|
Upcoming Webinar: Using HR Analytics to Drive Better Business Results
Date: Aug. 16
Time: noon CT
Speaker: Rick Hight, Reporting Solutions Specialist
Presented by Polaris Associates
This presentation will show how enterprises can leverage their HR data to make strategic decisions and achieve business goals faster and more efficiently. Rick Hight of Polaris Associates will give live examples of popular analytics such as employee turnover rate, compensation analytics and employee performance analytics that have given important insights to companies to improve their productivity and the bottom line.
Register here.
Headlines
News from OHUG
Scout Asks OHUG Attendees About Industry Hot Topics
Scout Exchange LLC was a top sponsor of the OHUG 2016 Global Conference. The company posted a "Question of the Day" for attendees to share their opinions on hot topics in the HR industry. What Scout heard shows that modern HR problems deserve modern solutions.
As Scout solicited feedback from leaders to gather current thoughts and best practices, the company's three questions captured familiar challenges at the forefront of countless companies:
- How do you hire the best IT talent?
- What are the best ways to manage expectations of millennials?
- Do job titles really matter?
Find out what Scout discovered.
An Update on Oracle Partner Integration Programs
With Oracle Validated Integration, customers can be confident that an Oracle partner has developed proven integration with an Oracle on-premises HCM Application (e.g., Oracle's PeopleSoft, Oracle E-Business Suite).
Click here for a current listing of Oracle Validated Integrations.
On Oracle Cloud Marketplace, customers can discover partner applications that extend Oracle HCM Cloud Applications, including Oracle Talent Management Cloud (formerly Taleo).
Visit the single source for Oracle partner cloud solutions.
New ERP Post on Forbes.com
Enterprise resource planning applications are highly complex systems. But the navigation and overall user experience should be as simple as possible. Oracle thought leader Jeremy Ashley, the Oracle Applications User Experience (OAUX) Group vice president, writes about the Oracle ERP Cloud in "OracleVoice: ERP UX Must Be Simple, Even When The Data Is Complex".
Join OHUG at the Annual New England Joint Oracle User Group Meeting
OHUG is once again co-sponsoring an exciting New England joint Oracle user group meeting on Nov. 17, 2016, at Gillette Stadium in Foxborough, Massachusetts.
Enjoy a day of hot topic educational sessions, networking with HCM peers and access to industry experts. The formal agenda will offer deep dives into HCM and other functional and technical content across E-Business Suite, PeopleSoft and JD Edwards on-premise solutions, as well as content potentially of interest to all Oracle customers, such as HCM applicable to all, EPM, BI and Oracle Database.
Attendees can learn from experts and their peers and discover ways to improve current system and business performance, with an eye to integrating new technologies, including the cloud. Educational sessions covering all things cloud, Oracle Cloud solution enhanced functionality and co-existence options for on-premise customers will also be offered.
Visit the event site for more details as they develop. Questions or requests for information, including exhibit and sponsorship opportunities, may also be directed to Event Coordinator Joanne Brennan.
Behind the 'Wow' of the Smart Office
Noel Portugal, from the AppsLab, the OAUX emerging technologies team, writes about what you can see if you catch the Smart Office demo right now in "The Future of Work: What Does a Smart Office Look Like Today?" For a look at the emerging technology research behind all of the cool things you can see, visit the UsableApps Storify page for a new post, "Building a 'Smart Office' with Today's Emerging Technology."
Why Independent Software Vendors Are Making the Leap to the Cloud
More ISVs are making the leap from being an on-premises provider to offering a pay-as-you-go cloud model. Their new customers want fast implementations without big up-front expense. And some prefer a hybrid setup, in which they can keep their enterprise applications on-premises and provide a cloud-based mobile front end. "Our competitors are on-premises only or software-as-a-service only. We can offer the two options, and that's really, really important," says Opencell CEO David Meyer.
Read more.
Fintech Startup on Fast Track with Peer-to-Peer Lending Service
When Alan Burns, the CTO and co-founder of financial technology company PeerPay, was looking to buy a database to underpin the peer-to-peer lending platform the company was developing, the last thing he wanted was a long, complicated contract process. Burns, a longtime Oracle Database user, chose Oracle Database Cloud Service as the lending platform's production environment for two main reasons: data security and ease of implementation. A bonus was the fast contracting turnaround time: minutes to get the contract sent and approved and hours for the database service to be set up.
Learn more about how Oracle's Accelerated Buying Experience makes it fast and easy to purchase Oracle Cloud services.
Industry News
The Next Wave in HR Disruption
Human Resource Executive Online (06/30/16) Boese, Steve
The workplace and how human resources leaders work are rapidly changing due to the past decade's innovations such as smartphones and tablets, social networking, personalization, mobile messaging and voice interfaces, according to Steve Boese, co-chair of Human Resource Executive's HR Technology Conference. He said smartphones and tablets are likely the most disruptive innovation, with obvious effects on HR. "Every major HR-technology solution today has at least some mobile applications, and many of the leading solutions have developed extensive mobile capability — particularly for the vast majority of employees who use HR systems only sporadically, and only for a few select functions," Boese noted. Meanwhile, social-networking concepts are making inroads into organizations, with features such as an activity feed and liking, sharing and commenting growing into HR-technology solutions. "Specifically, we are starting to see this trend play out in the learning-technology market, where many of the modern learning solutions such as the Oracle Learning Cloud ... draw heavily from social-networking concepts such as user creation of learning material and surface the best and most popular content for users," Boese said. He also noted Uber and other services are driving demand for greater personalization in work and HR technologies at scale. Boese said with the advent of voice interfaces, "it's just a matter of time before leading HR-technology solution providers leverage major platforms ... to provide a voice-based user interface to the organization's HR systems." Finally, Boese cited the integration of HR solutions and mobile short messaging tools as another disruptive technology.
Macy's Banks on Oracle HCM Benefits Administration Software
SearchFinancialApplications (06/14/16) Ring, Dan
Macy's is deploying the Oracle Human Capital Management (HCM) Cloud, scheduled to go live in July, as a replacement for a 20-year-old on-premises PeopleSoft system. The package will feature core human resources, payroll, benefits administration, compensation including bonuses and incentive pay, workforce analytics and talent management software. The goal of the implementation is to simplify and enhance employee services while liberating HR leaders from administrative chores so they can focus on talent development and business improvement, said project director Christopher Coy. "We want HR business partners ... engaging with employees, driving culture, driving sales and driving the business," he said. One plus of the Oracle solution is the use of benefits administration software to automate notices to employees. Macy's will combine the Oracle cloud with a data warehouse to feed a custom messaging system accessible to all employees through the Macy's portal, and Coy described the project as a catalyst for building the data warehouse. Among the advantages the Oracle HCM Cloud offers is configurability for employee life events and date tracking, which "gives us the ability to either choose to communicate or not to communicate depending on whether your benefit data has changed or not changed," said Deloitte consultant John Joseph Antoniraj. In addition, the Oracle solution will offer a new user interface for more online services for employees.
Five Do's and Don'ts for Deploying HR Cloud Applications
Forbes (06/28/16) Hildebrand, Carol
Digital human resources is prioritized by many business and technology executives, but few companies are fully prepared, according to a Deloitte survey cited by Oracle's Carol Hildebrand. "Companies must ask some important questions — of themselves, of their human capital management (HCM) cloud vendors, and of implementation partners," she said. Hildebrand recommended HR executives build a strategic HCM roadmap that incorporates change management and process re-engineering before considering technology. She also discouraged the urge to replicate existing processes in the modern platform, and suggested consulting with vendors about the leading HR processes, giving them latitude to devise the best way to reimagine them. "You are more likely to get a truly modern HR process than if you tried to impose status quo processes on next-gen technology," noted Baker Tilly's Ann Blakely. Hildebrand also urged drawing a distinction between product expertise and integration expertise, and said "count on individual vendors to talk about their own system architecture and security, but consult integration experts on how to blend everything together." On-premises software assessments should not be applied to cloud services, with Blakely noting "it's often an unnecessary harness on vendors that blocks them from showing all the different modern capabilities." Finally, Hildebrand advised investigating the vendor's product roadmap, customer feedback processes and partner ecosystem.
Digital and Changing Operating Models Driving HR Tech Investments
Consultancy.uk (06/21/16)
Human resources technology is undergoing a swift and large-scale transformation driven by a digital tech push, changing operating models and the intersection of various disruptive business models, according to a new Ernst & Young (EY) report. Nearly 50 percent of survey participants reported planning to accelerate their HR tech investments and initiatives. EY's Hans Groothius noted organizations using custom-built/in-house HR applications tend to struggle to keep pace with technology and process shifts. He also sees a large but growing supply of packaged HR technology solutions via which software vendors offer their clients expanding flexibility. Groothius cited the constant growth of software-as-a-service-based solutions as driving the migration toward greater adoption of standardized, flexible and modular solutions. Thirty-five percent of polled multinationals operate a global HR system, and only use HR technology from other vendors on exception, and another 50 percent strive to use a single system/vendor within a region or country. Groothius noted in-house or custom HR tools are still mainly used to manage jobs requiring a relatively tailored strategy and environment, while standard solutions are generally employed for HR administration and payroll, and performance management. Survey respondents anticipate profound changes to their HR systems in the areas of recruitment, compensation and benefits, and learning management and training in the coming year.
Internet of Things: The Next Talent Management Thing?
Talent Management (06/13/16) Gale, Sarah Fister
The efficiency of the Internet of Things (IoT) can be extended to talent management, according to Ernst & Young's Kevin Cornelius. "It can help the [human resources] function adopt smarter systems to drive operations and innovate the way they deliver training, learning and people development," he said. For example, companies embracing wearables for wellness initiatives are already using the IoT for workforce management. "By implementing a program whereby employees wear activity trackers and are rewarded for their activity and movements, HR executives not only promote and incentivize healthy lifestyles among employees, but also can leverage the program to negotiate prices with their healthcare insurers to reduce premiums," said CapGemini's Debbie Krupitzer. Other potential HR-related IoT uses include IoT connectivity to track the productivity of workers in the field, delegate tasks based on the closest expert or service rep to a job, augment site scheduling based on customer flow, and push out real-time training according to an employee's time or performance on a task. Cornelius said organizations also can tap IoT to capture a real-time picture of their employees' whereabouts and where they are needed, and to support more flexible workforce management. Krupitzer emphasized the need for a business case for using IoT that is calibrated with specific business objectives.
Digital Transformation Key for HR Success — Tech Spend Set to Rise?
Diginomica (06/17/16) Milne, Janine
Human resources departments increasingly are investing in technology, analytics and digital transformation due to market changes and customer demand, according to Hackett Group Principal Harry Osle. A recent Hackett Group study found six of the top 10 planned HR initiatives for this year involve technology or data, as HR sees no other option but to accept new technology. The report also highlighted serious voids in HR's ability to address business requirements, such as the inability to analyze and forecast data or deliver basis analysis and reporting and insights to business decision makers. Also in short supply is HR's ability to anticipate the skills and recruit people for the business and recruit business-savvy HR personnel. It is essential to invest in digital transformation to resolve these problems, yet stagnant or declining budgets and staffing levels require HR to do so by harnessing existing funds and resources. Osle rated HR's analytics use as "average or below average," while providing the right data at the right time will only work if HR has personnel with the business acumen to effectively communicate the value of that data. He said world-class organizations excel at bringing the skills sets and competencies of the HR business partner into alignment with business savvy so they can add relevance to the data.
Abstract News © Copyright 2016 INFORMATION, INC.
|
|
| View Past Webinars |
TBE Reporting Tips and Tricks, 10 HR Technology Trends You Shouldn't Ignore, Fact or Myth: Protecting Your PeopleSoft HCM Data from Cybercrime ... all these webinars are available to OHUG members via the website. What are you waiting for?
Check out all past webinars now. |
|
|
| View Past Issues of OHUG HCM Insider |
Every month, we send out this e-newsletter to members via email, but you can always view the archive of previous issues if you missed something!
View the archive. |
|
|
Oracle HCM Users Group (OHUG) is an organization devoted exclusively to providing users with valuable insight into Oracle E-Business Suite, Oracle PeopleSoft, Oracle Fusion HCM and Oracle Taleo applications. OHUG provides its members with in-depth training sessions from industry experts, along with the opportunity to share experiences and best practices with colleagues using the same applications.
OHUG also enables users to interface directly with Oracle executives, product managers, and development, gaining knowledge about new functionality directly from the source and ultimately influencing the future direction of the entire Oracle HCM product suite.
OHUG
330 N. Wabash Ave.
Chicago, IL 60611
Phone: 312.321.4095
Email: info@ohug.org
|
|
|
|