Oracle Helps HR Teams Nurture Talent and Optimize Workforce Performance
Oracle has unveiled a new open skills architecture within Oracle Dynamic Skills, part of Oracle Fusion Cloud Human Capital Management (HCM). This enhancement aims to help organizations develop and execute a skills-based talent strategy, offering improved insights and data-driven decisions for workforce optimization. Key features include:
1. AI-powered bespoke skills inventory
2. AI-powered data enrichment
3. Pre-populated skills library
4. Skills data analysis tools
5. Integrated skills intelligence
6. Skills curation and management
7. Multiple language support
These capabilities are designed to help HR leaders gain a comprehensive view of their organization's skills, align talent with business priorities, and enhance workforce performance in a rapidly evolving job market.
Oracle ha presentato una nuova architettura open skills all'interno di Oracle Dynamic Skills, parte di Oracle Fusion Cloud Human Capital Management (HCM). Questo miglioramento mira ad aiutare le organizzazioni a sviluppare e attuare una strategia talentuale basata sulle competenze, offrendo migliori approfondimenti e decisioni basate sui dati per l'ottimizzazione della forza lavoro. Le caratteristiche principali includono:
1. Inventario di competenze personalizzato e potenziato dall'IA
2. Arricchimento dei dati potenziato dall'IA
3. Libreria di competenze precompilata
4. Strumenti di analisi dei dati delle competenze
5. Intelligenza integrata sulle competenze
6. Curazione e gestione delle competenze
7. Supporto multilingue
Queste capacità sono progettate per aiutare i leader HR a ottenere una visione completa delle competenze della loro organizzazione, allineare i talenti con le priorità aziendali e migliorare le prestazioni della forza lavoro in un mercato del lavoro in rapida evoluzione.
Oracle ha presentado una nueva arquitectura de habilidades abiertas dentro de Oracle Dynamic Skills, que forma parte de Oracle Fusion Cloud Human Capital Management (HCM). Esta mejora tiene como objetivo ayudar a las organizaciones a desarrollar y ejecutar una estrategia de talento basada en habilidades, ofreciendo mejores conocimientos y decisiones basadas en datos para la optimización de la fuerza laboral. Las características clave incluyen:
1. Inventario de habilidades personalizado impulsado por IA
2. Enriquecimiento de datos impulsado por IA
3. Biblioteca de habilidades precompletada
4. Herramientas de análisis de datos de habilidades
5. Inteligencia de habilidades integrada
6. Curación y gestión de habilidades
7. Soporte multilingüe
Estas capacidades están diseñadas para ayudar a los líderes de recursos humanos a obtener una visión completa de las habilidades de su organización, alinear el talento con las prioridades empresariales y mejorar el rendimiento de la fuerza laboral en un mercado laboral en rápida evolución.
오라클은 Oracle Dynamic Skills 내에 새로운 오픈 스킬 아키텍처를 공개했습니다. 이는 Oracle Fusion Cloud Human Capital Management(HCM)의 일부입니다. 이 개선은 조직이 기술 기반 인재 전략을 개발하고 실행하는 데 도움을 주며, 인력을 최적화하기 위해 향상된 통찰력과 데이터 기반 결정을 제공합니다. 주요 기능은 다음과 같습니다:
1. AI 기반 맞춤형 기술 인벤토리
2. AI 기반 데이터 강화
3. 미리 채워진 기술 라이브러리
4. 기술 데이터 분석 도구
5. 통합된 기술 인텔리전스
6. 기술 큐레이션 및 관리
7. 다국어 지원
이러한 기능은 HR 리더들이 조직의 기술을 포괄적으로 파악하고, 우선 순위에 따라 인재를 정렬하며, 급변하는 노동 시장에서 근로 성과를 향상시키도록 설계되었습니다.
Oracle a dévoilé une nouvelle architecture de compétences ouvertes au sein d'Oracle Dynamic Skills, qui fait partie d'Oracle Fusion Cloud Human Capital Management (HCM). Cette amélioration vise à aider les organisations à développer et à exécuter une stratégie de talent axée sur les compétences, offrant ainsi des informations améliorées et des décisions basées sur les données pour l'optimisation de la main-d'œuvre. Les principales caractéristiques incluent :
1. Inventaire des compétences sur mesure alimenté par l'IA
2. Enrichissement de données alimenté par l'IA
3. Bibliothèque de compétences préremplie
4. Outils d'analyse des données de compétences
5. Intelligence des compétences intégrée
6. Curation et gestion des compétences
7. Support multilingue
Ces capacités sont conçues pour aider les dirigeants RH à obtenir une vue d'ensemble des compétences de leur organisation, à aligner les talents sur les priorités commerciales et à améliorer la performance de la main-d'œuvre dans un marché de l'emploi en évolution rapide.
Oracle hat eine neue offene Fähigkeiten-Architektur innerhalb von Oracle Dynamic Skills vorgestellt, die Teil des Oracle Fusion Cloud Human Capital Management (HCM) ist. Diese Verbesserung zielt darauf ab, Organisationen bei der Entwicklung und Umsetzung einer kompetenzbasierten Talentstrategie zu helfen und bietet verbesserte Einblicke und datengestützte Entscheidungen zur Optimierung der Belegschaft. Zu den Hauptfunktionen gehören:
1. KI-unterstütztes maßgeschneidertes Fähigkeiteninventar
2. KI-gestützte Datenanreicherung
3. Vorab ausgefüllte Fähigkeitenbibliothek
4. Analysetools für Daten zu Fähigkeiten
5. Integrierte Fähigkeitenintelligenz
6. Fähigkeiten-Kuration und -Management
7. Unterstützung mehrerer Sprachen
Diese Funktionen sind darauf ausgelegt, HR-Leitern zu helfen, einen umfassenden Überblick über die Fähigkeiten ihrer Organisation zu erhalten, Talente mit den Unternehmensprioritäten in Einklang zu bringen und die Leistung der Belegschaft in einem sich schnell entwickelnden Arbeitsmarkt zu verbessern.
- Introduction of new open skills architecture within Oracle Dynamic Skills
- AI-powered features for skills inventory and data enrichment
- Pre-populated skills library to accelerate adoption of skills-based talent strategy
- Integration with third-party skills data and labor market analytics
- Support for 30 languages to enhance global workforce insights
- None.
Insights
Oracle's new open skills architecture in Oracle Dynamic Skills marks a significant advancement in HR tech. It addresses a critical need in the market for comprehensive skills management solutions. The AI-powered bespoke skills inventory and data enrichment features are particularly noteworthy, offering potential for more accurate talent insights and alignment with business priorities.
The integration of third-party data, such as from Lightcast, adds depth to the platform's analytical capabilities. This could provide organizations with a competitive edge in talent acquisition and development. However, the real test will be in the implementation and adoption by HR teams, as well as the accuracy and relevance of the AI-generated insights.
While promising, organizations should carefully consider their readiness for such a comprehensive skills-based approach and the potential challenges in data integration and change management.
Oracle's new capabilities in Cloud HCM represent a strategic shift towards skills-based talent management. This approach can potentially transform how organizations view and utilize their human capital. The ability to create a dynamic, AI-updated skills inventory could significantly enhance workforce planning and development strategies.
The multi-language support and global applicability of the platform are important for multinational corporations. However, the success of this system heavily depends on the quality of initial data input and ongoing maintenance. Organizations must be prepared to invest time and resources in proper implementation and continuous refinement of their skills data.
While this technology offers promising benefits, it's important to balance data-driven decisions with human judgment to avoid over-reliance on AI-generated insights in sensitive HR matters.
New capabilities within Oracle Cloud HCM help organizations execute a skills-based talent strategy to expand insights, build talent pipeline, and enhance workforce decision-making
"Skills are quickly becoming the primary metric to understanding the capabilities of an organization. Having a skills-based talent strategy can help an organization uncover critical work and workforce insights, tap into more diverse talent, and maximize performance. But many organizations don't know where to start in their skills journey," said Yvette Cameron, senior vice president, global product strategy, Oracle Cloud HCM. "With Oracle Dynamic Skills, we are making it easy for our customers to manage their skills data – whether they are just getting started on their skills journey or looking to enhance their existing skills data. By providing the intelligence, applications, and architecture, we enable our customers to better align their skills with business priorities, optimize their workforce, and future-proof their organization in a rapidly evolving job market."
Oracle Dynamic Skills enables organizations to manage skills data at its core, alongside its work and people data, for improved insights and data-driven decisions. With a complete view of skills woven into processes across the enterprise, an organization can optimize its workforce performance by making better internal hires, fostering career development, enhancing planning and budgeting, improving skills-based scheduling, and developing highly skilled employees aligned with business needs. The new open skills architecture within Oracle Dynamic Skills includes:
- AI-powered bespoke skills inventory: Enables HR leaders to gain a complete catalog of their organization's skills that can be modified or refined, and is always kept up to date. As a result, HR leaders can help their organization enhance the speed and accuracy of skills insights by improving data consistency and relevance.
- AI-powered data enrichment: Enables HR leaders to combine enriched skills data with data from across the enterprise and third-party sources. As a result, HR leaders can help their organization gain more value from the tools and data they already have, and benefit from AI features that expand skills insights to better align talent with business priorities.
- Skills library: Enables HR leaders to jumpstart their skills journey with an extensive pre-populated skills library to augment existing skills data or serve as a starting point. As a result, HR leaders can help their organization accelerate adoption of a skills-based talent strategy and improve workforce decision-making.
- Skills data analysis: Enables HR leaders to analyze their workforce's skills strengths, gaps, and trends with flexible and easy-to-use business intelligence tools. As a result, HR leaders can help their organization nurture the right skills and quickly fill skills gaps.
- Integrated skills intelligence: Enables HR leaders to seamlessly leverage third-party skills data and labor market analytics, such as those from Lightcast, a provider of trusted global labor market data, analytics, and expert guidance. As a result, HR leaders can help their organization expand insights and make more informed talent decisions.
- Skills curation and management: Enables HR leaders to browse, add, and modify skills with intuitive tools to further refine and personalize their skills library. As a result, HR leaders can help their organization better manage and define their skills needs.
- Multiple language support: Enables HR leaders to engage with skills data in any of the 30 delivered languages, as well as translate skills data in additional languages as needed for their global organization. As a result, HR leaders can help their organization adopt workforce insights across its entire global operations and further enhance workforce performance.
"Building a strong skills foundation is a top priority for us at Navy Federal Credit Union. As the way we work – and the skills needed to do so – continues to rapidly evolve, it's important that we have visibility into our organization's skills so that we can easily identify specific skills needs, maximize workforce performance, and continue delivering exceptional service to our members," said Kandi Thomas, senior technical program manager, Navy Federal Credit Union. "With Oracle Dynamic Skills, we'll be able to better understand and leverage the skills of our organization, gain critical workforce insights, and make more informed talent decisions. We are eager to take advantage of the new capabilities being introduced."
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 and embedded AI capabilities. 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, embedded AI acts as an advisor to help analyze workforce data, generate content, and augment or automate processes to help improve business operations.
To learn more about Oracle Cloud HCM, please visit: oracle.com/human-capital-management.
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