In today's competitive business environment, effectively managing the workforce has become a mission-critical objective. Organizations must be able to assess the impact of the workforce on their current operations and determine what changes are needed to meet future business objectives. The ability to quickly assess current and historical performance is crucial to meeting organizational goals.
Oracle's PeopleSoft Workforce Scorecard provides the strategy management and performance tracking needed to measure the effectiveness of HR initiatives. PeopleSoft Workforce Scorecard helps you evaluate and communicate company performance, staffing, turnover, HR readiness, compensation, and competencies.
Human Capital Management Metrics and KPIs
PeopleSoft Workforce Scorecard incorporates the leading-edge strategy management techniques espoused by Dr. Robert Kaplan and Dr. David Norton to provide an effective, automated mechanism for managing and measuring HR performance. PeopleSoft Workforce Scorecard provides 30 predefined metrics and KPIs to deliver the information you need in order to identify opportunities for improved organizational effectiveness.
Continuous Performance Measurement
Provide quick and simplified views of your organization's strategic objectives and associated measures, including history, trends, targets, assessment rules, cause-and-effect relationships, free-form comments, and several other analytical and graphical viewing options.
Improve your time-to-value by leveraging a comprehensive set of predefined, industry-specific KPIs based on data from Oracle's PeopleSoft Performance Management Warehouse and other data sources.
Identify problem areas with automatic notifications that trigger when actual results move out of defined tolerance ranges for selected KPIs.
Easily navigate between PeopleSoft Workforce Scorecard and Oracle's PeopleSoft Human Capital Management (HCM) Warehouse for detailed analysis.
Enterprisewide Performance Measurement
Distribute individual scorecards to everyone in the enterprise, so that all the users in the organization can see how they are personally contributing to the overall success of the company.
Clearly articulate and communicate strategic objectives with strategy maps.
Drive accountability through your organization using hierarchical KPIs and user-defined targets to cascade and communicate objectives.
Ensure a consistent view of performance measures by leveraging and sharing the rich content of the PeopleSoft Performance Management Warehouse.
Personalized Performance Measurement
Enable non-technical users to create a dashboard of metrics that matter to them by using a simple, three-step wizard.
Share dashlets with other users through the PeopleSoft portal, or with any other Web Services for Remote Portlets (WSRP)-compliant portal vendor.