New solution within Oracle Cloud HCM helps
leadership teams maximize talent potential and align upskilling
with business priorities
AUSTIN,
Texas, May 8, 2024 /PRNewswire/ -- Oracle
today announced a new AI-powered upskilling solution within Oracle
Grow, part of the Oracle ME employee experience platform within
Oracle Fusion Cloud Human Capital Management (HCM). Oracle Grow for
Business Leaders supports employee development and strengthens
organizational agility by helping business leaders quickly develop,
upskill, and empower their teams to better achieve business
outcomes.
"Today's fast-paced market has created a continuously moving
target around business outcomes and the skills needed to achieve
them. To maximize talent potential and business success in this
environment, business leaders need the tools to upskill their teams
quickly and efficiently," said Chris
Leone, executive vice president, applications development,
Oracle. "Oracle Grow for Business Leaders addresses this need and
gives business leaders the ability to find the right people and
successfully align skills and business strategy."
Oracle Grow for Business Leaders connects all talent information
from across the enterprise to provide leaders with a unified
solution to effectively support skills development, maximize
employee growth, and improve business success. The new AI-powered
upskilling solution includes:
- Leadership-Driven Role Guides: Helps business leaders
ensure critical needs are met with the right talent and skills by
creating prescriptive guides that give employees clear guidance to
align themselves with strategic outcomes. The new guides leverage
AI-powered skills recommendations and generative AI capabilities to
help leaders quickly detail the purpose and goals of the strategic
roles and identify the necessary resources to help employees
achieve success in each role, such as training, required reading,
or mentors.
- Centralized Leader Dashboard: Improves business leader
agility with real-time visibility into development progress against
role guides, specific skills and qualifications, and the overall
skills of their business. The new dashboard leverages AI-powered
insights from across the suite to help leaders proactively track
skills progression by department, business unit, position, or
person; identify emerging gaps; and monitor the organization's
progress in meeting business outcomes.
- Enhanced Workforce Transparency for Strategic
Roles: Enables business leaders to better help employees
grow and develop their careers by incorporating role guides
directly within an individual's personalized Oracle Grow feed. This
gives employees full transparency into the expectations from their
leadership and delivers AI-powered recommendations on specific
tasks, skills, and training needed to meet key business needs.
- Innovative Internal Mobility: Enables business leaders
to maximize internal mobility and discover the right talent faster
by incorporating role guides into Opportunity Marketplace, an
internal talent marketplace within Oracle Cloud HCM. The new
addition leverages AI-powered recommendations to go beyond standard
internal job or project postings and helps employees discover new
career path opportunities while giving business leaders the
visibility they need to find the right talent and skills within
their team or the broader organization.
- Skills Aggregation Platform: Accelerates an
organization's adoption of skills-based talent practices through
the Oracle Dynamic Skills Platform, a robust skills aggregation
platform that enables a single skills infrastructure fully unified
with people and work data wherever it exists. Directly embedded in
Oracle Grow, Oracle Dynamic Skills Platform provides an extensive
library of seeded skills, consolidates an organization's existing
or third-party skills data, and delivers AI-driven recommendations
to power talent intelligence, experiences, and practices.
"With the demand for new skills evolving at such a rapid pace,
organizations need to reevaluate their upskilling strategies in
order to meet key business goals," said Trish Steed, CEO and principal analyst, H3 HR
Advisors. "Oracle has proven investments in the skills marketplace,
and with the introduction of Oracle Grow for Business Leaders, they
are now delivering a truly complete upskilling solution for
employees, business leaders, and HR professionals. Powered by AI
and machine learning capabilities, this new solution is making
talent management more simple, efficient, and effective."
Oracle Grow dynamically connects learning, skills growth, and
career mobility in one hyper-personalized development experience.
The addition of Oracle Grow for Business Leaders further drives
employee and business growth by empowering employees to maximize
their potential and helping leaders align upskilling with business
outcomes. It also empowers HR with unparalleled insights into the
supply and demand of skills and development resources across the
enterprise, to strengthen people initiatives, optimize workforce
investments, and improve business outcomes.
Built for the cloud, Oracle Cloud HCM is a complete solution
connecting every human resource process from hire to retire across
an organization with a native employee experience platform. By
connecting all employee data on a single platform, HR teams have
access to a single source of truth to help inform their people
strategy. In addition, built-in AI acts as an advisor to help
analyze workforce data, generate content, and surface
recommendations and critical insights to help improve business
operations.
To learn more about Oracle Cloud HCM, please visit:
oracle.com/human-capital-management
About Oracle
Oracle offers integrated suites of applications plus secure,
autonomous infrastructure in the Oracle Cloud. For more information
about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
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Oracle Corporation. NetSuite was the first cloud company—ushering
in the new era of cloud computing.
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SOURCE Oracle