A social enterprise is an organisation whose mission combines revenue growth and profit-making with the need to respect and support its environment and stakeholder network. This includes listening to, investing in and actively managing the trends that are shaping today’s world. It is an organisation that shoulders its responsibility to be a good citizen (both inside and outside the organisation), serving as a role model for its peers and promoting a high degree of collaboration at every level of the organisation.
Oracle HCM Cloud enables workers to be managed collectively, promoting engagement, collaboration and productivity. Location based access allows workers to use their own devices when they are in proximity of the organisation’s network for ease of use and adherence to compliance protocols. As the use of contingent workers grow, it is important to provide them with learning, career development and meaningful work experiences in the same ways as other workers. Skill/experience libraries help organisations to manage technical skills, competencies, capabilities, values and experiences consistently for all workers, providing a framework that promotes a common language of talent and the ability to define jobs, roles, job families and other work criteria.
Talent profiles can be constructed and populated with rigor to enable talent dashboards that glean insights into the capabilities of the workforce, helping to personalise targeted and embedded learning for each employee. AI then maps people for fit approximation by using data in job/position profiles and workers’ talent profiles.
Primary Enabling Modules: Global HR, Workforce Management, Talent Management, Workforce Predictions, Workforce Modeling
Oracle HCM Cloud helps engage today’s workforce with conversational experiences, using their interaction channel of choice, such as digital and voice assistants, and SMS text, making it simple and intuitive to get their HR tasks done. Personalisations enable employees to bring their “full self” to work by focusing relevant data in their directory and talent profile, publishing their non-work interests and hobbies, and making it easier to connect with peers and opportunities that are related through volunteering, mentoring and learning communities.
Enabling collaboration through cascaded goals, goal sharing, anytime feedback and matrix management can help teams become high performing and transparent. Survey capabilities allow for pulse feedback, engagement feedback, as well as stay interview and exit interviews, enabling organisations to gain powerful insights into how the organisation is doing and how the organisation can improve in the future.
Primary Enabling Modules: Talent Management, Global HR, Work Life Solutions
Talent profiles and directory-driven platforms help organisations find talent and people find each other. Employees can advance their careers through embedded learning, career planning and consumer grade nudging to make them aware of jobs and opportunities that may be of interest to them. Learning communities enhance career development and on-the-job productivity by generating learning opportunities that aren’t one way. In a connected environment employees are able to request mentors, learn new skills or take on new roles.
Primary Enabling Modules: Workforce Predictions, Workforce Modeling, Talent Management, Work Life Solutions
Deloitte's annual Global Human Capital Trends report examines the ever-evolving human capital landscape. The Financial Services industry is facing pressure from increased oversight, merger and acquisition activity and the digitisation of the consumer experience. These industry trends are causing many companies to examine their internal talent, organisation structures and drive new ways to deliver business solutions. Learn more from the 2019 Deloitte Global Human Capital Trends A Financial Services Perspective.
The complete Global Human Capital Trends 2019 report, along with additional archived editions can be found on Deloitte Insights.
Does your organisation sustain feelings of belonging and connection at the right time for all humans in your digital ecosystem? Imagine human need driving your innovation now with Oracle applications and technology. Learn more at www2.deloitte.com/oracle.
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