Standard Life takes a leap into the future by getting the best from their people using Oracle Talent Management Cloud

In the new service-driven economy, innovative enterprises are now focused on two things: taking care of their customers and taking care of their employees.
Standard Life Group, the savings and investment company, headquartered in Edinburgh, wanted to compete better by getting the very best from its people. So the company set out to modernize the way it recruited, developed and retained its global team of about 8,500 employees.

Standard Life’s HR initiative included a key investment in Oracle Human Capital Management solutions, enabling the company to build efficient workforce management processes worldwide, reduce costs, and align employees with its strategic business priorities. The company also introduced an Oracle cloud-based talent management solution that provides a next-generation technology platform for recruiting, developing, and rewarding the right people across every region.

Standard Life’s investment in Oracle HR solutions is on track to achieve an estimated 32% ROI over five years, delivering annual savings of £5.2M per annum. Today, Standard Life’s HR organization is contributing to the strategic transformation of the company by building an empowered workforce aligned to the needs and goals of the business.

Read the complete success story here.


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