Summarizing Key Products of Talent Management

Objective

After completing this lesson, you will be able to explain the key products of Talent Management.

Fully Integrated Talent Suite

SAP SuccessFactors talent management solutions allow organizations to create a future-ready workforce while empowering employees to create a career that’s entirely their own. AI-driven talent intelligence helps improve every talent decision, allowing organizations to attract, develop, and retain top talent, address skills gaps and adapt quickly.

SAP SuccessFactors Recruiting

As organizations continue to navigate an increasingly competitive labor market and growing skills shortages, it's critical for them to stay ahead and attract and hire top talent with the right skills. Embracing skills-based hiring, delivering exceptional candidate experiences, and leveraging the latest intelligent recruiting technology enables organizations to future-proof talent acquisition and secure the best talent.

SAP SuccessFactors Recruiting uniquely combines talent acquisition needs into a single, comprehensive solution, giving hiring teams the tools, insights, and time to bring in the best people for the organization. SAP SuccessFactors’ unified, cloud-based solution combines applicant tracking (ATS), job distribution, and candidate relationship management (CRM) capabilities with intelligent technologies to meet recruiting needs with agility. Innovative capabilities, including AI-powered assistance, a robust skills framework, automation, and data-driven insights, enable recruiters to accelerate complex processes, optimize hiring practices, and continually improve experiences across the recruiting journey.

SAP SuccessFactors Recruiting helps organizations to:

  • Deliver connected experiences by managing applicant tracking, job distribution, candidate relationship management, and AI capabilities through a comprehensive solution.
  • Streamline recruiting with a single solution for the entire talent acquisition strategy, from sourcing to hiring.
  • Simplify global recruitment to secure the right talent to drive success.
  • Ensure exceptional candidate experiences.
  • Boost recruiter efficiency.
  • Optimize talent acquisition by understanding the performance of the recruiting process, assessing its longer-term impacts, and consistently collecting sentiment data.

Video Highlights:

  • SAP SuccessFactors Recruiting leverages AI to streamline and automate the hiring process, making it easier for organizations to attract and select the right talent.
  • The solution provides a mobile-friendly, engaging career site that facilitates quick applications and personalized communication for candidates.
  • It offers AI-enabled tools for creating compelling job descriptions, sorting applicants, and making strategic, skills-based hiring decisions to build a diverse, future-ready workforce.
  • With a focus on forward-looking talent acquisition strategies, SAP SuccessFactors Recruiting helps organizations enhance their hiring outcomes and meet evolving talent needs.

SAP SuccessFactors Onboarding

The new hire experience is the bridge between eager candidates and successful employees. Organizations must provide personalized, collaborative experiences during this crucial time to ensure new hires have a welcoming, productive start. Delivering an engaging, digital-first experience that accelerates onboarding for new hires while ensuring compliance and logistics are accomplished is critical for success.

SAP SuccessFactors Onboarding brings together the organization’s processes and people into an intuitive digital experience accessible from any device. Experiences are personalized to help ensure timely completion, increase engagement, and accelerate productivity. The innovative and flexible platform allows an organization to connect its onboarding program to other HR and business processes with a unified, consistent look and feel. Through connected processes, teams can leverage insights to improve experiences and boost the retention of new hires.

SAP SuccessFactors Onboarding:

  • Improves new hire engagement and efficiency, even before the first day.
  • Accelerates onboarding with an intuitive, step-by-step process for new hires.
  • Streamlines processes, configuration, and administration of all programs.
  • Simplifies onboarding programs with automation and dashboards.

Video Highlights:

  • Effective onboarding is crucial for making new hires feel welcomed and engaged, which can positively impact their retention and productivity.
  • SAP SuccessFactors Onboarding streamlines the onboarding process by providing a unified system that automates workflows, integrates communication, and offers a comprehensive dashboard for tracking progress.
  • A modern onboarding experience enhances both the new hire's journey and the hiring team's efficiency, ultimately leading to a smoother transition and a stronger connection to company culture.

SAP SuccessFactors Career and Talent Development

Organizations are placing more emphasis on employee development to combat the skills shortage and ensure talent continuity. Companies know that to support aggressive growth plans they must have the right people in the right roles today and in the future. This means having a workforce that’s highly engaged and can explore opportunities that are meaningful and relevant to them and having a strong talent pipeline in place.

The SAP SuccessFactors Career and Talent Development solution helps organizations unlock the full potential of the workforce. This solution guides employees and managers to shape careers through personalized, AI-driven interactions, skills-based development, and growth opportunities. SAP SuccessFactors’ integrated solution brings together robust capabilities into a single experience to foster employee skills while aligning upskilling and reskilling initiatives with personal aspirations and business priorities. Leaders can cultivate the next generation of talent by nurturing internal mobility and retention, ensuring sustained organizational success.

SAP SuccessFactors Career and Talent Development offers key solution functionality such as Opportunity Marketplace for personalized employee growth, Succession Management for strategic leadership development, and Career Development Planning for empowering employees' career progression. By leveraging these features, organizations can enhance employee engagement, build a talent pipeline, and foster structured career advancement.

Concerns related to organizations and employees are displayed. Details about SAP SuccessFactors Career and Talent Development solutions is provided in the paragraph above.

Video Highlights:

  • Integrated Career Growth: SAP SuccessFactors Career and Talent Development solution aligns the needs of employees and employers, creating a continuous and personalized experience for career growth and talent planning.
  • Skills-Centric Approach: The solution helps organizations become skills centric by maintaining a unified skills model and enabling employees to explore career paths and learning opportunities based on their skills and organizational needs.
  • AI-Driven Recommendations: By leveraging AI, employees receive personalized suggestions for internal roles and career development, allowing them to bridge skills gaps and set new career goals effectively.
  • Ongoing Development and Mentorship: The platform supports continuous career development and retention of institutional knowledge by connecting mentors and mentees, while also integrating seamlessly with other SAP SuccessFactors solutions.

SAP SuccessFactors Learning

Today, organizations face skills shortages that hiring alone won’t solve. Learning must bridge the skills gap and align personal development with strategic business needs. Shifting employee expectations and ways of working have transformed the way we learn. Companies must balance compliance and regulatory needs while supporting the learner’s personal growth and enhancing the employee experience.

SAP SuccessFactors Learning supports the learner’s personal growth while equipping the organization with the necessary compliance and strategic skills. The highly relevant, personalized, mobile responsive learning experience places the learner at the center, making it easier for employees to discover, access, and consume learning in a guided way, anywhere and anytime. AI-powered recommendations and truly integrated skills-based talent development help drive an intrinsic culture of learning, tapping into each individual’s aspirations, motivations, and interests and encouraging lifelong learning.

By balancing organizational and individual skills needs with an AI-driven learning management solution, organizations can:

  • Boost engagement with experiences that are unique to each learner, prioritized and organized based on their needs and interests.
  • Accelerate skills-building with anytime, anywhere learning.
  • Help employees discover new growth and development opportunities with AI-driven recommendations powered by the Talent Intelligence Hub.
  • Improve regulatory adherence and lower legal risk with automated compliance training.
  • Access curated content and learning journeys from SAP Content Stream by Skillsoft and Open Content Network partners.

Video Highlights:

  • The importance of fostering a learning culture that balances compliance with opportunities for skills growth and innovation within organizations.
  • SAP SuccessFactors Learning offers a personalized, AI-powered learning experience that focuses on developing strategic skills needed for future success.
  • The system helps learners stay on track with mandatory training while providing tools for bookmarking and scheduling learning activities conveniently.
  • Personalized recommendations and a guided learning experience facilitate continuous skill development, ensuring employees remain compliant and relevant as their roles evolve.

SAP SuccessFactors Performance and Goals

Many organizations are transforming their performance management processes to address changes in how and where people work. They focus on employee guidance and development measures that catalyze ongoing performance improvements, increase employee engagement, optimize productivity, and drive exceptional business outcomes. And they want to expand their use of AI in HR to create better employee experiences and increase productivity.

SAP SuccessFactors Performance and Goals supports an organization’s initiatives by helping it build high-performing teams. The solution offers flexibility to fit each organization’s approach, whether it wants to use annual performance reviews, modern coaching and feedback techniques, or AI-generated goals and automated workflows. It helps drive better organizational results and create an optimal experience that increases employee engagement, productivity, and purpose. And an enhanced mobile experience makes it easier for employees to access the solution – anytime and anywhere.

With SAP SuccessFactors Performance and Goals, organizations can enable an efficient and productive workforce that can quickly adjust to evolving business needs.

  • Align company’s objectives to employee ambition and track progress and probability of success with goal management.
  • Facilitate ongoing dialogue and provide real-time feedback in the flow of work with continuous performance management.
  • Objectively and accurately assess performance of their workforce and identify and reward high performers.

Track and measure dynamic teams’ success with objectives and key results (OKRs).

Video Highlights:

  • Aligning employee goals with company objectives enhances overall performance and accountability.
  • Utilizing AI tools for real-time coaching and feedback streamlines the performance management process.
  • Emphasizing skills-based evaluation and recognition helps demonstrate the impact of individual contributions on business success.

SAP SuccessFactors Compensation

More than ever, businesses need greater agility to manage through economic volatility. Rising inflation, economic challenges, and skills shortages demand that organizations make the most of their rewards budgets. With more people working from home compensation plays an increasingly critical role in aligning work contributions with business goals. Companies must make the best use of limited compensation dollars to motivate employees to perform at their best to drive the business forward.

SAP SuccessFactors Compensation helps organizations align compensation programs with business goals and objectives to attract, motivate, and retain a skilled, diverse, and global workforce more effectively. By connecting employee compensation with the business strategy, organizations can establish a clear link between employee efforts and financial rewards to bring out the best in people while driving business success.

With SAP SuccessFactors Compensation, organizations can build and manage strategic compensation programs that align with the needs of employees, the business, and the budget.

  • Increase employee motivation and engagement with continuous rewards.
  • Make informed decisions about employee pay.
  • Automate and streamline global compensation planning processes.
  • Improve operational efficiency and data accuracy.

Video Highlights:

  • Effective employee rewards programs can enhance motivation and overall organizational performance by aligning compensation with business strategy and recognizing employee contributions in real time.
  • Strategic allocation of compensation budgets and improving planning accuracy are essential for ensuring fair and equitable compensation across a diverse and global workforce.

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