Trends, Product and Industry Insights to Help Create Your HR Tomorrow, Today.

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5 Lessons for HR Leaders from Modern Business Experience

By Krista Sterner, Event Marketing Director  At Modern Business Experience 2019, HR leaders from organizations around the world gathered to discuss ways they’re navigating shifting employee expectations, emerging business models, new technologies, and so much more. For three days, attendees heard from hundreds of experts, practitioners, and thought leaders about the trends and market realities they must prioritize in order to reimagine the employee experience, support business agility, and foster a culture of innovation. In addition to several inspirational keynotes designed to help all core business functions rally around a common goal, the HR-specific tracks offered tailored insights and takeaways that attendees could easily apply and share with their teams. Some of the top takeaways from this year’s event paint a clear picture for today’s HR leaders: In order to add true value to your organization, you must be equipped with the tools and insights needed to adapt to new disruptive forces. 1. Disruption isn’t just a business issue; it’s a global issue. Disruption was the thread connecting all the sessions at Modern Business Experience, particularly within the powerful keynotes. Willis Sparks of Eurasia Group said it best, referencing the state of global politics and its impact on the business climate: “Disruption is the order of the day.” His overview of major political shifts over the past 10 years illustrated just how quickly even the most established institutions can be turned upside down. While this session painted a broad picture of how organizations and their functional areas can feel the heat from disruption, the HR track content spotlighted how new competitive dynamics, consumer behaviors, and workforce preferences are changing the way companies hire, train, and engage with employees. “#Disruption is the order of the day." Concise and insightful overview into current international #politics. Great way to start the #OracleMBX keynote. Thank you, Willis Sparks! @EurasiaGroup pic.twitter.com/6hKHWWkBrS — Oracle (@Oracle) March 20, 2019   2. The cloud is shaping how businesses respond. As organizations strive to navigate disruptive forces, adapt to consumer needs and preferences, and exceed competitors of all sizes, technology is a rightful weapon of choice. During a talk on the final day of Modern Business Experience, Oracle CEO Mark Hurd explained why organizations are moving to the cloud in droves. Cloud technology reduces costs and labor while improving efficiencies and supports organizations in their broader innovation initiatives, including adoption of artificial intelligence (AI), Internet of Things (IoT), and more. He added that the cloud is not a technology, but rather “a way of thinking of architectures and business models.”  The benefits for HR specifically are significant. The cloud empowers teams to not only embrace cutting-edge technologies to improve efficiencies and collaboration, but to help strengthen data security and compliance. 3. Culture is making transformation a reality. Digital transformation was another common theme at the event. Many speakers offered practical guidance and tactical advice for making transformation a reality, not only in terms of business processes, but also how they manage employee experiences and evolve their corporate culture. Charlene Li, Senior Fellow at Altimeter, emphasized the importance of employing a disruptive mindset and cultivating a culture that supports risk-taking, going as far to note that “culture eats strategy for breakfast.” 4. Best-in-class organizations have customers at the center. During her presentation, Li also noted how the constant evolution of the customer is driving competitive dynamics. She stated that to be successful, organizations must not only know who their customer is today, but who they will be tomorrow. Then, they must have strategy and technology in place to meet customer needs, even for employees not in a customer-facing role. In the case of HR, leadership must hire people who not only represent the brand’s values and missions, but also represent the customer’s values. Their skills, behaviors, and viewpoints must align completely with where the company is today and where it will go in the future. To ensure this, HR leaders must implement more sophisticated hiring, onboarding, and engagement methods. “Are you going to be where the future customer will be, or are you trying to be where he is now?” - @charleneli inspires at #OracleMBX pic.twitter.com/l3GiEzR95j — Oracle ERP Cloud (@OracleERPCloud) March 20, 2019   5. HR leaders are helping dictate their businesses’ future. In the HR track, numerous brands across industry segments shared their cloud migration stories. Among them were Caesars Entertainment, Penn National Insurance, and Veterinary Health Group, who realized success by moving to Oracle HCM Cloud and Oracle ERP Cloud. Although organizations have different reasons for moving to the cloud, their desire to deliver on business promises today and in the future is the same. By moving two functional areas to the cloud in tandem, all companies were able to improve cross-functional collaboration and efficiencies, two critical ingredients for excelling in the digital era.   "Now we can have that #transformation conversation. We have a #modern platform and it's constantly changing and evolving.” Keith Causey of @CaesarsEnt with @StevenRMiranda on why they chose #Oracle. #OracleMBX pic.twitter.com/H7ktpg7R8f — Oracle (@Oracle) March 20, 2019 Get ready for 2020! Modern Business Experience was a whirlwind event that brought together the brightest and most innovative minds in business today. We’re still reveling in the great content and conversations and we’re already preparing for 2020. Want to see what we have up our sleeves? Sign up to receive exclusive updates and see how we’re planning to make the conference even better for HR attendees next year.

By Krista Sterner, Event Marketing Director  At Modern Business Experience 2019, HR leaders from organizations around the world gathered to discuss ways they’re navigating shifting...

Focus on Talent

5 Ways Onboarding is a Better Approach Than Orientation

By Jason Richmond, Chief Culture Officer and Founder at Ideal Outcomes  Let’s say you’re doing a lot of things right when it comes to culture. However, whenever a new employee joins your company, the way they are welcomed may undermine all your efforts. If you’re like most employers, your onboarding processes may not reflect the culture you’re trying to build. Many employers lack a formal process to help new employees become a part of the team. The hope seems to be that—over time—employees will simply acclimate. Unfortunately, this approach doesn’t work. New employees decide very quickly whether to stay with or leave a company. This early decision-making is one reason why a formal onboarding process to engage employees with culture over time can reduce turnover and help increase engagement.  HR's New hire orientation is simply not going to “cut the mustard” anymore. Here are five ways onboarding beats orientation every single time.   Learn 5 Steps that Will Ignite Your Business Culture and Inspire Employees to Drive and Sustain Growth       1. Onboarding is Thorough Many people think orientation is the same as onboarding. It’s not. Onboarding is an ongoing process designed to help a new employee engage with the organization’s culture and become a contributing part of it. Unlike orientation, it begins long before the employee is hired, with the establishment and management of the company’s culture. Over time, onboarding communicates your company’s purpose, culture, and organizational goals, all the while helping to establish relationships with supervisors, mentors and others that will be key to success. Says Hope Engelmann, a project manager who recently joined matter management software maker Legal Files, “My new firm focuses on education during onboarding. On day one they welcomed me with an orientation. But it didn’t end there. The company enrolled me in a comprehensive training program where I regularly meet with other team members for training. They even have me shadow daily customer meetings so I can learn how our team manages those relationships.” Onboarding lasts for as long as the employee needs support. Orientation, on the other hand, rarely lasts longer than a week. It’s less about establishing connections and relationships within the new culture than it is about conveying rules, roles, and responsibilities. Orientation can actually be a part of the onboarding process, but onboarding goes far beyond the simple parameters of an orientation session. New hires notice the difference between orientation and onboarding in terms of the investment the company makes in its new hires. Says Engelmann, “Everyone seems invested in my success, which is reassuring when you’re the new person with everything to learn.” Unfortunately, not every onboarding program deserves the name; most are little more than in-depth orientations. Only about 10% of onboarding programs last for three months or longer. But a good onboarding program (that includes the elements above) can go a long way towards helping employees internalize the culture you’ve worked so hard to build. 2. Onboarding Serves People First Onboarding and orientation serve different masters. Orientation serves the company by communicating expectations and defining an employee’s role, rather than inviting the employee to become part of the organization and its culture. Onboarding, on the other hand, exists to serve the employee by helping them engage with the organization’s culture, connect with others who can help them succeed, and ease their adjustment into their new role. Onboarding supports the employee’s journey to become a successful contributor within the organization. 3. Onboarding Lasts Months, Not Hours or Days Orientation typically lasts a day or two and involves going through paperwork, signing up for benefits, walking through the company’s rules, and being assigned a desk/workstation and the tools to do the job. There might even be some videos to watch and some tests to take. However, once that’s done, so is orientation. By contrast, onboarding encompasses orientation and then takes it to another level. And this is a crucial difference, given that employee turnover is highest within the first few months of taking a new job. First impressions of your company are critical to retention; an employee-centered onboarding approach helps to ensure that those early experiences are positive. 4. Onboarding Includes Mentoring Onboarding takes a more complete approach to helping an employee succeed in a new job, including helping them establish relationships - such as mentorships – that will help them be more successful. Formal mentor programs help combat high rates of new employee turnover.  Mentoring relationships work because they support employees’ fundamental need to feel cared about at work. This need is so important that it is related to no less than one third of the questions on Gallup’s Q12 employee engagement survey.   An onboarding program that fail long-term mentoring for new hires can help to ensure that the answer to these questions is yes, strengthening engagement with your company culture. 5. Onboarding is Millennial-friendly These four questions from the Gallup Q12 seem to figure particularly large in the minds of many millennials. This group typically has a higher need for communication from their employers than other generations, up to 54% higher according to some studies. They also tend, as a generation, to see work as a chance to develop their skillsets: 87 percent of millennials in a recent Gallup survey said that development was important in a job, compared to only 69 percent of non-millennials. Millennials also desire, but don’t routinely receive, feedback about their performance. A thorough onboarding program can address these needs in the early months of their tenure so that millennials can become better acclimated  with the workplace culture. Your employees will begin evaluating whether your culture lives up to your organization’s claims during the interview process, and they will look for evidence to confirm or refute that impression from the moment they step through your door as a new employee. With a thorough and structured onboarding process, you can ensure that those first impressions—as well as those that come after —will be positive. Learn More  Want to onboard your new employees better? Look no further than Oracle Global Human Resources Cloud, which includes solutions that support HR Help Desk, Workforce Predictions, and Workforce Modeling to help you get your organization off the ground.  You Might Also Like:  How to Build a Thriving Culture on a Global Scale 3 Reasons to Prioritize Diversity In Your Company Two High Impact Strategies for Smart Recruiters

By Jason Richmond, Chief Culture Officer and Founder at Ideal Outcomes  Let’s say you’re doing a lot of things right when it comes to culture. However, whenever a new employee joins your company,...

Customer Stories

Esterline Fuels Innovation with Oracle HCM Cloud

Esterline is a specialized manufacturing company principally serving aerospace and defense markets. Headquartered in Bellevue, WA—They have innovative products that help save lives, start Formula One race cars, revolutionize air travel, and change the face of how humans and machines interact. Oracle Senior Writer, Linda Currey Post, sat down with Shahbaz Alibaig, Esterline’s senior HR operations, HR technology, and global talent acquisition director, to discuss their CEO’s global vision to become “One HR, One Esterline” by leveraging Oracle HCM and ERP Cloud. Excerpt from the original Forbes article: Esterline’s HR team chose Oracle Human Capital Management (HCM) Cloud to serve as the foundation of its new, global “One HR” strategy. “As a team, you can come up with a vision, you can come up with strategies, but you’ve got to have something that brings everything together. Vision without execution is hallucination,” Alibaig says. “That’s where Oracle HCM Cloud has been beneficial for us. It has enabled us to function as one HR enterprise, and it has made all of us realize, ‘Hey, we need to move to one standard—globally.’”  ... [Read More] Oracle HCM Cloud is gearing up for the 2019 Rubies Awards. If you know another superstar customer, like Esterline, nominations are open through December 21, 2018 and will be announced at next year's Modern Business Experience.

Esterline is a specialized manufacturing company principally serving aerospace and defense markets. Headquartered in Bellevue, WA—They have innovative products that help save lives, start Formula One...

What a difference a year makes!

I need to admit that you can easily have a déjà-vu if you visit UNLEASH year after year. So was it Groundhog Day again? Monsters at the entry, stairways to the left, lobby, meeting area (if you would like to have a more detailed picture check my live streaming replay).   But, “what a difference a year makes!” With a white, modern, fresh, open spaces, and two stories!! So, Oracle was the only vendor with its own Executive terrace which enabled a fantastic view over the entire exhibition area. But this was definitely not the only reason why Oracle had continuously more traction at the booth in comparison with the other vendors. A new increased interest in Oracle HCM Cloud was tangible. The new "Enjoyable, Smarter and Supportive" release is grabbing more and more attention in the market. Oracle's new positioning in Gartner's Magic Quadrant as innovation leader in HCM Cloud reflects this well and helps to boost interest, too.    So, what is it that creates this interest? The new release of Oracle's HCM Cloud displays itself in an entirely new look and feel. You can scroll the front pages just as on LinkedIn etc. (we call this Newsfeed design). Intuitively everybody understands what to do. Complex drop-Down menus? No. Smart pre-selection of information narrows down the reasonable fields for a much easier navigation in the Suite, and this makes information finds you instead of the other way round. Chatbots, Machine Learning, AI - it is all integrated. And, it is fully mobile because it is ONE Cloud. You start a process on one device and continue on another. No problem. Data always real-time accurate. Or you just do workflows, which have been complex in the past, with a couple of clicks on your smartphone.   Additionally to the booth, we had a separate meeting area for executive 1:1s. With a couple of thousands HCM Cloud installations worldwide, you can imagine that our Oracle executives have a vast knowledge of projects: what went well, what could have been handled differently or how to approach a digital transformation whilst keeping everybody on board. June Farmer and Guy Waterman, both from Oracle US Product Strategy, did one executive meeting after the other, as did Daniel van den Broeck and Steve Fearon, Oracle EMEA Business VPs. Flanking the demos, this was a perfect occasion to have an unfiltered exchange on the managerial aspects of such projects. Besides the technology, the managerial side is equally important as is the adoption among the employees. And even beyond HCM: Think of connected enterprises, think of IoT and smart devices in your organization - your HCM system will need to "speak" with other areas of your business, e.g. your Resources Planning or Finance system or your Marketing and Sales systems. Agile enterprises appreciate and already implement this agility and ad-hoc insights which come along with it.   And even beyond these very beneficial exchanges on executive level, we tried to capture the most boundary pushing ideas in our Otalk studio. Otalks are TED talk like short video pieces, where we try to filter the essence of all the hundreds of great ideas which are presented all over the two days in dozens of smaller and larger sessions. Josh Bersin shared some newest findings with us, as well as some key partners of ours or influencers. Another highlight was my interview with the buddhist monk Matthieu Ricard ( https://www.matthieuricard.org/en). He added interesting perspectives on our responsibility to make something out of the new technological possibilities which we now have at our hands to make the world a better place. It was easy to engage with him once I told him about our mission to "make Work more human!". A very inspiring interaction.   I need to re-emphasize that in these two fully packed days @UNLEASH you can find an enormous amount of knowledge, interesting people and down-to-earth discussions. We wanted to share all of this via a 30 minute live streaming. Marc Coleman, the founder and father of UNLEASH was with us as well as I was interviewing some key people on their perception and experiences. I was told afterwards that we had a lot of attention especially from our key competitors doing this. For a good reason. We showcased  the beauty of our new UX is, how our prospects adopt it, as well as the integration of advanced technologies as AI and the power of an integrated cloud solution. Much to speak about,  and a lot of value coming with it for customers.   Demo after demo after demo. We are evangelizing it over and over again: the best software needs adoption, otherwise it is useless. The individual user is in the center of our new HCM Cloud. This needs to be experienced. Logically we demonstrated this live and directly to many interested people. We even had people queuing for demos and it came to a point where we had a hard time keeping to the schedule because people were so interested in the new easy-to-use, personalized and self-learning experience in HCM Cloud.    You can imagine that this is quite exhausting for everybody. For us, but for our customers and prospects too. So, what else would be a perfect closing of such a day then a good companionship, some drinks and a decent dinner with ongoing intelligent exchanges? In good tradition, we had our Cocktail Party at the Oracle Booth. And I can tell you it was packed! Directly followed by our "Oracle International Dinner". Around 150 top notch attendees have been our guests on a historic boat, the "Prins van Oranje". A fantastic place, great dinner and lovely guests. We continued discussing in a very informal and pleasant environment. Our executives shared their experiences, as did Product Strategy and our EMEA Thought Leadership team. A great occasion to network and create plans for your tomorrow, today.   You think this was it? This was only day 1!! Day 2 was great too. We continued Otalking, Exec Meetings, demos, etc. We had a very interesting panel discussion with two very convinced customers, Staples and Westmidlands Police, run by Bart van Keer. Overall, there are dozens if not hundreds of sessions. So, UNLEASH is not only very effective in terms of relationship building with executives, but also is a vast pool of great ideas. You will discover a couple of these when we will release the Otalks online soon.   So, what was the difference? It was the vibe and attitude all around our booth. The new release of our HCM Cloud, as well as the very positive market perception (Gartner Magic Quadrant), changed something. I won’t be able to quantify this, but everybody radiated a lot of energy. A new confidence was there and that resonated with our customers.   Two exhausting days, but as far as I know, a great success for us and a great benefit for all our customers and prospects. We can be proud of this team and community. I am.     Joachim Skura HCM Strategy Director  

I need to admit that you can easily have a déjà-vu if you visit UNLEASH year after year. So was it Groundhog Day again? Monsters at the entry, stairways to the left, lobby, meeting area (if you...

Focus on Talent

Help Talent be Found: A New Oracle and LinkedIn Collaboration

If you’re a human resources pro or recruiter trying to find the right candidate for a job today, you know how competitive things are. It’s a huge challenge to find the handful of people who have the right skills and background, and you can’t rely on them finding you: You need to be proactive, and that means you need to quickly know who’s out there, both external candidates and talent within your own organization. In a world where opportunity has to find talent, not the other way around, HR has become one of the most vital functions in the enterprise. It also has to work differently – smarter and faster. That’s why Oracle is expanding our partnership with LinkedIn to reimagine this aspect of HR for the future. With our recent announcement, we’re more powerfully connecting Oracle Human Capital Management (HCM) Cloud and Taleo Enterprise Edition with LinkedIn to uniquely deliver a unified talent marketplace for customers. Inside Out: the Employee View It’s well documented that a role’s best candidates typically come from within the organization.  Based on our conversations with customers, talent development and internal mobility are key priorities for many of the world’s leading enterprises. That’s why we’re excited to be rolling out Talent Profile Import, which allows employees to import key elements of their LinkedIn profiles into their Oracle HCM Cloud Talent Profile.  Coupled with expanded integrations with LinkedIn Learning, these will be key enablers for our customers’ development and internal mobility initiatives and will allow their employees to explore and realize their career aspirations. Unifying External and Internal Talent Pools: the Recruiter View LinkedIn is a robust talent marketplace that’s fast approaching 600 million profiles. The problem for recruiters is streamlining the process of finding the best candidates from disparate sources. Our work with LinkedIn means that you’ll get a unified view of the best potential candidates, regardless of source.  More specifically, recruiters will be able to search LinkedIn members and see those that best match a job requisition or project directly from within Oracle Recruiting Cloud or Taleo Enterprise Edition.  A Whole New Experience: the Candidate View Even with the rising importance of opportunities needing to find talent, it remains critically important to enhance the experience for external candidates and to help them have the best shot at getting the job.  Now, during the apply process, they’ll be able to see who in their LinkedIn network is the best contact to refer them in and initiate a request for referral. I couldn’t be more excited about our expanded relationship with LinkedIn as we look to deliver on key priorities for our mutual customers.   

If you’re a human resources pro or recruiter trying to find the right candidate for a job today, you know how competitive things are. It’s a huge challenge to find the handful of people who have the...

Business in Front, Party in Back: A Business Case for Success in the Cloud

Written by: Jeff Haynes, Director, Baker Tilly Human Capital Consulting Practice From shoulder pads to big hair, John Hughes movies to Madonna, the 80s gave us some iconic trends. One of which was the most popular hairstyle– the mullet – that will haunt every family portrait until the end of time. It turns out that the mullet actually makes for a pretty good metaphor when it comes to human capital management (HCM) implementations. The phrase “business in the front, party in the back” has historically described the infamous hairstyle, but as it relates to HCM implementations, consider the following: A successful transformation requires a compelling business case to justify the first steps – business in the front – and an enduring governance model to continuously measure and sustain that business case for the organization – party in the back. Quantitative and qualitative measures of success The art of combining a financial return (hard data) with human resource (HR) effectiveness (soft data) can be difficult to quantify, and frankly, sometimes difficult to swallow. From a quantitative perspective, there are a number of hard dollar savings to gain from moving from an on-premises solution (come on, it’s not the 80s anymore!) to the cloud: Eliminating HCM servers and maintenance HCM server upgrade cost avoidance Lessening/eliminating HCM application/software support, maintenance and updates Reducing overhead support costs (patches, IT overhead, IT chargebacks) For more qualitative measures, organizations will look for a return on leveraging technology for more efficient and effective HR programs. This criteria might include: Reduction in onboarding time Reduction in voluntary turnover Improvement in strategic workforce planning Elimination of manual/email/spreadsheet based processes Capturing these measures and criteria, designing the processes to improve it, and building the tools and capabilities to measure it during implementation, will enhance the governance framework and drive the organization toward successful outcomes. Now that you’ve taken care of business up front, it’s time to party (or in other words, after the implementation is underway, it’s time to focus on governance). This is where an organization builds the muscles required to sustain themselves in this new cloud environment and realize the benefits and value that they are banking on. Baker Tilly takes an approach to governance that drives successful outcomes from organizational alignment, ongoing solution support, maintenance and enhancement. We strongly emphasize this because we often see it as a common misstep in the marketplace - where organizations have moved to the cloud but were not properly equipped to sustain themselves post implementation. 4 key dimensions of governance and the interplay between them Structure: Just like any good mullet needs structure, an enduring governance model needs continuous assessment of the organizational alignment of the solution. Solution support: In the same way your favorite hairspray keeps your ‘do in place, an organization needs to build end-to-end support processes to get the most out of the investment and the continuous R&D reflected in multiple updates per year. Maintenance: Just as you’d comb your mullet to keep those locks tame, your governance model should provide tools and templates to support continued maintenance and upgrades. Enhancement: Like teasing your hair to create that ideal 80s volume, building the ongoing relationship with the client’s technology vendor (Oracle) to play an active role in the HCM cloud ecosystem, is important to ensure innovation for the future. Learn more at Oracle OpenWorld  Our clients have success with HCM Cloud by establishing a business case that measures success and alignment to business outcomes, which then leads to a tailored implementation, supported by a foundational governance model that ensures continued support and innovation. To learn more about our approach, we hope you can join us at Oracle OpenWorld for our session, Business in Front, Party in Back: A Business Case for Success in the Cloud [4] Monday, Oct 22, 11:30 am - 12:15 pm | Moscone South-Room 208, to hear how Creighton University built an effective business case to justify its move to Cloud and an effective governance model that is supporting Oracle HCM Cloud for long term success.

Written by: Jeff Haynes, Director, Baker Tilly Human Capital Consulting Practice From shoulder pads to big hair, John Hughes movies to Madonna, the 80s gave us some iconic trends. One of which was the...

Focus on Talent

How Mark Hurd Increased Employee Retention at Oracle by Improving Onboarding Practices

Hiring good employees can be expensive. We recently took a look at just how costly it can be, and the numbers should be sobering for any HR professional or finance executive. It can cost between 10 and 30 percent of his or her annual salary to replace a departed employee making less than $75,000 a year, and high-skilled demanding jobs can cost employers up to 200 percent to re-staff after a valuable employee heads for “greener” pastures. Oracle CEO Mark Hurd understands the importance of low turnover for the bottom line as well as any executive. Oracle has almost 140,000 employees, which means that small changes can have huge impacts when it comes to employee satisfaction, job performance, and retention. It’s very much in his interest to ensure that Oracle’s employees feel like they’re part of something great, and creating that atmosphere has to begin on day one of every new hire’s tenure, no matter where they work or what they’ve been brought on board to do. Early in his tenure, Hurd discovered something problematic about Oracle’s onboarding processes: they weren’t consistent, they weren’t comprehensive, and they just weren’t working to get most new hires up to speed. At least, that was the opinion of Oracle employees surveyed on previous onboarding practices. Hurd discussed this particular issue at length during his keynote speech at Oracle’s HCM World conference this year: “We have to do our best to make it easy to assimilate into the company. We had 35 percent favorability, if I remember right... about our onboarding. So it figures I had the easy part of this. I got the data and didn't like it, and I told [Oracle EVP of Human Resources Joyce Westerdahl] to fix it. Somebody on Joyce's team did a lot of work to start to get common website capability, common training capabilities. ‘How do you join a company and get a PC?’ ‘How do you join the company and get a mobile phone?’ ‘How do you get an employee number? How do you get a badge?’ All of this stuff sounds so rudimentary, but it was taking weeks for some of this stuff to get done. And in the meantime, the employee's unmotivated and doesn't understand where the resources are. I think in our last couple of surveys we raised that from 35 percent favorable to around 80 percent favorable, just by the work that was done. That's a really good example for us, to our people. We listened to you, we evaluated what you said, we acted, and we got a better answer.”                                       Onboarding can be one of the most critical times in an employee’s tenure. Their experience in those first few days sets the tone for how they perceive their new employer and their new coworkers. A smooth and effortless onboarding experience sets both employer and employee up for success, while a rocky start can leave a new hire wondering just what they’ve gotten themselves into. The data shows, time and time again, that a great onboarding process will more than pay for itself over the long run:   Up to 20 percent of turnover happens in the first 45 days of employment Standard onboarding processes lead to 54 percent greater productivity in new hires Companies lose up to 2.5 percent of their revenue to new hire learning curves Good onboarding results in 18 percent greater new-hire goal achievement   At Oracle, we’ve done more than improve our onboarding practices — we’ve taken what we’ve learned and used it to build a complete onboarding solution as part of our Human Capital Management (HCM) Cloud. The technology behind this solution works not only with brand-new employees, but with employees moving into a new role in the same organization. It even covers “pre-boarding,” that period of time between accepting a job offer and showing up at the office for the first day of work. Acclimating new hires to the company culture and introducing them to their peers in advance can further speed and streamline the transition from first-day jitters to all-star performance. Would you like to learn more about how we turned our CEO’s insight into actionable processes, and how we can put those processes to work for you? Click here to get started.

Hiring good employees can be expensive. We recently took a look at just how costly it can be, and the numbers should be sobering for any HR professional or finance executive. It can cost between 10...

Customer Stories

Cantor Fitzgerald Rebuilds in the Cloud After 9/11 Tragedy

There are some Oracle Human Capital Management (HCM) Cloud customer stories we have the honor of sharing, that surpass all metrics, all odds, and make you forget about technology for a second. Cantor Fitzgerald, the global financial services firm, is one of them. Oracle Senior Writer, Linda Currey Post, sat down with Michael Chang, Cantor Fitzgerald's director of human resources operations, to discuss overcoming the loss of 68% of their workforce on 9/11, and how they are currently thriving as a business and adopting new cloud technology to enable their transformation.  Excerpt from the original Wall Street Journal article: Cantor Fitzgerald, the global financial services firm, suffered catastrophic losses on September 11, 2001, when an airliner hijacked by terrorists hit its headquarters in the north tower of New York’s World Trade Center. More than 60 percent of the company’s workforce at the time—658 people—perished. Seventeen years later, the firm is flourishing. With a new headquarters in midtown Manhattan, CantorFitzgerald now employs more than 12,000 people, who work in 60 offices in 20 countries. Under the leadership of chairman and CEO Howard Lutnick, the firm, which provides investment banking, prime brokerage and commercial real estate services, has also become a philanthropic force. The Cantor Fitzgerald Relief Fund has distributed $320 million in support of both the families of employees who were killed on 9/11 (including the chairman’s brother, Gary), as well as other victims of terrorism and natural disasters. And every year on 9/11, which the firm now calls Charity Day, the company donates its revenues and its traders donate their commissions, raising $147 million so far for nonprofit agencies that can apply for grants. Celebrities including Lady Gaga, Jake Gyllenhaal and Eli Manning have joined the traders in calling customers to encourage them to complete more trades and raise more money. New HCM System Tracks Growth  Cantor Fitzgerald’s entire trading business depends on robust technology. It was an electronic trading pioneer in the 1990s with its eSpeed platform, taking that e-trading subsidiary public in 1999. It also moved recently to a state-of-the-art human capital management system, choosing Oracle HCM Cloud to help the firm keep pace with its frequent acquisitions and the resulting growth in the number of employees, says Michael Chang, Cantor Fitzgerald’s director of HR operations. When Cantor Fitzgerald acquires companies, Chang says, their employee records are often difficult for the headquarters HR team to access. “Now we can put all our employee data into one global single instance of Oracle HCM Cloud, which allows us to apply analytics to get accurate insight into who our employees are, where they are and the lines of business they support,” he says. Want to learn more? Find where Cantor Fitzgerald is today with their cloud upgrade in the original article by Currey Post on WSJ.com.     

There are some Oracle Human Capital Management (HCM) Cloud customer stories we have the honor of sharing, that surpass all metrics, all odds, and make you forget about technology for a second. Cantor F...

Employee Engagement

3 Shocking Statistics About Your Millennial Workforce and How to Mitigate Them

Written By: Lauren Antone, HCM Cloud Associate Product Marketing Manager at Oracle How to effectively manage your talent continues to be a hot topic discussed and explored by organizations. By now companies are familiar with the popular buzz-phrase, "employee engagement." Organizations understand the importance of defining their workplace culture and hiring the right talent with key skills and personal goals that align with those of the company. They are even taking that extra step and investing in their employees’ experience, because employee satisfaction is the key to increasing employee engagement, retention, and productivity, right? And yet, here are three shocking statistics you need to know about your workforce: Only 33% of employees report being engaged at work 70% of employees say they are dissatisfied with future career opportunities within their organization 93% of millennials left their employer the last time they changed roles While workplace culture and employee satisfaction are critical components to engagement, there is still a disconnect between employees and their workplace. Where is the millennial voice in this conversation? As a millennial working in Silicon Valley and human resources software, I've seen firsthand how companies struggle with effective talent management within their organizations. For Bay Area companies, the competition to attract and retain talent is fierce—especially when your competitors offer everything under the sun to get talent through their door. I've witnessed my peers recruited to companies by attractive work perks and a laid-back culture, promising work-life balance and fun! For a while this works. Who doesn’t love free meals, working remotely, and taking a break with furry office friends? However, despite these attractive incentives, these same peers never stay longer than a year or two. So, what gives? This is because employee satisfaction does not guarantee engagement, and your disengaged employees are already looking for their next career move. Millennials are among the lowest percentage of engaged employees, and from this we've gotten a bad rap. We are often stereotyped as impatient, selfish, and disloyal job-hoppers. Truthfully, job-hopping has become the norm for the rapidly growing millennial workforce, and according to a LinkedIn survey, it's nearly doubled in frequency over the last 20 years. But what our "disloyalty" reveals is that our professional needs are not being met. There is a misalignment between organizations’ perceptions of what millennials value and what we actually value that is perpetuating this behavior. So, without further ado, here it is: Everything your company needs to know about what your millennial workers really want and how to engage us, shared directly from a millennial herself.  Millennials want a defined career path with advancement opportunities. If a company can't provide this, it’s already lost us. Future career opportunity is one of the top three global drivers of attrition. Millennials highly value a job that will accelerate professional and career development. Perhaps it’s the stage of our lives that we are in, but this can be a big miss for organizations that are not prepared to show us what’s next. Six months ago, I was at a crossroads in my career, thinking critically about my future. Oracle provided a clear roadmap of career path opportunities and the key competencies required for advancement in roles of interest, preventing me from seeking outside opportunities and enabling me to successfully transition to my desired role. Companies that offer career mapping are on the right track! Your millennials will feel empowered about their career decisions and more motivated in their work when they understand the criteria your company has set on what it takes to advance.  Millennials want a coach, not a manager. Ambitious as we are to advance our careers, we want a “coach” who can help us learn and grow in our current role. More so than other management styles, coaching helps employees understand what needs to be done and unlocks their willingness and potential to learn from failure. Begin with a discussion around goals. According to a Gallup survey, employees are almost three times more likely than others to be engaged when they’ve had a conversation with their manager around goals and successes in the last six months. Managers that set well-thought-out goals provide clarity for expectations and measuring success, allowing millennial workers to develop professionally. We can understand our strengths and weaknesses and feel accomplished when we succeed, which leads to greater engagement. But don’t forget the millennial has goals too! We want to share our professional aspirations with our managers and have a say in setting performance expectations that are fair but challenging. My best managers have always taken the time to understand my personal goals and worked with me to align them with the business objectives, resulting in greater motivation and productivity. Millennials want feedback. All. The. Time. Surprise! Along with collaborative goal setting, we want feedback from our managers 50 percent more often than other employees, and as frequently as once per week. We are the digital natives, and as such, we are used to getting instant feedback at the touch of a button in order to learn and grow. Yet only 17% of millennials strongly agree they receive routine or meaningful feedback from their manager.   Annual performance reviews and quarterly check-ins aren’t enough to keep us engaged. Ongoing feedback from management enables us to see how our daily performance aligns with our goals, and supports our professional development (which we already know is a top priority for millennials). As a millennial, I can tell you that I appreciate the time my manager makes to provide an open-door policy for continuous feedback. Getting the managerial perspective not only provides direction, but it speaks to the quality of my work and enables the sharing of knowledge for professional growth. For me, this is a motivator to keep elevating my performance and keeps me happy and engaged. HR leaders and managers need to be proactive with their engagement strategies and development opportunities if they are to retain their millennial workers. As one of these leaders, begin by showing your workforce that they have a future with your organization where they can learn, develop, and succeed. For additional information on how to engage your millennial workforce with impactful talent management, visit the Oracle Talent Management Cloud homepage.

Written By: Lauren Antone, HCM Cloud Associate Product Marketing Manager at Oracle How to effectively manage your talent continues to be a hot topic discussed and explored by organizations. By now...

Future of Work

CEO Mark Hurd: Artificial Intelligence Brings Innovation to HR

Managing human resources for a large enterprise can be incredibly challenging. Hiring one new employee often involves a half-dozen or more steps, spread out across weeks or months. A company like Oracle needs to hire thousands of people each year—if hiring processes were conducted manually for every applicant, it would leave the HR department no time to do anything else. Employees also need to be paid, their benefits must be properly allocated, and their performance needs to be tracked so management can offer promotions and bonuses to the most deserving people. The challenge of human capital management (HCM) can overwhelm startup HR leaders even at smaller scales, particularly if they’re overseeing rapid expansion. While HCM applications like Oracle HCM Cloud can greatly streamline simpler tasks, an “unintelligent” HCM solution simply isn’t enough to address the myriad challenges today’s enterprise HR departments must tackle every day. That’s where artificial intelligence (AI) comes in. AI innovation can help HR departments manage recruiting, onboarding, retention, performance tracking, and a range of other critical employee oversight and optimization functions. Oracle has integrated AI into many parts of its HCM suite, and this has already resulted in internal successes, as CEO Mark Hurd noted at the SuiteWorld18 conference: If I asked our head of HR, "Would you like an AI application?" I'm not sure what she'd say. But if I told her that I could help her do a better job of recruiting the 2,000 college kids we recruit every year, by knowing things like whether their GPA would do a better job predicting their future success at Oracle, or the school they went to or their major or any of these hundreds and hundreds of correlations... she's going to buy that every single day. To put this into perspective, Employment Background Investigations found that last year, the average job opening attracted 250 applications, with only two percent of those applicants even called in to an interview. For an enterprise company, hiring 2,000 employees could require drawing from a pool of as many as 500,000 applicants -- that’s more people than live in the cities of Atlanta or Miami. The company would need to conduct roughly 10,000 job interviews to find its 2,000 new hires. That’s a lot of work for an HR department. It would simply not be possible to sift through a half-million prospective applicants by hand. Winnowing the field down in a viable way, based on AI analysis, provides enormous benefits to busy HR teams of all sizes. Recruiting is challenging enough, but retaining and rewarding employees in large organizations can be still more difficult. Employees must be made to feel like they’re part of something worthwhile from their first day on the job. An effective onboarding program can make all the difference between a new hire becoming a loyal contributor and quickly burning out and leaving the organization. A study by the SHRM Foundation discovered that a good onboarding program can make new employees 69 percent more likely to stick with their new employers for up to three years. AI helps HR teams provide customized onboarding and training programs that address each new hire’s strengths, weaknesses, and particular operational requirements. Hurd aptly compared this ability to personalize training programs to the potential of individualized drug development at Oracle’s 2017 HCM World conference: There's going to be one drug discretely prescribed for our chemistry as individuals. Same thing's going to happen as we start to evolve here in HR. We're going to get more prescriptive and more specific about individuals and how they specifically work, grow, and develop. Another added benefit of AI-enabled recruiting and onboarding (among other functions) is the AI systems’ abilities to identify and analyze patterns in the use of these tools. The results of this analysis can help HR leaders improve their organizations’ use of the tools, by identifying and improving methods and processes that work and eliminating those that don’t. By deploying AI innovations to handle enterprise-scale HCM challenges, human resources teams can better manage their workloads and better respond to the individual needs of their workforce in an effective and personalized way. These same innovations can help the HR work of companies at all sizes by addressing routine challenges and allowing HR professionals to focus their attention on the big picture. Learn more about how AI in the workplace can help Make Work More Human for your organization. 

Managing human resources for a large enterprise can be incredibly challenging. Hiring one new employee often involves a half-dozen or more steps, spread out across weeks or months. A company like...

HCM Cloud Product Updates

Long Live Responsive User Experience (UX)

Written by: Stafford Burt, Senior Principal Sales Consultant, Oracle Less than five years ago only a very few people had smart phones and mobile apps were a very new concept. Fast forward three years and few people would have believed you if you’d said you’d have a device under £50 ($75) in your home that used natural spoken language to perform a huge variety of tasks—"Alexa what’s in my Diary today", "Siri book me a Lyft". This was the kind of thing we’d only ever seen on Star Trek. Now imagine what things will be like two years into the future for your human resources team; will voice activated chatbots using artificial intelligence (AI) completely replace screen-based user interfaces (UI)? "Alexa which payroll items were out of tolerance?," "Siri book me on PRINCE2 training in June." How about in five years? Will screens be a thing of the past, will pretty much all HR transactions be run by AI with human intervention only required to manage the few exceptions in the processes? Oracle HCM Cloud has begun to introduce a new Responsive UX because large-scale mobile deployments need to be simplified. It all starts from the new homepage, a ‘Newsfeed’ style design that looks like familiar apps, such as Facebook and BBC, presenting a long vertical page feed of information. For employees and managers they will also get the new responsive designs for all self-service transactions as well. Frankly, reliance on mobile apps restricts our flexibility to innovate, quite literally, it holds back our imagination, which is key for delivering a best-in-class SaaS cloud platform. Our move to a highly adaptive Responsive UX is a move to the most flexible and innovative HCM cloud software available today and should see us in good stead for the future. "Beam me up Scotty!              5 Reasons Why Responsive UX is already better than a mobile app: 1. Flexibility—Ever tried changing a mobile app? Unless you’re a Java, or iOS expert—good luck. However, adding or removing a function in an adaptive UX is as simple as changing a configured menu item in a user’s role-based portal, changing the colours, logos, fonts, texts, wording, etc., is a simple business configuration.  2. Portability—Ever been asked "does that work on a Windows phone?" or worse "Blackberry?" The answer with Responsive UX is yes, as long as it’s got a browser it works. Currently, Android and Apple dominate the mobile market but we’ve all seen how rapidly things in that market change—increasingly we’re using wearables and voice activation let the device do the heavy lifting, on the technology we’re just going to plug into it!       3. Security—How do you cope if an employee loses their device or leaves the organization? How do we get the app switched off? In reality we talk to Mobile Device Management tools, but few of us are deploying or using these tools. With Responsive designs its simple; users login just as they do on their laptop and if the device is lost, no data is stored on the device, ergo no risk. 4. Ownership—Employees are often asking about bring your own device (BYOD) to work, or if the device needs to be supplied by you, the employer. With Responsive UX, a required mobile device is null—it’s a secure logon to a web site using any mobile browser on any device.  5. Longevity—How do I get my users to ensure they’re using the right version of the app? Sounds like you're asking an on-premises question to me! The simple answer is: with Responsive UX, they simply cannot be on the wrong version, they just go to a browser window.  Now that you understand Responsive UX vs mobile application, are you ready for the new look?   

Written by: Stafford Burt, Senior Principal Sales Consultant, Oracle Less than five years ago only a very few people had smart phones and mobile apps were a very new concept. Fast forward three...

Future of Work

The Changing Role of HR in an AI World

    We live in an era where there’s perhaps more focus than ever before on how an organization treats its employees. Stories about gender-based pay gaps, lack of diversity, and sexual harassment are front-page news around the world. The ensuing outrage from stockholders and the public have pummeled share prices and reputations, with more than a few top executives going from C-suite to unemployment line as a result. If there were ever a time when HR leaders needed to be more actively involved at the highest levels of the enterprise, it’s now. The value that a great HR executive can bring to an organization is enormous, from preventing that loss of reputation to boosting worker engagement and productivity, to being the moral compass of an organization. To do that effectively, HR executives will need to develop a deep understanding of technology, both in terms of how it’s changing the workplace, and in how it is changing the nature of the HR function itself. Technology as a Workplace Driver Technology is pervasive in everyday life, and that creates expectations on the part of employees that they will have the same convenience and flexibility with technology in the workplace. This isn’t just about ease of use and mobility, either: They expect to have a strong social component as well that lets them see, share, like, innovate, and engage across organization, time and distance. Much of the time, though, the technology in the workplace fails to measure up to what employees own and use themselves. When people find themselves using technology they find limiting, and that cuts off that constant social contact, it can lead to frustration and demands for companies to rethink workplace technology. Given the competition for the best employees, it’s important for both retention and productivity for executives to listen to those demands. After all, these technologies are challenging our established norms engagement, and are the key to making a workplace less hierarchical, more open, and thus more likely to be innovative. HR is the channel for that message to reach executives, along with strong counsel on how to meet those demands (and the consequences for not doing so).  At the same time, some of the cutting-edge technology that’s becoming part of the workplace also creates uncertainty and stress for employees. If you think about what’s going on with artificial intelligence, with robotics, and how those will change the workplace and people’s jobs, you can see why employees would be concerned. They are asking themselves if there will be a place for them in that workplace, how they should prepare for those changes. Again, the place workers (and their managers) will expect to provide those answers is HR. That means having a solid understanding of the implications of this technology and provide information and guidance to employees. Technology as a Value Tool It’s just as important for HR to have the technology it needs to provide the data and insights that will help leaders understand what’s happening with the workforce and how to increase performance. It’s no longer enough to have a “gut feel” about how things are going – just like other parts of the organization, HR needs to be data led. There are opportunities to gain insights from internal company data as well as by mining things like social media posts, using Oracle’s Human Capital Management products. We’re applying our long expertise in technology as well as working with partners to develop specific tools to help develop, sustain and measure the productivity of great employees. Because this is becoming a data-driven function, HR directors need to build great relationships with people who know technology in their organizations, and with experts outside as well. They need to have conversations with their peers in IT and operations, so that decisions about technology across the organization are made in ways that ensure HR’s needs are included. In short, the skills an HR director needs are changing, and if you don’t understand data, you’re in the wrong job. There’s another powerful reason for HR leaders to build those relationships and have those conversations, especially with peers in marketing. Why? Marketing is in the business of listening to customers and using data to do it. HR likewise needs to be in the business of listening to employees and learn how to use data for the purpose – and be as innovative and challenging in what they offer to employees as marketing is for customers. Maintaining the Moral Compass Beyond its role in recruitment, retention, and engagement – or, perhaps more accurately, because of this role -- HR is the natural provider of the moral compass at the board level. HR leaders are in a position (and have the obligation) to speak truth to power, and always to be conscious of, consider, and raise issues of ethical behavior. Again, this requires a deep understanding of and ability to articulate the impact of technology on an organization and particularly its people – and asking hard questions about what data we are capturing and how we use it. Technology can enable companies to monitor productivity with incredible precision, tracking activities to the second. Just because that is possible, though, doesn’t mean that it is either desirable or humane. Do we really want, for example, to be measuring how long people take for toilet breaks and then using that as part of measuring their productivity or value to the organization?. While flexible work arrangements are good for the employee and their work-life balance, zero-hour or on-call only contracts are potentially exploitative – how do you provide ethical flexibility? As we put more robotic devices into place, how do we make sure that how and where we do so are not reinforcing unconscious bias?  Given the importance of HR to keep the organization running efficiently and effectively – and with the tools and data to make the right decisions and demonstrate value -- HR directors are now some of the most vital people in the C-suite. With a deeper understanding of data, they can make huge contributions to creating and maintaining a productive and ethical workplace.  

    We live in an era where there’s perhaps more focus than ever before on how an organization treats its employees. Stories about gender-based pay gaps, lack of diversity, and sexual harassment are...

Oracle CEO Mark Hurd on the Essential Partnership between CFO and CHRO

Managing enterprise expenses is the essential duty of a Chief Financial Officer (CFO) the single largest expense in many organizations tends to be workforce compensation. The high cost of recruiting, training, compensating, and managing a workforce renders critical the need for an organization’s CFO and its chief human resources officer (CHRO) to work closely together. Aligning organizational personnel strategies with overarching financial management requirements and strategies can help the CFO and CHRO build a strong talent system that will be sure to generate more than enough revenue to offset its cost. Oracle CEO Mark Hurd has noted the need for human resources and finance to communicate, highlighting the tight integration between Oracle’s human capital management (HCM) platform and its financials systems. At Oracle’s HCM World 2017 conference, he pointed out that “Our HCM platform and the financials platform have the same ability to communicate. They have, if you will, the same data model. … If you actually told our controller we're going to have a separate HR system from our financial system, with a completely different data model, he would revolt.” Simply listing the costs associated with hiring and training can highlight how critical it is that human resources and finance departments work closely together to optimize the talent pipeline. A recent Glassdoor report on hiring found that the average U.S. employer spends roughly $4,000 and takes 24 days to hire a new worker. A different report from the Center for American Progress focused on the costs of turnover, which it noted can rise to 200 percent of an employee’s annual salary. That’s not a typo -- companies that need to fill and refill high-skilled and high-paying positions can wind up paying three times as much to get someone into a job as they will to keep them in that job. These positions, which tend to be executive-level, are far less numerous than front-line roles, but it can still cost between 10 percent and 30 percent of annual salary to replace someone earning $75,000 or less per year. Shaving dollars and percentage points off of these human resource expenses can save an enterprise tremendous amount of money. For an enterprise looking to add 2,500 employees in a year, the difference between spending $4,000 per hire and spending $3,000 per hire is a net savings of $2.5 million. The difference between replacing 2,500 employees making $50,000 each per year, at a cost of 15% of their salaries rather than 25% of their salaries, is $12.5 million. It’s likely that many large enterprises, particularly those in high-skill industries like healthcare or technology, will spend more than $4,000 to hire someone, and will eat a sizable chunk of their salary, in excess of 15%, to address turnover as well. So how can a CHRO work with a CFO to ensure these expenses are kept low? The answer, Mark Hurd says, lies in the cloud. Utilizing cloud applications, particularly those that operate within a fully-integrated suite, provides data-driven insights that can lower costs, improve hiring outcomes, and streamline the process of onboarding and training to reduce the financial hit of turnover. Oracle recognized the importance of cloud computing years ago and began developing its infrastructure to provide these services to enterprises worldwide early in Hurd’s tenure. Now, the company provides customers with complete suites of SaaS applications, offering more than a thousand applications . Some of these applications are bundled into suites that address critical organizational needs, such as enterprise resource planning (ERP) and HCM, two Oracle SaaS suites which integrate seamlessly with each other to allow CFOs and CHROs to share their data and formulate comprehensive strategies to address the costs of recruiting, retaining, and rewarding employees.

Managing enterprise expenses is the essential duty of a Chief Financial Officer (CFO) the single largest expense in many organizations tends to be workforce compensation. The high cost of recruiting,...

4 Essential Employer Branding Trends to Know

Written by: Pete Jaradeh, Product Marketing Manager If you’re looking to succeed and stand out in 2018, employer branding cannot be optional. Year after year, the job market continues to shift towards becoming more candidate driven rather than company driven, meaning you don’t choose the talent; the talent chooses you. If you’re wondering how your organization stacks up, or if you’re simply scratching your head questioning where to start, take a look at our list of must-know employer branding trends below, compiled to help you stay ahead of the curve. Branding Must Be Prioritized in the Boardroom Having a “seat at the table” may sound a bit cliché at this point, however, it’s exactly what the human resources team needs to kick-start a branding strategy. In order to ensure that attracting top talent and employer branding are viewed as priorities by your organization, you as HR must position yourself as a strategic partner regarding business development. Ideally, HR’s role in the boardroom should be treated with the same importance as any other c-level executive. From an operational standpoint, HR is responsible for a businesses’ most valuable differentiator—employees.  HR departments capable of mastering this quickly will no doubt gain a competitive advantage over other companies within their respective industry. Employees Will Provide Authenticity Just as you’re more likely to trust traveler reviews over a hotel’s website, candidates are more likely to trust your employees over the recruiter. Thanks to the prevalence of social networks and popular workplace review sites like Glassdoor, it’s now incredibly easy for people to ascertain the conditions and work environment of you, their potential new employer, based on feedback from past as well as current employees. While it’s impossible to control what these individuals have to say about your organization, one thing you can do is attempt to reshape their perceptions. To do this, try listening to the thoughts and concerns of your employees, either by conducting anonymous surveys and focus groups or by browsing around the aforementioned workplace review sites. Once you’ve heard what they have to say and understand the reasoning behind it, you can then devise a plan to rectify things for the better. HR can take this one step further and encourage employees to become brand ambassadors for your organization, empowering them to share their stories on your website or post their experiences across social media platforms. Technology Will Continue to Change Everything Technology platforms for talent acquisition have been prominent for more than half a decade., We are now starting to see even more emerging in the market, especially relating to employer branding. The inherent value that recent digital advancements can provide, such as artificial intelligence and chatbots, are starting to be recognized and incorporated into many current and new applications— and for good reasons. The capabilities of these technologies have allowed organizations to drastically speedup recruiting, evaluation, and workflow processes while still ensuring that candidates stay engaged with the help of personalized journeys, and we’ve only scratched the surface. We can expect to see even more advancements like voice activated applications and virtual reality environments in the coming years. Jet.com for example, created a virtual space allowing applicants to partake in their organization’s happy hours and even hold virtual meetings with the CEO, giving them a life-like experience of their company prior to joining the organization. Mobile Branding is Becoming Mandatory Mobile usage has been a hot topic for some time now but it’s worth mentioning regardless, especially if you have yet to make this a priority. The ability to adapt your brand to meet the pace of the smartphone revolution is no doubt crucial to the success of your recruiting efforts. Right now, Americans alone are performing over one-billion job searches each month from their mobile devices. This means that if you haven’t started optimizing your brand for mobile use, chances are you’re missing out on a large chunk of qualified applicants. If fully transforming your mobile branding efforts seems too daunting to even think about, start small. Forget about smartphone apps for the time being and focus on first developing a mobile responsive website. Getting started is easy—simply take a look at your own job portal on your iPhone or Android and visually audit your own environment. Is it just as easy to browse and apply from your phone as it is from your desktop? Can candidates easily define filters and search keywords to find positions of interest? Are any pages, logos, images and videos omitted on mobile devices? After a full audit, how would you grade your career site? Interested in learning more about employer branding? Take a look at our 5 Ways HR Leaders Can Win Talent Through Branding to hear about several effective ways to guide your branding efforts in the right direction.

Written by: Pete Jaradeh, Product Marketing Manager If you’re looking to succeed and stand out in 2018, employer branding cannot be optional. Year after year, the job market continues to shift towards...

Why Culture Matters – 3 Steps to Building a Winning Culture

When I hear the word culture, I think about people collaborating to produce great work—like an orchestra performing Beethoven's 5th Symphony or architects designing the iconic Chrysler Building. Culture in the workplace is defined as “…the values, behaviors, and attitudes followed by people in an organization, from the CEO down to front-line employees.” Simply put, it’s “the personality of the company.”[i] The Importance of Company Culture C-level executives, especially HR leaders, know how vital culture is to their organization’s success. Dropbox, for example, was started by two MIT students a decade ago and is now a $12B cloud storage and collaboration company with 1,900 employees and 500M customers. It’s listed on Fortune’s 100 Best Companies to Work For and LinkedIn’s Top Companies for 2018. Dropbox’s innovative work culture is one of the reasons the company has been able to attract—and retain—top tech talent in a competitive market. Its holistic approach to wellness, which includes flexible work hours, free meals, and onsite fitness, makes it a sought-after workplace for employees looking for greater work-life balance. Even when CEOs Drew Houston and Arash Ferdowsi scaled back some perks to increase profitability, they explained how these changes would benefit employees with a stronger IPO. Houston and Ferdowsi also make themselves available so staff members can speak to them about ideas and issues. It's Not All About The Perks You may be asking, “That’s great for high-tech start-ups flush with venture capital but I work for a major big box retailer with thin margins and high turnover. What can I do to build a winning culture?” Surprisingly, the answer may be less about perks and more about the fundamentals of how people like to work. Employees want to be part of something greater than themselves—a mission they believe in, a community of caring professionals, a role that offers meaningful work, and a manager who values their contributions and celebrates their success. Three Steps to Building a Winning Culture  Ensure your business and HR processes reflect your organization’s vision, mission and values Prioritize cultural fit and relationship networks when recruiting, alongside skills and experience Foster an environment in which employees ‘walk the talk’ and encourage their peers to do so In our next blog installment, we’ll go through these three steps in detail, highlighting examples from winning company cultures. For more information, please visit Managing Organizational Culture. [1] Krishan Reddy, Why is Company Work Culture So Important? Top 30 Reasons, Wisestep.com.  

When I hear the word culture, I think about people collaborating to produce great work—like an orchestra performing Beethoven's 5th Symphony or architects designing the iconic Chrysler Building. Cultu...

Focus on Talent

10 Benefits of Moving Your Workforce to the Cloud

HR organizations deal with massive amount of talent data and financial data which must be accurate, efficient, and compliant with all regulations imposed on it at the local, national and international levels. Businesses thrive if and only if they get the most out of their HR data and leverage that to attract, recruit and develop talents and maybe more important than all, retain and motivate the talents to be high performers. Tying the compensation with performance requires solutions and tools that track, analyze, and manage team compensation, salary and benefits in the most effective way without adding a huge load of work to the busy schedule of the line of business managers or human resources professionals.  We all can agree, with a high level of certainty, to the fact that a technology that supports payroll, compensation, benefits, time management and performance management in one platform and adheres to the latest compliance and regulatory requirements, can’t be limited to the boundaries of the on-premise world.  Businesses need to move all HR and finance applications to the cloud to benefit from all capabilities with the lowest maintenance and effort to control and update the systems. According to Deloitte, “using the cloud, organizations can see structural benefits that lie beyond technology advantages and makes it possible to connect various HR initiatives and technology across the enterprise, so that design, portals, and the nature of service delivery itself are consistent and appropriate.” A cloud workforce rewards solution can bring many direct and indirect benefits to any organization. Here are ten benefits in moving your workforce to the cloud:  Reward for performance A unified compensation and performance management solution helps to focus on performance improvement, recognize the high performers and reward them based on their achievements on the spot. In this way, companies can reduce attrition and increase the employee satisfaction as well as access to better business performance across the board. This can’t be achieved with fragmented technologies and multiple pieces of applications that don’t talk to each other. Moreover, AI and machine learning can take this factor to the next level by predicting high performing employees, salary trends, potential risk of attrition and flight risk to help businesses to stay on top of competition by focusing on their most valuable resource, talents. A unified business application environment Integration shouldn’t be a boundary. Having payroll, compensation, workforce management and performance management as parts of one unified system ensures organizations that HR data format is consistent with compensation and payroll formats and styles, so system admins won't need to deal with every single entity and manage information in small portions. Secure By selecting the right vendor in the cloud, the sensitive HR data and financial data become secure and safe. A reliable technology enables IT departments to focus on business impacts and support the lines of business. One single source of truth with centralized data sources Embracing cloud technologies empowers businesses to load and store all data from disparate sources in one single place, data warehouse or data lake. In this way, organizations can track the changes, extract more impactful insights and provide access to richer data for analytics across the board. I have seen among multiple HR customers, how having a single source of truth takes the reporting to the next level and helps all managers to generate trustworthy and credible reports in real-time with the best available information. Scalable Businesses can use the database and data warehouses that are precisely the right size for their current need and be able to expand them in future as the business requirements change, they expand their geographical presence, hire more, or acquire new companies. Fast, adaptable and effective transformation Moving to the cloud provides an opportunity to transform business processes if it’s seen as a holistic move that covers all aspects of the business and focuses on the way the work can be done efficiently. Strong Regulatory Compliance Monitoring the processes to ensure compliance needs intelligent solutions that can detect any anomaly and enable all workers to perform in the right direction, aligned with the business objectives. The goals should be defined concerning all regulations and proper risk management practices should be acknowledged and rewarded. Experience and Consistency Great user experience starts with attractive user interfaces and includes all processes across the entire enterprise. Users need to be able to learn how to use a system intuitively and once they learn a process, they should be able to apply the same knowledge across all applications and tools; here is where the consistency plays a vital role. To keep systems usable, with simplified interfaces and streamlines processes, organizations need to make sure they are continuously improving the experience and upgrade the solutions with the latest and greatest trends and technologies. Maintenance HR departments need to reduce their dependency on IT departments. Lower dependency frees time of IT to focus on critical problems and helps HR to deliver their services without interruption with instruments that they really need. Total cost of ownership In the end, any investment should have a positive return of investment (ROI). Based on a research by PWC, 44% of organizations see the lower cost of ownership as the top motivation to use cloud for HR processes. Reducing the total cost of ownership (TCO) by removing the hardware costs and labor costs of on-premise scenario can be a significant step to have higher ROI. Fnd out how Oracle HCM Cloud can help your business to thrive.

HR organizations deal with massive amount of talent data and financial data which must be accurate, efficient, and compliant with all regulations imposed on it at the local, nationaland international...

Global HR

Tomorrow’s HR Today: Building a Business Case for HCM Cloud in 4 Steps

For many human resource leaders, the reasons to move human capital management (HCM) to the cloud are plentiful and clear. From the importance of using data and insights to improve recruiting, retention, and employee experience, to the ability to automate time-consuming processes and spend more time adding strategic value to the business—cloud offers promising rewards to those who are ready to fly high. Convincing stakeholders to upgrade to the cloud can be tricky. In fact, in his SHRM webinar, “Are You Ready to Build a Business Case for Cloud?” Matt Richards, managing director at KPMG, says that about half of the proposals to upgrade to HCM cloud technology are denied. With so much on the line, how can your organization deliver a proposal guaranteed to succeed? Build a Structured Business Case Businesses have limited funds and resources but nearly unlimited requests for investments and technology upgrades. The Chief Financial Officer (CFO) is far more likely to fund projects that will directly affect the bottom line and whose results are tangible and trackable. To garner the CFO’s attention, HR leaders must present their HCM cloud projects as mission critical—absolutely essential for the success of the business. Some members of the C-suite may not find HR technology as appealing as growing international business, investing in e-commerce, or building a new factory. So it’s incumbent upon HR to demonstrate that HCM cloud technology is an investment that will shape the future of the organization—an investment that can help create tomorrow, today. A logical, data-based, carefully articulated business case needs to demonstrate the true value HCM in the cloud can bring, and why it has to happen now. Create a Sense of Urgency Convincing executive colleagues that an investment in HCM technology will see great returns isn’t usually enough. Faced with the pressures of many moving parts throughout the business, a natural response to change is to dither or delay. If HR presents legitimate business reasons for moving HCM to the cloud without a powerful argument for why it needs to happen immediately, the business is likely to agree but then not act on the proposal. A successful business case will explain in concrete terms why a move to cloud must be a priority, and how postponement can cost the business in the long run. Focus on the Right Problems HR leaders are intimately aware of the challenges their own teams are facing and how a cloud HCM solution can alleviate them. But those arguments may not necessarily sway the rest of the executive team. If the arguments HR puts forth don’t seem to have any direct alignment to fundamental business concerns, executives may not consider the investment worthy. CFOs especially will want to understand how the cost is justified. Questions such as, “How soon will I see ROI?” and “What will I lose if I put this off?” need to be answered directly. In addition to justifying cost, HR needs to address the business value gained overall. Whether those gains are increased revenue, decreased costs, or improved productivity—the business case needs to articulate these benefits and support them with as much data as possible. Have a Plan for Success After assembling arguments, expressing an urgent need, and aligning the proposal with business success, HR can seal the deal with a plan for success. Any large-scale change such as a cloud migration will be disruptive—to both people and processes. But HR must demonstrate how it will be least disruptive to the overall business. In this way, success refers to both a successful implementation and successful adoption. Providing a narrative that plans for change management, business readiness, and ongoing audits of workflows and processes will demonstrate that HR’s strategy is not only plausible, but ultimately a huge bonus to the business. To learn more about building a business case for the cloud, download this guide.  

For many human resource leaders, the reasons to move human capital management (HCM) to the cloud are plentiful and clear. From the importance of using data and insights to improve...

5 Tips to Engage & Retain Young Professionals

Written by Shelby Aprile, Senior Marketing Campaigns Manager, Oracle HCM Cloud In today’s workforce, millennials and young professionals often get a bad rap – we’re seen as entitled, arrogant, and, perhaps most prevalently, we’re seen as disloyal job-hoppers looking for the fastest, easiest route to a promotion. And in today’s labor market, there are plenty of jobs to hop to.  As a millennial in tech, I’ve experienced firsthand some of my industry’s finest recruitment strategies and employee engagement initiatives. Sometimes outlandish, yet incredibly enticing, offers cloak Silicon Valley: everything from free onsite yoga classes and gyms to fresh gourmet meals, nap pods, theme-park like game rooms and desk-side ergonomic specialists—not to mention exorbitant sign-on bonuses, flashy stock grants, and lavish parties and getaways. There are times, admittedly, when I’ve come close to being wooed by these generous incentives. The recruiters come a-knocking and I may have, on an occasion or two, sat at my desk and fantasized about my career path (and the complimentary lattes) at a competitor or imagined what it would be like to bask in the perks of a company other than my own. But I haven’t made the jump, and I credit that to Oracle’s unique company culture and the outstanding employee experience I’ve enjoyed during my five years here. Below are five elements that have shaped my experience and that keep me, as a millennial, a happy, engaged and loyal employee: Training & Development I joined Oracle right out of college. From day one, I was given valuable learning opportunities – in cutting-edge marketing best practices and the business acumen that seasoned professionals might take for granted. I was given a solid corporate foundation that I can carry with me throughout the rest of my career. And Oracle continues to invest in my personal and professional development. I have access to a plethora of resources and have been given the opportunity to take courses in everything from Python to Photoshop, but also personal and professional development workshops focusing on topics such as negotiation, influence, and leadership. Employees receive monthly trainings from leaders on the forefront of marketing and technology, and we have access to powerful social collaboration tools and learning platforms to enable knowledge-sharing across the organization. I also get exposure to executives and senior leaders throughout the organization, and the way they think and work.  Within my first two years at Oracle, I had been in meetings with very senior team members, including our CMO, Judith Sim. This is remarkable, given Oracle is a multi-billion dollar company. Empowerment There’s no doubt about it, feeling important and valued feels good and matters. I appreciate and relish knowing that my colleagues and leaders trust me, that I’m of strategic importance, and that I’m contributing to Oracle’s success. I’m grateful that I have the freedom to create and try new things and that I’m empowered to pitch, develop, and execute exciting projects that push the boundaries to drive results. Flexibility Oracle has given me the flexibility to grow. I’ve transitioned into different roles to gain both breadth and depth of experience in marketing, I’ve supported different product lines and I’ve partnered with teams across lines of business and around the globe. I’ve been able to travel to customers, colleagues, and conferences, work out of several different offices, and I’ve even relocated for a period of time with my current role in the company. #ProudToBeOracle Oracle is a Fortune 100 company, so yes, it has money to deliver exceptional experiences for its employees and its 430,000+ customers.  I not only have the technology and resources to do my job in the best possible way, but I also burst with pride when I see the time, energy and capital Oracle puts into rolling out the red carpet for our customers and prospects worldwide. Whether we’re painting San Francisco red for Oracle OpenWorld, hosting gameday in a luxury stadium suite, or serving an intimate dinner prepared by a celebrity chef, it’s exciting to see our customers light up, admire our brand, collaborate with one another on challenges and visions, and most importantly, know that they are valued and appreciated. (Yes that's me with NFL star, Jerry Rice!) Supportive Management and Leadership I have been fortunate enough to work for and alongside of remarkable, inspiring, and extremely competent leaders and role models. They invest in me, my growth, and my development, and so many of them continue to be valuable coaches and mentors.  I’ve been given opportunities to get exposure to multiple domains and applications, and across multiple activities in our organization. I work hard, but Oracle recognizes my contributions and my desire to bring value and grow. For more information, please visit the Chemistry of High Performance.

Written by Shelby Aprile, Senior Marketing Campaigns Manager, Oracle HCM Cloud In today’s workforce, millennials and young professionals often get a bad rap – we’re seen as entitled, arrogant, and,...

Tips on Aligning Retail Talent and Technology to Deliver Outstanding Customer Experiences

Written by: Rocky Mitarai, Senior Director Product Marketing at Oracle The face of retail continues to experience unprecedented disruption as digitization fuels customer expectations around seamless online, in-store and pick-up experiences. As new business models are being delivered by retailers in a race to innovate and feed these expectations, these same retailers often struggle to adapt to this new reality and HR teams are getting hit harder than ever. It's no surprise, as retail is fundamentally a people driven business. In fact, across the US Fortune 500, the top three largest employers are retailers, with their numbers of employees reaching into the millions around the globe. Amidst this disruption, how are retail HR teams impacted, and how can they adapt at such scale? To dig into this topic, I had the pleasure of sitting down with Mario Vollbracht, Oracle's Global Director of Consumer Markets, and an industry veteran with 25 years in the retail and consumer goods space. As digitization takes hold, how has this impacted HR in retail? As digitization changes the face of the retail space, there are several key trends and challenges that Mario and I discussed. First is the shift of power to the consumer, which according to Mario has completely changed the equation. We're living in a constantly connected world, where at any moment we can access product prices, availability, and peer ratings to influence our decision. When a consumer walks into a store and finds an item on the shelf, it's common for them to pull out their smartphone and start doing comparisons. Or in many cases, the research has already been done online, and by the time they make it into the store, the majority of their questions have been answered. In this reality, there is tremendous pressure on associates to be smarter than the consumers in front of them. The other big shift is driven by customer expectations for consistent, convenient, and personalized experiences across channels. One example could be in the restaurant and food retail segment, where online ordering and pick-up is becoming commonplace. The execution of this requires an intuitive mobile experience, and critically, the processes and training across in-store employees to see the order, assemble it, and be ready to deliver it at a specified time. If any of these pieces is botched, the consumer experience is damaged.     What are HR teams doing to adapt? Clearly, there is a lot of pressure on today's retail organizations, and in particular the people within them to deliver the outstanding customer experiences needed to succeed. This puts HR teams in a critical position to drive this effort. So what are some keys to success? According to Mario, there are several things HR teams should consider, many of which revolve around making employees smarter than today's consumer. Employees need to be enabled and empowered, often requiring a combination of things to be successful. Training Investing in training can't be understated. There are examples of successful retailers investing in training facilities—and instead of closing or downsizing stores, turning those spaces into on-site training academies to provide associates with an experiential training process while on-site. Some retailers have begun adding virtual reality to the mix to enable associates to experience the pressures of Black Friday so they are ready for it, which is a trend that we’ll likely see much more of in the near future. Technology While not a solution by itself, technology is a critical enabler of employee success. For example, successful retailers have begun arming their staff with smartphones that can be used on the spot when a consumer asks them a question, to ensure they can provide the right guidance. This allows the associate to do things like scan the barcode of a shoe box and not only get key product information, but also availability in other sizes and colors, in-store location and ETA on next arrival if out of stock. Of course, this all fails if employees aren't trained on how to effectively use the technology, or the processes haven't been built to ensure the technology works.   Empowerment The digital nature of today's retail has opened up new doors for automation and efficiency. For example, it's becoming more common to see robots in stores scanning the inventory on shelves and ensuring that it is in the right place—something that was necessary, yet tedious and error prone, for associates to do previously. With these kinds of innovations, it opens up the doors for empowering those associates to do higher level functions, and provide value to today’s highly knowledgeable consumer. As noted above, this is something that they are fully capable of and crave. Successful retailers have leveraged this trend and shifted org structures by cutting out a layer of management and allowing associates to be empowered with more visibility and authority on the store floor. Taking it a step further, Macy's empowers associates to leverage a self-service application to pick their own shifts, trade shifts, and request time off independently, empowering supervisors to focus on higher level tasks—and has dropped turnover by 28% in the process. The key point that kept coming back in my discussion with Mario, is that things are moving fast, and as retail organizations look to provide an outstanding customer experience, the importance of enabling and empowering their people can't be understated. Leveraging a future-ready HCM Cloud solution can help streamline the processes and execution of training, technology usage, and employee empowerment. Importantly, a holistic approach is needed across each of these areas, as well as a commitment to investing and trusting in each individual. What is your brand doing to stay ahead of the curve? Share with us on Twitter using #OracleHCM #OracleRetailCloud

Written by: Rocky Mitarai, Senior Director Product Marketing at Oracle The face of retail continues to experience unprecedented disruption as digitization fuels customer expectations around seamless...

Are Your New Hires Looking for a New Job Already?

Last week I was headed to Las Vegas to present at our annual user conference at the Mandalay Bay Hotel and Resort. Three days prior to my arrival, the hotel sent me a precheck-in email. When I arrived, I was delighted at the hotel’s fast registration process. All I had to do was show my ID and I was on my way to the room. Unfortunately, such positive experiences do not happen on a regular basis. Often a weary traveler ends up frustrated due to long registration times, wrong room assignments or just merely lack of service. Small changes in service can go a long way in improving someone’s experience. Welcome Aboard Businesses have started realizing that a good onboarding experience significantly impacts new hires, employee engagement and retention, which ultimately leads to a business’s success. Organizations spend a lot of time and effort looking for that right candidate, taking them through an extensive hiring cycle and putting out offers. But once the candidate accepts, the trouble begins. Recently, a friend of mine received a verbal offer from a well-known company. She accepted it and was very excited to start but had to wait for the actual offer letter. It took three months from verbal offer to day one of her new job, during which there was little communication from her hiring manager. Though it was her dream job, she came close to giving up on it and taking on another position that had come through within days of interviewing. Early and effective pre-boarding help employees know their future peers. They can read and watch content in advance to understand the company culture, values and expectations. With a warm welcome, employees start to immediately connect with the company and feel a sense of belonging   A Successful New Hire Let’s talk about, Sara Evans. She is a new hire at a large tech company. Sara is excited about this new opportunity but was also nervous. Fortunately for her, the company sent her relevant information and links which took her through a guided pre-boarding process. The welcome package with useful information like the campus map, layout of the floor and her sign-on details for her first day helped Sara get acquainted quickly. Although she is new to the organization, she is already familiar with the company culture and priorities on her first day. On average, companies lose 17% of their new hires during the first three months In most organizations, the onboarding process is not so smooth, employees start their early days feeling lost and confused, not ready to get started. Their first days are engulfed in administrative tasks instead of focusing on valuable activities to get productive quicker.    The Onboarding Experience for all Employees Pre-boarding and onboarding are not limited to new hires. These experiences translate to all job transitions like internal transfers or promotions. It is just as important to onboard employees to a new role as it was when they joined the organization. That same new hire who has now been a long-term employee will continue to be your brand ambassador if supported well throughout her tenure at the organization. An Onboarding Solution that is Effective Oracle HCM Onboarding enables organizations to make work more human by providing meaningful and enriching pre-boarding and onboarding experiences designed to drive immediate engagement. The technology also allows organizations to extend this experience to existing employees during their career transitions. Learn more about Onboarding at cloud.oracle.com/hcm.

Last week I was headed to Las Vegas to present at our annual user conference at the Mandalay Bay Hotel and Resort. Three days prior to my arrival, the hotel sent me a precheck-in email. When I...

Employee Engagement

The Art of Performance Reviews: Empowering Your Management Team

Companies today are throwing large investments to acquire, manage, reward and nurture the engagement of “best employees” as part of their workforce strategy. They recruit the “best and brightest” and often win the so called war of talent. But not many reap the expected rewards despite attracting top talent.  Managing your "talent keepers" Having talent at your side is not enough, what you do with it make all the difference. To understand, you need to shift focus from talent to talent keepers. Success of your workforce strategy greatly depends on attitude and mindset of leadership's responsible for executing your strategy, not just in the HR department but throughout the organization. Gallup research shows that managers account for 70% of variance in employee engagement. Ability of your leaders to make sound judgments when addressing everyday management dilemmas is critical, so you'll need to make sure that leadership is fully aligned with your strategy of having a motivated and engaged workforce. Are you doing enough to help your leaders lead effectively in this direction? Five leadership checkpoints that impact talent: Are you making sure that leaders are not retaining and rewarding most positions in the same manner—helping to diversify talent? Are you providing feedback to both tough and lenient raters on their performance evaluation behavior over the years? Are you encouraging your leaders to design a robust talent management process?  Are you evaluating and rewarding leaders on their contributions to building the organization and not just on their own performance? Are you making sure that performance evaluations are not being done to just check a box? Using the right technology Have you considered augmenting performance reviews with technology? Oracle Talent Management Cloud will help you recruit, grow and retain your talented team. Combining the domain expertise you posses with the powerful data science tools Oracle HCM Cloud has to offer will really take your employee engagement to the next level.  When you will dig deep inside your people data, you will discover explanatory and predictive insights to help cultivate your talent and enhance performance.  It will be really helpful for your team managers if you visualize these data findings and share it with them; to depict and discuss the strengths and opportunities within their teams.  From powerful recruiting campaigns and painless on-boarding to work-life integration and wellness—leaders need to put their people at the center of everything they do. Brand pride is a reward that your workforce gives you and will ultimately reflect in retention and revenue.

Companies today are throwing large investments to acquire, manage, reward and nurture the engagement of “best employees” as part of their workforce strategy. They recruit the “best and brightest” and...

5 Steps to GDPR Compliance

Written By: Alessandro Vallega, Security Business Development Director, Oracle EMEA General Data Protection Regulation (GDPR) may be just around the corner, but it’s not too late to take control of your data and prepare your organization. As a Human Resources manager, you’ll probably be asking yourself how this upcoming European legislation will affect personnel data that your company might have, wherever your employees might be located.  Here, I have outlined five simple steps that can help you get on the path to continuous compliance. But first, a bit of background! What is GDPR? The EU GDPR will come into effect on May 25, 2018. It applies to all organizations inside the EU and any outside who handle and process data of EU residents. It is intended to strengthen data protection and give people greater control over how their personal information is used, stored and shared by organizations who have access to it, from employers to companies whose products and services they buy or use. GDPR also requires organizations to have in place technical and organizational security controls designed to prevent data loss, information leaks, or other unauthorized use of data. Why is GDPR being introduced? The EU has had data protection laws in place for over 20 years. However, in that time, the level of personal information in circulation has grown dramatically, and so have the different channels through which personal information is being collected, shared and handled. As the volume and potential value of data has increased, so has the risk of it falling into the wrong hands, or being used in ways the user hasn’t consented to. GDPR is intended to bring fresh rigour to the way organizations protect the data of EU citizens, while giving citizens greater control over how companies use their data. So, now what should organizations be doing? Step 1: Don’t panic! With the deadline for GDPR closing in, it might be tempting to quickly implement as many data protection measures as possible. While this sense of urgency is warranted, a measured and strategic approach is best. Companies first need to understand GDPR, how it applies to them and exactly what their obligations are.            Step 2: Centralize your data To better monitor their data, organizations first need to make relevant information easily accessible to all the right people internally. Years of growth and diversification may have left them with disjointed systems and ways of working, making it difficult for individual teams to understand how their data fits in with data from across the organization. This makes customer information almost impossible to track in a cohesive way, which is why it’s crucial to centralize data and ensure it is constantly updated. Step 3: Build data transparency into your organization The next step for organizations is to facilitate the exchange of information between teams. They draw on more customer data from more touch-points than ever today to help personalize products or services, but this also means the information they collect is spread thinly across the organization. To gain a more accurate view of their data, organizations need to integrate their systems and processes so every team has access to the data they need.  Step 4: Choose consistency and simplicity over breadth With businesses collecting such large volumes of data at such a rapid rate, complexity quickly becomes the enemy of governance. Rather than opting for a breadth of technologies to manage this information, they may want to consider using a single system that sits across the organization and makes data management simple. Cloud-based applications are well-suited to this end, as they allow businesses to centralize both data and data-driven processes, making it easier to track where and how information is being used at all times. For example, more and more of our customers are taking advantage of Oracle's unified cloud ERP and HCM approach to better future proof their businesses and data.  Step 5: Put data protection front-of-mind for employees New technologies can only go so far in making an organization GDPR compliant. As ever, change comes down to employees, culture and processes. Data protection must be baked into the organization’s DNA, from decisions made in the boardroom down to the way service teams interact with customers and how you input and store data in your human capital management platform.   Much of the focus around GDPR has been on the cost organizations will incur if their data ends up in the wrong hands, but it’s worth remembering that above all else the law requires them to show they have the people, processes and technologies in place to protect their information. By following these simple steps organizations can put themselves in a better position to take control of their data.   Find out more on how Oracle security solutions can help support your response to GDPR.

Written By: Alessandro Vallega, Security Business Development Director, Oracle EMEA General Data Protection Regulation (GDPR) may be just around the corner, but it’s not too late to take control of...

Customer Stories

How AutoZone Jumpstarted its HCM Transformation

Let’s face it. No industry is immune to the talent shortage. The need for top talent is especially acute in retail where stores rely on frontline associates to deliver the very best service. AutoZone, the largest retailer of auto replacement parts and accessories in the U.S., is no exception. It takes customer service so seriously, its employees start each morning with their pledge, AutoZoners always put customers first! and are rewarded for going the ‘Extra Mile’. So it’s no surprise that when AutoZone began looking to transform its Human Capital Management (HCM) system, its team began with the customer in mind. Team members from the store support center (corporate) and store operations wanted a modernized, streamlined solution that would enable them to hire the best people and then empower these recruits to focus on serving the customer. They also needed a solution that could scale rapidly to achieve the aggressive growth target of doubling revenue to $20 billion in the next five to 10 years. As Oracle PeopleSoft customers, AutoZone team members were concerned about what would happen to the customizations they had put in place. Would a cloud solution be able to handle their unique business requirements and give them the recruiting and hiring agility they need to stay ahead? Through partnering with Oracle and Hitachi Consulting, AutoZone created a phased roadmap for its transformation from PeopleSoft to Oracle HCM Cloud. The team just went live with Phase I: Talent Acquisition (Sourcing, Recruiting and Onboarding) and is seeing immediate benefits—with 93,000 completed job applications in the first 30 days (4X higher) and the mobile-friendly job application process taking only seven minutes (down from 20). Now, AutoZone is moving into Phase 2: Core HR, Payroll and Absence Management. Want to learn more about how AutoZone transformed their business? Join us for our May 9 Webinar at 1 PM ET to hear AutoZone’s Theresa LeDoux on a panel of experts with Hitachi Consulting and Oracle sharing key success factors for migrating HR and/or finance to the cloud. The panelists will help you review options for taking a phased approach or migrating all at once. Don’t miss this opportunity to jumpstart your own transformation. Register now

Let’s face it. No industry is immune to the talent shortage. The need for top talent is especially acute in retail where stores rely on frontline associates to deliver the very best service. AutoZone,...

Employee Engagement

How Oracle and the Golden State Warriors Empower Girls on the Run

The 2018 NBA Playoffs are here! It’s one of my favorite times of the year where I spend a lot more time in front of my TV than I probably should—watching and cheering on the Golden State Warriors! This year, the competition is more fierce than ever, as diehard fans can even see how their favorite NBA teams stack up with Oracle Analytics and data visualization tools. But the purpose of this blog isn’t to predict who will win or to promote our analytics solutions, it’s to highlight an area of work that often goes under appreciated in the professional world—volunteering. At Oracle, we have a whole team who dedicates their time to helping employees find ways to give back. I believe that it's participation like this that helps make work more human, something we encourage all of our Oracle HCM Cloud human resources customers to do!  Last month, I volunteered with the Golden State Warriors and several Oracle colleagues to host a basketball clinic for Girls on the Run. I didn’t know much about Girls on the Run before the event, but their mission statement resonated with me:   We believe that every girl can embrace who she is, can define who she wants to be, can rise to any challenge, can change the world. Can.             The basketball clinic was hosted at Oracle Arena, on the home court of the defending NBA champions. Shortly after arriving, I realized this was not going to be just a half-day of playing basketball with middle school girls, it was #BiggerThanBasketball. The energy and excitement of walking from the tunnel onto the court, was more than I’ve felt from watching several professional NBA games this year. The entire experience was electric, from the moment the girls ran from the player tunnel in their Warriors-Oracle branded attire to center court. The girls participated in passing, shooting, dribbling drills and got to hear WNBA legend Ruthie Bolton and NBA champion Kevon Looney deliver life lessons on what it takes to win in business and life. One of the quotes that stood out to me from Kevon was, “If you’re on time, you’re already late”. Every interaction, from meeting several new Oracle colleagues to running basketball drills with the girls, I was reminded of Oracle’s culture and commitment to winning. These were strong lessons that could not be learned in a traditional classroom or office setting.  Volunteer programs are a great way for your HR team to help boost your company's brand, attract top talent and increase employee engagement. Oracle HCM Cloud's My Volunteering can help your organization inspire people to take action and change the world. Reward employees through an official VTO program or with cool swag, create personalized volunteer recommendations and help facilitate team bonding—all while giving back to your local community.   What does your team do to help out your local community? Share with us on Twitter using #OracleHCM and you could be featured on our next blog about making work more human!

The 2018 NBA Playoffs are here! It’s one of my favorite times of the year where I spend a lot more time in front of my TV than I probably should—watching and cheering on the Golden State Warriors!...

5 of the Most Innovative Office Environments You've Ever Seen

Written by Pete Jaradeh Associate Product Marketing Manager, Oracle HCM Cloud     For many, your office is practically a second home, so it should come as no surprise that companies looking to attract and retain top talent are doing everything imaginable to make their work environments part of the attraction.   Repetitive employee turnover can be expensive and, while human resources often does their best, making a few office modifications can make a big difference for retention and morale. Not only that—establishing a more collaborative, creative and enjoyable culture can do wonders for workplace productivity and help promote healthy and happy employee relationships. It's amazing how important the physical environment of an office space can be.   "It’s no secret why our physical space matters: we all want to spend our workdays in environments that energize and inspire us. These types of workspaces help us feel more creative, engaged, and connected to the company we work for," explained Jacob Morgan, a keynote speaker at Oracle HCM World 2018.   We've compiled a list of 5 exceptional offices that range from modern and fun, to downright out-of-this-world. So without further ado, and in no particular order, here are our favorite, jaw-dropping locations.   CBRE – Sydney, Australia   As the world’s largest commercial real estate services company, CBRE manages more than 1.6 billion square feet of commercial space from over 450 offices worldwide—one of which managed to catch our eye. Located in the heart of Sydney, CBRE’s head Australian office is taking modern décor to the next level. The entire interior of their building is outfitted with patterned hardwood floors, curvy coves as well as thin glass and wooden walls, providing a sleek modern look. The various meeting rooms and work zones easily allow colleagues to collaborate with each other, increasing productivity, while simultaneously encouraging team work. In the center lies a beautifully crafted, LED-based lighting sculpture as well as a classy bar area, installed to help employees feel appreciated and at ease while creating a communal environment. If you’re interested in seeing more, take a look at Electro Light’s CBRE publication.     Ford Motors – Washington D.C.   Ford Motors may have been around since the 1900’s, but their new Washington D.C. based office is anything but old school. Designed by renowned architecture firm Wingate Hughes Architects, this government affairs-related complex attempts to pay homage to Ford and Lincoln’s iconic branding, as illustrated by the entrance’s three-dimensional floating, satin-finished Ford logo, accompanied by a Lincoln logo backdrop. It features a waiting area designed to resemble the seats from actual 1950’s Ford cars, known for their comfort and luxury, as well as a spacious conference room, aligning with the office’s minimalistic theme and helping to promote a more collaborative and supportive work environment. Ford underwent this dramatic transformation in hopes of not just emphasizing their commitment to the future but their employees as well, most of whom are sure to welcome the sleek and simplistic nature the new office has provided. Fujitsu – Sydney, Australia   In addition to CBRE, another organization’s offices are turning heads over in Sydney, Australia, and that organization is none other than Fujitsu. Architect Woods Bagot worked hand-in-hand with Fujitsu to commission their Oceania Headquarters and the results speak for themselves. Woods’ design incorporates integration and Japanese architecture principles in a way that makes every area of the office seem connected and soothing, helping promote collaboration and reducing stress amongst their staff. The design itself features graphic motif carpets, block-print patterned walls, timber cladding and traditional wooden furniture, all in an effort to solidify their brand and create a place employees truly enjoy being at.     XL Catlin – Wroclaw, Poland   XL Catlin’s offices are known around the globe for being stylish and attention-grabbing but one in particular stands above the rest: their Poland location. In order to make this ambitious location a reality, XL Catlin contracted The Design Group, a Polish architectural studio, to oversee the design process and bring some new ideas to the table. At first glance, you’ll immediately notice the black and white contrast enriched by thin, dark veneer paneling and ultra-bright, linear lighting, giving the inner area a modern and elegant feel. You’ll also be drawn to leafy green backdrops, eloquently placed behind meeting locations, providing employees with a sense of tranquility and, according to Harvard, proven to boost productivity. XL Catlin announced a major initiative to retain key staff members and talented individuals back in 2015 and their clear commitment to their office environments is definitely a step in the right direction. Hilton – McLean, Virginia   While not technically an office, in an effort to keep up with the latest trends, Hilton recently launched a communal space directly beneath their global headquarters, known to McLean inhabitants as “The Social.” The Social is roughly 10,000 square feet in total and features many amenities guests of their resorts are already familiar with. For example, the interior includes a wooden and marble reception area, an international food hall, privatized collaborative work areas and even a full-service Starbucks, adjacent to an outdoor terrace. Matthew W. Schuyler, CHRO at Hilton, stated that this recent overhaul relates directly to Hilton’s talent-based initiatives, commenting, “In sustaining our position as a Great Place to Work, these innovations are crucial in attracting the best local talent to our business.” Think your workspace brings extraordinary to another level? Let us know on Twitter using #OracleHCM and share images of your home away from home and potentially be featured on our next cool offices blog!  

Written by Pete Jaradeh Associate Product Marketing Manager, Oracle HCM Cloud     For many, your office is practically a second home, so it should come as no surprise that companies looking to attract...

Customer Stories

Moving to the Cloud: 10 Lessons Learned from XL Catlin Executive

So you want to move to the cloud? The decision has been made but you are laden with legacy systems that are heavily customized across the globe. Now you have to consider not only motivating your team to establish process, but also lay out a plan for change management. You know you can do this but sometimes wish you had a “phone a friend” button to push. Margaret Patrick, VP and IT Executive at XL Catlin, took stage at Oracle HCM World last month in Dallas, to share her team’s success story and lessons learned during their move to the cloud. One Company, One HR As business needs change, our customers look for one human capital management platform to consolidate multiple systems and processes and help move them (and their people) through major events like mergers and acquisitions.  XL was already on their human resources transformation journey to the cloud after choosing to implement Oracle’s HCM Cloud solution when they acquired Catlin in 2015, who came with a completely different HR system. This brought the XL Catlin team to a crucial decision point. “Our CEO, Michael McGavick, had a vision of an integrated company. One company, one HR. We decided to continue with the transformation and integrate HR processes and systems from both companies to support this guiding principle,” explained Margaret. In July 2015 the team rolled out Core HR, payroll, benefits, recruiting. By November 2015, manager and employee self service went live, performance manager, learning, onboarding, compensation, talent and succession planning all did as well. They branded their HR system, “myHR,” to give it a personal touch. Here are the ten lessons learned Margaret graciously shared with the Oracle HCM World audience last month.   10 Lessons Learned on XL Catlin’s Move to the Cloud   Training—The road to the cloud isn’t a short one. For some companies they can do it in a year, some it takes three. Margaret advises to establish a change management program from the start. People change, they move on, be ready.   Oracle team changes—People will move on from the Oracle side too. “If you’re not in discussions about buying, you have to work to keep the relationship going with your Oracle support team. We dipped a bit, but there is a renewed relationship now and it makes all the difference,” said Margaret. Pilot, pilot, pilot—Run new features by focus groups. Pick the greatest attractors and detractors internally. Get their input; it goes a long way when building out your HR system. Simplicity is key—Keep security model design simple and revisit often. Train people in security so you’re not just relying on one person who knows all of the info. Establish reporting duties—Address reporting early and dedicate resources from the beginning. Even when you’re just making configuration changes, identify a team (or person) dedicated to reporting.   Minimize data migration—Are you moving from an on-premise solution? You can keep in read only mode while you make your move. But, have a good think about what you actually need to move over. It’s okay to let go of the past sometimes! Follow best practices—Keep up to date with product changes. What was best in R8 (fancy Oracle lingo for product version) might be different in R13. Example: compensation. “Our first year, went really well. The next year with two companies, we probably gave too much emphasis to give every stakeholder every bit of compensation info. It was just too much information for them. It was so much so we had issues with system performance. Ask yourself, do you really need all of these calculations shown?”  Once you move on from project mode, you need contacts at Oracle. Develop network of champions—These people are needed inside and outside of HR. Once you are passed working with SI, develop internal champions in all regions and all the departments. Refresh that network often as teams change. Engage early and often—To keep tight integration, you want a master source for managing processes and systems that interfaces with other systems like helpdesk, real estate, payroll, etc. XL Caitlin haas about 60 integrations so even for small changes, engaging early was helpful.   Ensure strong team with extensive product knowledge—Have your team attend product update webinars and be part of the Oracle Cloud Customer Connect community where they can learn what’s new and best practices. So there you have it! 10 Lessons Learned from XL Catlin you now apply to your cloud planning for 2018. Check out the Cummins story to find more tips on your journey to the cloud. 

So you want to move to the cloud? The decision has been made but you are laden with legacy systems that are heavily customized across the globe. Now you have to consider not only motivating your team...

Employee Engagement

Constellation Video Series: Bridge the Productivity Gap

Recently, Holger Mueller of Constellation Research and Gretchen Alarcon, Oracle’s GVP of Product Strategy, got together for an illuminating series of six videos discussing Modern HR challenges—and the opportunities they present for HCM software. You can view the first video, “Bridge the Productivity Gap,” below, or read the transcript instead. Gretchen Alarcon: Welcome, Holger. Let's get right into it. We spend a lot of time talking with our customers about what's going on in their markets, and what we're hearing is that while technology is having a lot of innovation, organizations aren't seeing the resulting business productivity. Why do you think that is? Holger Mueller: It's really interesting. There's a gap between what technology can do and where business best practices are. And that's a huge challenge for enterprise, because they know they need to move faster. Enterprise exploration is the buzz word around that, right? What can enterprise do to move faster, to accelerate toward their goals. And employees experience that gap all the time because personal technology has kept up with that, in the way of being much more human to interact with because we can use speech to speak to at least our smartphones already, and to our PCs, potentially. So that's not happening in the workplace yet, and that gap is frustrating for employers, and it's important to fill that gap. Gretchen Alarcon: So what do you think organizations should do? What actions should they take if they want to really improve their organizational productivity? Holger Mueller: Well, they need to find ways to automate pieces of that, and the cool thing to do in these days is artificial intelligence, AI, which requires big data to measure everything behind there. And then find ways of automating things. A closer to home for a job professional is to find ways to find “where's the talent in my organization?” Because we now want to move faster, the people which help me the most to go faster are the ones which are already inside of my organization. And the worst thing that you can have is that you try to find a candidate from the outside, and you have good people inside who could do the job right away, right now. So you don't get them faster by hiring from the outside who's not that qualified. But when you hire from the outside, you have to bring them up to speed very quickly, so modern ways of learning are essential for that, and I coined the term of “Transboarding,” because there's so much talk of onboarding, but transfers will have to be onboarded as well. And the success of a transfer to onboard is even more important, because we expect them to be going right away. So get a talent depth chart, understand where the talent is in the organization, inside, outside of the organization. Transboarding to bring people faster in the places, coupled with modern learning to bring them up to speed even before they have to get that job. Gretchen Alarcon: Great, thank you. We'll be sharing the next video from the series, “Make Work More Human,” in the coming weeks. Visit oracle.com/HCM to learn more.

Recently, Holger Mueller of Constellation Research and Gretchen Alarcon, Oracle’s GVP of Product Strategy, got together for an illuminating series of six videos discussing Modern HR challenges—and the...

Customer Stories

Follow Your Guiding Principles to the Cloud: A Cloud Transformation Story with Mary Kay

For more than 55 years, Mary Kay has inspired women to achieve their entrepreneurial goals in nearly 40 countries. It’s no wonder Chief People Officer Melinda Foster Sellers has had 25 years of Mary Kay success herself. With a supporting cast and some incredible corporate values, it seems the sky’s the limit over at Mary Kay. You can imagine that a global company with a large gig economy might need a robust system to help them attract and retain talent. Before Oracle HCM Cloud, Mary Kay was using outdated on-premises HRMS solutions. Like many of our customers, they were looking to modernize their workforce, attract new talent, and lower their total cost of ownership. Additionally, their employees lacked an easy-to-use, mobile experience—something Melinda saw as a necessity. Melinda and her team are currently in the middle of their move to the cloud and took the stage at Oracle HCM World 2018 to share their learnings thus far:   “I knew this transformation would be challenging, especially from a change management perspective,” said Melinda. “My goal, belief, and hope is that people will be excited.” 8 Tips on Moving to the Cloud from Melinda Get buy in from the entire C-suite, not just HR executives. Establish your guiding principles and stay close to them. Post your guiding principles on the walls, so they are top of mind for employees. Treat your employees as customers, and get them excited from the start. Think about the different personas in your org. Map out their day-in-the-life. How many clicks does it take to get something done? Can they move from desktop to mobile and back again with ease? Make things simple. Avoid your old customizations and strive for simplicity. Consider your gig economy. Mary Kay employees are all over the world and include all types, from corporate employees to the manufacturers that build their products. Remote employees all have smartphones and should be able to use their mobile device for all self-service transactions. Get legal involved now. Partner with your legal team; they will help you make the right decisions, especially around global compliance disparities. What’s next for Mary Kay in their journey to the cloud? “We are still in the process of this move, but I want to see an increase in HR’s value add to the company instead of being a team focused on administrative tasks,” explained Melinda. “It might be challenging to get used to all of this change, but we have to do it.” With global compliancy to consider, Melinda has to look beyond U.S. regulations: “Outside of the U.S., China is our largest business. They are currently PeopleSoft users, so we have to consider that transition. Europe has strict data compliancy laws we have to work through and make sure their privacy is prioritized. Where is it stored? Who has access?” Mary Kay has already seen a shift in their team’s efficiency, with 80% of transactions being completely self-service now. For approvals, such as those for pay raises, Melinda is hoping that 90% of them will only require one level of manager approvals very soon. Whether you’re halfway through your move to the cloud or just considering it, we hope these tips will help get you started. If you get frustrated during the process grab your favorite Mary Kay lipstick, slap it on, and tell yourself, “I got this.” What are your learnings from moving to the cloud? Share with us on Twitter! Use #OracleHCM to jump into the conversation.  

For more than 55 years, Mary Kay has inspired women to achieve their entrepreneurial goals in nearly 40 countries. It’s no wonder Chief People Officer Melinda Foster Sellers has had 25 years of Mary...


Visit COLLABORATE 18 for the Latest on Oracle HCM Cloud

By Wincy Ip As Oracle's Cloud solutions continue to expand across SaaS, IaaS, and PaaS, customers are eagerly evaluating how these offerings can help transform how they run their businesses. Whether users are looking to modernize their business and optimize with new cloud investments, integrate and extend an existing hybrid environment with on-premise systems, or build a personalized path to the cloud, COLLABORATE is the annual Oracle user conference where attendees can learn how they can accelerate business innovation and digital transformation with Oracle Cloud. This year's program at COLLABORATE, nearly 50% of the 1,200+ sessions will focus on cloud, developer, and emerging technologies to complement Oracle's on-premise solutions. Here's a preview of some of the education available at COLLABORATE. In the Oracle keynote session on Monday, April 23 at 2:30 p.m., Steve Daheb, Senior Vice President for Oracle Cloud, will illuminate how the Oracle Cloud Platform makes it possible for organizations to develop their own unique path to cloud from wherever they choose—SaaS, PaaS, or IaaS—and share how organizations have designed their unique journeys. With the introduction of the world's first-ever autonomous database, COLLABORATE attendees will also hear about the exciting developments and get a sneak peek on the Oracle Autonomous Database Cloud, and how Oracle is integrating AI and machine learning to its suite of cloud services to make them fully autonomous and cognitive. These sessions will explore how organizations can benefit from more autonomy in their software, from business users to app developers to DBAs. Additionally, there are more than 500 sessions available that span across Oracle's SaaS, IaaS, and PaaS solutions where attendees can learn how Oracle's cloud offerings can accelerate business transformation, increase agility, and optimize security with their existing solutions. There is also an HCM Cloud track for Oracle HCM customers with nearly 70 sessions available. Here are just some of the education opportunities you don’t want to miss out on: Your Journey to Cloud with Choice and Control [Session ID: 109730] Move Your Oracle Workloads to Oracle Cloud: No Pain, Lots of Gain [Session ID: 109430] Oracle Cloud Infrastructure - The Best of On-Premises and Cloud in a Single Infrastructure Solution [Session ID: 112020] Advanced Architectures for Deploying Oracle Applications on Oracle Cloud Infrastructure [Session ID: 107820] Extend and Enhance ERP and Supply Chain with Oracle Cloud Platform [Session ID: 104320] Bitcoin Tech: How Blockchain Helps Extend Boundaries for Enterprise Applications and SaaS [Session ID: 104340] The Next Big Things: AI, Machine Learning, Chatbots, IOT, and Blockchain [Session ID: 110080] HCM Cloud 2018 and Beyond: Strategy and Roadmap [Session ID: 111560] Making the Mojo: UX Extensibility in Oracle HCM Cloud Release 13 [Session ID: 111660] Corporate and Personal Protection in the Cloud [Session ID: 111540] Oracle HCM Cloud Executive Update [Session ID: 111600] Compelling Reasons to Move to HCM Cloud [Session ID: 111610] Evolving Your Evaluation Process in the New Age of Active Performance Management [Session ID: 111620] Thrive with Oracle Cloud Workforce Management [Session ID: 111630] Customer Success is Our Driving Force [Session ID: 111640] Evolving to the Oracle HCM Cloud [Session ID: 111650] How to Address Change & Become an Agent for Transformation [Session ID: 111680] Engaging the Multi-Generation Workforce & Making Room for the Selfie Generation [Session ID: 111690] COLLABORATE is the largest annual technology and applications forum for the Oracle user community in North America. Taking place on April 22-26 in Las Vegas, Nevada, and hosted by three Oracle user groups–IOUG, OAUG, and Quest International Users Group–the five-day conference will host more than 5,000 attendees in keynotes, sessions, workshops, networking events, and an exhibitor showcase with 200+ vendors. See what COLLABORATE 18 has to offer. You can also review the complete agenda and search by keyword, education track, product line, or business goal. Register at attendcollaborate.com by April 18 and save up to 25% from the onsite registration price.  

By Wincy Ip As Oracle's Cloud solutions continue to expand across SaaS, IaaS, and PaaS, customers are eagerly evaluating how these offerings can help transform how they run their businesses. Whether...

Focus on Talent

5 reasons you should move your recruiting and onboarding solutions to the cloud

The recruit-to-onboard stage can be a risky and costly process for many businesses. The search for new recruits, agency fees, interviewing, and onboarding all adds up, and even then, you’re not out of the woods. Since employee turnover can slow your business down, companies should reconfigure their recruiting and onboarding to be as efficient as possible. Oracle’s “Recruit to Onboard” can help you see exactly where savings could be made in your organization. Once you’ve prioritized the areas for improvement, a key first step will be moving your people management to the cloud. With cloud-based recruiting and onboarding solutions, the benefits aren’t limited to cost reduction. You’ll find a whole host of tools, resources and capabilities to improve employee engagement and retention for the long term. Here are 5 ways HCM in the cloud will improve your recruitment and onboarding: 1. Fast, integrated, insight-rich data From identifying and shortlisting the right candidates, to automated data entry at onboarding, to integration with other business functions, like Finance, the cloud gives you rapid access to the data you need, when you need it, and enables 360-degree visibility across the entire organization. 2. Improved, better informed decision-making With such rich data at your fingertips, you need the capability to identify and get the most from the insights locked inside it. Powerful analytics tools can help you spot skill gaps, recognize right-fit candidates and identify potential problems with churn. Reports are faster and more reliable, and decisions can be made with the confidence that they’re based on hard data, not gut feelings. 3. Higher employee engagement Chances are that your workforce comprises a wide range of individuals, from millennials who grew up with technology to remote workers who need to stay connected. That means digital collaboration tools are a fundamental requirement for engagement, and with cloud-based HCM, they come as standard. Personalized self-service facilities improve the experience further by giving your people control over their own data–with the added benefit this brings in terms of accuracy and currency of the data you hold. 4. Tighter security As your organization becomes increasingly data-driven and remote, “BYOD” becomes more prevalent, the protection of valuable employee data is paramount–both in terms of its security and privacy. A modern, cloud-based HCM platform provides the layered, end-to-end, up-to-date security you can rely on. 5. Future-focused technology With the continued advance of automation and AI capabilities, you can increasingly leave it to your cloud-based HCM platform to do the leg work for you–and do it intelligently. Filtering through large volumes of application data to find the best candidates is just one example. Add in machine learning to gradually improve the quality of people it selects, and you are increasingly free to focus on the bigger picture and make the strategic decisions that count. Benefits to you: let’s get specific So how can you calculate the real and specific benefits of moving your organization to a cloud-based HCM platform? Our Recruit to Onboard tool is a great starting point. Simply tap a few company stats into the calculator and you can work out the potential impact on your business in these 5 key recruitment targets: Reduce voluntary employee turnover Reduce employee replacement expenses Reduce time to hire Reduce outside recruiting costs Increase percentage of right hires You can provide as much or as little detail as you like, but of course the more you provide, the more accurate the results. Your personalized report will be accompanied by links to useful reading, videos, and infographics to help you build a convincing case. Test drive the Recruit to Onboard tool today.

The recruit-to-onboard stage can be a risky and costly process for many businesses. The search for new recruits, agency fees, interviewing, and onboarding all adds up, and even then, you’re not out of...

Customer Stories

HCM World 2018 Recap, Part 3: Meet Oracle HCM Cloud’s 2018 Rubies Awards Winners

“It is expensive to be mediocre in this world.” - J. Irwin Miller, former CEO of Cummins, a quote shared by Rubies award winner Fabio Fukuda of Cummins during his keynote This year’s Oracle HCM World was chock full of companies pushing boundaries to accelerate their workforce into the future. It is clear that many of today’s HR leaders are not stopping at mediocrity. To celebrate the success organizations are achieving by modernizing HR processes in the cloud, Oracle announced the winners of the Oracle HCM Cloud Rubies Award in Dallas last week. The awards recognize HR professionals who are using Oracle Human Capital Management (HCM) Cloud to elevate the employee experience and future proof their business. The 2018 winners include Caesars Entertainment Corporation, Creighton University, Cummins Inc., Emerson, Macy’s, NSF International, and PTC. “The Oracle HCM Cloud Rubies Awards recognize HR professionals that have successfully transformed the HR function and related business processes,” said Emily He, Senior Vice President, HCM Cloud Business Group, Oracle. “This year’s winners truly are industry pioneers who have fully leveraged Oracle HCM Cloud solutions to enhance employee engagement and deliver outstanding results.” Meet our 2018 Oracle HCM Rubies Awards winners! Game Changer Award Recognizes teams that did something unique with Oracle HCM Cloud and took their HR function out of the dark ages of manual processes and out-of-date technology. Macy’s—Terri Brown, Vice President, HR Technology Happily Ever After Award Recognizes businesses that relied on Oracle HCM Cloud during a major merger or acquisition. NSF International—Wayne Overla, HRIS Manager Talent Show Award Recognizes teams that leverage Oracle HCM Cloud’s recommended jobs and workforce visibility features to drive internal mobility and retention Cummins—Mike Whitesell, HRIS Manager, Integrated Talent Management Time Is On My Side Award Recognizes organizations that use Oracle HCM Cloud to dramatically reduce their time to hire. Emerson—Jim Rhodes, Vice President, HRIS It’s All In The Numbers Award Recognizes an organization that is using Oracle HCM Cloud analytics to improve talent management and retention. Cummins—Fabio Fukuda, Director, Global HRIS and Business Intelligence Dynamic Duo Award Recognizes teams who have experienced exceptional results using a combination of the different Oracle Cloud solutions together. Caesars Entertainment—Michael O’Brien, Vice President, Corporate HR Services Keep it in the Family Award Recognizes teams that use Oracle HCM Cloud to retain the very best talent. Creighton University—Molly Billings, Senior Director, Human Resources Express Lane Award Recognizes companies that have started to reap the rewards of Oracle HCM Cloud in the shortest time possible. PTC—Kathy Cullen-Cote, Corporate Vice President, Human Resources Our Rubies Awards winners aren’t just implementing technology and updating HR processes—they are changing the ways we work to be more enjoyable, more supportive, and smarter. Congratulations to our Rubies Awards winners! Your creative thinking, innovative ideas, and fearless leadership has truly paid off. To read more about our winners, visit our Rubies Awards site here and be sure to jump on the nomination process in early 2019. Join us in congratulating our winners on Twitter using #OracleHCM and #HCMRubies18.

“It is expensive to be mediocre in this world.” - J. Irwin Miller, former CEO of Cummins, a quote shared by Rubies award winner Fabio Fukuda of Cummins during his keynote This year’s Oracle HCM World wa...

Employee Engagement

HCM World 2018 Recap, Part 2: Tools and Strategies for the Future of HR

With customers, partners, and HR luminaries coming from all over the globe to congregate and strategize, it's no wonder that last week's HCM World conference was such an enlightening event. The perfect weather in Dallas provided an appropriate backdrop to a series of thought-provoking sessions that spanned new product functionality, emerging trends, and everything in between.  New challenges and opportunities HCM World 2018 kicked off in fine fashion with a keynote from Oracle's HCM evangelist Cara Capretta, who walked us through the latest insights from PwC, Gartner, and more. Most compelling, judging from the audience reaction, was her discussion on shifting from "PTB to EI," or from "pleasing the boss to employee intimacy." This focus is far more valuable, Cara asserted, than the perpetual talk of reaching millennials—whose differing expectations have not been confirmed by statistical research. Next up was "futurist" and author Jacob Morgan, who guided us through the evolution of the employee experience, from the days when candidates were lining up in droves for any job posting, to the current pervasive struggle for engagement. During an enlightening section on how only 6% of employers provide an "amazing" employee experience, he reminded the crowd of HR professionals of an important paradigm shift. "Engagement is not the cause," Morgan said. "It's the result of something." Walking the walk Attendees seemed to relish the HR-dedicated content throughout the three-day event, maximizing the chance to start systemizing new strategies, rather than only discussing them.  A packed Baker Tilly session, "Meaningful HR Metrics: Overcome the Hurdles to Manage and Extract Value," used an Indiana Jones theme to explore what's needed for companies to move beyond "basic static and compliance reporting," something 44% of companies do, according to a survey. Establishing a new "data steward" role, as well as leaving a "transactional" mindset are key. "The spectrum has grown tremendously in terms of expectation," said Jeffrey Haynes, citing the growing use of analytics similar to Google search and FICO credit scoring. Naturally, audience members were primed to visit the Hands-On Lab area, which saw a steady flow of traffic throughout the week. For the first time, participants could use iPhones in addition to iPads to play around with the latest product features, including Oracle Recruiting Cloud's External Candidate Experience and New Hire Onboarding. "Hands on" took on a literal meeting for one of the most fun sessions of HCM World, "Beam Me Up, Scotty: Augmented Reality in Oracle HCM," hosted by senior UX manager Lulit Bezuayehu. The interactive session was packed full of attendees, who sat at small tables for group collaboration to experiment with "augmented reality," which has been used to great effect by Snapchat, IKEA, and Pokemon Go. At such a high-tech event, people loved creating objects for digital overlay, and merging the physical and virtual worlds.  A focus on industry-specific issues In addition to deep dives on compliance and other issues affecting HR departments, HCM World 2018 provided many vertical-specific sessions to address some singular industry challenges. On Day 3, VP of transformation Joseph Clay presented "The Modern Campus: Challenges and  Opportunities for Human Capital Leaders," in which he outlined steps that can be taken by higher education institutions to better navigate the fickle budgets and change management challenges. Clay cautioned that service delivery and user experience are no longer open for debate in this sector. "It's not just your ability to compile information," he said," it's also about your ability to get it into the hands of those who need it."   Disengagement is one problem that all industries can relate to, yet author Andrew Sherman saw the upside of nearly 70% of today’s employees not being engaged at work.  "This is an incredible opportunity for HR professionals," he told the attentive audience. "This is your time to shine." Most interesting was his citation of a University of Maryland study that confirmed "mattering" increases in importance for people as they age. Christmas bonuses, free bagel Fridays, and other "1990s thinking" won't help you. For more information on the latest Oracle HCM Cloud functionality, visit our product update page.

With customers, partners, and HR luminaries coming from all over the globe to congregate and strategize, it's no wonder that last week's HCM Worldconference was such an enlightening event. The perfect...


HCM World 2018 Recap, Part 1: What the Press Is Saying

Another HCM World is in the books, and surely attendees are pondering how the best strategies from breakout sessions can be applied to their own HR departments. This year's conference—held last week in beautiful downtown Dallas—was a particularly exciting one since it coincided with an extensive Spring product update designed to help companies "make work more human." More detailed coverage of HCM World 2018 will be posted throughout the week, but to start, here are thoughts from just a few publications. Judging from these initial reactions, 2018 will be a very good year for HCM Cloud customers: "The company added a 'news feed' styled interface pushing AI capabilities, specifically targeted at professional and hiring enhancement. The news feed approach is clearly a dramatic alteration for the company; it will deploy machine learning to garner data insights and other key details. Important analytics are displayed and updated immediately - with smarter search functionalities, and a more consistent user experience." —HR Technologist "To make work smarter, Oracle has optimized its AI and machine-learning capabilities to assist HR professionals (and candidates) from recruiting through onboarding. One feature seeks to help reduce the time that’s needed to fill empty positions by highlighting the “best-fit candidate” and proactively sourcing both candidates and employees who should be invited to apply." —HR Executive "The common element to these tools appears to be an almost 'quiet' integration of AI into many tools commonly used by both employees and HR. This fits with what Gretchen Alarcon, Oracle’s group vice president for HCM product strategy, told the HCM Technology Report in an interview conducted before this week’s Oracle HCM World. While noting that AI is 'in the buzzword stage,' she noted that Oracle 'has had elements of machine learning in our system for four years. We’ve put it in where it made sense.'” —HCM Technology Report "Another Oracle HCM cloud user, Radu Ivascu, said he has seen a lot of improvement by Oracle in the consistency of HCM forms across various platforms. 'The more consistent they are, the more efficiently a user can perform their job,' said Ivascu, an HRIS adviser at the American Bureau of Shipping, a global classification firm based in Houston that develops safety and design standards for ships and other marine structures." —SearchHRSoftware "Machine learning is also being applied to performance manage to ensure that employees are getting all the feedback they need to succeed. New performance 'check-in' capabilities ensure that coaching and feedback are aligned to goals, and a 'self-driving' promotion process helps employees reach objectives by providing proactive alerts. The features build up an 'anytime feedback' concept that was added to the product several years also to provide a means for supervisors to give employees unstructured feedback at any time. That capability is being extended with a more rigorous check-in process that includes such factors as ratings and responses to questionnaires." —SiliconANGLE What did you and your team think about the event and product updates? Let's discuss in the comment section below! For more information, please visit the Oracle Newsroom.

Another HCM World is in the books, and surely attendees are pondering how the best strategies from breakout sessions can be applied to their own HR departments. This year's conference—held last week...

Employee Engagement

Top 3 Questions to Consider for Your Career Site

By Pete Jaradeh Your career site is the face of your company to candidates. A great candidate experience will determine whether or not they click that “apply” button in the end. So when it comes to enticing top talent and filling openings fast, how do you know if your website is meeting expectations? Here are 3 important questions to consider in delivering a candidate-centric experience. What’s Your Employment Brand Story? Chances are, your future employees are not only shopping for the right career fit but also for a great place to work. And in a competitive job market, applicants may have ample career options to choose from. So how well your career site educates the candidate about your company can be critical in competing for top talent. To do this, try to find creative ways to incorporate your culture, values and personality right into your employment offerings and your overall message. Focus on accurately communicating who you are and what you stand for, showcasing your brand in a visual manner and promoting the positive aspects associated with your establishment. Are you committed to redefining industry standards? State that. Want to give people a look inside your business? Put together a video. Do your employees appreciate the social activity calendar such as your after-hours wine and cheese events? Talk about it. Bryan Chaney, Talent and Employer Branding Specialist, states, “Highlighting differentiators like culture, benefits and events on your career site and other inbound channels will attract great potential people who are passionate about finding the right fit.” Take a look at our budget-friendly ways to boost your brand for some more easy and affordable brand recommendations. What’s Your Candidate Experience Like? Convenience is key to enhancing and optimizing the candidate experience and there’s nothing more convenient than getting what you want fast. One easy way to provide convenience is through the use of filters and search capabilities. As long as your available positions are tagged and categorized accordingly, filters quickly assist job seekers in finding openings of relevance, dramatically improving their chances of finding a relevant opportunity. Combine this with built-in, algorithmic search functions and you’ve got two great methods for helping users rapidly identify specific titles or positions of interest. Simplicity is also key. Give candidates the opportunity to start the job application on their desktop, or in the comfort of their own home and allow them to finish the application on a lunch-break, a commute ride home or even over the weekend. A study conducted by recruitment technology company Jibe found that one-in-five candidates would abandon a job application entirely if wasn’t optimized for smartphone use, and this figure continues to rise. Can you afford to miss out on 20% of the applicant community? More information on the importance of a mobile-friendly career site can be found here. How Do You Keep In Touch? As an applicant, nothing is more frustrating than applying for a job and not hearing a word back. In fact, the same Jibe study referenced above found that 44% of job seekers would be deterred from completing a companies’ online application if they knew that they couldn’t confirm their status as an applicant. That’s nearly every other person! Organizations that understand the importance of candidate communication are capitalizing on this recruiting trend in several ways. First, some companies are making this practice mandatory amongst their recruiters and, more often than not, equipping them with fill-in-the-blank templates and canned responses to make things easier. Other companies are using software automation that triggers email correspondence by a specific event or criteria, such as when an application is received, when an interview has been booked or when another candidate has been selected. Read more about automation’s expected impact in 2018 by visiting our blog. The most essential and valuable asset for your business is your employees, and when it comes to attracting top talent, there’s no tool at your disposal more powerful than your career site. I strongly urge you to take a look at your companies’ website and perform a thorough analysis, ensuring that you’ve emphasized major components of your organizational story, provided your candidates with an optimal experience and are capable of delivering periodic updates to applicants throughout the process. Check out the Taleo Business Edition Homepage to see exactly how easy it can be to revamp your career site and get people applying.

By Pete Jaradeh Your career site is the face of your company to candidates. A great candidate experience will determine whether or not they click that “apply” button in the end. So when it comes to...

Focus on Talent

Key Feature of Talent Acquisition for Midsize: Investment in Modern Talent

By Pete Jaradeh Technology is constantly redefining the talent industry. As more and more HR leaders try different solutions for their sourcing, recruiting and onboarding needs, vendors are responding by rolling out a variety of point-solution application tracking system (ATS) solutions designed to streamline parts of the hiring process and alleviate their client’s headaches. Considering how prevalent sourcing and recruiting are for organizations directly after the start of the year, we thought it best to highlight some of the more recent and more prominent features of Oracle Talent Acquisition for Midsize – formerly known as Taleo Business Edition. Check out the list below to ensure your solution includes the advantages of all these great features. The Career Center The Talent Acquisition for Midsize candidate experience has always been a differentiator for our clientele, but in recent years, this has become more important in an increasingly competitive, low unemployment talent market. Naturally, the majority of niche ATS are positioned as a panacea for talent shortages, but often provide a one-size-fits-all offering for rapid deployment and cost savings purposes. This may seem convenient at first, but can quickly become a growth-limiting problem as your company continues to expand and requires a more functionality and flexibility. This is why we offer a plethora of features to help our clients create an engaging and efficient candidate experience, such as automated pre-screening questions, source and referral tracking, template and theme-driven career page design, mobile-responsive UI and the ability to grow into more complex requirements, like multiple career sites or a two-step application process. These kinds of capabilities may not seem essential at first, but over time, could be the difference between quickly adapting to meet growth needs, or being forced to evaluate another vendor when you discover the limitations of your current system.  Early implementation with an eye on being able to respond to dynamic business requirements will save you time and money in the long run. The Talent Center The Talent Center is Talent Acquisition for Midsize’s employee self-service portal, allowing access to employee data, forms and onboarding tasks. Similar to the Career Center, the Talent Center is a modern, engaging portal that can be easily configured to meet the needs and preferences of different end-user groups; typically, new hire employees and hiring managers. As a hiring manager, you’re provided with a comprehensive and secure overview of recruiting activities for your open jobs, including requisitions, resumes, candidate contact information, application status, as well as the ability to view and take action on Requisition and Offer approvals – and it can all be configured to meet your business needs. Additionally, considering how prevalent mobile-use has become, the entire Talent Center is designed with a mobile-responsive interface that doesn’t require a dedicated smartphone app for functionality, so you can always stay connected on-the-go, no matter what device you’re using. Fast and Inexpensive Go-Live One of the biggest value drivers of Talent Acquisition for Midsize has been and continues to be a cost-effective, efficient, and personalized go-live process.  Many customers are up and running in just 6-8 weeks, including configuring the candidate site design, workflow and organizational setup, custom fields and reports, all designed to deliver a fully tailored product experience.  While some vendors claim to have “free” or included implementation, typically this refers to a set of basic deliverables with little room to adapt to your needs.  In fact, if a new report or configuration change is needed, it may incur unexpected costs over the duration of your contract.  This is never the case with Talent Acquisition for Midsize, where the power to change, respond and adapt is always in your hands. Oracle’s Talent Acquisition for Midsize is designed for organizations that need proven methods for driving real world success. It features modernized and powerful capabilities for attracting, hiring and retaining well-qualified employees, including recruitment marketing, employee referrals, social job marketing, interview and offer management tools and automated onboarding. And it’s being utilized by 4000+ businesses across the globe on a daily basis. For more information on Oracle Talent Acquisition for Midsize updates and enhancements, please visit the Talent Acquisition for Midsize Release Readiness Homepage.

By Pete Jaradeh Technology is constantly redefining the talent industry. As more and more HR leaders try different solutions for their sourcing, recruiting and onboarding needs, vendors are responding...


Spring Update of Oracle HCM Cloud Aims to 'Make Work More Human'

  Amid all the economic banter about taxes, regulations, and national debt levels, the underlying reason for stalled productivity growth worldwide comes down to one main factor: Companies aren’t getting the most from their people. Why is that? Employees in this day and age often are disconnected from business goals. They must deal with rigid, cumbersome work processes. And they’re forever being asked to shift gears amid the torrent of business changes. Meanwhile, the tech tools people use at work, some of them leveraging advanced technologies such as artificial intelligence and the Internet of Things, haven’t kept up with the ones people use in their personal lives. Most employees still don’t have the data-based insights they need to make impactful decisions. And in general they don’t have the support they need to be successful. There’s no silver bullet, of course. But with the end goal of enhancing employee engagement and organizational productivity, Oracle—in its 2018 Spring Update of Oracle Human Capital Management Cloud—focused on making work “more human.” Key innovations, to be discussed during the afternoon keynote session at Oracle HCM World in Dallas on March 21, are in three primary areas: make work more enjoyable, smarter, and more supportive.   1. Help Make Work More Enjoyable In terms of helping make work interactions more enjoyable—or at least not as intimidating—Oracle started with a new design of the Oracle HCM Cloud web pages. An example is the new home page that every employee, manager, executive, and HR pro logs onto to start his or her day. Oracle simplified the navigation of that page, giving it a newsfeed style. As such, the home page makes it easier for users to: Find what they need, with simplified search. Know what they need to do right away, through notifications. Take quick actions, through the simplified navigation. Personalize regular and priority tasks, such as approving expense reports, reassigning directs, and managing team compensation. Finish HR tasks where they left off.    Stay in-the-know broadly, through the News and Announcements section. Inform their recruitment, hiring, promotion, and other decisions, through an analytics dashboard. Oracle HCM Cloud’s responsive mobile design provides a consistent user experience across multiple devices. One key is the mobile-enablement of the cloud application’s goals and anytime feedback capabilities, encouraging employees to have continuous performance conversations with their reports and/or managers. Managers on the go can, for instance, create and update simple documents for regular one-on-one check-in meetings with their reports. 2. Work Smarter Here, the Spring Update to Oracle HCM Cloud delivers innovations in three main areas: a new, data-driven recruiting/hiring experience, smart onboarding of new hires, and a “self-driving” promotion process. Instead of requiring job candidates to seek employment information, Oracle HCM Cloud helps hiring managers engage candidates when they need to take action or become aware of updates. Candidates also have the option of engaging employers through a digital assistant.  “The candidate’s experience is that the job found me, not that I found the job,” says Gretchen Alarcon, Oracle group vice president of product strategy. The Spring Update of Oracle HCM Cloud also uses machine learning algorithms to recommend best-fit job candidates. It augments selection, interview, and offer data with other HR data to identify candidates similar to those who have succeeded in related roles. Choices are limited based on business rules. A new candidate onboarding feature in Oracle HCM Cloud helps employees complete pre- and new-hire activities while providing visibility to HR and employee managers. The update also enhances the promotion process, letting managers select up front what they want to include in the process—for example, whether to include a salary change or re-assign other direct reports—so that the process becomes “self driving.” The system automatically populates a list of values and limits choices. 3. Create a More Supportive Workplace The Spring Update of Oracle HCM Cloud includes HR Help Desk in the Cloud, letting HR managers access a robust knowledge base to get answers quickly to their most pressing questions. Workforce Health and Safety Incident Management helps reduce health and safety incidents to provide a safer workplace and support compliance with regulations. The suite’s Advanced HCM Controls Cloud service strengthens security and data privacy by detecting anomalies. It’s designed to help stop unauthorized access to sensitive HR data, manage exceptions and policy violations, and access security dashboards to lower the cost of regulatory compliance. For more information, please visit oracle.com/hcm-update.

  Amid all the economic banter about taxes, regulations, and national debt levels, the underlying reason for stalled productivity growth worldwide comes down to one main factor: Companies aren’t...


Transition to Future of Work with Multi-Dimensional Digital HR Transformation

By Sriram Ramanujam & Ananth Viswanathan, Oracle Consulting at Cognizant Technology Solutions TGIF! It has been commonly observed that the HR business function, regardless of the size of the organization, has always been a relatively early adopter of innovations on the process or technology front. The term “Digital HR” carries different meanings for different organizations, based on the milestone reached in their digital adoption journey. Moving to an HCM package was referred to as digitization a decade ago, transforming to cloud used to be digital adoption a couple of years ago, and now we believe Digital HR Transformation means creation of a Digital Enterprise which caters to the Future of Work by deploying a Digital Workforce enabled by a Digital Workplace.  The Digital HR enterprise is a harbinger of change in the global business environment and may be defined as an encapsulation of Cloud Enterprise (SaaS, PaaS, BPaaS), Cognitive Enterprise (Conversational UX, Intelligent Apps, Advance Analytics), and Connected Enterprise (Digital Integration, IoT, Blockchain). Digital Workforce comprises a multi-generational, digitally and socially connected, tech-savvy workforce creating a compelling focus on employee experience.  Digital Workplace is the inevitable shift to next-gen technologies encompassing Cloud, Mobility, Robotic Process Automation, Conversational AI, Machine Learning, Analytics and Insights, Gamification, and IoT, all of which are the building blocks for enhancing employee experience. Every organization working in a highly competitive market is required to redraw their focus towards Employee Experience to maximize productivity. With the increased market focus on HR transformation engagements and with organizations on fast track mode to take employee experience to extraordinary levels, HCM package vendors have their tasks clearly defined–to offer more than just a cloud package and ASAP. The war for talent is on a hyperbolic path where a positive and intuitive employee experience is considered critical for any package and it begins from one’s first point of access to an organization - as an aspiring job candidate even before joining a company.  In addition to the established HCM package vendors, there are a variety of point solutions catering to each business process within the HCM domain. In this highly competitive market, Oracle has been marching steadily toward remaining an HCM package leader covering all dimensions of a Cloud, Cognitive and Connected solutions. While consolidating its position with standard cloud offerings such as Global HR, Talent Management, Rewards, Workforce Management, Work Life Solutions, and Analytics, Oracle has made the right investments towards providing a robust platform for building Chatbots, advanced AI, Analytics and IoT solutions on top of HCM to upgrade user experience. Oracle has already built adaptive intelligence into the recruiting cloud enabling hiring managers for better decision making and chatbots for easier candidate engagement. The company has also entered into a strategic partnership with UiPath to ensure the Robotic Process Automation (RPA) space is packed with best of breed solutions. At Cognizant, we have built our own brand as a leading Oracle Cloud SaaS Partner by winning the prestigious Oracle Specialized Partner Award four consecutive times. We have partnered with our customers for several cloud transformations and our solutions time and again prove to be the best. We are further extending our vision to create customer delight leveraging Oracle and best of breed platforms to build custom next-gen technology solutions as a seamless add-on to HCM packages, in order to drive a holistic digital transformation integrating key building blocks to enhance employee experience.                     We are keen to engage with customers who are willing to look beyond cloud lift and shift in their digital transformation journey and explore the usage of technology offerings to enhance their employee experience.  Typically, we start with a Digital HR Maturity study to understand the organization’s HR business process and present our recommendations on the possible level of HR process automation, detailing the building of systems that can Do, Think, Learn and beyond. Friday–isn’t it a cool name?–is our Virtual HR Assistant who can assist in variety of activities in the employee’s journey within an organization, including helping them as candidates looking for a new position, enabling their on-boarding when they join, walking them through policies, managing their absence requests with minimal inputs, enrolling them for appropriate learning programs, help with performance check-ins, & so much more.   We understand that the level of automation and enrichment of employee experience varies across organizations. therefore, Friday is not built as a ‘one size fits all’, ready-to-deploy virtual assistant solution, but as our prototype to showcase different facets of enabling next-gen technologies and as a framework to build custom, automated solutions on Oracle and best of breed platforms for our customers. If you are keen to learn more about Friday and our Digital HR offerings, please do visit us at Oracle HCM World or mail us at osp_marketing@cognizant.com and we are sure you would say Thank God it’s “Friday”!!                                                                                                                                                                              

By Sriram Ramanujam & Ananth Viswanathan, Oracle Consulting at Cognizant Technology Solutions TGIF! It has been commonly observed that the HR business function, regardless of the size of the...

Future of Work

Celebrating the Union of Finance and HR

By Dee Houchen A special union was celebrated in London recently. Invited guests witnessed two partners ‘tie the knot’. Speeches praised the couple’s future partnership and prosperity. Special guests of the relationship were seated at a top table. A real-life vicar was on hand to preside over the union. And it all took place on Valentine’s Day. Love was definitely in the air. So what on earth was going on? This was ‘The Union of Finance and HR’, an interactive event that brought together senior Finance and HR professionals to debate why now, more than ever, Finance and HR need to collaborate across all aspects of corporate processes, reporting, systems, and strategy. Organised by Oracle and featuring expert speakers from Finance, HR, and business academia, the event celebrated how this unified relationship gives organisations the visibility to make faster, more informed decisions, adapt quickly to market opportunities, and grow. And the real-life vicar officiating over this unique union? That was TV broadcaster and vicar of a Northamptonshire village, Reverend Richard Coles. Opening proceedings, he commented, “Dearly beloved, we are gathered here today to witness the possible union of Finance and HR. You will be the arbiter of that as each of the disciplines sets out what they hope to achieve from this union.” Finance and HR collaboration brings fortune Finance was the first to argue the case for collaboration. Peter Simons is Head of the Future of Finance Research at CIMA, the world’s largest professional body of management accountants. He began by asking the audience to describe their Finance or HR counterpart in one word, via an interactive app. Words ranged from ‘collaborative’ and ‘good’, to ‘distant’ and ‘complicated’. “Organisations are increasingly congregating around similar operational processes, and in the future intangible factors – especially people – will separate success from failure,” Peter explained. “The challenge is to bring Finance and HR closer together. While there is a huge amount of mutual respect between both parties, it sometimes feels that one is from Mars, the other from Venus.” Peter also acknowledged that Finance has long been the dominant partner in the relationship – but that is changing. “Together both disciplines can be a powerful force. Look in any corporate financial report, for example, and what strikes you is the focus on diversity reporting, the gender pay gap, emoluments, and other people data. Those measures are all driven by data shared between Finance and HR.” Board decisions rest on HR analytics This theme was echoed by Andrea Eccles, Chief Executive of the City HR Association, a professional association for HR practitioners. “People metrics have a powerful impact on the balance sheet, profit and loss account, and corporate governance,” she said. “Boards and ExCos increasingly rely on HR for data to support business decision making. In terms of the annual report, data such as board emoluments or narratives such as diversity and inclusion targets are a key feature of UK - and wider - company reporting, whilst people related costs form a substantial part of the budget. Some HR analytics are also of interest externally and can influence investment decisions. These include a firm’s diversity strategy, their pension funding, labour relations, and the quality of leadership to name a few." People metrics can also enhance organisational performance. Citing joint research by Oracle and the CGMA, Andrea revealed that five of the nine key performance indicators (KPIs) that drive business performance are HR-related. These include employee productivity, employee engagement, talent sourcing and pipeline, the customer experience, and brand equity. Andrea validated this with a case study from the finance services front-line. “Metro Bank’s HR professionals are working with their Finance counterparts every day across a wide range of reporting, budgeting, and other fiscal processes. They also have a similar relationship with Risk and Compliance to optimise board decision-making,” she said. Andrea then presented results from City HR’s 2016 Benchmarking Survey, showing that 65% of organisations now have HR leaders on their board or executive committee. Ten years ago, that figure was only 37%. Some 80% of organisations within the survey also now believe the HR function is gaining greater internal prominence. Given that this ‘Union of Finance and HR’ event was taking place on Valentine’s Day, Andrea closed with some apt verse: “Roses are red / violets are blue / collaboration and technology will make us the dynamic duo.” Andrea has not applied to be the next Poet Laureate.   Breaking down barriers: share the love André Spicer, Professor of Organisational Behaviour at the Cass Business School, took an altogether different angle on unified Finance and HR collaboration. He firstly acknowledged that silos still exist between both sides, but this can be overcome. “Organisations need to take an active role in collaboration, for example by circulating new Finance recruits into HR and vice versa, or by forming cross-disciplinary teams to reduce the barriers to working together.” Drawing on the union and partnership theme, André also presented a series of behavioural factors that make a successful marriage – and how these can be translated into business. For example, partners (in marriage and business) need to learn to fight well. “Discord happens in every relationship, but when it does, take the steps to de-escalate it quickly,” said André. “Successful relationships also follow a 5:1 mantra – five successful interactions for one negative one. In business, focus on those positive interactions and become a support for other functions.” With that, the guests departed. The message they also took with them? Every business is intimately connected today. And no two back office functions are as connected as Finance and HR. With work from both sides, it can become the ultimate strategic partnership.

By Dee Houchen A special union was celebrated in London recently. Invited guests witnessed two partners ‘tie the knot’. Speeches praised the couple’s future partnership and prosperity. Special guests...

Future of Work

No Cash, No Bank Account, No Problem

Six interesting facts from a survey of Millennials & Gen Z on the future of worker pay By Jonathan Soffin, Sr. Director, Pay Card Product Marketing, ADP When it comes to recruiting and retaining the next generation of top talent, organizations have had to rethink their basic assumptions about what matters most to employees. A brand new national study from ADP, focused on generational views of work perceptions and preferences produced all sorts of interesting results. This was especially true when it came to Generation Z and Millennial workers and their attitudes about employment, self-esteem and pay. The 2017 ADP-sponsored study, “Paycards: generational trends shaping the future of worker pay,” focused on issues related to money and pay in general—and specifically about the use of paycards. The responses, however, revealed far deeper insights about how Millennial and Gen Z workers feel about employment, compensation and what it means to be rewarded, challenged and motivated at work. Here are six of the most interesting findings from the ADP report: Next gen workers take their jobs personally - Contrary to stereotypes, next generation workers embrace work as part of their identity and self-worth. According to the national study, 79% of all U.S. workers associate having a paying job with higher self-esteem. But this is even greater for Millennials, 85% of whom believe having a paying job is important or very important to their self-esteem. “Check, please” -  You might think that next gen workers would embrace digital forms of payment above all others. And you’d be wrong. Compared to older generations, Gen Z receives the bulk of their pay via paper check. The national study discovered that 79% of Gen Z has received their wages via paper check in the past year, compared to only 28% of Boomers. Moreover, 59% of Boomers have not received a paper check in over 5 years. The problem with paper checks is that they’re costing younger generations far more money than older generations to convert to cash. One in five Millennials and 43% of Gen Z have spent more than $5 to cash a paper check, compared to only 9% of Boomers who have spent that much. A cash-less generation - Speaking of cash, younger generations carry less of it with them than older generations. Only 23% of Gen Z feels comfortable carrying $100 in cash, compared with 41% of Boomers. This is further evidence for the increasing value of alternatives to cash, particularly for younger generations. No bank account, no problem - According to the survey, younger generations aren’t going digital when it comes to payment because they aren’t opening bank accounts. Not needing a bank account was one of the main benefits next generation workers cited for preferring paycards, with 47% of Millennial and Gen Z respondents indicating a paycard preference for that reason. Plastic Preferred - Preloaded payment cards are much more popular with younger generations than their older counterparts. The national study discovered that 47% of Millennials and 66% of Gen Z have used a pre-loaded payment card of some kind in the last 12 months. When participants were asked about their overall view of paycards for employment compensation, the same generational trend appeared. According to the study, 63% of Gen Z and 50% of Millennials responded that they would absolutely use a paycard or think paycards are a good option for certain circumstances. Freedom of choice matters - Having options about how wages are received is sometimes as important to workers as the job itself. Almost half of Gen Z (47%) and nearly a third of Millennials (31%) would turn down a job if they were unable to choose their method of pay. The fastest growing generations in the workforce have declared their preference for payment options, sending a strong message to employers and hiring managers. To learn more, attend ADP’s Session at Oracle HCM World! As a gold sponsor of the Oracle HCM World Conference (March 20-22 in Dallas), ADP will debut the findings from the nation-wide study of generational payment trends. See you at the session—or visit ADP in the exhibit hall at Booth HCM-03. Title: Paycards: Generational Trends Shaping the Future of Worker Pay Day/Time: Wednesday, Mar 21, 01:15 p.m. - 02:00 p.m. | Lone Star A2 Presented by: Jonathan Soffin, ADP Track:  HCM Innovation Details online at:  https://events.rainfocus.com/catalog/oracle/hcm18/hcm18catalog    

Six interesting facts from a survey of Millennials & Gen Z on the future of worker pay By Jonathan Soffin, Sr. Director, Pay Card Product Marketing, ADP When it comes to recruiting and retaining the...

Future of Work

Organizing for digital maturity: Why it matters, how to start

By Anthony Abbatiello, Sarah Vassy, and Nathaniel Paynter Digital disruption has been a true game-changer for organizations, taking many of them from a “survive and thrive” mentality to one of “evolve or die,” with companies like Blockbuster and Borders serving as well-known cautionary tales. The latest global research study by MIT Sloan Management Review and Deloitte Digital focuses on the race to digital maturity, which is proving to be a marathon rather than a sprint. The study reveals five key practices that distinguish more mature digital organizations, starting with making systemic changes in how they organize themselves. The most digitally mature organizations studied have moved beyond traditional hierarchical structures, understanding that they get in the way of agility. More than 70 percent of these mature organizations report being organized around cross-functional teams versus only 28 percent of companies at early stages of digital development. These mature organizations are also far less likely to report that their structures keep them from being able to effectively operate digitally.1 Organizational structure and digital maturity 2 Why teams? Moving to a team-based structure can help activate the digital organization in several ways: Breaks down functional silos to unite all parts of the organization in the effort to meet strategic and operational goals. Builds in agility, as teams can be quickly formed and disbanded to meet specific needs. Fosters an iterative environment, where ideas can quickly be tested and accepted, rejected, or evolved because mission-critical decisions are handled at the team level rather than having to progress through a lengthy decision-making hierarchy. Expands thinking and challenging the status quo as team members from different disciplines and parts of the organization share, reconcile, and build on their diverse perspectives. These qualities of team-based structures can mean organizations spend less time talking about doing digital business and more time being a digital business. Showing a commitment to digital can also come with a positive ripple effect: the tendency toward stronger employee “stickiness.” Our previous research into digital practices showed that employees are twice as likely to jump ship when their company is at the low end of digital maturity.3 Making the shift—understanding your digital DNA Organizing around cross-functional teams is both a characteristic of digital maturity and a by-product of it—a kind of virtuous circle in that digitally mature organizations increasingly use teams to get work done, and digital maturity inherently fosters a less hierarchical, more agile (team-based) way of operating. So how do you start the circle in motion? Activating digital in your organization starts with understanding its digital DNA—23 traits that our research has shown characterize digital maturity and “being digital.” Evaluating your organization against these DNA traits reveals strengths and gaps and helps prioritize the traits you want to invest in to become more digitally mature. Realize, though—and this is important—digital maturity is an ongoing journey. The MIT Sloan-Deloitte study specifically refers to the highest-maturity organization as “digitally maturing,” acknowledging that there’s no real endpoint marking arrival at full maturity. Even digitally native companies that have never operated any other way are still evolving their digital maturity. For example, Facebook (as well as Deloitte, for that matter) has looked at its own digital DNA and is using it as important input into its continued digital evolution. Making the shift—Leaders are critical Great leaders are necessary for any business to excel, and much of what makes leaders great doesn’t change in the digital organization. They still need to understand how to be collaborative, to inspire, and to make business decisions. But digital adds another dimension: the need for leaders to understand the changing context they lead in. While a traditional leader may need to build talent to grow in their depth of skills and capabilities, a leader in a digital context may have to develop talent to be more agile—able to rapidly prototype, market test, and refine products or concepts. Digital leaders may also have to influence a wider range of stakeholders, both within and outside the organization. They set the tone, they set the pace, they model the behaviors and vision, and the articulation of that vision, and get people to work together toward common goals. Building (or buying) these leaders should be a top priority of any organization striving for digital maturity—which, frankly, should be every organization! (For more context, see this series of posts by our colleague, Noah Rabinowitz, about transformational leaders.) There isn’t an organization we talk to that doesn’t have “becoming digital” as part of their strategy, recognizing that it’s necessary for the organization to achieve its goals. Formally (re)organizing around networked teams—or at least encouraging an environment that supports such teams—is an essential step toward digital maturity.   1 G. C. Kane, D. Palmer, A. N. Phillips, D. Kiron, and N. Buckley, “Achieving Digital Maturity,” MIT Sloan Management Review and Deloitte University Press, July 2017. 2 Ibid. 3 G. C. Kane, D. Palmer, A. N. Phillips, D. Kiron and N. Buckley, “Aligning the Organization for its Digital Future” MIT Sloan Management Review and Deloitte University Press, July 2016.   Anthony Abbatiello is a principal in Deloitte Consulting LLP’s Human Capital practice and is the leader of Deloitte’s Digital Human Capital business and the global leader of Deloitte Leadership. He specializes in digital organizations, leadership development, culture transformation, and digital HR strategy. Sarah Vassy is a senior manager in Deloitte Consulting LLP’s Human Capital practice, helping organizations identify and address people issues as part of implementing strategic programs and enterprise transformations. Nathaniel Paynter is a senior manager in Deloitte Consulting LLP’s Human Capital practice and deputy lead of its Digital Human Capital business, specializing in organization design. He serves clients across the consumer products industry and supports their transformation to being digital organizations.  

By Anthony Abbatiello, Sarah Vassy, and Nathaniel Paynter Digital disruption has been a true game-changer for organizations, taking many of them from a “survive and thrive” mentality to one of “evolve...

Customer Stories

Experience the Future of HR at Oracle HCM World

Oracle HCM World, March 20–22 in Dallas, is a thought leadership conference featuring inspirational speakers, over 80% customer-driven content, unparalleled networking opportunities, and 70+ sessions across seven distinct content tracks including Talent, Rewards, and Growth, All in the Numbers, and Core (HR) Strength. Attendees will hear real-world stories from peers who have implemented change, learn about Oracle’s HCM solution roadmap, talk with industry experts, and dive into the hottest HR topics. Everyone loves a good “best of” list, so we’ve compiled the Top Reasons to Attend Oracle HCM World 2018. Enjoy! 1. Transformation strategies: This event is designed specifically for professionals who want to transform their HR and talent practices and make their organization a place where people love to work. Want to learn about emerging technologies like artificial intelligence, virtual reality, and machine learning? This is the place. 2. Education: Arm yourself with knowledge. You’ll learn what the future of the industry holds and how Oracle’s solutions will prepare you for the changes to come. And you’ll get plenty of guidance on your cloud journey. Your career AND your company will benefit. 3. Networking: Collaborate with peers who share your passion for employee retention and engagement. HR is ultimately about people, and you’ll have plenty of opportunities to re-connect with old friends and make new acquaintances. 4. Compelling keynotes: You’ll be motivated and energized by Bill Allen, a senior executive with more than 20 years of experience as a Chief Human Resources Officer, Grace Bonney, founder of Design*Sponge, a website that reaches nearly 2 million readers per day, Fabio Fukuda, Director, Global HRIS, Business Intelligence and HR Functional Excellence at Cummins Inc., and Jacob Morgan, a leading authority on the future of work and the employee experience. 5. Customer stories: We’ve increased the focus on strategic stories and quantitative results from current Oracle customers. You’ll find out how they implemented change at their companies, what they learned, and what they’d do differently the next time. 6. Three days of HCM immersion: Take a deep dive into any (or all) HR management areas, meet with trusted partners and solution experts, and discover how your role will evolve in the months and years ahead. Experience tomorrow’s HR, today. And the seventh (lucky) reason: Get $500 off the onsite rate with code HCM1095 (case sensitive). Register now and pay only $1,095.  

Oracle HCM World, March 20–22 in Dallas, is a thought leadership conference featuring inspirational speakers, over 80% customer-driven content, unparalleled networking opportunities, and 70+ sessions...


Human Capital Harmonization: a Playlist for Success

Article written by Jeff Haynes, Director Human Capital Consulting, Baker Tilly and Spencer Varney, Senior Consultant, Human Capital Consulting, Baker Tilly Does your HCM roadmap have you singing the blues? Too many priorities, in too many regions, with too many disparate processes could leave your HR organization struggling to find its voice. But have no fear, a little harmony can get your HR organization back in-sync (say bye bye bye to the roadmap blues). A pre-implementation ‘Harmonization’ planning phase can help organizations prioritize their HR roadmap and develop a plan to address and resolve critical barriers to success. The composition of a harmonization phase includes defining your organizational strategy, gathering local requirements globally, and creating a common model upon which HCM technology can be built. The strategic journey and steps in the highly impactful harmonization phase, which we have performed with our clients many times, can best be described through a custom playlist. Like the parts of a song - intro, verse, chorus - here are six steps to get your organization singing from the same page, globally and in harmony! 1. “Build Me Up Buttercup”- The Foundations Rationalize Organizational / Foundational Structures: Build up crucial foundational structures like legal entities and operating units, define job and/or compensation structures, and document competencies and performance rating scales. This foundation is a key factor for designing a Global Common Model for each specific HR Process. 2. “I Can See Clearly Now”- Johnny Nash Re-Evaluate Policies and Past Practices: Reevaluating policies and practices is a key aspect of harmonize. Your organization may have spent decades operating under assumptions that have driven process decisions. Taking the time to analyze which processes are driven by policies (legal or business) and those that will allow you to clearly see the potential alternatives to these legacy practices. Trust us, you’ll feel like the rain is gone once you’ve identified alternatives. 3. “Everyday Is A Winding Road”- Sheryl Crow Develop Programs and Processes: Understanding the business strategy and developing the HR programs and process that support your strategy can be a winding road to say the least. Unwind the confusion by rethinking the processes that support the success of your organization. Once understood, the roadmap is less intimidating and the process fundamentals that drive the development of a Global Common Model (i.e. centralized vs. decentralized, self-service vs. non-self-service, inputs and outputs) become apparent. 4. “Who Are You”- The Who Define Organizational Design / Roles and Responsibility: As organizations emerge with their new, state-of-the-art processes and technology, they recognize that the roles of HR, IT, managers and employees will evolve. A harmonization approach allows organizations to design a service delivery model that aligns with their needs. We’ve analyzed and estimated work efforts for each process with our clients, and developed job roles based on the client’s internal capacity and skill set. It’s important to determine who your process and technology owners will be, and how best to deploy them. 5. “Why Can’t We Be Friends”-  War Create a Culture of Accountability and Process Execution: With all of these new roles and responsibilities, identifying and engaging key stakeholders in developing a governance strategy becomes imperative. The ongoing support efforts, maintenance, and continuous improvement set the stage for ongoing sustainability. With careful design and change management, the changes in people, process and technology will have HR, IT, and Finance humming the same tune, and the constituents they serve will experience a far different experience yielding far different results. 6. “Technologic” – Daft Punk Enable With Technology: Now it’s time to execute – let your, sophisticated technology and pioneering process design take your organization in a completely new direction. From this initial harmonization phase all the way through go-live you are reimagining the way HR supports your organization and the way work gets performed. This completely new sound or genre, fueled by technology and innovative design, will be music to the ears of an organization ready for a more modern experience.  When it comes to HCM implementations, we have found that harmonization is never the same. Every “playlist” needs to encompass the organizations’ unique vision, process design, project resources, detailed requirements, system configuration and governance planning. Harmonization can be completed in a few weeks or over the course of a few months. Whether you’re optimizing existing processes and systems or implementing entirely new ones, a harmonization may be just the right way to modernize, innovate, gain consensus and build a foundation for success.   Attending Oracle HCM World 2018? Hear firsthand from Stantec’s Angela Moore and Jeff Haynes from Baker Tilly, when they share how Harmonization prepared Stantec for a successful implementation with an aligned, holistic understanding of its own business processes. Don’t be Paralyzed, be Harmonized!  Seizing the Opportunity to Transform HR (CON1215 |Wednesday, March 21, 9:00 am - 9:45 a.m. | Lone Star A4).  

Article written by Jeff Haynes, Director Human Capital Consulting, Baker Tilly and Spencer Varney, Senior Consultant, Human Capital Consulting, Baker Tilly Does your HCM roadmap have you singing the...


The Inflection Point in Enterprise HR: Why Artificial Intelligence is a Game-Changer

Article written by Paul Seo, IBM Global Business Services Talent & Engagement  Converging Forces Dramatically Change the HR Landscape The traditional career trajectory of our grandparents was shattered long ago as it became common-place to change jobs rather than stay with one company for decades.  Job-hopping is still a major force in the changing workforce landscape.  In fact, the average length of service is 2.6 years for millennials according to the Bureau of Labor Statistics. With that said, many other factors are at play as well.   For example, Pew Research Center estimates 10,000 baby-boomers are expected to reach retirement age every day for the next 11 years. That’s a whopping 44 million people who will retire over the next decade. That astounding statistic alone will alter the American workforce.   Meanwhile, many workers are no longer tethered to a single company. Instead, more and more people are taking control of their work by freelancing when, where, and with whom they choose to work.  By 2020, approximately 43% of the American workforce, are expected to be part of the gig economy according to CNN Money. Now let’s turn to social media.  Just like it has transformed social networks, personal interactions, and online content, it has also revolutionized the workforce and the way people find jobs.  LinkedIn is arguably the largest repositories of online resumes, personal endorsements, recommendations, and work history on the internet.  In fact, LinkedIn’s 2016 Global Talent Trends Report found that 90% of LinkedIn users are actively looking for new opportunities or openly talking to recruiters.  Has Your HR Team Embraced the New HR Environment? With this massive transformation taking place in the workforce landscape, HR is changing too.  And rightly so, because the workforce and HR are completely intertwined.  If you’re an HR practitioner or you lead an HR organization, and you’re trying to do your job the same old way, your company could be left behind with a stagnant workforce. Rather than sticking with the status quo, embrace new technologies that can help you improve your HR processes with insight and agility like never before. Artificial Intelligence—The Tool to Add to Your HR Toolbox I’m not talking about something out of a sci-fi movie.  On the contrary, I’m referring to the use of computer algorithms to perform tasks that normally require human intelligence.  Consider this concept—You can use artificial intelligence, or AI as it’s commonly known, to automate repetitive tasks with a heightened level of logic or insight.   This is more than just automating processes.  I’m talking about the use analytics to speed a process and generate an outcome that provides logical guidance.  Let’s use recruiting as an example.  Many enterprise organizations are flooded with resumes.  In fact, IBM receives more than 1 million applications each year from people who are actively seeking a job.  Then there are passive candidates, or those people who aren’t necessarily looking for a new job, but they would consider a job change if the right opportunity presented itself.   It’s nearly impossible for any one person or group of people to thoughtfully review that many submitted resumes or LinkedIn profiles to find the best candidate for a given job role.  This is where AI comes in.  Rather than manually sifting through thousands of resumes, you could use an AI bot to automatically search your resume repository and LinkedIn profiles for a specific talent profile.  Not only will the bot return a list of people who match your ideal candidate profile, it will stack rank the candidates based on who fits your profile the best.  Then, you review the resumes or LinkedIn profiles in the order of most relevance. Taking this thought a step further, your company could also use AI to match specific resumes or LinkedIn profiles with other open job requisitions for which the candidate or LinkedIn profile is a good fit.   HR: Same Role, Different Dynamic The traditional role of an HR department—recruiting, hiring, on-boarding, and retaining staff; managing payroll, benefits, and retirement plans; advocating for employees, etc.—hasn’t changed.  However, the role of HR has hit an inflection point.  One that is being driven by organizations that are embracing new technologies, like AI and workforce analytics, to operate their HR departments faster, smarter, and more efficiently than with traditional processes.  These companies will likely surpass competitors as they embrace innovation to stay not only relevant but ahead of the curve within the rapidly evolving workforce landscape. My point here is that if you, as an HR leader, proactively embrace the enormous power of AI, you will give yourself and your company a significant competitive advantage.  You could literally take your organization from 1st gear to 5th gear in a short period of time.  However, if you aren't on the path to utilize new tools and technologies to advance your HR role or organization, then you risk being left behind, or even worse, being replaced by someone who can.   Attend the IBM Speaking Session at Oracle HCM World 2018 I've shared just a few examples of how AI is evolving the practice of HR.  These scenarios are possible today.  In fact, IBM is at the forefront of AI functionality in the HR field.  If you want to see and hear more examples about how you and your HR department can embrace the power of AI, then plan to attend my HCM World session, ‘Applying A.I. to Engage the Workforce and Contribute to the Bottom Line’, on Tuesday, March, 20,2018 at 3:45.  I'll demonstrate live examples of AI used by HR to bring these concepts to life.   Learn more at ibm.com/oracle.

Article written by Paul Seo, IBM Global Business Services Talent & Engagement  Converging Forces Dramatically Change the HR Landscape The traditional career trajectory of our grandparents was shattered...

Future of Work

Seeking Better Collaboration Between Finance & HR

Have you ever wondered why seemingly simple things like getting information or working across teams is so hard? You are not alone. It’s why Oracle is focused on bringing teams together with better enterprise workflows, data access, and communication powered by technologies like Adaptive Intelligence (AI) and predictive analytics.  Why Finance and HR now? In the digital age, strategic collaboration between Finance and HR is a necessity. The competitive landscape has intersected with technology in a way that continues to disrupt organizations in nearly every industry—from manufacturing and service companies focusing on outcomes, to the sharing economy in transportation and hospitality. Now more than ever, the ability to be agile, transform quickly, and plan effectively at the core of your business helps you seize market opportunities and grow revenues.  Improve HR and Finance Collaboration by 70%  When we asked MIT Technology Review to help us explore this relationship between Finance, HR, IT and the role cloud computing plays, it was validating to see that 70% of organizations who had implemented cloud applications improved collaboration across Finance and HR. As information becomes more accessible across teams, it’s easier to do things like workforce planning and budgeting in coordination. In fact, Oracle has identified 34 ways your Finance and HR cloud needs to connect.   Seeing is Believing  Starting a cloud migration with Finance and HR often reaps the fastest, largest benefits by freeing up staff to focus on strategic, revenue-enhancing activities rather than non-value-added tasks. Our upcoming webcast on March 14 is a great opportunity to see Oracle’s cloud applications working together across lines of business. Our experts will cover topics like how AI is changing the way we work to better workforce planning and budgeting. You’ll also have a chance to ask questions and hear about customers who are already on their journey to unifying HR and Finance in the cloud.  Thirty-five percent of organizations plan to create a shared Finance and HR function in the cloud this year! Attend our webcast to find out more. Register for this valuable webcast here.  

Have you ever wondered why seemingly simple things like getting information or working across teams is so hard? You are not alone. It’s why Oracle is focused on bringing teams together with better...


Hi From the Sky: HCM Customer Insight from 35,000 Miles Up

Reporting from Oracle CloudWorld, NYC For anyone that knows me, they know how much I love my office in the sky. Aside from the T-Rex arms needed for middle-seat typing, it’s my favorite place to get things done. This evening I’m reporting to you from Virgin America flight 1027 after our electric CloudWorld event in New York City.  This morning (February 12, 2018) I had the opportunity to host a customer focus group with the goal of identifying common struggles and triumphs — or as I like to say turbulent tidbits and smooth elevation stories.  Here is what I learned from our customers in NYC.  Turbulent Tidbits  Keeping Up with the Changes — Business is changing as we know it. Therefore, our organizations and roles in HR need to change. Customers spoke to these changes by sharing how they successfully moved their disparate, mostly on-premise HR systems, over to Oracle HCM Cloud. However, closing the gap between individual and emerging technologies is becoming increasingly hard as rapid advancements and innovations are being discovered on a quarterly basis. With Oracle HCM Cloud, features and functionalities are being deployed at a much quicker pace than the old days of on premise deployments, raising the bar on adoption speeds by HR teams.  The Rise of the Gig Economy — Where people work is a huge concern. Management challenges are exceedingly pervasive amongst remote and gig employees. How do you connect with factory workers who aren’t provisioned an email account? How do you bring service delivery agents to the world of digital transformation? What collaboration tools are best for the gig economy? One customer told us his company is seeing 300% staff growth over the next five years and he’s asking himself, with technology and the workplace changing, how will I keep up with that that pace of change? Lack of Employee Engagement — When asked about measuring employee engagement, I quickly realized how much of a thorn this was for the room. One customer told us that while he’s able to measure his employee engagement, he was struggling to raise it. The whole room agreed, employee engagement shouldn’t sit solely with the HR team, but that there needs to be more onus on mid-level managers. Another focus group participant explained that engagement is initiated from the top at her organization. Her CEO is very intentional with his employees, using things like newsletters, videos, and an open-door policy to ensure people feel connected. Another customer said his team ran a survey last year on employee satisfaction that yielded an 80% response rate. He was later disappointed to find out nothing was done with the survey results. Smooth Elevation  Embracing Emerging Technologies — While many customers said they felt pressure to keep up, most people in the room were excited about today’s trends. HR leaders are looking forward to using things like Artificial Intelligence and chatbots in their daily life. The most recent PwC Workforce of the Future study says — all that talk about robots working next to us is actually exciting people about their futures. “In our 2014 survey, just 66% of people had a positive outlook, with only 29% being ‘excited’ about the future. This has gone up to 37% this year.” Instead of being threatened by technology, our customers are embracing it and looking forward to what Oracle’s HCM Cloud will announce regarding these emerging technologies during  Oracle’s HCM World in March. Learning to Love Data — Today’s HR leaders are excited about data but are hoping their cloud systems will serve this information up to them in a digestible way. One of the customers in the room explained that before moving to Oracle HCM Cloud, he manually built queries across their systems to find, mine, and serve up data. Today, it is his job to take the data and build a story for the management team. Instead of just reporting on numbers such as open requisitions, he looks for hiring trends and is able to be more prescriptive rather than just descriptive in his data usage.  Influential Power — An incredible consensus in the room was that HR is no longer seen as a cost center or simply a center of excellence, delving out best practices. Instead, similar to IT, they are seen as transformational network of experts able to influence executives and align to strategic business goals. One of the customers explained, that in order for her team to be seen as influencers, they had to transform their HR practices before going down the path of technology transformation. This seemed to resonate with the room as they echoed similar stories of overhauling the old way of thinking into the new way of doing. Once a reputation was established, executive influence seemed to fall in line. Now, global systems and people are talking to each other for the first time.  We only scratched the surface during this focus group, but I look forward to meeting more customers on the road and learning about their experiences and sharing them back with you!  Have any #TurbulentTidbit or #SmoothElevation stories? Share them on Twitter by mentioning @OracleHCM and me, @Brittany_LindSF, to get the conversation started! 

Reporting from Oracle CloudWorld, NYC For anyone that knows me, they know how much I love my office in the sky. Aside from the T-Rex arms needed for middle-seat typing, it’s my favorite place to get...

Future of Work

Why Companies Need to Build a Skills Inventory

Article written by Jeff Hesse, PwC Here’s a question every leader should answer: Do you have a clear understanding of your people’s skills, and where the gaps are? Odds are, the answer is no. Although the cloud, digitization, and the Internet of Things allow businesses to gather and analyze all sorts of data, few organizations today have a system in place to track the skills their people have. And even fewer know what skills they lack — which presents a challenge, given that in tomorrow’s automation- and data-driven workplace, talent will be scarce and the needs of your organization will change often. Digital disruption is already here. In the Workforce of the Future study, PwC envisions what the workforce will look like in 2030. While it’s impossible to predict exactly the skills businesses will need even five years from now, every scenario imagined will require workers and organizations to be ready to adapt. Given the dynamics, it’s vital to have a system in place to track and analyze the skills your people have — and those they may need soon. Here’s how to get started. 1. Make an inventory of your people’s dynamic skills Before you can begin to plan ahead, you need to know what skills your people have now. Start by considering the particular skills your business needs. Then categorize them by functional skills, such as financial modeling or accounting, or by technical skills, such as programming. You should also categorize the level of those skills, from novice to expert. Look beyond workers’ job titles to consider what skills they have that they may not be using. Next, think about the best way to inventory those skills. Organizations that are small- to medium-sized don’t necessarily need a high-tech solution — it could be a simple system in conjunction with your HR platform, or even just a spreadsheet. Larger companies with hundreds or thousands of employees will need a more advanced technological solution, such as an app. PwC has created a widely available app called Digital Fitness to help employees assess their own technology skills and create personal learning paths.  Creating an inventory can’t be a one-time exercise, or a static project. You’ll need to update it as your people’s skills evolve, as your organization’s needs change, and as people come and go. 2. Organize your inventory Once you have the basic inventory in place, organize it in a way that allows you to search and access the data quickly, with good results. The inventory won’t be useful if you can’t efficiently search for a specific skill or attribute, or easily access the information you need. Free-form keywords aren’t reliable, because someone might refer to a certain skill using one term, while someone else might call it something different. One person’s “coding” might be another person’s “software writing,” for instance. Figure out how to organize the data to produce useful query results, or consider a powerful search engine that doesn’t rely on how the data is organized. 3. Analyze your skills With the data in place, begin analyzing it. This can be simple (comparing rows on a spreadsheet) or more complex (using people analytics or apps to find and assess certain skill sets). The goal here is to gain insight into where your employees’ skills are the strongest, where they’re thin, and where the gaps are. As with building the inventory, analysis isn’t a one-time exercise. How closely you track your people’s skills depends on the needs of your business. In manufacturing or retail, where a lot of people may be doing the same job, you may not need to track skills too closely. But if your organization demands certain unique skill sets, such as those in financial services, pharmaceuticals, or some highly technical industries, you’ll want to give skill tracking more attention. 4. Plan for the future Once you’ve built an inventory and analyzed your people’s skills, you can start planning. Try to gauge the skills your company will need two to three years down the road. Rather than being caught off guard by a sudden gap in skills or having to hire people, companies armed with such knowledge can plan ahead through hiring, training, and career development strategies. These steps inform a broader workforce strategy. It’s important not to forget that planning your strategy shouldn’t happen in a vacuum — it should always be connected to larger, unified business goals.  There’s a lot we don’t know about tomorrow. But workers and organizations should be as ready as possible. By identifying the skills you need and concentrating on how to build them, you’ll be better prepared for the changes coming your way. This article originally ran in strategy+business magazine. 

Article written by Jeff Hesse, PwC Here’s a question every leader should answer: Do you have a clear understanding of your people’s skills, and where the gaps are? Odds are, the answer is no. Although...

HCM Cloud Product Updates

What You Need to Know about Workforce Health and Safety Incidents

Co-author: Glen Walton, Senior Manager, Product Management at Oracle What comes to mind when you think about safety at your workplace? At Oracle headquarters, I may not think about it very often and certainly not a daily basis; the environment I work in is far from being inherently hazardous.   Even though this might be the case, there are still visible reminders of the care that I need to take and that Oracle has taken on behalf of its employees, contractors, and visitors to keep us safe because even in our world-class facilities, things do go wrong.  Accidents and illnesses at the workplace can have severe impacts on individuals, their daily performance and the business. There are significant costs that result from these events therefore capturing incident information, including near misses and unsafe conditions for analysis provide lots of value. Some Statistics for Perspective You may be surprised to learn that healthcare, manufacturing, retail and hospitality (HMRH) industries all incur more non-fatal workplace incidents and reportable cases than industries that you would probably think are the more “dangerous”; industries such as mining, construction, and transportation! Non-fatal injury and illness data from the Bureau of Labor Statistics (BLS) shows that these industries account for many hundreds of thousands of reportable cases where employees spend days away from work with many coming back to work only to be placed on restricted duties.   Reportable workplace incident data, released by the USA Occupational Safety and Health Agency (OSHA) showed that in 2014 alone, 4,821 workers were fatally injured on the job. That is 13 workers killed every day! While the impact of a worker being seriously or fatally injured has implications beyond the devastation it immediately causes, the fact is that paying attention to the root causes for the more numerous “lesser” injuries, and in particular “near misses” and “unsafe conditions”, can have a hugely beneficial impact. A good analogy here is an iceberg. The visible part of the iceberg is only approximately 10% of its total volume. The tip correlates to the occurrence of an accident, but before the accident happened you can almost guarantee that there were a number of near misses, along with existence of many unsafe conditions, that if reported, could possibly have prevented the accident from happening.  The unseen bottom section of the iceberg represents all the near misses and unsafe conditions happening in a business. A centralized repository of near misses and unsafe conditions gives managers invaluable insight to what’s happening below the waterline. Information that is essential to planning a response to an emerging problem. How to Engage Executives and Employees on Workforce Safety C-level executives are notoriously busy people and for some, worker safety may not be their most pressing issue. To complicate matters, employees may not be sure of what they need to do when they encounter a potential safety hazard or incident in the workplace. Serious workforce incidents by law require disclosure and can negatively affect: Company brand and reputation Employee morale Customer sentiment Business outlook Cost of capital   What can be done? Recent surveys show that a clear majority of executives who are considering investment strategies in this area believe the most impactful investment they can make to help meet health and safety objectives would be to implement a robust, automated incident and near miss reporting system. The sooner an incident or near miss is reported, the more likely the cost of the incident can be managed in a positive direction, and further incidents prevented.  Many organizations who have adopted a best practice approach to managing health and safety have already seen the value of having more automation in this area. But there are still many organizations that rely on outdated methods for reporting and monitoring incidents, thus forgoing the chance to decrease incident rates, reduce costs and disruptions, and lower their risk profiles.  The typical example of a manual reporting system is the ubiquitous spreadsheet or even worse, email, the use of which will almost inevitably result in the under-reporting of incident occurrences, distorting investment decisions, and exposing the organization to additional risk.  To help C- level executives focus in on this area, environment, health and safety (EHS) managers who have been able to collect good incident data can employ visualization tools, including easily consumed dashboards and charts to provide visibility, accountability, and knowledge in order to influence the prioritization of investment funds.  It is the role of the EHS Manager to provide information to C- level executives to help them make informed decisions. Leveraging the data to deploy effective data analytics and data visualization tools, including easily consumed dashboards and charts. This will provide visibility, accountability, and knowledge to influence the prioritization of investment funds. It will also support the establishment of a “correct tone at the top” and go long way to overcoming potential complacency-creep when it comes to a business decision to invest in workforce health and safety. For more information on Oracle HCM Cloud and Workforce Health and Safety Incidents, visit cloud.oracle.com

Co-author: Glen Walton, Senior Manager, Product Management at Oracle What comes to mind when you think about safety at your workplace? At Oracle headquarters, I may not think about it very often and...

Future of Work

2018 – The Year When AI Will Humanize the Workplace

As we enter 2018, there are two competing forces that are impacting the world of HR. On the one hand, the rate of social and business changes is accelerating, resulting in an ever more complex business environment. On the other hand, employees are pushing for even simpler, more engaging, and human-like experience from their enterprise applications. For HR to survive, they will need to leverage emerging technologies such as artificial intelligence (AI), machine learning, robots, and chatbots to support rapid business changes while delivering a superior employee experience.    Intelligent Workforce Automation Helps Organizations Become More Productive and Agile In the last few years, the creative disruption caused by technology is rampant – think what Uber did to the transportation industry, AirBnB to hospitality, and Amazon to retail. For companies to thrive in the face of ever-accelerating change, they need to excel at adapting to fast-changing market dynamics, customer demands and technological innovations. This requires a fundamental shift in thinking about the workforce. It’s no longer just about hiring employees, but rather maximizing productivity by combining tasks that can be intelligently automated and those that require human intervention.     In 2018, HR organizations will start working with lines of business to enhance workforce productivity by leveraging an array of automation technologies such as artificial intelligence (AI), robots and customer self-service. According to the Forrester 2018 Predictions Report, automation will eliminate 9% of U.S. jobs, but will also create 2% more that will support the “automation economy.” HR will work with business leaders to model the future workforce and reassess hiring and staffing plans, taking into account the impact automation will have on new job roles, skills and processes. They will also be using contextual data and workforce modeling technology to short-circuit problems like attrition and turnover, better understand their workforce and talent pool, and fuel smarter and more successful hiring practices.     Employee Experience Becomes More Human, Aided by Rapid Adoption of Adaptive Technology Tools  Businesses have long recognized the importance of delivering a memorable experience for customers. As millennials and Gen Z become the largest share of the global workforce, more organizations will be applying the same mindset of designing a differentiated customer experience to keep their employees engaged and productive. Central to this philosophy is treating employees as holistic human beings who seek meaning, value, connection, recognition, and personal growth at work. Additionally, they also expect from work similar experiences with technology that they are accustomed to in the consumer world – intuitive interfaces, quick responses, and access to real-time information.     In 2018, we will see exponential growth in the use of AI, chatbots, machine learning, mobile solutions, and social platforms to make work more enjoyable, simple, and engaging. Forrester sees the rapid adoption of chatbots, conversational user interfaces, facial recognition, and other intelligent agents as tools that will rapidly transform HR business processes such as benefits enrollment and recruiting. According to Forrester, by the year 2021, more than 50% of enterprises will be spending more per annum on bots and chatbots creation than traditional mobile app development.  Recruiting Becomes More Human, Aided by AI and Virtual Recruiting Assistants  The war for talent is as fierce as is competition for customers. The need to attract and retain top talent is only getting more pronounced as employees are expecting more from the places they work. According to Forrester, in 2018, talent issues will only widen the divide between digital predator and prey; and organizations struggling to attract scarce talent will spend up to 20% above market.   This year, AI for recruiting will become a dominant theme for HR technology. Recruiting leaders will leverage AI to gain deep insights into talent needs, understand where and how to source candidates, reduce time-consuming activities like manually screening resumes, and identify the right candidates from a large applicant pool. According to the Forrester 2018 Predictions Report, by 2020, candidates applying to jobs at 20% of large global enterprises will also interact with chatbots before recruiters. Organizations around the world will be implementing virtual recruiting assistants, powered by natural language processing technology, that instantly engages with applicants, poses contextual questions based on job requirements, and provides personalized updates, feedback, and suggestions.     2018 is the year when technology and humans will converge to not only deliver more business success, but also bring humanity back to the workplace.    This article was first published on HR.com - 2018 HR Trends

As we enter 2018, there are two competing forces that are impacting the world of HR. On the one hand, the rate of social and business changes is accelerating, resulting in an ever more...

Focus on Talent

6 Talent Management Trends for 2018

We are currently in the golden age of HR. Modern technology has enabled HR leaders to provide their workforce with a better employee experience. Emerging technologies such as data automation, predictive analytics and artificial intelligence (AI) have now added a level of sophistication in how businesses can manage and engage their workforce for higher productivity. So, what should talent management professionals be thinking about in 2018?  Here’s a list of trends we think will impact the talent management function of HR this year.  1. The Moments that Matter  Digitizing the employee experience and essentially treating employees as if they were internal customers was a hot trend in 2017. Despite many companies tackling this trend last year, it will still get considerable attention in 2018. “This year, we expect companies to continue to personalize the employee experience and redesign HR to better support the employee “moments that matter” in their service delivery models. It will require HR to improve the data gathering and analysis of their “internal customer”, determine personas, identify triggers in the employee lifecycle and reexamine HR’s impact and effectiveness in truly delivering the service their employees demand at those moments in time” -- Sunita Khatri, Director of HCM Cloud Product Marketing, Oracle. 2. System Generated Intelligence  If you’ve ever used Siri, Alexa or Google Assistant then you’ve used artificial intelligence.   AI, as well as the term machine learning, are emerging features across many HR applications. “AI is pushing the boundaries of traditional HR systems by offering HR professionals with system generated intelligence, actions, recommendations and personalization”, Sunita Khatri.   Sourcing and recruiting are becoming hot topics for AI. Creating a personalized and engaging experience for candidates and then supporting it with decision support through natural language processing and chatbots will become the norm. AI can also connect candidates with opportunities that they may not have even thought about. AI can also help increase and improve the candidate pool.  For example, many recruiters today use keyword tools to parse a long list of resumes in finding a potential match. However, this methodology eliminates resumes that may lack relevant keywords, but are still quality candidates. With AI, candidate matching will take into account more than just keyword data, such as the candidate’s previous job titles, work history, tenure and accomplishments. It then matches this data against the target profile and persona of a particular job requisition to propose comprehensive quantitative and qualitative matches. With this technology, recruiters no longer need to read countless resumes and can focus on the right candidate.  3. People Analytics  With business moving to a more data driven approach, HR’s role is enabling their organization to leverage talent data to help meet business goals and know their employees across all stages of the HR spectrum. Organizations are utilizing data to improve all HR processes such as recruiting, talent management, workforce planning and operational improvements.    A Bersin report found that effectively utilizing people analytics had a positive effect on both their business and their workforce. Josh Bersin says that “Organizations that invest in people analytics are seeing above average improvements in employee engagement, performance and profitability. Yet despite these clear advantages, only 17% of companies have achieved these benefits and some are far behind.” With the improvements that investing in people analytics can provide throughout an organization and 83% currently not utilizing it, we should see a huge wave of organizations investing in it in 2018. 4. Reimagined Workplace Learning  There’s a new paradigm for how we learn and develop professionally in the workplace. Many organization’s L&D and talent development functions are still leveraging traditional, compliance and course catalog learning strategies. With the onset of the “modern learner” who craves an always-on, collaborative, social, mobile and peer-to-peer learning experience, chances are they will feel held back with rigid and outdated learning platforms in the workplace.  “Today, learning content is only provided by L&D experts and HR, whereas the future of learning is in the hands of the entire workforce, where learning content is authored, posted, shared and tracked by everyone in the organization and curated by employees and HR. Most learners today are trained to hunt for their knowledge, but imagine a learning system that learns your behavior over time and leverages artificial intelligence to recommend the next piece of information or content you should learn. HR will especially start to reap the benefits of using modern Learning platforms by embedding learning within critical talent processes such as career development and internal mobility.”  Sunita Khatri.  5. Developing Millennials Leaders  75% of the total workforce will be millennials by year 2025, yet large percentages of this population is leaving the enterprise to work at non-profits, smaller businesses or become entrepreneurs. Why is that? “Career progression is top of mind for this generation, their ambition to learn, stay engaged, acquire knowledge and new skills quickly is important. In addition to work life balance and job flexibility, they also expect to rise quickly in the organization, be picked for new career assignments and motivated for new challenges. In 2018, we suspect organizations will start thinking about millennial focused leadership programs, especially since by year 2020, they will inevitably be managing the next wave of workers, Generation Z”.  -- Sunita Khatri.  6. Gig Economy The rise of the gig economy can be attributed to the desired flexibility of the digital worker. Some workers do it out of necessity, others enjoy it because of the ability to be their own boss and choosing the type of work or projects that they want to do. An Intuit Global Study predicts that 40% of the total workforce will be contingent workers by 2020. If this holds true, talent management practitioners will need to prepare for how this change will impact the workforce.  There are potential complications that talent management practitioners will need to consider as they prepare to recruit and manage large influxes of contingent workers. For example, gig employees usually do not receive the same benefits as full or part time employees, so their onboarding may be different. If your organization plans to hire gig employees then consider how will you source and appeal to this talent pool and what differentiated pay strategies will you need to consider?  The need to be responsive and agile will continue to be critical in this new economy. Since, technology is speeding up the way business is done, these are only a handful of topics that we believe will emerge or continue to trend in 2018. As the year progresses, there will be new trends that pop up and it will be up to talent leaders to stay on top of them. How is your organization set up meet these trends in 2018? 

We are currently in the golden age of HR. Modern technology has enabled HR leaders to provide their workforce with a better employee experience. Emerging technologies such as data...