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Leverage Oracle Modern Best Practice enablers of mobile, social, analytics and the cloud to closely align employee goals with business objectives. Use secure social collaboration to draft, review, and finalize individual goals. Automatically update individual profiles when goals are achieved. Monitor and predict worker and team performance to help identify those with a high risk of leaving and to proactively address the potential risks of turnover.
Define and align employee, associate, direct manager, and leader goals to business objectives. Review goal progress with dashboards.
Employee shares with manager the first draft of objectives for achieving preset goals.
Use embedded secure social collaboration to enhance goal processes and increase likelihood of success.
Agree and finalize objectives based on feedback.
Employee conducts self-evaluation to measure performance on goals and competencies.
Employee identifies and asks relevant third parties to provide feedback on individual performance.
Review third party feedback and update evaluation. Provide frequent performance reviews and finalize evaluation.