Top Banner
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | Retooling HR to Keep Pace with Changes in Business
18

Retooling HR To Keep Up With The Pace Of Change In Business

Apr 16, 2017

Download

Recruiting & HR

Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Retooling HR To Keep Up With The Pace Of Change In Business

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Retooling HR to Keep Pace with Changes in Business

Page 2: Retooling HR To Keep Up With The Pace Of Change In Business

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal 2

Speakers

Erica Volini Principal, HR Transformation Leader, Deloitte Consulting

Anje Dodson Vice President, Talent, Technology and Operations, Oracle

Cara Capretta Vice President, HR Transformation, Oracle

Page 3: Retooling HR To Keep Up With The Pace Of Change In Business

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Today’s Agenda

• Deloitte’s Human Capital Trends 2015 Report

• Major Talent Trends Impacting Business

• Retooling HR to Keep Pace With The Changes In Business

• Case Study: Oracle’s HR Journey to the Cloud

• Q & A

3

Page 4: Retooling HR To Keep Up With The Pace Of Change In Business

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Global Human Capital Trends 2015

3,300+ Business and HR

leaders

106 countries

One of the largest-ever longitudinal global talent studies

Page 5: Retooling HR To Keep Up With The Pace Of Change In Business

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Simplifying Work

Machines As Talent

People Data Everywhere

63

55

50

Reinventing HR

Workforce Capability

Performance Management

HR & People Analytics

70

68

66

71

Culture & Engagement

Leadership

Learning & Development

78

78

74

% V E R Y I M P O R T AN T

50%

51%

40%

39%

0 10 20 30 40 50 60 70 80 90 100

35%

34%

29%

26%

20%

14%

10 Human Capital Trends For 2015

Page 6: Retooling HR To Keep Up With The Pace Of Change In Business

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

HR is Not

Keeping Up

HR capabilities

Simplifying Work

Learning and

development

Performance Management

Reinventing HR

HR & people Analytics

Culture and Engagement

Leadership

-26 -28

-29 -30

-31

-31

-36

Business needs

Global Economic Growth

Page 7: Retooling HR To Keep Up With The Pace Of Change In Business

Today’s Top Global Talent Issues : A Focus on Culture and Engagement

Page 8: Retooling HR To Keep Up With The Pace Of Change In Business

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Culture and Engagement

talent issue

Create meaningful

work, deep

engagement,

and job fit

#1Global

say the problem

is “very

important”– double

the 2014

percentage

50%

Page 9: Retooling HR To Keep Up With The Pace Of Change In Business

How Can HR Adapt To Address These Talent Issues?

Page 10: Retooling HR To Keep Up With The Pace Of Change In Business

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Reinventing HR

Align HR

capabilities

with business

goals

HR is being

redefined

as an enabler

and builder

of talent

see an urgent

need to

reskill the

HR function

39%

Page 11: Retooling HR To Keep Up With The Pace Of Change In Business

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 11

“Strategic talent management is no longer a nice-to-have investment….it's a key driver of business success and financial performance. In fact, it's the number one issue for CEOs today. Many companies know more about their laptops than they do their people.” - Mark Hurd CEO, Oracle Corp

Page 12: Retooling HR To Keep Up With The Pace Of Change In Business

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

The Landscape a Decade Ago…

Increasing complexity Rapid growth Market pressures Regulatory demands

Disparate systems Global expansion Need to increase capacity Fundamentals matter Margins & efficiencies Data privacy issues Compliance & reporting

Single source of truth Shared Services Centers, Self Service, Automation Accelerate hiring, on boarding and development Consistent and efficient processes and practices

Our Reality Our HR Agenda Our CEO

12

Page 13: Retooling HR To Keep Up With The Pace Of Change In Business

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Today’s Business Landscape

Global integration Diversified talent markets Mobile mindset Social economy

Grow, innovate and save Retain expertise, skill shortages Get answers on demand Integrate resources Gain customer insight, speed innovation and issue resolution

Enable X-geo, X-function, virtual collaboration Reinvent career paths Personalized solutions Boost productivity 24/7 Talent info at finger tips Collective intelligence Tap social insights

The New Reality Our HR Agenda Our CEO

13

Page 14: Retooling HR To Keep Up With The Pace Of Change In Business

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Critical Dimensions of Strategic HR

COLLABORATIVE MOBILE

INSIGHTFUL TALENT-CENTRIC

14

Organizational Effectiveness

Talent Management

HR Analytics

Page 15: Retooling HR To Keep Up With The Pace Of Change In Business

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

HR’s Call to Action

Page 16: Retooling HR To Keep Up With The Pace Of Change In Business

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | 16

HR Effectiveness Competency Model

• Interpreting global business context

• Decoding customer expectations

• Co-crafting a strategic agenda

Strategic Positioner Credible Activist

Change Champion Human Resource Innovator &

Integrator

Capability Builder

Technology Proponent

• Initiating change

• Sustaining change

• Earning trust through results

• Influencing and relating to others

• Improving through self- awareness

• Shaping the HR profession

• Capitalizing organizational capability

• Aligning strategy, culture, practices and behavior

• Creating a meaningful work environment

• Improving human capital through workforce planning and analytics

• Developing talent

• Shaping organization and communication practices

• Driving performance

• Improving utility of HR operations

• Connecting people through technology

• Leveraging social media tools

Page 17: Retooling HR To Keep Up With The Pace Of Change In Business

Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |

Deloitte & Oracle: Inviting You to Engage

OCTOBER 25-29, 2015 SAN FRANCISCO

Follow Us On Twitter! @CaraCapretta

@DeloitteTalent @oraclehcm

APRIL 5-7, 2016

CHICAGO | HYATT

REGENCY

Page 18: Retooling HR To Keep Up With The Pace Of Change In Business

THANK YOU!