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Is Your HCM Solution Future-Ready?

Is Your HCM Solution Future-Ready?

It’s rainy season where I am, which means weather reports are filled with talk of atmospheric rivers and large flows of water. I like to compare water to information: while both can be hard to manage, each can fuel growth. In a previous post I outlined some of the advantages of integrating your HCM cloud solution with your financials, supply chain, and sales and marketing data. The increased flow of information leads to greater collaboration and engagement for users and more confidence in decisions.

It also allows for more efficient resource alignment. With the rapid pace of change we’re now experiencing becoming the new normal, organizations of all sizes are being forced to continuously fine-tune their workforces. Because change can be messy and unpredictable, it presents HR with a moving target. In response, HR leaders want to become more agile and capable of making adjustments fast.

Where Do You See Yourself in Five Years?

What will your workforce look like a year from now? How about five? Artificial intelligence (AI), machine learning, and other emerging technologies will all play key roles in helping you attract, onboard, and train your ideal employees. AI and machine learning eliminate many of the repetitive, time-consuming tasks your staff engages in and allows them to focus on more strategic activities. Chatbots are already proving to be particularly effective at sourcing new channels and disseminating information to candidates. The additional number of interactions chatbots enable provide candidates with a richer experience and give you more data throughout the hiring process. From planning to hiring activities—best-in-class HR organizations are incorporating the latest tech into their processes—and your HCM solution should too.

Future-Proofing Your Organization

Today’s cloud vendors can offer promises and assurances, but it’s up to you to look closely. Ask them about their investment in R&D. How much, and for how long? Are they going to be around for the long haul? Look to the partnerships they’ve formed, and the degree to which their software integrates with other applications not on their platform. How much budget will you need to allocate for outside consultants?

Probe them on how far along they are in implementing system-wide AI and machine learning—or whether they’ve even started. If they tell you these key technologies are on the roadmap, ask for details on the roll-out.

Is Oracle HCM Cloud prepared to meet the future? Absolutely. And now it’s your turn. To find out more simple truths about HR technology, download “7 Questions to Ask”

 

Learn more about Oracle HCM Cloud

Read more Is Your HCM Solution Future-Ready?
Source: Oracle HCM

5 Things I Learned at Oracle MBX Last Week

5 Things I Learned at Oracle MBX Last Week

Hopping around HCM customer sessions at Oracle MBX last week was fascinating. Unlike in prior years, almost all the sessions I attended were post-mortems on customers’ cloud migrations, and I think it was therapeutic for everyone involved. There were laughs, shared memories of team triumphs, and a sense of pride. Upgrading your back office to the cloud is a real transformation, and each of the customers learned a lot during the process.

Here are 5 takeaways from my time attending the HCM track in Las Vegas:

1. Bring human resources into the cloud with finance

 

Both Penn National Insurance and Veterinary Health Group moved to Oracle HCM Cloud and Oracle ERP Cloud together. They were convinced by the benefits of a common chart of accounts, one general ledger mapping, and one source of truth for employee data. The organization found it helpful to have stakeholders from the HR and finance team involved in each other’s implementations—especially when it came to analytics. Surprisingly, Veterinary Health Group found that HR was generating significantly more reports than finance because they needed more views of the data.

 

2.   Create a culture of the possible

 

Constant communication and education are critical to successful adoption of cloud technologies. Without proper communication and change management, people may be reluctant to support the hard work that goes into an implementation. Make sure the back office teams, for example payroll managers, understand the reasons for the decisions and trade-offs made during configuration. Once your extended team is onboard, they can then help amplify the message of what the cloud makes possible to the rest of your organization.

 

 

3.   Rely on best-practice business processes

Avoid costly customizations and use best-practice processes wherever possible. Oracle Cloud offers modern best-practice business processes out of the box. Exelon, a Fortune 100 oil and gas company, spent time learning the ins and outs of standard payroll flows, so that the team would be prepared if anything went wrong.  They reaped the benefits of their strategy with a successful launch of payroll last year.

 

 

4.   People are talking about Oracle Recruiting Cloud (ORC)

 

Most of the customer sessions I attended shared that they were evaluating ORC as part of their plans. Oracle’s AI-led recruiting solution was also a huge draw on the exhibit hall floor (I had to squeeze in to get a look at the demo). The extremely easy-to-use talent acquisition capabilities as part of a single solution with Oracle HCM Cloud are a real advantage for recruiters in this tight hiring market. Candidates don’t need to log in, and the responsive mobile experience is seamless, both of which got positive reactions.

 

5.   HR is turning to cloud to deliver on commitments to senior leaders

 

Whether it is bringing together disparate businesses post-merger or bringing a one-hundred-year-old insurance company into the digital age, HR leaders across Oracle MBX shared their desire to deliver on business promises. Penn National Insurance needed to bring in millennials and build up the talent pipeline without hurting their healthy 83% employee engagement score, and they used the rapid pace of change in this era of digital transformation as a reason to innovate. National Oilwell Varco, on the other hand, needed to optimize operations during a downturn in the oil and gas industry. The cloud offers the opportunity to reimagine your business for the next decade and beyond.

 

To hear more about what happened at Oracle MBX last week, check out the keynotes here: https://takeonedigital.com/oracle/MBX.html.

 

 

Read more 5 Things I Learned at Oracle MBX Last Week
Source: Oracle HCM

Program Implementation Should Benefit the Audience and the Organization

Program Implementation Should Benefit the Audience and the Organization
Implementation is the most visible step in the learning design process. It’s where the intended audience sees and participates in the learning. In today’s post, let’s examine the three qualities that contribute to good learning program implementation: pilot groups, phased strategies and competent delivery. These three qualities have benefits for both the organization and the learner.
Read more Program Implementation Should Benefit the Audience and the Organization
Source: Saba

3 Ways Mobile Apps Help You Engage Your Employees

3 Ways Mobile Apps Help You Engage Your Employees
It is crucial for organizations today to deliver an amazing, personalized employee experience across locations, employee types, generations, channels and devices. That’s why engaging workers via mobile is crucial to your organization’s success in creating a winning, personalized talent development experience.
Read more 3 Ways Mobile Apps Help You Engage Your Employees
Source: Saba

Oracle and Monster Partner Big for Small and Midsize Business

Oracle and Monster Partner Big for Small and Midsize Business

Written By: Sarah Lambert, Director Oracle HCM Cloud, Product Marketing

No matter the size your organization is, finding the right talent—and having the tools to attract, hire, and engage them—can be just as hard as finding new clients. For small and midsize companies, it can be even trickier due to a lack of employer brand recognition or a complete talent acquisition team or even the lack of sufficient budgets to advertise jobs. Successful companies in this space must be savvy about where they post their jobs to increase their chances of getting in front of the right candidates quickly.

Given that midsize companies employ approximately one-third of private sector workers in the United States and are the biggest generator of jobs in this business segment*, we at Oracle think it’s important to support their efforts to grow and expand whenever possible. This is why Oracle is partnering with Monster to provide deeper functionality and insights through Taleo Business Edition, specifically designed for companies in the small-to-midmarket space.

Much like other Oracle strategic partnerships, the deeper integration with Monster is focused on benefiting customers and candidates in multiple ways. Here are just two of them:

First, easy job applications using a Monster profile. This is available now and allows job candidates to apply for positions directly from within Monster with their Monster profile, as well as to any company career website using Taleo Business Edition. The best part is this decreases the time to apply and increases the number of applicants likely to respond to a job posting. This is a win on all fronts!

Second, recruiters will be able to search Monster from within Taleo Business Edition. This means recruiters won’t have to flip back and forth between Monster and TBE while they’re sourcing for high-quality candidates for those tough-to-fill roles. This is a huge improvement in support of recruiter productivity and efficiency. This new capability is scheduled to be available in late 2019.

With the addition of these capabilities, Oracle and Monster can continue to grow their partnership and integrate their respective functionality for the success of their customers and job seekers. Both Oracle and Monster strongly believe the above capabilities will have a huge impact for customers upon their release.

To learn more about this partnership and the many tools Oracle is building for your business, stay tuned for an upcoming Customer Connect session! We’ll be sending out details in the next couple of weeks!

* https://www.brookings.edu/research/brookings-ncmm-report/

Read more Oracle and Monster Partner Big for Small and Midsize Business
Source: Oracle HCM

4 L&D Metrics That Matter to Business Leaders

4 L&D Metrics That Matter to Business Leaders
As business units across organizations, including training and L&D, are asked to do more with less, the importance of demonstrating value and impact on the top and bottom line cannot be understated. Learning teams need to understand what metrics matter to the business and they need a quick and easy way to collect, analyze and share this information with their leadership.
Read more 4 L&D Metrics That Matter to Business Leaders
Source: Saba

Oracle HCM Cloud—Spring 2019 Product Update

Oracle HCM Cloud—Spring 2019 Product Update

 

Written By: Chris Leone, SVP and GM, Oracle HCM Cloud

As I’m returning from the first-ever Modern Business Experience (MBX) event in Las Vegas, I’m more pumped than ever about the momentum and the future of Oracle Cloud. I loved hearing about the breakthroughs and the transformational stories of how Oracle customers are taking advantage of Oracle Cloud across HCM, ERP, customer experience (CX), and supply chain management (SCM) to deliver reimagined, end-to-end experiences for their customers and employees.

Given all of the transformational stories from MBX, I want to recap the product highlights that the Oracle HCM Cloud team has promised to deliver to our customers in the first half of 2019, as a part of our Spring 2019 Product Update.

Digital Assistants

Oracle is the very first HCM vendor to deliver a truly mobile-responsive, digital assistant experience. This means that employees are able to ask questions from anywhere, on the go, and get an answer very quickly with the help of the Oracle Digital Assistant. 

We’ve carefully selected and built new skills for the digital assistants across our HCM Cloud today, and here are just a few of the capabilities they offer:

  • Retrieve the personal information for employees (emails, address, phone, manager, reporting structure
  • View absence balances and projected year-end balance
  • View salary, pay slips, latest adjustments
  • View benefits coverage and information
  • Review tax withholding year-end documents
  • Show job requisitions 
  • Show job offer status

Of course, we’ll continue to build new and relevant actions based on customer feedback.

HR Help Desk

We’ve made the HR knowledgebase accessible to employees, so they can search and quickly find answers to their questions—such as how to set up direct deposit or how to submit parental leave. This frees HR to focus on more strategic priorities.

 

HCM Experience Design Studio

In case you haven’t heard of Oracle HCM Experience Design Studio, this is a game changer for HR. We’re making it easier than ever for HR professionals to configure the user experience with the addition of advanced, no-coding-required configuration capabilities. HR teams can create unique experiences based on the user’s business unit, legal employer, or role.


You can control the display of sections in fields across multiple processes, such as:

  • Add/Change Assignment
  • Add Contingent Worker
  • Change Location
  • Change Manager
  • Change Working Hours
  • Hire an Employee
  • Global Transfer
  • Promotion 
  • Transfer 
  • Termination 

Strategic Workforce Planning

Our latest enhancements to Oracle Strategic Workforce Planning provide a single and complete planning experience for HR professionals, enabling you to make sure you have the right people with the right skills, at the right cost, at the right time.   

Recruiting

We continue to enhance our natively built Oracle Recruiting Cloud. In this update, we’ve introduced new interview scheduling capabilities that reduce the time and effort it takes to manually schedule interviews for multiple candidates. Recruiters and hiring managers can use predefined interview templates to schedule and/or invite candidates to schedule or confirm interviews after a requisition is created. Both candidates and recruiters are notified when an interview is confirmed.

To improve the candidate experience, we’ve provided recruiters with the tools to build powerful and tailored job sites to better target specific candidate pools, such as job sites targeting alumni.

All-in-One HCM Cloud

The innovations I’ve mentioned here are only a handful of the 1,200-plus features that Oracle HCM Cloud delivers every year. I’m extremely proud of our team at Oracle. We’ve delivered on 98% of our roadmap commitments over the last 6 years, while being the first HCM Cloud vendor to have completely reimagined the employee experience by featuring a mobile-responsive experience and voice-enabled digital assistants.

I invite you to find more information on the HCM Cloud Spring 2019 Product Update here.

Read more Oracle HCM Cloud—Spring 2019 Product Update
Source: Oracle HCM

Using HCM Technology to Create an Engaging Culture

Using HCM Technology to Create an Engaging Culture

Walking past a playground recently I overheard a little boy shout, “All for one and one for all.” Like the three musketeers, we learn early on that there really is strength in numbers. And HR lays this foundation at top performing companies—for hundreds, if not thousands of people to swim in the same direction—working together with a real sense of camaraderie and purpose.

Establishing an engaging culture that encourages people to work together, continue learning, and grow their careers in a meaningful way will motivate your workforce to create value. One of the best ways to facilitate this is with an intelligent, personalized HR technology. Unfortunately, not all technology is as simple and supportive as it sounds. Here are some things to look for when you want your HCM cloud solution to support an engaging employee experience.

Built from the Ground Up

Working toward common goals is made easier when HR manages to reinforce the company’s shared culture, mission, and values. One question worth asking prospective HR providers is whether their solution will allow you to extend your branding throughout the application. The question is really a test of sorts, getting at whether the vendor’s products are built from the ground up and share the same core functionality. An HCM solution that can’t extend branding across the application is often a sign of multiple systems that have been cobbled together.

This imperfect whole could cause problems later when you’re trying to integrate your people processes with other critical enterprise functions such as finance and analytics, supply chain, sales, and marketing. Can the prospective provider support end-to-end business processes outside of HR? How does the vendor support different departmental workflows and transactions? The best way to find out is to ask.

The Cherry on Top: Delighting Your C-Suite

Today’s integrated HCM cloud solutions really shine in encouraging the collaboration of the C-suite and HR. When C-level decisions and recommendations are supported by shared data and sound analytical insight, strength in numbers takes on new meaning.

Employees stay engaged and productive when it’s easy to prioritize work, collaborate to make decisions, find mentors, and join fun and philanthropic activities. An HCM solution that gets people working together more effectively is a huge plus for any organization.

We’ve only touched on a few of the advantages conveyed by deploying an integrated HCM solution. In my next post, I’ll cover the impact and value of having a complete solution that incorporates artificial intelligence and machine learning.

To find out more simple truths about HR technology, download “7 Questions to Ask”

Learn more about Oracle HCM Cloud

Read more Using HCM Technology to Create an Engaging Culture
Source: Oracle HCM

Faster, Smarter, Better: Two Can't-Miss at CLO Symposium

Faster, Smarter, Better: Two Can't-Miss at CLO Symposium
If you’re attending CLO Symposium in Las Vegas April 1-3, 2019, there certainly will be choices to make in a schedule packed with stimulating keynotes, diverse panels and content-rich sessions. But we wanted to draw your attention to two fantastic speakers-and Saba customers- who will present at CLO Symposium next month.
Read more Faster, Smarter, Better: Two Can't-Miss at CLO Symposium
Source: Saba

Why Employee Experiences Need To Become Personalized

Why Employee Experiences Need To Become Personalized
The path to the top of the hill requires HR to apply a personalized approach to create an end-to-end employee experience that taps into passion and purpose, and removes inefficiencies and barriers.
Read more Why Employee Experiences Need To Become Personalized
Source: Saba