data is defined and handled. This book will explain the relationship and dependencies of ELM, IAM and EMDM.
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