In this white paper, we explain the process of defining and using competency models to jumpstart talent management initiatives as part of a Human Capital Management (HCM) strategy, and how software tools can automate these processes.
The multigenerational workforce, compliance requirements, and new technologies are the top trends affecting human capital management today. This white paper explores the need for HR leaders to develop new strategies for managing the increasingly diverse workforce, and the role workforce management technology and HCM tools will play in its success.
Every organization strives for a workforce that is engaged, inspired, and motivated to perform at its best day in and day out. But what is the reality?
According to Gallup, only 13 percent of all employees worldwide today are engaged in their jobs — an alarming statistic given the importance of the workforce in fueling growth and meeting other key enterprise goals. Employees are typically an organization’s most vital (and expensive) asset, and when they are disengaged and/or disenfranchised, the ripple effects across the business can impact your profitability and branding.
In fact, each employee generation — and each individual — has unique needs and expectations regarding work. So how do you engage and inspire them? It requires a creative and differentiated approach that accounts for the unique characteristics and requirements of each generation.
Fortunately, new human capital management (HCM) technologies are available today that can help you optimize employee engagement across a
An estimated 75% of voluntary employee turnover is influenced by managers’ behavior. Translation? Employees aren‘t quitting their jobs—they’re quitting their bosses. That’s bad news for organizations planning for innovation, succession, and market longevity.
Want to learn more? Start with the free white paper from Cornerstone OnDemand.
Today, business process automation is a critical strategy used to transform organizations and strengthen bottom-line results. At the front of this movement, human resource leaders are embracing automation to transform every aspect of their company's workforce management, from payroll to core HR to strategic talent management. For HR leaders who are considering automation to transform their people management processes, a crucial step in the early project-planning phase should include gaining a full understanding of the significant advantages offered from true cloud technology. Additionally, those organizations already using automated solutions via on-premise software will want to weigh out the options of switching to cloud delivery for greater efficiency.
By analyzing and reporting on the full range of human capital management (HCM) data, business intelligence (BI) uncovers the insights executives need for smarter staffing, planning, and budgeting decisions.
With the right metrics, HR can not only deliver additional value, savings, and increased productivity to the business, but also can more clearly articulate to the CEO and executive team the vital role HR plays in business success.
Forward-thinking HR teams have quickly realized the way to elevate HR's strategic capabilities and their business to its maximum potential is to go beyond the adoption of reporting applications and recognize the importance of building a sophisticated, cohesive business intelligence infrastructure.
Used to its greatest advantage, this type of comprehensive business intelligence--easily accessed and delivered rapidly--can prove to be a major differentiator for your business, one that can also transform HR managers to HCM strategists. This paper will show you how.
Human capital management solutions can help organizations meet the challenges of managing multiple generations. Learn about HCM strategies such as using mobile technology to optimize communication; offering flexible working hours for work-life balance; managing employee absences for stronger compliance, cost control, and employee well-being; and using analytics for workforce insights.
It’s time to think more strategically about your entire workforce. Learn the benefits of a unified approach to HCM and workforce management.
In today’s competitive and rapidly changing business environment, sustained success requires a total HCM strategy that focuses on managing, engaging, and retaining your entire workforce — both hourly and salaried employees alike. It also requires a single, unified technology platform that enables managers to successfully execute on that holistic strategy for improved operational efficiency, higher employee engagement, and better business outcomes.
Read the e-book for best-practice advice and valuable insights into the shared future of HCM and workforce management, including:
Where early attempts to bring together HCM and workforce management fell short of expectations
Why you need an integrated HCM and workforce management technology platform to gain complete visibility into your entire workforce and drive better decisions
How a holi
Engaging Employees through a Unified Platform
Learn how simplifying processes with a unified HCM solution can help you better manage all employees and remove barriers to optimal engagement.
An engaged workforce is satisfied and productive. To make this a reality for your organization, you need a human capital strategy that can help you think strategically about managing, engaging, and retaining your entire workforce.
However, in many cases, the systems that manage human capital alienate rather than engage both employees and managers — making it challenging, for example, to easily access schedules or paystubs without having to call HR or do self-service assessments of career path options.
Implementing an effective HCM strategy supported by the right workforce technology can save your organization time and resources, improve the management of your people-related processes, and drive greater employee engagement.
Published By: Workday
Published Date: Jan 16, 2018
Join an all-star panel of industry analysts as they examine Workday, our products, and our position in the market. Here’s your chance to go inside the minds of experts and see why they think Workday is a leader in the market.
Published By: Workday
Published Date: Feb 27, 2018
HCM suites and their individual applications also provide reporting and data as needed by local and international regulations, and often include analytics and dashboard capabilities. Transactional employee and manager self-service have become embedded roles within these solutions, and the ability to support mobile access has also become a fundamental part of these offerings. With increasing frequency, we see the inclusion of tools and applications embedded within HCM technologies to infuse traditional processes with collaboration, and capitalize on approaches that leverage social channels in the workplace to enhance overall user engagement and productivity.
Your global organization’s network of human capital management (HCM)
platforms is the nerve center of your entire enterprise.
But passing data back and forth between disparate HCM systems has never
exactly been easy. So your HR, payroll, talent, benefits and time and
attendance systems, often specific to regions and countries, fire futilely
across data synapses that in real-world terms leave you blind to the true
state of your business.
HCM suite vendors are building out their offerings to address administrative, strategic and operational needs of users in multiple geographies, but solutions still vary. HR IT leaders should use this research to identify best-fit vendors based on their own critical product and service/support needs.
Gartner’s Critical Capabilities for Human Capital Management (HCM) evaluates solutions in the context of specific, important use cases and provides a comparative analysis. SAP SuccessFactors received highest use case scores for Core HR+Talent HCM Suites for Larger Global Org and European HQ’d Midmarket HCM Suite.
This IDC Vendor Profile describes FinancialForce.com, a cloud applications company with financial management, ordering and billing, human capital management (HCM), professional services
automation (PSA), and supply chain management (SCM)
solutions built on the Salesforce1 platform and a 36-year heritage of building financial management solutions at UNIT4 (the former Agresso and CODA products). FinancialForce.com's accounting solution, launched in 2008 as CODA 2go, was the
first on - demand financial system built entirely on the
Salesforce1 Platform. Backed by Technology Crossover Ventures, Advent International, Salesforce Ventures, and UNIT4, FinancialForce.com's applications continue to be the leading finance and professional services solutions available as native Salesforce1 applications on the AppExchange.
Explore this e-book to find out how blending formal and informal learning via collaboration can help your organization in the following areas:
Overcoming the Economics of Learning
Creating a Culture of Learning
Enhancing Employee Engagement
Ultimate Software is a leading cloud provider of comprehensive human capital management (HCM) solutions in a Software as a Service (SaaS) model to more than 2,800 customers with employees in 150 countries. “Storage has always been Ultimate’s biggest technology challenge" according to Senior Director of Cloud Operations, Steven May. The company’s storage goals revolve around managing growth while combining the economics of leveraging shared resources on demand with the performance and predictability of dedicated infrastructure. Seeking high IOPS performance, fault tolerance, and scalability, along with a high availability solution that supports both VMware and OpenStack, Ultimate's search led them to SolidFire.
This e-book draws on the insights of independent researchers, Oracle Human Capital Management (HCM) product and industry experts, and Oracle HCM customers. It aims to provide both inspiration and practical roadmaps to simplify workforce management, build the best talent, and help HR leadership make a major contribution to their companies’ overall success.