Monday Apr 21, 2014

5 Ways Chief HR Officers Can Impact The Bottom Line

By Bertrand Dussert - Originally posted on Forbes

wow

Chief human resources officers (CHROs) hear the voices loud and clear: They must evolve to become strategic business forces within their enterprise. But when you pack up the slide decks and put away the research reports, what does that really mean? The answer is deceptively simple: CHROs must help their company increase sales and create new sources of revenue—now and forever.

[Read More]

Monday Mar 24, 2014

How Compliant is Your HR Function? Part 1

By Alka Asthana

wow

In the initial days of GRC, while we all realized “Compliance” was important, the list of benefits it resulted in, seemed rather intangible; it wasn’t the eye-catching, mind-blowing entries we had come to expect from everything. Being compliant gave your organization flexibility, agility, reduction in fines … and so on and so forth. However, the results of non-compliance loomed larger - other than the financial burden it imposed, non-compliance could affect the very reputation of your company.

[Read More]

Wednesday Sep 04, 2013

SOCIAL IN THE ORACLE HCM CLOUD - PART 1

Contact for post: Mark Bennett

Social media is a reality for all organizations – whether you are ready to embrace it or not. Most are aware of the benefits of using social/collaborative technologies internally - like improved productivity, engagement, innovation, streamlining communication, and facilitating collaboration. All of which break down traditional silos and bring previously unknown knowledge and expertise to the "extended networked enterprise." 

Most enterprises however do not have a deliberate or successful approach for using social technologies internally in support of their strategy. Why? Because they have not addressed the barriers to adoption, enabled the right technologies, or perhaps most importantly, correlated their efforts to actual business results.

Mobile adoption fuels social reality. This killer combination gives progressive organizations the ability to minimize transactional headaches and embrace the true power of social media. Surveys show social is an inherently mobile experience.

The Oracle Social HCM Cloud is unique because it underlies the entire Oracle Suite of Applications. This unified approach facilitates adoption because it is an intrinsic part of all of your enterprise applications. It delivers greater value by combining the power of social-enabled applications on top of a cross-functional, social platform that extends across both internal and external networks. 

WHY HASN’T SOCIAL WORKED WELL?

More and more companies are using social media and most are reporting some benefit, but the true potential is largely unmet. Why? The reasons are multifold, but generally fall into the following major categories:

  • Lack of participation – There are enough barriers to adoption that participation in social technologies in many companies is still very low. Low participation greatly reduces the value of social and creates a downward spiral: if there is insufficient participation, newcomers cannot find what they are looking for and leave to never return.
  • Inefficient utilization – You can have participation, but the tools used can be the wrong ones or not very good at facilitating collaboration, which makes participants have to put forth more effort than necessary to get their work done.
  • Ineffective collaboration – People can participate and collaborate in social, but all their energies can still end up not effectively contributing to the achievement of business objectives. This happens because the connection between collaboration efforts and business objectives is too tenuous.

Obviously, these reasons are interconnected; if the tools are inefficient, or the collaboration ineffective, the social efforts will eventually falter or at least not gain traction, which can result in a vicious circle of low participation leading to ineffective collaboration leading to benefits not being realized leading back to low participation.

WHAT HAVE OTHERS TRIED?

You must understand your software vendors’ heritage and maturity to ensure it aligns with your long term social-enabled application strategy. The approaches vendors are taking range from emphasizing the out and out replacement of system of record talent management systems in favor of pure play social technologies to traditional system of record vendors cobbling together existing applications with social technologies in an attempt to “modernize” for the new way of getting work done: 

  • Point solutions with embedded social tools in their talent management offering.

    • Pros: Closely connects social to a particular task. Normally applicable for a division or group at a large enterprise where there is no long-term talent strategy.

    • Cons: Pure systems of engagement solutions don’t correlate talent metrics to business outcomes. More often than not they just introduce another social technology to the enterprise that will not be used. Why? The discussions on the network are still isolated interactions that don’t add ongoing value to the enterprise. They invest a lot in extending specific functions to incorporate social organically, but the silos that were supposed to be broken down by social often still remains.

  • Best of breed and application suite vendors partnering and integrating with 3rd party social platform provide.

    • Pros: Addresses the system of engagement silo issue by connecting the various parts of the suite and/or point solutions to one social platform.

    • Cons: Integration between the applications and the platform is lightweight and often limited to having to retrofit the application or create adapters that allow people on the network to “follow” various business objects in the system of record. Ongoing, there is always the issue of keeping everybody in sync as the platform advances in one direction while the different app vendors move in another.

  • Application vendors acquiring a 3rd party social platform.

    • Pros: Addresses the coordination, prioritization, and resulting lightweight integration issue by investing in the deeper integration of the applications into the platform. The theory is that by being part of the same company, there should be fewer issues with coordination and prioritization.

    • Cons: While there might be fewer issues, since the applications and social platform started from different points, it will take time and several iterations to work out the differences in design models before the promise is fulfilled.

ORACLE’S APPROACH: PROVIDE THE BEST OF BOTH WORLDS

To truly obtain the best of both worlds, of social-enabled applications fully integrated on a social platform, Oracle has designed its applications from the beginning to be social as well as provided a social platform that supports the unique and demanding needs of enterprise collaboration.

Oracle’s suite solution on top of native social offers customers the greatest capability in bringing the power of social into HCM. By being part of the enterprise platform “fabric”, social is woven throughout all business processes, not just HCM. Furthermore, and most overlooked by the competition, even those interactions that might not be directly part of a business process are still implicitly linked to a business context and therefore can continue to add ongoing value to the enterprise long after the interactions are done. A prime example is that by analyzing the interactions on the Oracle Social Network around say, an area of expertise, that analysis can be used to enhance the system of record to reflect which individuals exhibit that expertise. This analysis could likewise be used for competencies, customer knowledge, thought leadership, etc.

In addition, the enhanced capabilities of the Oracle Social Network compared to other vendor social platforms greatly amplify the benefit of Oracle Social HCM. For instance, the intrinsic use of Conversations rather than forcing all updates and discussions into one Activity Stream greatly reduces the “information overload” or “noise” problems that plague enterprise social network users and negatively impact their productivity. These Conversations also serve as a perfect focal point for the business object or process context around which collaboration occurs.

All the various vendor approaches are inherently faced with the challenges of heterogeneous social tool environments – what to do if multiple social networks are in use in the enterprise. However, by having a suite solution on top of a native social platform, Oracle can focus on extending that platform to create interoperability with other social tools. For instance, Oracle’s OSN can address customer needs around Sharepoint integration and the entire Oracle application suite benefits from this.

Next up: Part 2 describes Oracle’s Social HCM Cloud solution in more detail and how it addresses the challenges customers face and helps them better leverage the opportunities in bringing social into the workplace.

Thursday Jan 31, 2013

Customers Continue Rapid Adoption of Oracle Fusion Human Capital Management

Oracle Continues its Leadership in Next-Generation HCM to Help Power the Business

Redwood Shores, Calif. – Jan. 31, 2013

Customers across the world continue to select and deploy Oracle Fusion Human Capital Management (HCM), contributing to rapid adoption of the solution in the Oracle Cloud.Prominent companies who have recently chosen Oracle Fusion HCM include Brightcove, Newfield and Travelzoo.

  • Joining others like Gerson Lehrman Group, notable customers who have recently gone live include CSS International and Drivestream, who are using Oracle HCM Cloud Service.
  • eVerge Group represents one of many customers using Oracle Fusion Global Payroll and Oracle Fusion Global Payroll Interface to enable compliant payroll around the world, in multiple currencies and languages.
  • This continued rapid adoption underscores Oracle’s leadership in delivering next generation HCM, including HCM cloud services, to help transform HR into a strategic contributor to the changing business landscape.
  • A part of the Oracle Cloud, Oracle HCM Cloud Service offers the advantages customers expect from SaaS (software as a service), without the limitations of niche solutions. It delivers the power of Oracle Fusion Applications in a simple subscription pricing model – with no hardware to buy and no software to support.

See the full press release here: bit.ly/WiojZn

Monday Oct 29, 2012

ING Selects Oracle Fusion Human Capital Management

Leading Financial Services Firm Seeks To Strengthen HR's Role In Driving The Business

ING Bank Netherlands, a leading financial services organization, has selected Oracle Fusion Human Capital Management (HCM). ING’s decision to deploy Oracle Fusion HCM was driven by its ongoing desire to strengthen HR's role in driving the business. Read more here.

Wednesday Oct 03, 2012

Customers Live on Oracle Fusion Human Capital Management

Oracle HCM Cloud Service Helps Power HR’s Contribution to the Business.

More than 25 of the 100-plus customers who have selected Oracle Fusion Human Capital Management (HCM) are already live. Ardent Leisure, Peach Aviation, Toshiba Medical Systems and Zillow have deployed Oracle HCM Cloud Service and are using it to transform their HR operations. They join companies such as Principal Financial Group and Elizabeth Arden, who are already using Oracle HCM Cloud Service to help manage international growth and deliver pervasive, role-based, configurable solutions to their employees.

See The Full Press Release Here: http://www.oracle.com/us/corporate/press/1859573?sc=OPR-TW

Monday Sep 17, 2012

Summary of TaleoWorld 2012

Taleo World resulted in lively, positive conversation on social media, with 1,595 references on Twitter. Conversation was driven by users live-tweeting about the keynotes, product sessions/demos and customers. The Wednesday morning keynote resulted in a spike, and users responded positively to executive’s view on HCM and the innovative Oracle-Taleo product roadmap.  

This is a recap of the Twitter feed conversations highlighting top tweets and photos, as well as supporting materials, including the resulting coverage.  Please read The Taleo World Storify and click here

Five unique articles appeared on Taleo World. The Ventana Research blog and InformationWeek wrote in-depth articles focusing on Mark Hurd’s presentation, product strategy, and demonstrations of Oracle Taleo Cloud Service Feature Pack 12B and Oracle Fusion Tap, overall stressing Oracle’s commitment to customers and product development.

To view the full-text of all articles , please click below on the articles' name.

Oracle Presents a Taleo Future for Human Capital Management - Ventana Research blog

Innovation as a Choice - Steve Boese's HR Technology blog

Oracle Touts Taleo As HCM Heats Up - InformationWeek

With 43% of the Current Workforce Retiring In 10 Years, What’s A CEO To Do? - HireVue Digital Distortion blog 

What’s Your Recruitment Metrics Story? - SmashFly Recruitment Marketing Technology blog

Oracle Honors Hitachi Data Systems with 2012 Taleo Customer Innovation Award

High-Tech Leader Recognized at Taleo World for its Strategic Initiative Aligning Talent, Performance and Revenues

Oracle awarded the 2012 Taleo Customer Innovation Award to    Hitachi Data Systems (HDS), a wholly owned subsidiary of Hitachi, Ltd., for transforming performance management within its global sales organization with Oracle Taleo talent management solutions.
The Taleo Innovation Awards honor and recognize Oracle Taleo customers that advance talent management initiatives using innovation, leadership and best practices.
Oracle honored HDS along with finalists National Heritage Academies and CACI at a ceremony held September 13 at Taleo World in Chicago. Josh Bersin, President and
CEO of Bersin & Associates, was the emcee for the ceremony.
The honorees were selected from dozens of global submissions by a panel of influential industry analysts with expertise in talent management.
To view the full story and press release, click here.

Thursday Sep 13, 2012

Oracle Touts Taleo As HCM Heats Up (Information Week)

At Taleo World, Oracle shares its roadmap for human capital management (HCM) software, an increasingly hot area that rivals Salesforce.com, IBM, and SAP all would like to dominate.   Read more in the Information Week article published here: http://www.informationweek.com/software/enterprise-applications/oracle-touts-taleo-as-hcm-heats-up/240007273

Summary of Mark Hurd Keynote on Oracle HCM at TaleoWorld

At Taleo World 2012, Oracle President Mark Hurd outlined the ways that executives can use HR intelligence to help them make better business decisions, shape the future of their organizations and improve the bottom line. This is a recap of the twitter feed conversation from his keynote from September 12, 2012. http://storify.com/OracleHCM/mark-hurd-keynote-on-oracle-hcm-at-taleoworld

Wednesday Sep 12, 2012

Oracle President Mark Hurd Highlights How Data-driven HR Decisions Help Maximize Business Performance

HR Intelligence Can Help Companies Win the Race for Talent

Today during a keynote at Taleo World 2012, Oracle President Mark Hurd outlined the ways that executives can use HR intelligence to help them make better business decisions, shape the future of their organizations and improve the bottom line.

He highlighted that talent management is one of the top three focus areas for CEOs, and explained how HR intelligence can help drive decisions to meet business objectives. Hurd urged HR leaders to use data to make fact-based decisions about hiring, talent management and succession to drive strategic growth.

To win the race for talent, Hurd explained that organizations need powerful technology that provides fact-based valuable insight that is needed to proactively manage talent, drive strategic initiatives that promote innovation, and enhance business performance.

To view the full story and press release, click here.

Wednesday Apr 25, 2012

Customers Worldwide Choose Oracle Fusion Human Capital Management in the Cloud

Customers Select Oracle Fusion HCM to Help Transform HR Processes in More than 85 Countries

Expanding its leadership in human capital management applications, Oracle today announced that more than 90 customers have selected Oracle Fusion Human Capital Management (HCM) for implementation in more than 85 countries.  Read this press release to learn how customers worldwide have chosen Oracle Fusion Human Capital Management to run in the cloud.  See quotes from customers such as Herbalife and Zillow describing why they chose Fusion HCM and how they plan to take advantage of the benefits of running in the cloud.  http://www.oracle.com/us/corporate/press/1599649

Wednesday Feb 22, 2012

Fusion HCM Game Changing HR Video Series - Part 3 of 6

This series of videos is designed to help educate you about Fusion HCM and how the HCM space itself is changing.  We also discuss game changing HR and how Fusion HCM has stepped up to provide you with deep business value.  Be sure to take an opportunity to hear from the Fusion HCM experts about Oracle's innovative solutions in Human Capital Management.

Part 3 of 6 - General Fusion HCM Topics

Oracle Fusion HCM – Game Changing HR: Fusion Mobile Apps

In this segment, Brian Gaspar discusses what organizations are looking for in a mobile strategy, what the best way is for organizations to get started with their mobile strategy, and what Oracle has developed to support a mobile strategy.

http://medianetwork.oracle.com/video/player/1428275349001

Oracle Fusion HCM – Game Changing HR: Global Management and Regulatory Compliance

In this segment Lewis Thompson discusses what a global organization should get from a HR solution vendor, the strategic value of a single global solution, why regulatory compliance is critical, and how an organization would manage a global solution.

http://medianetwork.oracle.com/video/player/1428277463001

Oracle Fusion HCM – Game Changing HR: Supporting Fusion Technology

In this segment, Aaron Green discusses the technologies supporting Fusion, how the modular nature of Fusion applications is easier to adopt and return lower TCO, what kind or project team is needed and how the role of business analysts is changing.

http://medianetwork.oracle.com/video/player/1452911497001

Next Up: Part 4 of the Fusion HCM Game Changing HR Video Series (HCM In The Cloud)

Friday Feb 17, 2012

Fusion HCM Game Changing HR Video Series - Part 2 of 6

This series of videos is designed to help educate you about Fusion HCM and how the HCM space itself is changing.  We also discuss game changing HR and how Fusion HCM has stepped up to provide you with deep business value.  Be sure to take an opportunity to hear from the Fusion HCM experts about Oracle's innovative solutions in Human Capital Management.

Part 2 of 6 - General Fusion HCM Topics

Oracle Fusion HCM – Game Changing HR: A Look at an Introduction to Fusion HCM

In this segment, Aaron Green covers an introduction to Fusion HCM – what it is and the underlying technology, how customers are adopting Fusion, how Fusion helps customers address specific business needs, and scenarios of coexisting with Fusion HCM.

http://medianetwork.oracle.com/video/player/1452922774001

Oracle Fusion HCM – Game Changing HR: Co-Existence with Current HR Systems

In this segment, Anand Subbaraman talks about how co-existence works with Fusion, what are the benefits of co-existing with current HR implementations, and how we advise customers on which patch to choose when evaluating Fusion HCM.

http://medianetwork.oracle.com/video/player/1428275362001

Next Up: Part 3 of the Fusion HCM Game Changing HR Video Series

Wednesday Feb 15, 2012

Fusion HCM: Game Changing HR Video Series (Part 1 of 6)

We are thrilled to announce this video series covering Human Capital Management. Designed to help educate you about Fusion HCM and how the HCM space itself is changing, these videos discuss game changing HR and how Fusion HCM has stepped up and helps provide you with deep business value.  As this series continues to roll out, be sure to take an opportunity to hear from the Fusion HCM experts about Oracle's innovative solutions in Human Capital Management.

Part 1 of 6 - General Fusion HCM Topics

Oracle Fusion HCM – Game Changing HR: Protecting Your Oracle Investment

In this segment Michael Pawlyszyn discusses protecting your Oracle investment describing how existing customers can take on Fusion, how organizations can feel comfortable with a cloud offering from Oracle, and licensing options for current customers.

http://medianetwork.oracle.com/video/player/1428260546001

Oracle Fusion HCM – Game Changing HR: Change in the Business of HR

In this segment Gretchen Alarcon discusses what she thinks has changed in the HR business in the last 5 years, what kind of solution does an HR organization need to accomplish those really big tasks, and where she sees HR in the next 5 years.

http://medianetwork.oracle.com/video/player/1428233422001

Next Up: Part 2 of the Fusion HCM Game Changing HR Video Series

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