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!
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