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© 2014 Cognizant
© 2014 Cognizant
September 3, 2014
Transforming HR into Strategic Asset enabled by Oracle HCM CloudPraveen Gupta, Strategic HCM Advisor
© 2014 Cognizant 2
Today’s Presenter
Praveen GuptaSenior Director, Solution Advisory Group (SAG)Human Capital Management Advisor
Praveen Gupta is a Human Capital Management leader with over 20 years of experience and expertise in HCM strategy, HR transformation, and HR global delivery to enable better HR-Business alignment. His expertise in HCM business drivers and enabling technologies have positioned better HR-IT collaboration, resulting in an efficient and effective HR aligned to business goals and objectives.
© 2014 Cognizant 3
Transform HR into Strategic Asset enabled by Oracle HCM Cloud
HCM Challenges and Trends
Options for Organizations on
legacy systems and evaluation criteria
for selection
Introduction to Oracle HCM and
Talent Cloud
ClosingQ&A
Let us explore: Transforming HR to align with business goals and objectives to forge a truly strategic partnership
Cognizant’s Approach to enable HR to adopt the right strategy to be a Strategic Asset
© 2014 Cognizant 4
A Shifting Landscape of Business Challenges
Business Challenges our customers are facing align to the need for Strategic HCM Transformation
ADDRESSIN
G
Social results in better informed, less loyal buyers and employees
Analytics to deal with explosion of data
Business models and strategic focus
Data-centric to process-centric
Mobile as a platform for all aspects of engagement
Globalization
Cloud to rapidly deliver business value
© 2014 Cognizant 5
An Increasingly Complex Mix of Options to address HR Trends
Align With Business Enable Global Workforce
Manage Talent
Top Three HR Trends
The Strategic HR Transformation, done right, will enable HR to take its seat of Strategic Business Partner at the table
© 2014 Cognizant
Cloud Technology & BPaaS is Enabling HR - Business Alignment
6
Efficient
On average, by switching fromOn Premise to Cloud each
company replaced $3.66 of
capital costs with $1.00 of operational costs*
*IDC White Paper Sponsored by Amazon
Effective
Design and Execute standard integrated business processes quickly
Save as much as 50% time in implementation
compared to On Premise
Embedded Social, Mobile & Analytics
Transform HR Service by enabling
Transparent & Actionable Insights
Social to coordinate with people
Mobile to engage workforce
Cloud + BPaaS = Combination to Meet Business Challenges and Forge a Strategic Business Partnership
BPaaSSupport from Hire to Retire Processes | World Class Employee Engagement Center | Employee Engagement Toolkit
© 2014 Cognizant 7
HCM Trends and Challenges
Options for Organizations on legacy systems and evaluation
criteria for selection
Introduction to Oracle HCM and
Talent Cloud
Call to Action – The Cognizant Difference
Transform HR into Strategic Asset enabled by Oracle HCM Cloud
ClosingQ&A
Cognizant’s Approach to enable HR to adopt the right strategy to be a Strategic Asset
© 2014 Cognizant 8
Our Framework of Services focused on Driving Outcomes that Address the Business Challenges through HCM
Talent as a Service
Talent Acquisition Talent Development
Sourcing Analytics
Assess, Select & Onboard
New Hire Training
Strategic Sourcing
Performance and Goals
Learning as a Service
Succession
Workforce Engagement and Retention
Talent Deployment
Attrition Management
Exit InterviewEngagement
Strategies
Engagement Surveys
Use of contractors
Project Logistics
Virtual Workplace
International Assignment
Contact Center Admin and Transaction
ReportingSelf ServiceAn
alyz
e, P
lan
an
d F
ore
cast
Ad
viso
ry
Workforce KPI Catalogue
Bu
sin
ess
Ou
tco
mes
Key Outcomes
1. Cost per Employee
2. Fill Rate
3. Cost per Hire
4. Employee Engagement
5. Time to Hire
6. Average Tenure
7. Product/ Service Proficiency
8. Employee Productivity
9. Cost Optimization
The Cognizant Difference
© 2014 Cognizant
The Cognizant Difference9
HCM Service Value Chain
Advise on evolution from bespoke HCMDisparate point solutions to ITMLimited process standardization to bestpractice
HCM Blueprint for the futureDedicated model for shared servicesProcesses and analytics “poor”
Telephony
Support through BPaaS
Document Management
Workflow routing
Case Management
Trend Management
Service reporting
Knowledge Management
Realize - Implement and Integrate
Advise
Bu
sin
es
s V
alu
e
High
Co
st P
er E
mp
loy
ee
Low
Standardized BPaaS Model Employee Engagement ToolkitWorld-class Employee Engagement Centers (Global, Multi-lingual)
End-to-end HR Transformation FocusAutomate end-to-end processes,Analytics and call avoidanceIntegrated payroll and benefits modelLow cost, transactional pricing
Self Service, Mobility, Analytics standard
Solution with configuration/ businessData Analysis and Migration
Focus on large part of HR Core – be it “rip and replace” or phased strategy
Technology focused –implementation/integration
Mo
vin
g f
rom
Ad
vis
ory
to
Bp
aa
S
© 2014 Cognizant
The Cognizant Difference10
Three Steps to Build Strategy and Target Operating Model (TOM)
Outcome Drivers/ Inputs
Future State Design
Tech Roadmap and TOM
HR Core Processes System of Record, Payroll, Rewards and Compensation, Benefits
Talent Acquisition and DevelopmentRecruitment, Learning, Performance, Succession
Workforce Engagement and RetentionEmployee Relations, Workforce Analytics and Planning
Talent DeploymentGlobal Mobility, Workforce Administration
InfrastructureCloud / SaaS, Employee Engagement Service Design, Tech/Data Management
© 2014 Cognizant
The Cognizant Difference11
Target Operating Model is aligned to HR Process Areas
© 2014 Cognizant 12
The Cognizant Difference
With the Strategy and TOM in Place, BPaaS Provides Real Benefit in an On-Going Support Model
Global
Global Shared Service ModelCurrently supporting employees in more than 80 countries with regional centers in APAC, EMEA, and NA. Payroll integration, data entry, and contact center support through ADP partnership.
Process Automation and Self ServiceEmployee Engagement Center toolkit integrates and automates the solution for contact center and transaction processing to complement the client’s employee facing self service solution.
Automate
Process StandardizationUsing our experience in HR delivery for global clients coupled with our Six Sigma expertise in Process Design we work with clients to implement an optimal blend of standardization and organizational uniqueness.
Optimize
© 2014 Cognizant 13
HCM Trends and Challenges
Options for Organizations on
legacy systems and evaluation criteria
for selectionIntroduction to
Oracle HCM and Talent Cloud
How Oracle HCM Cloud Enables HR - Business Alignment
Transform HR into Strategic Asset enabled by Oracle HCM Cloud
ClosingQ&A
Cognizant’s Approach to enable HR to adopt the right strategy to be a Strategic Asset
© 2014 Cognizant 14
Oracle HCM Cloud: Integrated Global Human Capital Management System
Employee PortraitsEasily access information based on your role and location
Global Person and Local Employment ModelEnsure consistency while supporting local compliance
Embedded AnalyticsMake impactful decisions with the information you need
Mobile and SocialCollaborate with peers using mobile access
Differentiated CompensationStrategically plan, allocate, and differentiate compensation
Robust Payroll EngineHandle simple and complex payroll needs
Flexible BenefitsOffer a total compensation package
Absence ManagementGrant, track, report different absences and leave
Time and LaborTrack and monitor time with a flexible framework
MobileAccess information on any device and encourage accountability
Gain InsightUnderstand and analyze workforce trends
Model your FuturePerform “what-if” scenarios to make informed decisions
Predict outcomesAvoid attrition and improve workforce performance
Big DataAnswer complex workforce questions leveragingbig data
Workforce Optimization
Workforce Management
Workforce Rewards
Global Human Resources
© 2014 Cognizant
Leverage Social MediaLeverage Mobile
CapabilityHolistic Talent Management
15
Oracle HCM Cloud: Strategic Approach to Talent Management
Enable Talent Management strategy and process to changing business environment
Assess skill gaps and proactively develop capabilities
Identify high potential employees and develop future leaders
Align individual goals with corporate goals and provide clear visibility into how each employee contributes to the success of the organization
Recruiting& Sourcing
Best Practices
Performance& Goals
Learning &Development
Succession &Talent Review
GlobalSupport
SocialMobile Integration Analytics Reliability
Security
WORLD CLASS SERVICES
ECOSYSTEM
PRODUCTS
PLATFORM
Option to Coexist with your On Premise ERP
© 2014 Cognizant 16
Oracle HCM Cloud: Social and Mobile Capable for Global and Always On Workforce
Mobile Capabilities
• Simple, Familiar and Easy to Use
• Employees: View of My Pay,My Career, My Data
• Managers & Leaders: Integrated interactive tools to collaborate on all devices
Social Enablement
• Work actually gets done
• Processes actually get executed
• Knowledge flows into, through, and out of the organization
• Opportunities are captured
© 2014 Cognizant 17
Oracle HCM Cloud: Analytics and Forecasting
Actionable Insights Predictive Analysis KPI’s
Better People Decisions on Massive Scale
Employee Data Action Plan
Information
Insight
Forecast
Action Plan
© 2014 Cognizant
Cognizant’s HCMaximize™ Implementation Accelerator Solution
18
https://www.youtube.com/watch?v=c0bRDlRPX_Q
The Cognizant Difference
© 2014 Cognizant 19
HCM Trends and Challenges
Options for Organizations on
legacy systems and evaluation criteria
for selectionIntroduction to
Oracle HCM and Talent Cloud
Closing
Q&A
Execute Your HCM Strategy: Engage Cognizant asTrusted Advisor
Transform HR into Strategic Asset enabled by Oracle HCM Cloud
Cognizant’s Approach to enable HR to adopt the right strategy to be a Strategic Asset
© 2014 Cognizant 20
The Cognizant Approach: Strategic HR Transformation
Transaction BasedData Centric
Analyze, Plan and Forecast Advisory Business OutcomesHR Today
Metrics that CAN be measured
Engage With Business HR ImpactsBusiness Value
The Cognizant Difference
Fragmented ProcessesInconsistence Delivery
Disparate Point Solutions
Adopt Cloud Support through BPaaS
HR – BusinessPartnership
Analytics and ForecastingMetrics that
SHOULDbe measured
Administrative Strategic
Cognizant’s Approach to Strategy, Target Operating Model and BPaaS Provides Real Benefit in an On-Going Support Model
© 2014 Cognizant 21
Q&AContact Information:
@praveenzgupta