The HRMS can either be combined with an existing Oracle eBusiness Suite, or tailored as a stand alone system. But can new technology really add value to the management of human resources?
'Our whole point is that more efficient human resources management can save money and contribute to the bottom line. This is about saving costs through greater efficiency,' says Mr.Baker.
'This system handles everything to do with the employee. From payroll, value added, screening, assessments, career planning, and appraisals. A file on each employee contains everything to do with that person, plus all applicants can be handled with i-recruitment.
'There is also a section on skills development with i-learning. And all this data is housed in one place for use by any part of the organization.'
Mr. Baker argues that HR must be treated as a strategic function as people are the 'only competitive advantage that any business really has, the intellectual capital' of a company.
'Larger organizations are all trying to do more with less people these days,' he says. 'And that means getting the right person with the right skills in the right place at the right time is all important. This new technology allows you to measure and match skills. You can ask: how much of a skill do we have? Do we retrain or recruit?
Oracle's i-recruitment package assists in recruiting the right people by screening CVs, and psychometric tests can be incorporated and developed to ensure matching skill sets. Contractors can also be managed in the same way as employees and contracts reviewed automatically as they expire.
Mr. Baker points out that recruitment is a very important function and often handled very badly by Gulf companies. 'Agencies take 20-30% of annual salaries in fees and it can take six months to get an employee working at full capacity, so anything that improves this expensive process is welcome.
'Retention of staff is another issue, and you have to look at how to satisfy the aspirations of staff. So is obtaining the right mix of cultural backgrounds to achieve a harmonious balance.' This can all be part of HRMS.
It seems to come down to a better flow of information and availability of data to aid management decisions on HR. And Oracle has melded the recruitment, employment, skill development, retention, and exit life-cycle of staff into a typically clever addition to its powerful eBusiness Suite.
Michael Baker
Senior Director eBusiness Suite, OracleThis week Oracle's Michael Baker, a senior director of the eBusiness Suite, visited to Dubai in order to convince new and existing customers to buy the latest human resources management system.
Also consider reading:
- » Interview: Shoji Itoh, Managing Director, National/Panasonic
- » Interview: Ray Ferguson, CEO UAE, Standard Chartered Bank
- » Interview: Keith M. Driver, Associate director, HSBC Amanah Finance
- » Interview: Abdulazziz Al-Salloum, Managing director, Computer Associates Middle East
- » Interview: Phillip Thorpe, Chief commissioner regulatory agency, DIFC
- » Interview: Dany Safi, Managing Director, Tabreed
- » Interview: Jean-Marc Busato, VP Middle East, Radisson SAS
- » Interview: Saeed Al Muntafiq, director general, DDIA
- » Interview: David Price, HSBC Private Equity Fund
- » Interview: Frank C. Ansel III, vice-president, Hyatt International Corporation
Peter J. CooperFriday, February 07 - 2003 at 13:07 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Browse related articles


Web Feeds