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The Essential Elements to Succeed with Talent Management

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... global clients in a single, unified fashion no matter the location of delivery, ... Career Planning. Learning & Development. Compensation. Measure. and ... – PowerPoint PPT presentation

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Title: The Essential Elements to Succeed with Talent Management


1
The Essential Elements to Succeed with Talent
Management
2
Agenda
  • Why the Need for Talent Management!
  • Essential Elements of Integrated Talent
    Management
  • Key Considerations When Starting a Talent
    Management Initiative
  • Functional Overviews
  • i-Recruitment
  • Performance Management
  • Learning Management
  • Compensation Workbench
  • QA / Summary

3
Talent Management is …
  • One Part Mindset
  • One Part Practices
  • One Part Technology

Giving Those that Have the Talent Mindset the
Capability to Deliver
4
Gartner What To Expect From Your System
5
A successful Talent Management integration
strategy focuses on simplification and avoidance
of redundancy.
Jim Holincheck, Gartners lead HCM analyst
6
Oracle EBS Talent Management Suite A
Comprehensive Talent Management System
User Productivity Kit
Business Process Modeler
Collaboration Suite
Portal, HR Intelligence, Web-based Self-Service
Applications
Succession Planning
Learning Management
Compensation Solutions
Performance Management
Career Planning
HR Intelligence/DBI
Recruiting
Competency/Profile Management
Integration Single Sign On, Workflow, Warehouse
Core HRMS
7
Example Talent Management Customers
"We dont hire commanding officers, we grow
commanding officers. PeopleSoft ePerformance
gives us the ability to grow and retain highly
talented people. -- Captain Thomas
Broderick, United States Navy
As we serve global clients in a single, unified
fashion no matter the location of delivery,
Oracle Learning Management allows us to create
consistency in our associates knowledge and
create a unified company across the 26 operation
centers we operate in the USA, China, India,
Philippines, Poland, Hungary, Romania, UK,  and
Mexico.  We could not maintain our rate of
opening a 1,000 employee based office each
quarter without these tools. -- Steve Jolly,
Vice President, Genpact
8
Everyone is concerned about talent.
9
Demographic Shifts and Workforce Globalization
Have Created a War for Talent
Aging Workforce Less Skilled Workforce Talent
Crisis
Numbers of jobs and workers, in millions
(adjusted for multiple job-holding)
Projected Gap In Skilled Workers by 2020 15
Million
190
Skilled Jobs
180
Unskilled Jobs
170
Work Force
160
150
140
2020
1990
2000
2010
10
Executives Need Answers to Key Questions
  • Are we retaining the best employees and where did
    we recruit them from?
  • Who are our top performers? How can we hire and
    develop more people like them?
  • Do workers have the skills needed to achieve
    performance goals?
  • Are the learning initiatives positively impacting
    performance?
  • Where is talent demand outpacing supply?
  • How much is turnover costing in customers? In
    productivity? In innovation? In quality?
  • What are the financial consequences of talent
    decisions on our business?

11
ltInsert Picture Heregt
Essential Elements of Integrated Talent
Management
12
Talent Life Cycle
Talent Planning
Measure and Report
Recruiting
Succession Planning
Performance Management
Learning Development
Compensation
Career Planning
13
Getting Answers Requires Integration
14
Facts Tell……. Stories Sell…….
15
Customer Success Profile Bimbo Bakeries USA
  • COMPANY OVERVIEW
  • Consumer Packaged Goods Industry
  • Location Ft. Worth, TX
  • 1.2 Billion in Revenue
  • 7,000 employees
  • CHALLENGES/OPPORTUNITIES
  • Lack of integration between HR, Payroll and
    Financials
  • Duplicate manual data entry
  • Wanted an integrated talent management solution
  • Difficulty with reporting
  • ORACLE E-BUSINESS SUITE     
  • Human Resources
  • Payroll
  • Advanced Benefits
  • RESULTS
  • Integrated HRMS and Financials eliminated the
    many manual entries
  • Utilization of Employee and Manager self-service
    increased the accuracy of critical employee data
    needed for reporting.
  • Leveraged Oracle HR and Payroll best practices
  • Rolled-out an automated performance management
    solution
  • Advanced Benefits simplified management of
    complex plans and exportation of date to 3rd
    party vendors.

Source Xcelicor
February 2007
16
Customer Success Profile
CUSTOMER QUOTE
Our recruiting strategy is helping drive growth
for our company worldwide.  Oracle iRecruitment
has enabled our company to significantly improve
our global staffing processes and reduce time to
fill. 
  • COMPANY OVERVIEW
  • High Technology Industry
  • Location Portland, OR
  • 4,300 employees
  • CHALLENGES/OPPORTUNITIES
  • Single source of workforce information
  • Strong recruiting functionality
  • Global functionality
  • ORACLE E-BUSINESS SUITE     
  • Human Resources
  • Self-Service
  • Talent Management
  • iRecruitment
  • Learning Management

Kathy Gallaway
Senior Manager, HR Systems Payroll Tektronix
  • RESULTS
  • Streamlined HR operations with a single,
    integrated Global system
  • Standardized and automated recruiting processes
    globally
  • Reduced Time-To-Fill vacancies by 7-10 days
  • Increased service levels to candidates
  • Improved candidate tracking and compliance
  • Gained greater visibility into candidate
    pipelines
  • Improved collaboration between recruiters and
    candidates
  • Decreased manual data entry with integrated HRMS
    solution

17
ltInsert Picture Heregt
Key Considerations When Planning Your Own Talent
Management Initiative
18
A Show of Hands Your Entry Point
  • Recruiting?
  • Performance Management?
  • Learning and Development?
  • Compensation?
  • Succession / Leadership?
  • Workforce Analytics?
  • A Combination?

19
Key Considerations
  • Business Objectives
  • Current Application Environment
  • Talent Management Strategy and Vision
  • Integrated Solution vs. Interfaced Solution
  • Implementation approaches
  • Business Community Support
  • Business Intelligence

20
Integrated Solution vs. Interfaced Solution
  • Some client feedback…
  • Build a complete Talent Management Strategy
    around a core HR system of record
  • Understand the long term impact of interfaced
    solutions
  • Limited business flexibility
  • Time, resources, and costs to develop, test,
    deploy
  • Both IT and business resources impacted
  • Effort incurred with each application change,
    upgrade, etc.
  • Ultimately, great challenges with reporting and
    analytics

21
Business Intelligence
  • What are the critical questions your business
    will demand answers for?
  • How will your ERP platform deliver the
    information needed?
  • What are the dependencies and possible limitation
    with other applications, such as Financials or
    other point solutions/ASP/SaaS?
  • What are the implications to an interfaced
    solution versus an integrated solution?
  • Begin with the end in mind

22
Summary
  • Business conditions and labor markets require a
    focus on talent management via a comprehensive
    and well-executed HCM strategy
  • HCM technology plays a key role to deliver an
    integrated talent management strategy
  • Single, enterprise-wide system with a competency
    foundation
  • Integrated programs and business processes
  • Business intelligence
  • Development and execution of Talent Management is
    accomplished in multiple phases, and every firm
    is at a different point

23
Functional Overviews
  • I-Recruitment

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Functional Overviews
  • Performance Management

46
Define Individual Goals Competencies Manager
Self Service
Managers task list
47
Define Individual Goals Competencies Setting
Objectives
Cascade objectives downwards
Set objectives for individual employees
48
Define Individual Goals Competencies Employee
Self Service
Only active tasks are enabled
49
Track Objectives Progress Personal Scorecard
  • View of employees scorecard after objectives
    setting

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Functional Overviews
  • Oracle Learning Management

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Functional Overviews
  • Compensation Workbench

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Total Compensation Statement
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Q

A
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