Innovation in HR and HCM With Oracle

Propel Your Organization Forward with Oracle Fusion HCM

The modern human resource department is faced with the daunting task of reinventing how they run activities like recruitment, job evaluation, teamwork, and employee perks. They face challenges such as rapidly evolving technologies, ensuring compliance with local and international regulations, managing a geographically dispersed workforce, and so on. Also, millennials will account for about 75% of the global workforce by 2025.

All these challenges necessitate that HR professionals look for ways to provide talent management, career development, employee engagement, flexible work schedules, and telecommuting.

Machine learning in the HR department

One of the technologies that is effectively streamlining and improving the HR function in most organizations is machine learning. More organizations are moving from group messaging platforms and conventional emails, to smart assistants that provide employees with personalized services and relieve the HR staff of mundane tasks. Machine learning and OBIEE migration can efficiently handle such activities as:

Streamline the recruitment process

Schedule HR functions including interviews, group meetings, performance appraisal, leave and holiday approvals, and so on

Streamlining workflows

Use HCM reports to evaluate employee engagement

Streamline reward and appraisal programs

Personalize employee training

With time and after absorbing data from applications such as HCM Fusion, machine learning will:

Be a source of pertinent info and questions relating to company procedures, conflict resolution processes, employee benefits, and company policies

Identify weaknesses and skill gaps and personalize training

Track, guide, and improve employee growth

Integrating deliberate innovation in employees’ roles

In spite of the adoption of technology in the HR department, HR professionals should take a deliberate and systematic approach when implementing it. They should ensure that every employee understands how such technology suits their role. If this is not done, it is likely that you will not see its benefits as employees might not engage. Innovation should be incorporated into key performance indicators (KPIs) and employee job descriptions. Establish what technology-related behaviors you want to encourage in your employees and reward them accordingly.

The bottom line

Deliberate innovation requires a deep analysis of your organization’s policies and practices. Variations need to be identified, and deliberate actions and decisions taken on the nature of technological innovations that will be implemented.

Let DataTerrain and Oracle HCM Reports Help Your HR Team Work Smarter

Innovation allows HR departments to effortlessly execute tasks. Ultimately, this will free up resources that can then be used in value addition practices such as talent management for improved productivity. If you are looking to help your business grow by implementing these strategies, contact DataTerrain today to see what we can do for your organization.