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Wednesday, February 17, 2010

Significance of the name H Factors

We are all aware of the term Factorial (also shortened as Factor) from our school days. All of us used to dread those permutations and combinations topic & this term used to very frequently appear there.
So just to refresh memories.. n! meant the product of all numbers less than or equal to n, so 5! will be 5*4*3*2*1. Hence higher the "n" higher this factor number. Also colloquially, we often say, there are n number of ways of doing this..!.

When we looked around the HR and the HR technology space we found that there are lot of things that the organizations could do which would add value to their HR technology investments. We can call these "things" as Factors. This blog as Tanzil mentions below is focused on all the factors that matter to organizations, but due to many reasons remain under utilized.

Hence we decided to name this blog as H Factors, which signify a number of factors which can & should be taken care of to ensure that an organization fully realizes its value from its HR technology & thus manage its employees better. As we go along we will be highlighting these factors and suggesting ways and means to better them.

Also the Factor symbol when turned upside down resembles a human like figure & thus nicely fits in with our name. The image on the right side represents our thoughts on the name of this blog.

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