hr in the age of digital disruption. oracle's modern business summit, day 2 - coffee break cut
TRANSCRIPT
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Modern Business Summit - Coffee Break CutDay 2: Human Resources in the Cloud
HR in the age of digital disruption
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The digital world is evolving at an incredible pace, driven by emerging
consumer trends – and these changes are being felt acutely in businesses
everywhere.
While CIOs have scrambled to update systems and processes for many
other parts of their organisations, HR has often been left behind, relying not
only on old technology but outdated ways of thinking.
In this digital age employees expect simpler, faster, more flexible and more
mobile ways of working. It’s vital that HR departments are poised to adapt
to these demands if they’re to keep attracting, engaging and retaining the
best talent.
Stewart Monk,
UK Sales Director, HCM, Oracle
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Digital changes
everything.Stewart Monk, UK Sales Director, HCM, Oracle
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We’re approaching the death of the
office as we know it. You’re not working
in the office – you’re on phones or
tablets at the very start of your
commute.
The world of work has grown
exponentially beyond the physical office.
Stewart Monk, UK Sales Director, HCM, Oracle
Work is no longer just confined to the office
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How do we determine the organisations that are
successful from those that will disappear?
3 key things:
•An ability to make information available
•Simple and engaging processes that are elegant
and make you want to use them
•They engender a collaborative environment that
creates a real buzz around their product
Caroline Gladwin, Master Principal Sales Consultant, HCM, Oracle
Which creates huge potential for your business
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The most important thing is the
conversation that happens between
two human beings – and that’s not
helped by one rating the other.
We don’t want to stress people out,
we want to create insights.
Dr. Jacqui Grey, Managing Director Europe,
The NeuroLeadership Institute
But only if you listen to the needs of your staff
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Social sourcing is really important to us. We
got a lot of referrals in the past from our
employees – make it even easier for them to
do that. The way the social sourcing tool links
with LinkedIn, Facebook and Twitter can
actually generate some suggestions from
their network makes it so easy.
Matt Keen, Group Head of People and Organisation Effectiveness, Endava
Remember they can help you attract new talent too
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Today, we’re living in a 21st century economy
which is all service driven. The companies
that win are those who are focusing on taking
care of their employees, hoping in turn that
those employees will take care of their
customers.
Robert Cortenraad, VP Human Resources, Oracle
So start thinking of HR as a service
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If we look at organisations that really stand out
and are consistently rated highly for delivering
good service, it might not be a coincidence that
they also perform highly in their sectors as
good places to work.
Andy Camelford, HCM Sales Consulting Director, Oracle
Because happy teams make happy customers
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If you’re taking into account the
needs of customers but not your
employees, it’s a little like driving
100 miles an hour in second gear.
It’s going to limit your growth.
Peter Flade, Managing Partner, Gallup
Engaged employees matter
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For every engaged employee worldwide, there
are two actively disengaged. In fact, 1 in 4
employees in the UK are actively disengaged.
The complete lack of a performance culture is
one of the things that leads to employee
disengagement.
Peter Flade, Managing Partner, Gallup
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Consider people who are engaged, what they
do in 4 days it takes people in the bottom
quartile of engagement 5 days to do.
That’s a 45 day differential in their productivity
over the course of a year.
Peter Flade, Managing Partner, Gallup
And disengaged staff can actually
damage your business
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Neuroscience would say good practice in performance
management is a good thing. But bad practice is worse
than not doing it.
Dr. Jacqui Grey, Managing Director Europe, The NeuroLeadership Institute
By all means foster a performance
culture, but build it carefully
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86% of employees are not happy with their firm’s
performance management system.
59% of employee feedback does nothing or makes
things worse.
There’s a line of courage that needs to be stepped
over to move from rankings and ratings – from judging
others to coaching.
Dr. Jacqui Grey, Managing Director Europe, The NeuroLeadership Institute
Your current approach may need a rethink
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In a study, those who had a bad manager
had a 30% higher chance of experiencing
a heart attack.
It’s probably fair to say that who your
manager is, is more important for your
health than who your GP is.
Peter Flade, Managing Partner, Gallup
For the health of your business, and your employees
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The estimated skills gap is around
60m in highly skilled workers in 5
years time.
The war for talent is very real.
Stewart Monk, UK Sales Director, HCM, Oracle
The market for new talent is growing more competitive
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Technology is constantly evolving, and
with the cloud you can always have the
latest, state of the art tech – it’s key if you
want to attract new employees.
Robert Cortenraad, VP Human Resources, Oracle
And tech is a sticking point – so remain agile
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We’re all bringing our consumer
experiences with us into work, and it’s
changing our expectations.
We expect even HR solutions to be
quick and easy to get into – and simple
to use and constantly upgrading.
Caroline Gladwin, Master Principal Sales Consultant, HCM, Oracle
Consumer trends are setting the pace
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Consumer applications are constantly
changing. They’re always available,
simple, and you have an expectation
that they’re always going to be there –
and they’ll always work. It’s that
component of constant innovation. Is
that the relationship you have with your
HR solution today?
Stewart Monk, UK Sales Director, HCM, Oracle
And HR solutions must keep up
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Seize the opportunity
to innovate
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In a survey by PwC of HR practitioners in
the US, asking why they’re moving to the
cloud, the #1 answer was because HR in
the cloud helps boost innovation.
Robert Cortenraad, VP Human Resources, Oracle
The cloud can enable innovation
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If you go to a CIO and ask what the top 10 most
important applications to their organisation are,
unfortunately HR will not often be there. It means
HR are always on the back foot, waiting for the
most up-to-date innovations.
The cloud can change all that.
Stewart Monk, UK Sales Director, HCM, Oracle
But it’s up to HR departments to drive the change forward
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The cloud gives us the flexibility to
change things very, very quickly. If
we were using a traditional system
then we wouldn’t have that
adaptability. For us that’s crucial.
Rosemary Hodgson, HR Lead,
Cheshire West and Chester Council
To reap the rewards
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Oracle has made over 100 acquisitions
since 2005 – with 60,000 people added. It
was critical to engage with all these people
and try to retain them. With so many people
onboarded – not only those acquired – it
was essential we had the technology to do
that.
Robert Cortenraad, VP Human Resources, Oracle
And to realise the full potential they’ve unleashed
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When you go through a global
transformation, or roll out any employee
programme, if you don’t know where
your staff are around the world – it
makes it very difficult.
Stephen Cohen, Head of Business Support Solution,
Macmillan Science and Education
To be a global business, you need a global view
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Our recruitment processes need to reflect the type of
organisation we want to be – and also reflect what other
organisations are doing too… rather than getting left behind
we wanted to make sure we were at the forefront.
Rosemary Hodgson, HR Lead, Cheshire West and Chester Council
Now we can directly see where we’re recruiting new
employees from – we can see what different markets are
doing so we can share best practices, cross-culturally.
Ruth Robshaw, Manager HRIS International and UK&I Payroll, Elizabeth Arden
And full visibility of your recruitment processes
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With an on-premise solution, from the point of
going live it’s the best it will ever be. Every day
from that day is a degradation of it being fit for
purpose.
With cloud it’s the inverse – the day you go live
is the smallest part of the journey and you’ll just
adopt incremental changes from then on.
Stewart Monk, UK Sales Director, HCM, Oracle
With cloud you’ll always have the latest system
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We chose the cloud so we could
benefit from frequent upgrades. All
the things we’re doing are around
the cloud and digital
transformation. It just made sense.
The fact you can access this using
any device you need makes a big
difference.
Matt Keen, Group Head of People and Organisation
Effectiveness, Endava
Which is always updating, and works on any device
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ERP in the 90s meant HR and the
financials in supply chain. In those
days, HR sat in one database,
financials sat in another – now it’s all
in the same system so you don’t have
to maintain it.
Paul Grant, VP HCM Applications, InoApps
Now is the chance for HR to evolve
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Our legacy system was heavily out
of date and out of support. It was a
high risk not to change…
As a telco company, we need to be
leading from the front – embracing
the best new technology out there.
Richard Summerfield, Group HR Director, JT Group
So wave goodbye to outdated on-premise tech
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We’re an international business –
and our managers travel a lot. They
expect to have data on all their
people wherever they go.
Previously they had to go through
HR – now it’s available to them
anytime, anywhere.
Marie-Anne Morgan, VP Human Resources International,
Elizabeth Arden
Say hello to a system that’s there when you need it
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Employee self-service gives employees
much more visibility of their own data –
they can update their own personal
information and skill sets too… They can
see all their information in one system
which has really helped with engagement.
Ruth Robshaw, Manager HRIS International and UK&I Payroll,
Elizabeth Arden
And empowers your employees
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Be prepared for people to push back when
you want to innovate and move into the
cloud. If we hadn’t moved forward, we’d
have been stuck with obsolete technology –
and, more importantly, obsolete HR
practices.
Robert Cortenraad, VP Human Resources, Oracle
But even though the solutions are easy to use,
it’s not always going to be easy to introduce them
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It’s not easy trying to get people to adopt similar
technology and standardise – they’re naturally
resistant to change. But if you don’t drive this
through, you will never be able to innovate and
make great improvements.
John Lewis, Senior Director Compensation & Benefits EMEA, Oracle
It’s worth the effort
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Understand what the system does
but also what it doesn’t do. Invest
heavily in the research and design
stage. You’re not a pizza. You can’t
make everyone happy. Have a
point of view and drive them to that
point of view. Don’t try and
accommodate everyone.
Tom McElroy, Chief People Officer, Macmillan Publishing
Remember you can’t please everyone
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Don’t focus on what you’ve done
previously. Take a fresh approach. Look at
what the system can do for you and
deliver for you – and take those benefits.
Rosemary Hodgson, HR Lead, Cheshire West and Chester Council
And keep your eyes on the horizon
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The movement to the cloud is a
business transformation rather than
a technological transformation – it’s
about taking your employees and
line managers on a journey.
Nick Eastwood, Oracle HR Leader, Deloitte
Bring your people with you
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Enjoying what you do each day is
key for a life well lived. For most
people, that’s work. Get that right
and you’re setting people up for
life.
Peter Flade, Managing Partner, Gallup
And look forward to a brighter future
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