Wednesday Feb 11, 2015

What Are the Most Important Software Systems for Any Organization?

By Mike Vilimek

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One of the main advantages of Cloud solutions is the rapid availability of innovation. Cloud computing allows organizations to take advantage of upgrades at a far more frequent pace than with traditional on-premise solutions. As organizations begin moving their systems to the cloud, the question of which are the most important systems, and which areas should benefit first from the rapid innovation cloud solutions can deliver will likely be examined. 

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Monday Feb 02, 2015

Top Five Reasons to Attend Oracle HCM World 2015

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Scheduled for March 25 to 27 in Washington DC, this year’s Oracle HCM World offers valuable insights for human resources, talent management, and business leaders on how forward-thinking organizations are employing modern HR technology to transform their organizations.

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Wednesday Sep 24, 2014

Thinking About Moving HR to the Cloud?

By Richard Doherty

wowAccording to recent Oracle/Changeboard.com research, up to 68% of organisations, of all sizes, do not have Cloud HCM apps. We excluded Cloud recruitment solutions given their prevalence and maturity which we felt would have skewed the results. So it’s still relatively early days for the Cloud and HCM apps with 32% of organisations with HCM apps in the Cloud or in the process of implementing them.

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Wednesday Sep 10, 2014

How Oracle’s Mark Hurd Uses Human Resources to Drive Revenue

By Joseph Stark - Originally posted on itbusiness.ca

wowMark Hurd, president of the software production giant Oracle, recently shared his views on how human resources can drive company revenue. The workplace is changing rapidly, and CEOs and their HR departments are having trouble adapting.

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Wednesday Aug 27, 2014

New Oracle Program Eases Common Pains of Cloud Migration

By Alison Weiss - Originally posted on Profit

wowCloud computing has forever changed the economics of enterprise IT—but for many, the savings of cost and time are not being fully realized. According to Rod Johnson, group vice president, Oracle Applications and Industries Solutions Group, the rush to move to the cloud left many line-of-business managers spending IT budget on new cloud features, while the IT team still had to run and maintain (and pay for) traditional on-premises applications while also trying to integrate these systems.

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Tuesday Mar 11, 2014

Industry Analysts Praise Oracle HCM Following Inaugural HCM World Event

By Mike Vilimek

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As the dust settles on what proved to be a fantastic HR-focused event, industry analysts have since weighed in on the inaugural HCM World and on Oracle HCM Cloud solutions in general. And to our delight, they were overwhelmingly positive.  Here are some quotes and links describing the observations of a few industry leading analysts:

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Monday Mar 03, 2014

MiPro Enterprises Moves from Workday to Oracle HCM Cloud. Hear Why.

By Mike Vilimek

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The HCM World event held February 4th – 6th featured several Oracle HCM Cloud customers sharing their stories and perspectives. One of them was MiPro Enterprises who led a session on the company’s decision to move from Workday to Oracle HCM Cloud. Following their session, TechTarget’s SearchFinancialApplications conducted a short video interview with the folks from MiPro.

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Thursday Feb 13, 2014

What is Your Opinion on Cloud and HCM?

wowIBM and Oracle are recognised pioneers in HR/HCM solutions and have come together to undertake a major piece of research to look at trends and attitudes in the HR market place. We are keen to understand how senior decision makers view cloud based HR solutions. We would really appreciate it if you could take time to give us your valuable insight by taking part in the survey.

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Wednesday Jan 08, 2014

Companies Around the World are Using Oracle HCM Cloud to Transform HR and Build a Better Workforce

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Modern HR technology is enabling innovative organizations to unite global employees around common strategies and goals. With Oracle Human Capital Management (HCM) Cloud as a strategic HR technology platform, the world’s most competitive businesses are benefiting from the strength of core HR, talent management, analytics and social solutions. 

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Wednesday Dec 18, 2013

Oracle HR Customers Speak Out at HCM World

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The world’s top companies are using Oracle to innovate their HR organizations. And, they will be sending their top HR executives to Oracle HCM World for three days of strategy, networking, and problem-solving.

Global beauty giant—and featured customer keynote—Elizabeth Arden will walk us through HR innovations that drove business success. You’ll hear how they established organizational goals that cascaded throughout the global organization, streamlined compensation across all countries and currencies, introduced mobile access to everyone, and provided analytics to senior executives to help catapult productivity. 

Customer-focused keynotes, sessions, and breakouts will explore topics ranging from recruiting to talent management to learning. Featured customers include:

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Thursday Dec 05, 2013

Learn the Latest Human Resources and Talent Management Strategies at Oracle HCM World


wowWith talent taking on more strategic importance at successful enterprises than ever before, human resources (HR) leaders must help their organizations create a vision of the future. Oracle can help: Oracle HCM World, the HR event of the year, features presentations by industry leaders and creates networking opportunities to give HR professionals the insights they need to guide modern human capital management (HCM) organizations. 

Oracle President Mark Hurd will deliver a keynote address at the inaugural Oracle HCM World, which runs from February 4 to 6, 2014, at the Venetian Resort, Hotel, and Casino in Las Vegas, Nevada.

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Wednesday Nov 27, 2013

Global HR and the Next Act of Transformation

By Bertrand Dussert - Originally posted on Oracle Applications

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Over the past decade, well more than half of large organizations have rolled out some sort of HR transformation program. The exact number is closer to two thirds of the very largest global firms that have adopted some flavor of globalized / centralized HR service delivery and governance in that timeframe These efforts initially started with a desire to create scale and consistency in the HR function, as well as improve the overall economics of HR.

Many of these initiatives included the establishment of shared service capabilities that were either managed in house or outsourced to HRO providers. When fully implemented, a number of these initiatives delivered cost / transaction improvements of 15-20 percent, and sometimes, considerably more when manager and employee self-service tools were first leveraged.

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Thursday Nov 21, 2013

How CEOs Can Transform HR into a Revenue Driver

By Mark Hurd - Originally posted on LinkedIn

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As I visit with big companies and organizations all over the world, it’s clear that most CEOs realize they need to make some dramatic changes in how they recruit people, align and manage performance, make compensation decisions, and optimize talent.

[Read More]

Wednesday Sep 18, 2013

SOCIAL IN THE ORACLE HCM CLOUD - Part 3

Contact for post: Mark Bennett

Part 1 introduced the challenges and opportunities customers face in effectively using social in their organizations and in particular, their HCM processes. It also gave a brief overview of what other vendors have done and how Oracle’s approach offers a better way. Part 2 described Oracle’s Social HCM Cloud solution in more detail and showed how it addresses the challenges customers face and helps them better leverage the opportunities in bringing social into the workplace. Part 3 shows how this results in improved business outcomes for customers.

BUSINESS OUTCOMES OF ORACLE SOCIAL HCM

 

HR PROCESS TRANSACTION EFFICIENCY

Many enterprise transactions are managed by employees in functional roles whose responsibility is to ensure that the transaction is completed, handling any exceptions or logjams that might occur. The Oracle Social HCM Cloud improves worker productivity in these transactions by embedding social in HCM applications. These processes fall into two major categories:

·         Functions that are solely within HR – participants are part of the HR function and the business benefit will mostly be operational effectiveness within the HR function. For example: launching a focal review in Performance Management, configuring Talent Reviews, or initiating a change in organization structure.

·         Processes which are run by HR, but involve the broader workforce – participants are both members of HR as well as managers and employees. For example: creating and executing goals in Goal Management, preparing for and following up on Talent Reviews and Performance Evaluations.

Figure 4 - Productivity impact of social

Examples of where the Oracle Social HCM Cloud improves the efficiency of process transactions include:

  • Performance Management – Managers and HR can quickly communicate and resolve issues holding up the performance review process.
  • Succession Planning – Managers and HR can collaborate to come up with the best succession plans by taking into account all the stakeholder issues.
  •  Talent Review – Managers and HR can quickly resolve issues holding up the preparation and scheduling of the review as well as collaborate on action items from the review.
  • Recruitment – Managers, HR, and interviewers can quickly update each other on the situation with candidates regarding which areas need further investigation.
  •  Core HR – Managers and HR can collaborate on and quick resolve any issues related to promotions, on-boarding, benefits planning, compensation, transfers, performance improvement plans, and terminations. 
WORKFORCE ENGAGEMENT

The Oracle Social HCM Cloud takes the process transaction efficiency benefit to the next level by weaving the individual’s identity, sense of purpose, and growth into an overall, rich social work experience. Rather than simply focus on the system of engagement features separately, Oracle Social HCM extends the system of record processes to encompass system of engagement connections and conversations.

Where previously, applications and processes were often obstacles to motivation, social has now opened the door to connecting the activities employees naturally do to get work done and achieve goals to the processes the organization needs to standardize practices and track progress towards business performance objectives. With Oracle Social HCM, employee engagement is also about engaging the workforce in those processes in an inherently natural way to doing work.

STRATEGIC IMPACT OF SOCIAL HCM THROUGH GREATER INSIGHT

Social HCM generates strategic impact by providing greater insight into how:

  •  Work actually gets done
  • Processes actually get executed (or stalled)
  • Knowledge flows into, through, and out of the organization
  • Opportunities are captured (or not)

This is done in part by analyzing the workforce relationships and interactions, both within the enterprise as well as in the extended enterprise, made more visible by the social technologies. This provides knowledge, understanding, and insights that enable better business strategy and execution.

But Oracle Social HCM will provide more than just social analytics, more than just the numbers of connections or number of status updates. The context that comes from Oracle Social HCM applications and the social platform is essential to see how the activity that occurs in the system of engagement relates to the results in the system of record.

Recommendations on who or what one should follow have not only productivity and engagement impact; they can also have a strategic impact by connecting parts of the organization that might otherwise never had the occasion to interact. These interactions are often the source of new value through innovation.

Social-only analytics are often the basis for recommendations on who one should follow, but these strictly social approaches focus solely on social measures such as number of overlapping followers, number of updates, etc. Oracle Social HCM combines the social network with the “network” of business processes and objects (projects, customers, service tickets, sales opportunities, goals, organization structure, supplier, etc.) to recommend useful connections in ways that only social-only analytics might have missed.

ORACLE SOCIAL HCM CLOUD - A COMPLETE, COHESIVE SOLUTION

Oracle’s Social HCM Cloud fully realizes the potential for social technologies to generate superior business performance for companies. It addresses the participation, efficiency, and effectiveness obstacles that have previously stymied social adoption efforts through the embedding of Oracle’s social platform into the existing application suite as well as the integration of net new social applications into the existing suite.

Thursday Sep 12, 2013

SOCIAL IN THE ORACLE HCM CLOUD - PART 2

Contact for post: Mark Bennett

Part 1 introduced the challenges and opportunities customers face in effectively using social in their organizations and in particular, their HCM processes. It also gave a brief overview of what other vendors have done and how Oracle’s approach offers a better way. Part 2 describes Oracle’s Social HCM Cloud solution in more detail.

ORACLE'S SOCIAL HCM CLOUD SOLUTION

Oracle Social HCM Cloud embeds a native social platform OSN (Oracle Social Network) in a full, social-enabled enterprise application suite. This results in two very important ways which make social a feature that truly generates superior business performance:

1. Enabling Social capabilities in Existing applications and processes – takes an already powerful suite of enterprise applications and both enhances it with social capabilities as well as makes social an integral, value-creating part of getting work done. ">

  • Social platform features embedded in applications
  • Business context embedded in the social platform

2. Creating new applications that could not exist before– provide powerful applications that utilize social technologies to create value in a way that could not have been done before.

  • Workforce Reputation Management
  • Social Sourcing

Both of these are possible because we also provide a very robust foundation in the Unified Socially enabled profile.

UNIFIED, SOCIAL-AUGMENTED PROFILES

Profiles for employees, partners, and candidates are the heart of the individual and talent management experience. The Oracle Social HCM Cloud unifies the individual profiles maintained by application platforms including Fusion and Taleo, together with profiles of individuals on external networks and services such as LinkedIn, Facebook, and Craigslist. These aggregated or federated profiles are then augmented by the Oracle Social Network in two areas.

The first is to present this aggregated individual profile data in the Oracle Social Network UI so that users have a richer picture of the person they are looking at in the network. The second is to enhance the ability of Oracle Social Network to make useful recommendations for people to follow or otherwise collaborate with.

This is a two-way street. Just as the aggregated profile information assists Oracle Social Network with useful information, so too does OSN provide the  individual profile with useful information about the individual’s social role, behavior, and impact. This individual profile augmented with social data will constitute the more complete backbone of employee, candidate, and partner engagement processes, including: recruiting, learning, performance, goals and development.

ENABLING SOCIAL IN EXISTING APPLICATIONS

Oracle already has a powerful, integrated suite of enterprise applications that provide tremendous value. By extending these existing applications to effectively leverage social to the fullest extent as a native feature, Oracle not only improves the productivity of employees using these applications to get work done, but also enables companies to more fully realize the potential of using social technologies to improve engagement and generate strategic insight.

  • Goal Management – Goal management is inherently a collaborative social experience. We are adding conversations from Oracle Social Network to this process. This allows for an ongoing dialog between the employee, the manager and the team that is helping drive the goal. Additionally this will help in sharing and collaborating on work that drives goal results. Performance goals will provide the context for OSN Conversations.
  • Performance Management – Whether done periodically as focal reviews or as ongoing conversations, performance management that is actually about not just improving the “what” but also the “how” in the achievement of goals successfully, is inherently a social experience. The development of competencies in support of performance is in particular a coaching conversation between manager and employee. OSN Conversations will be enabled around key business objects such as performance documents as well as development plans and goals.
  • Talent Review and Succession Planning – These processes inherently are collaborative and have multiple stakeholders across HR and the line of business to drive these meetings. Using Oracle Social Network, we are greatly enriching the experience of these processes. OSN Conversations will be enabled around key business objects such as talent review meetings and succession plans.
  • Career Development – Employees are looking for the tools that can really help them take charge of their career. Embedding social into these tools allows employees to tap into each others’ experience and learning to help better understand their options and chart out a way to identify and achieve their career aspirations. Development plans and goals will provide the context for OSN Conversations.
  • Learning – Learning is an inherently social activity when done to really achieve development and growth. Embedding social into the learning experience takes place in two ways: the first is by having employees discuss and rate formal learning available in catalogs, and the second (and often more effective) is to have employees actually create, curate, and share content to help others learn. OSN Conversations will be enabled around key learning business objects such as courses and curricula.
  • Recruiting – Both the candidate as well as the recruiting team experience with recruiting is social in nature. Social can enhance engagement by leveraging and strengthening the reputational aspects vs. simply parsing resumes and best fit algorithms. Job requisitions will provide the context for OSN Conversations.
  • On-boarding – Whether completely new to the organization or just new to a particular role, employees often face a steep learning curve to get up to speed. Much of it is finding out who it is that one needs to know to help get things done, learn what’s going on, etc. Embedding on-boarding into social helps get the right network connections, community memberships, etc. in place automatically for the employee. Jobs and roles will provide the context for OSN Conversations.
  • Benefits Enrollment – Providing a way for employees with similar family or health circumstances to form communities to discuss and learn from each other greatly increases engagement by helping them navigate through the sometimes bewildering maze of options. Along the way, employees build a sense of community amongst themselves and can start to form long term connections.
SOCIAL PLATFORM FEATURES EMBEDDED IN APPLICATIONS 

What makes Oracle HCM applications different is that rather than having either a separate or generic, non-collaboration area, the Oracle social platform displays the conversations in the application platform UI shell that are contextually related to the business process or business object being manipulated in the application.

This enables easy access by users to the conversations that will help access expertise, answer their questions, provide updates to their social network, and make them more productive. They can do this without having to leave the application context, thus avoiding any breach of focus on the task at hand.

Embedding social in applications improves the overall experience and performance of people who use the applications. It’s important to note however, that it is unlikely that on its own, embedding social in the application will start causing people to use applications they otherwise would not normally use – this is more about making existing users more productive.

BUSINESS CONTEXT EMBEDDED IN THE SOCIAL PLATFORM

More and more employees, both in functional as well as sales and production roles, want to access their work through mobile devices. Mobile devices such as smartphones and tablets offer greater freedom and versatility to users, freeing them from being tied to their desktop computers, and even their laptops as well.

Given that social network usage has also increased through the use of mobile devices, it’s not surprising to see an overlap where employees frequently wish to access their social network to get updates, find answers, etc. in order to help them get their work done and accomplish goals.

The Social HCM Cloud improves the experience for users by embedding the business context into OSN conversations. This enables users to focus on the collaboration aspects of getting their work done, for example: finding expertise, getting answers to questions, and updating their colleagues. They don’t need to login to the business application to find out what is going on and help someone out with a problem, or continue a discussion about something we are working on.

By having the business context embedded in the collaboration experience, multiple benefits occur:

  • The first is that the presence of a context helps to keep the collaboration focused on the task at hand; it communicates and reminds everyone what the purpose of the collaboration is.
  • The second is that if the business process or object the collaboration is about needs to be updated, it can be updated without having to leave the collaborative experience (provided the user has the right security permissions.)
  • The third is that the activities of all the participants in the collaboration can be implicitly related to this context. This means that the organization has better knowledge about the contribution employees make and can relate it directly to the achievement of individual goals and corporate objective.

CREATING ENTERPRISE APPLICATIONS THAT COULD NOT EXIST BEFORE

The advent of social technologies has enabled the creation of applications that could not have existed previously. These applications create value for companies in new, or at least previously underserved, ways. While these applications can sometimes exist as standalone, by adding them to the Oracle application suite on top of Oracle’s embedded social platform, not only do customers benefit from the integration of the enterprise data and process in the system of record, but also from the leveraging of other social tools available in the Oracle social platform. This combination creates value for companies previously not available.

WORKFORCE REPUTATION MANAGEMENT

Workforce Reputation Management (WRM), is a new, innovative application designed to help organizations establish, track, and monitor employee social media policy compliance, while simultaneously providing Human Resources and Recruiting leaders additional insight into employee and candidate social reputation and influence.

WRM monitors both public external networks like Twitter and Facebook, as well as internal data sources to enable compliance officers and administrators to ensure organizational social media policies are being adhered to, while also providing insight into company, department, and individual reputation and influence.

Additionally, WRM allows HR and Recruiting leaders to tap into reputation, influence, and the social network graphs of their employees, to facilitate internal team and project building, as well as to discover external talent that fits the organization’s current and future needs. WRM takes the wide range of disparate data being produced across external and internal platforms and transforms it into accessible, relevant, and actionable information.

SOCIAL SOURCING

Social Sourcing adds social talent sourcing capabilities to the Social HCM Cloud. It enables organizations to empower recruiters, hiring managers, and employees to leverage their social networks to distribute job opportunities, source higher quality referrals, market their employment brand, and manage corporate alumni relationships.

The social networks that are leveraged include LinkedIn and Facebook, which are quite extensive and provide a reach for organizations that had been limited to only the network that the organization as an entity had itself, not all the networks of the individuals involved in the recruiting function, or even better, the managers and employees who are closest to the role that needs to be filled.

Social Sourcing extends the power available through social networks to the identification of, and maintaining relationships with, prospective candidates. This, combined with the other social-enabled processes in the Social HCM Cloud, fills out the whole lifecycle of employees from a social perspective.

Next up: Part 3 shows how Oracle’s Social HCM Cloud solution delivers improved business outcomes for customers.

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