How Fusion Analytics helps HR build a better workforce

Monitoring individual employee satisfaction and performance is a well-established practice. But measuring the impact of an HR organization’s actions on the entire workforce presents a challenge. Developing that kind of insight requires connecting data across the entire organization—from performance reviews, skills development, and salary all the way through departmental goal attainment, budget, and revenue.

Oracle Fusion HCM Analytics is built to help HR teams answer key questions about both individuals and the workforce, and to show how they relate to each other. It provides the equivalent of hundreds of person-years of HR experience in the form of prebuilt metrics, KPIs, charts, graphs, and dashboards. And in recent releases, we added capabilities that further empower HR teams to get the insights they need, on their own schedule, and on their own terms.

Measuring impact

Our recent product updates introduced several important advances to help you measure impact. Key features include:

• Learning Analytics: this new subject area saves Learning Managers time by delivering analytics that allow them to quickly understand training’s impact on employee performance, assess geographic and demographic trends, and measure learning costs and ROI.
• Diversity analysis: this machine-learning-based solution helps proactively detect bias by constantly monitoring key business practices (such as hiring, promotions, terminations) and presenting essential statistics and trends.
• New visualizations for people leaders: a new People Leaders dashboard streamlines workforce and learning management by providing ready-to-use, relevant data for headcount, terminations, team composition, distribution, learning enrollment, and more.

HCM Analytics is effective

If you’d like to learn more about ways Fusion Analytics is making a difference, check out a few examples:

• Using analytics-driven behavior change to improve workforce planning and talent acquisition, with a specific focus on diversity.
• Leveraging insights from HCM Analytics to create an award-winning culture.
• Connect HR, finance, and sales data with Fusion Analytics for deeper insights into revenue, pipeline, retention, and costs.

Conclusion

Your HR teams’ success depends on connecting HR actions with resulting workforce and employee outcomes. To get this level of visibility, HR professionals need timely access to insights across the organization—and particularly within HR—where decisions impact the workforce’s ability to meet the needs of your business. Oracle Fusion HCM Analytics can help.