Innowera - RDM: Talent Management

Innowera - RDM: Talent Management

RDM | Human Capital Management | Talent Management

Major trends drive the change in organization HR has to cope with:

  1. Mobile, distributed workforce and demographic changes within the workforce demand clear focus
  2. Big pressure to increase organizational performance and to reduce costs
  3. The need for greater insight into their workforce

The real strategic differentiators are seen where companies have a critical focus on talent. That's why most executives and HR teams today are highly focused on effectively managing their workforce. Talent Management processes with SAP ERP HCM empower organizations to increase workforce performance and retain their best talents, as it is clear that it is people who drive the performance of the organization. Efficient talent management is best achieved through aligning business stakeholders and Talent Management processes:

  1. Recruiting – Find and hire the best people faster
  2. Performance Management – Align employee objectives with corporate objectives, consistently assess employee performance across the entire organization
  3. Compensation Management – Plan remuneration policies effectively and keep costs under control while remaining competitive
  4. Talent Assessment and Review – Identify and develop talents to increase organizational performance
  5. Succession Planning – Ensure key performers are identified and prepared to fill key roles within the company
  6. Employee Development and Learning – Link learning programs to development plans

All processes are based on a common understanding of employee, organizational data and skills and competencies. SAP offers a holistic approach to talent management that helps you

Remove barriers between traditional HR practices

Improve collaboration between stakeholders

And integrate processes across the organization

Competency Management

Is a critical factor to support organizations to identify and optimize the skills and competencies needed to successfully align their workforce with their business strategy. It forms the foundation for all talent management processes. It also enables companies building a competency catalog which is leveraged by all talent management processes.
Competency management allows companies to define key competencies, link and inherit them along their job architecture (job catalog with functional areas, job families, jobs, and positions) and cultivate talent pools. It allows comparing an employee's qualifications with the requirements of a certain position to see how suited the employee is to this position.
The optional solution extension "SAP Talent Visualization by Nakisa" allows an efficient handling of competency assignments along job architecture with an intuitive graphical user interface

 
Recruiting

Incorporates a sophisticated recruiting solution (SAP E-Recruiting) in SAP ERP HCM that enables the organization to build a pool of potential talents, resulting in better hires and a more efficient hiring process. Included are processes that enable applicants and candidates to self-register and maintain their profiles in a talent warehouse. Recruiters have comprehensive functionality to find potential hires quickly: They can maintain long-term relationships with individuals registered in the warehouse, make use of a state-of-the-art and advanced applicant tracking functionality and utilize a huge variety of SAP's reporting functions including analytics, available to measure the effectiveness of the overall recruiting and hiring processes.

 
Employee Performance Management Helps motivate and align employees to achieve corporate goals, standardize employee reviews and appraisals, and simplify the performance-oriented compensation process. Provides a flexible framework to integrate corporate goals and strategies with team and individual goals as well as integrate management-by-objectives. Gives the functionality needed to tie compensation to performance. Enhances communication across the enterprise and makes the company more productive. 
 
Talent Review & Calibration Enables companies to develop a strong global talent pool across entire organization with a structured and objective approach to assess talents. Empowers facilitation of effective talent-review meetings and supports your management team in calibrating the performance and potential of nominated individuals. Drives common consensus on talent pools and future actions for their developments.
 
Employee Development Enables companies to increase workforce productivity, retain key talent and increase employee satisfaction by handling all development related activities in concise development plans. Employees are supported in achieving their long-term development goals and career opportunities by tracking their development progress. They can leverage profile match-ups against positions to determine skill and knowledge gaps which in turn can be tied directly to training plans to address the individual development need.
 
Learning Delivers training, education, and knowledge to employees to ensure they have the right skills and information necessary to do their jobs effectively. Integration with Development Plans, Individual Objectives, and the employee profile ensure targeted learning can be delivered based on need and strategy and that skills and certifications gained as a result of the learning is captured. Structures, delivers, and tracks the distribution of information, e-learning (self-paced or synchronous), and classroom training, while its knowledge-transfer and collaborative-learning capabilities keep the workforce prepared for the future. A new capability for managing Virtual Learning Rooms integrates Adobe Enterprise Connect solution for synchronous learning.
 
Succession Management Enables a company to identify and safeguard key positions with qualified potential successors by aligning their development and career plans with organizational demand. Reduces the risks of business disruption due to vacancies in key roles, and drives lowering of recruiting costs and time to fill key positions.
The solution extension SAP Talent Visualization by Nakisa allows managers and HR-specialists to easily gain transparency on global successor pipeline and their readiness, as well as on process progress measured in KPIs, in an intuitive user interface based on organizational charts.
 
Compensation Management Manages innovative reward strategies such as performance-based pay, variable pay plans, and long-term incentives. Simplifies the comparative analysis of compensation packages, using internal and external data. Enables users to set up guidelines for the enterprise's compensation policy according to the overall strategy via the Compensation Management capabilities of SAP ERP HCM. Changes the guidelines easily in response to changes in the company's policy. Supports the combination of fixed and variable compensation components, and different employees, departments, and units can be covered by different compensation reviews and compensation plans. Provides an extensive range of options via budgeting functionality allowing the creation of both employee-based and/or organizational unit-based budgets. Offers a Job Pricing Tool that compares internal jobs with external survey data systematically to determine an appropriate range of compensation for each job.
 
Talent Management Analytics Enables companies to analyze employee skills and qualifications, evaluate the efficiency of recruiting processes, measure the effectiveness of learning programs, assess how well succession programs prepare employees to assume key positions, monitor the progress of aligning employee goals with corporate goals, and analyze the cost-effectiveness of employee compensation programs.