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9 The HR to People transformation is real An overwhelming 94% of HR leaders we polled anticipate HR to People transformation changes in the next three to five years, with nearly half (47%) expecting these changes to be significant. This transformation is a journey, though, and companies are at varying different stages of this. Just 18% of HR and People leaders feel they've made the transition from HR to People already. Two thirds of respondents feel they've observed li le or no change in the last three years so far. Worryingly, 14% of HR leaders said their HR team will never evolve to become a People function. 86% of respondents said they expect the HR to People journey transformation to take up to 10 years. Furthermore, nearly half (43%) of organizations fear they will lag behind in the next 10 years when it comes to keeping up with changes in HR technology. These findings do vary across regions, however, with Australian HR and People leaders expecting the biggest changes ahead; 61% of Australian HR leaders said they expect significant changes in the sector in the coming three to five years. They were followed by the US (49%), Canada and the UK (42% each), and then Germany anticipating the least change (36%). Research findings HR is transforming to People 94% of companies predict HR to People transformation changes over the next three to five years, with 47% saying they expect this change to be significant