Welcome!

@CloudExpo Authors: Liz McMillan, Yeshim Deniz, Elizabeth White, William Schmarzo, Pat Romanski

News Feed Item

Oracle Research Finds Organizations Lack Insight Into Employee Talent

Study Reveals Organizations Recognize the Benefits of Talent Intelligence, yet Are Hindered by Their Current IT Capabilities

READING, UNITED KINGDOM -- (Marketwire) -- 11/21/12 -- Oracle (NASDAQ: ORCL)

News Facts

  • Research released today from Oracle indicates there is an opportunity for organizations in Western Europe to use talent management solutions to help improve employee engagement, profitability and operations
  • The study reveals that 95% of organizations in Western Europe recognize that talent intelligence can improve their performance and financial success. However, only a quarter (24%) of organizations surveyed are "very satisfied" with the insight they have into talent within their workforce, unveiling a substantial gap between business aspirations and business capabilities
  • The report, "Understanding the Impact of Talent Intelligence: A Western European Study," highlights what businesses consider to be the main anticipated financial benefits of increased investment in Talent Intelligence, which are profitability (54%) and saving on the cost of training (53%)
  • The Oracle study further found that data-proficient organizations (DPOs) better recognize the value of talent intelligence systems compared to data-deficient organizations (DDOs). 91% of DPOs agree that HR departments use workforce metrics to demonstrate their contribution to the overall business goals, compared to 70% of DDOs.
  • Half of DPOs cite HR as a pro-active leader in contributing to corporate strategy, while less than one in five (19%) DDOs agree with this, demonstrating how using effective data can have a direct and positive impact on business strategy and goals
  • Conducted by Loudhouse Research, the report surveyed over 300 key decision-makers in midsize and large organizations in the UK, France and Germany
  • For full findings and research data, please go to http://bit.ly/SbGsUL

Research Highlights

  • Adoption Barriers: 43% of organizations consider cost as the main barrier to Talent Intelligence. However, the potential benefits of profitability and savings expressed by respondents potentially outweigh the concern of cost. Lack of executive support (32%) and lack of analytical skills (29%) are cited as further obstacles to adoption by respondents
  • Improving Employee Performance: Western European organizations prioritize the "quality of hire" as the most important factor to improving employee value and performance (57%). Succession planning and talent mobility are viewed as a less immediate concern, with only a quarter (28%) of organizations prioritizing placing top performers on succession plans as a route to enhancing performance
  • Appreciating the Value of Data: Many organizations surveyed may not fully appreciate the value of their data, with the level of access to reliable data greater than the importance assigned to it. For instance, while "quality of hire" is prioritized in developing business performance, the level of access to reliable related data (58%) is not high compared to similar metrics. Similarly, 43% of organizations agree that productivity improves performance, yet only 47% have access to this data
  • Developing Talent: Completing the required training is considered the most important learning and development value (43%) to improving employee performance, with 59% of respondents having access to this data set. This focus is likely to be driven by regulatory or internal governance needs
  • Succession Planning: Despite today's working environment, where employees readily move companies and roles, succession planning and talent mobility is considered the least important value to enhancing performance in Western Europe. Only a third of respondents have filled vacated leadership positions with employees already working for the organization, while 39% have critical roles with no identified successors
  • DPOs vs DDOs: While the appetite for improved talent intelligence data is the same within both groups, their abilities and priorities differ:
    • DDOs are some way behind DPOs with access to reliable data. For example, 43% of DDOs state that employee engagement levels are very important to improving performance, yet only 42% have access to this data. In contrast, just over half (54%) of DPOs cite employee engagement as a critical factor, with two thirds having access to this data
    • DPOs focus more on the strategic benefit of Talent Intelligence, with 60% seeing profitability as the biggest financial incentive for investing in improved Talent Intelligence. Saving on training costs is seen as the greatest benefit to DDOs (52%)
  • Regional Priorities: Talent intelligence strategies of organizations can be strongly affected by regional factors, such as employment flexibility and data protection requirements. Stringent employment laws in France are reflected in the country's focus on employing the right candidate first time (68%), while greater employment flexibility in the UK explains why the region is less reliant on highly structured employment data. Strong paradigms of seniority and team work in German businesses manifest itself in the findings that no German respondents considered workforce data, such as employee engagement levels, as very important

Supporting Quote

  • "While many organizations in Western Europe recognize the benefit of implementing effective talent intelligence solutions, it is apparent from this report that many fall short of having sufficient access to data that will improve business processes," said Richard Haycock, Senior Director, HCM, at Oracle. "There appears to be an opportunity for organizations in Western Europe to use talent management solutions to gain insight into their talent, enhance employee value and experience, identify areas of strength and weakness, and help improve and optimize operations."

Supporting Resources

Notes to Editors

The research was conducted in May 2012 by Loudhouse Research, an independent market research consultancy based in the UK. The report is based on responses from more than 300 online interviews with business decision-makers, in the UK (102), Germany (102), and France (102).

Data Proficient Organizations (DPOs):
DPOs are defined as those respondent organizations that agree they are proficient at analyzing workforce data AND their business leaders are satisfied with the workforce data provided to them.

Data Deficient Organizations (DDOs):
DDOs are defined as those respondent organizations that don't agree that their organization is proficient at analyzing workforce data or their business leaders are not satisfied with the workforce data provided to them.

About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ: ORCL), visit www.oracle.com.

Trademark
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Contact Info
Samuel Hall
Oracle
+44 (0)11 8924 6332
Email Contact

Ross Lambert
CMG
+44 (0)20 7067 0289
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@CloudExpo Stories
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., discussed how these tools can be leveraged to develop a lasting competitive advantage ...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, will provide a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to ...
From 2013, NTT Communications has been providing cPaaS service, SkyWay. Its customer’s expectations for leveraging WebRTC technology are not only typical real-time communication use cases such as Web conference, remote education, but also IoT use cases such as remote camera monitoring, smart-glass, and robotic. Because of this, NTT Communications has numerous IoT business use-cases that its customers are developing on top of PaaS. WebRTC will lead IoT businesses to be more innovative and address...
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
Because IoT devices are deployed in mission-critical environments more than ever before, it’s increasingly imperative they be truly smart. IoT sensors simply stockpiling data isn’t useful. IoT must be artificially and naturally intelligent in order to provide more value In his session at @ThingsExpo, John Crupi, Vice President and Engineering System Architect at Greenwave Systems, will discuss how IoT artificial intelligence (AI) can be carried out via edge analytics and machine learning techn...
FinTechs use the cloud to operate at the speed and scale of digital financial activity, but are often hindered by the complexity of managing security and compliance in the cloud. In his session at 20th Cloud Expo, Sesh Murthy, co-founder and CTO of Cloud Raxak, showed how proactive and automated cloud security enables FinTechs to leverage the cloud to achieve their business goals. Through business-driven cloud security, FinTechs can speed time-to-market, diminish risk and costs, maintain continu...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
As many know, the first generation of Cloud Management Platform (CMP) solutions were designed for managing virtual infrastructure (IaaS) and traditional applications. But that’s no longer enough to satisfy evolving and complex business requirements. In his session at 21st Cloud Expo, Scott Davis, Embotics CTO, will explore how next-generation CMPs ensure organizations can manage cloud-native and microservice-based application architectures, while also facilitating agile DevOps methodology. He wi...
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, discussed the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insights from the vast t...
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, d...
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, will discuss th...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single-threaded, you can effectively identify hot spots in your serverless code. In his session at @DevOpsSummit at 21st Cloud Expo, Dave Martin, Product owner at CA Technologies, will give a live demonstration and code walkthrough, showing how ...