Talent Review in Oracle Fusion HCM

Talent Review in Oracle Fusion HCM is a strategic process that allows organizations to assess and manage the performance, potential, and development of their employees. It involves evaluating employees’ skills, competencies, career aspirations, and contributions to the organization. The goal of talent review is to identify high-potential employees, succession candidates, and areas for development.

Key aspects of the talent review process in Oracle Fusion HCM include:

1. Identification of Talent: The process begins with identifying employees who exhibit strong performance, leadership potential, and the capability to take on higher responsibilities.
2. Calibration: Calibration sessions involve managers and leaders coming together to discuss and evaluate employee performance and potential. These discussions help ensure consistency in assessing employees across different teams or departments.
3. Talent Pool Segmentation: Employees are categorized into talent pools based on their performance and potential. These pools could include categories like High Potentials, Ready Now for Promotion, Development Needed, and so on.
4. Succession Planning: Talent review identifies potential successors for critical roles within the organization. Successors are individuals who could step into higher positions in case of vacancies.
5. Development Planning: Based on the talent review discussions, development plans are created for employees to address skill gaps and prepare them for future roles. These plans may include training, mentoring, job rotations, or stretch assignments.
6. Performance Feedback: Talent review discussions often involve feedback on employees’ current performance, strengths, areas for improvement, and achievements.
7. Integration with Performance Management: Talent review is closely linked to the performance management process. Performance appraisal ratings, goals, and achievements play a significant role in assessing an employee’s potential.
8. Talent Analytics: Oracle Fusion HCM provides analytics and reporting tools to help HR professionals and managers make informed decisions about talent management and development strategies.

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