How One Savvy Leader Used Oracle Solutions To Transform An Organization
By Kathryn Perry-Oracle on Feb 03, 2014
In an interview with David Essex from Search Financials Applications, Begbie shares the challenges he faced at Standard Life plc, a Scottish insurance and investment company, founded in 1825.
There were large divisions on several continents.
The company had 15,000 employees who were set in their ways.
It was not a customer-driven organization.
Begbie tackled the transformation by cutting a few thousand people from the payroll and gave the leaner workforce modern tools to align career development with new business objectives.
He took the company live on Oracle Talent Management Cloud (Fusion).
Begbie says, “the automation enabled by the Oracle system has allowed Standard Life to reform its entire talent management process.”
Now they have standardized job descriptions.
Now it’s easier to change goals and track progress.
Now there’s greater visibility into the performance-review process.
“It makes managers more accountable and shows employees how their performance is taken into account,” Begbie said.
In March, Begbie will oversee the switch to more cloud-based Taleo Management solutions from Oracle, specifically Taleo Recruit and Taleo Learn, because, he says, “we do believe Taleo Recruit is the best recruitment system in the marketplace.”
We recommend you take the time to read the entire interview. It’s a wonderful composite of a savvy leader using Oracle solutions to transform an organization. It is also a perfect lead in to Oracle HCM World in Las Vegas, February 4-6.