Oracle have announced the new features for Talent Management that are coming in release 24C. As expected, it’s a Redwood heavy one. Given Oracle have recently released the features document, it is likely that more will be added throughout July. Having said that, let’s take a look at the key features announced so far.
Within Goal Management, there have been more functions moved to Redwood. These include the ability to secure goal actions using security privileges. Enabling the configuration of security access on an action by action basis allows organisations to easily manage permissions without complex rules. The key one is the introduction of AI in suggesting Goals for employees based on their previous Performance Review. It uses goal comments; comments in the performance and development goals section or overall summary section of the performance document to generate goal suggestions.
Within Performance Management, additional pages have been moved to Redwood. This includes the Performance Documents, Participant Feedback and Performance Eligibility administration pages. The Performance Documents section empowers users to manage existing performance documents and tasks, create new ones, and submit performance-related notifications. Meanwhile, the Participant Feedback page lives up to its name: users can choose a review period and filter by participant, employee, manager, or department to access results. Within these results, specific employees can be searched, and their feedback status for performance documents can be viewed. Lastly, the Performance Eligibility page provides insights into processed eligible performance documents and check-ins for individual employees. Users can also assess an employee’s eligibility for a performance document or check-in that remains unprocessed.
In Oracle’s 24C release within Profile Management, there hasn’t been a significant number of new features introduced. However, there’s a crucial enhancement that will help during the transition from Responsive to Redwood Profile Management pages. Specifically, field label customisations for the Skills and Qualifications page don’t migrate across. To address this, Oracle have made an update to the Redwood Profile Management page, now you have the ability to tailor the labels on the Profile Types. Although this involves a modest amount of effort, it eliminates the necessity of creating new profile types and transferring data across systems.
Within Succession Management, there is only one new feature this release. A new Worker Succession Info quick action has been added for Line Managers and HR Specialists. With this addition, they gain the ability to view essential details related to workers’ succession and talent pools. This encompasses insights such as talent ratings, succession plans for employees, and a comprehensive view of candidates accessible to them. Moreover, they can delve into the talent pools in which an individual is a member, thus facilitating a streamlined succession planning process for both Line Managers and HR professionals.
The latest feature I’d like to highlight is within Talent Review. We now have a new Redwood Talent Review Template configuration page. It incorporates a guided process to easily create and manage Talent Review templates. The page has been reformatted, with each section now residing on a separate tab: General Info, Rating Options, Box Chart Views, Data Options, and Display Options. This layout allows you to focus on the specific area you’re interested in, making it much less cluttered. The General Info tab contains all the necessary information for a talent review template, including the option to include matrix managers as reviewers for meetings created using the template. Additionally, users can indicate whether they want to include succession plans and talent pools in the Talent Review meetings. The Rating Options tab empowers implementers to add ratings that reviewers can use to assess the review population. In the Box Chart Views section, implementers can create multiple XY and single rating views, although box assignments can only be submitted for one XY and one single rating view. The Data Options tab allows for colour-coded options to highlight specific sections and provides a default potential assessment questionnaire for reviewers to rate their reports. Lastly, the Display Options tab enables configuration of colours and shapes for selected risk of loss, impact of loss, or mobility ratings.
As previously mentioned, Oracle is expected to introduce further improvements in the forthcoming 24C Release. Should these features have a significant impact, I will provide an updated blog to share the latest developments and insights. Please check out my blog on the my top 5 new features in Release 24C within Core HR below:
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About the author:
Kate Mead is an Oracle-certified HCM Consultant and Solution Architect at Version 1 with 14 years of experience in Oracle HR and Payroll systems, including 7 years with Oracle HCM Cloud. She has worked across implementation projects and managed services, has a sound knowledge of UK Payroll legislation and — before becoming a consultant — was an HR Manager.
If you have any questions or would like more information on how Version 1 can help you realise the full potential of your Oracle Cloud instances, please contact her at kate.mead@version1.com
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