Five skills and competencies providers partner with Oracle
May 15 2005 - Oracle has partnered with five leading skills and competencies providers
to help customers better manage their talent. Working with Cubiks, Exxceed, Human Asset
Technologies, InScope and ITG Competency Group, all members of the OracleŽ PartnerNetwork,
Oracle has streamlined the integration process between Oracle Human Resource Management
Systems (HRMS) and the partners' skills and competency dictionaries.
Customers using Oracle HRMS and a partner's competency dictionary will be able to leverage
the new integration to speed the set-up process, which now takes minutes instead of the
previous duration of two months to 24 months. End users can upload the dictionaries with
the Oracle Web Application Desktop Integrator tool, whereas before, loading the content
would have been performed as a piecemeal integration project.
"Companies have a wealth of talent, but need better processes to identify employee skills
and competencies," said Joel Summers, senior vice president, Oracle HRMS. "This requirement
is becoming an increasingly important, time-critical driver for many organizations that are
aligning their workforce talent with organization objectives. Due to time pressures and
the need for a specialist approach, integration of competency dictionaries from
acknowledged experts allows customers to quickly identify hidden employee skills and then
redeploy staff accordingly."
Organizations have reaped benefits from basic HR function automation, such as payroll,
benefits, and time and attendance. However, progressive companies are looking at
broadening technology's role in HR operations to automate employee assessments and
performance management elements instead of static spreadsheets and out-of-date physical
competency dictionaries.
"Managing human capital at the enterprise level may well be the next and
best opportunity organizations have to create a sustained competitive advantage," said
Cliff Hallberg, managing principal, ITG Competency Group. "However, just as 'all politics
is local,' so ultimately is staff development. The Oracle competency management
functionality offers clients a way to link individual staff development to corporate goals
and objectives."
As companies continue to seek a competitive edge through employing the brightest talent
and developing the most promising of their employees, they need a standardized method for
evaluating skills and competencies throughout the global enterprise. Oracle created the
integration link between select skills and competency providers to streamline how
organizations recruit, motivate and redeploy staff to boost employee retention rates
and productivity. Oracle's new partnerships will help customers identify key competencies
in employees and align staff to create agile workforces.
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