HCM Industry Spotlight: Oil & Gas
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Proactively prepare for change and build a sustainable talent pipeline with Nakisa® Human Capital Management Solutions Integrated human capital management solutions are key in an industry where the workforce is globally dispersed and aging, the organizational architecture complex and the nature of the business low- margin and capital-intensive. Such dedicated HCM solutions enable you to engage and retain talent as well as seamlessly integrate new teams especially in times of market instability. With the right processes and technology, you can reduce the risk and uncertainty of making critical enterprise and talent decisions by having accurate, real-time information at your finger-tips. Leveraging the simple user- interface and robust analytics, turn data into intelligence and gain confidence in the org and talent decisions you make for your enterprise. Industry Focus: Oil & Gas Copyright © 2015 Nakisa Inc. All rights reserved. Business Challenges • Tapping into a shrinking talent pool for those with specialized skills due to an aging workforce and a decline in young professionals entering the market • Instable crude oil price reinforcing the pressure on HR to deliver effective cost reduction and talent management strategies • Difficulty visualizing reporting structures • Geographically dispersed workforce complicating communication and collaboration • Strategic misalignment caused by fragmented HR practices and complex org architecture across various locations • Increased number of strategic reorganizations, mergers and acquisitions due to fierce competitive market, requiring utmost efficiency in this low-margin capital intensive business Nakisa® HCM Solutions enable you to: • Devise an effective succession planning strategy to mitigate the risk of talent shortage • Easily access up-to-date data and analytics from a single source of truth, facilitating sound HR decision making • Measure the vulnerability of your key people, critical positions, departments and the organization as a whole • Identify and correct data anomalies to ensure information accuracy in organization/talent planning • Plan and assess multiple organizational change scenarios to determine the best course of action • Easily calculate the impact of your decisions on headcount, salaries and budgets before committing to them • Create a foundational competency framework to align all talent management activities • Build a reliable talent pipeline for critical roles • Design a healthy leadership pipeline by creating and tracking employee development plans Business Benefits • Enable workforce agility by effectively modeling and planning for changes to the org structure • Identify positions and competencies critical to strategic success • Mitigate risks of key role vacancies by establishing strong bench strength and succession plans • Bridge the looming knowledge gap by fostering communication and collaboration between the older and younger generation of workers • Turn insight into action by using the intelligence from vulnerability reports to identify capacity and capability gaps TITLE IMAGE
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Transcript of HCM Industry Spotlight: Oil & Gas
Proactively prepare for change and build a sustainabletalent pipeline with Nakisa® Human Capital Management Solutions
Integrated human capital management solutions are key in an industry where the workforce is globally dispersed and aging, the organizational architecture complex and the nature of the business low-margin and capital-intensive. Such dedicated HCM solutions enable you to engage and retain talent as well as seamlessly integrate new teams especially in times of market instability. With the right processes and technology, you can reduce the risk and uncertainty of making critical enterprise and talent decisions by having accurate, real-time information at your finger-tips. Leveraging the simple user- interface and robust analytics, turn data into intelligence and gain confidence in the org and talent decisions you make for your enterprise.
Industry Focus: Oil & Gas
Copyright © 2015 Nakisa Inc. All rights reserved.
Business Challenges
• Tapping into a shrinking talent pool for those with specialized skills due to an aging workforce and a decline in young professionals entering the market
• Instable crude oil price reinforcing the pressure on HR to deliver effective cost reduction and talent management strategies
• Difficulty visualizing reporting structures
• Geographically dispersed workforce complicating communication and collaboration
• Strategic misalignment caused by fragmented HR practices and complex org architecture across various locations
• Increased number of strategic reorganizations, mergers and acquisitions due to fierce competitive market, requiring utmost efficiency in this low-margin capital intensive business
Nakisa® HCM Solutions enable you to:
• Devise an effective succession planning strategy to mitigate the risk of talent shortage
• Easily access up-to-date data and analytics from a single source of truth, facilitating sound HR decision making
• Measure the vulnerability of your key people, critical positions, departments and the organization as a whole
• Identify and correct data anomalies to ensure information accuracy in organization/talent planning
• Plan and assess multiple organizational change scenarios to determine the best course of action
• Easily calculate the impact of your decisions on headcount, salaries and budgets before committing to them
• Create a foundational competency framework to align all talent management activities
• Build a reliable talent pipeline for critical roles
• Design a healthy leadership pipeline by creating and tracking employee development plans
Business Benefits
• Enable workforce agility by effectively modeling and planning for changes to the org structure
• Identify positions and competencies critical to strategic success
• Mitigate risks of key role vacancies by establishing strong bench strength and succession plans
• Bridge the looming knowledge gap by fostering communication and collaboration between the older and younger generation of workers
• Turn insight into action by using the intelligence from vulnerability reports to identify capacity and capability gaps
TITLE IMAGE
Leading Oil & Gas organizations using Nakisa® Human Capital Management
Solutions
A global leader in enterprise business solutions for Human Capital Management (HCM) and Finance, Nakisa delivers innovative, forward-thinking and robust human resource and fi nancial management solutions that advance your business strategies. Available on premise and in the cloud.
See what’s possible with Nakisa’s powerful visualization technology:
HCM: Nakisa’s Accelerators suite is designed to optimize organizational transformation, empower talent and stimulate employees’ engagement to deliver business results in an holistic fashion. In addition, Nakisa’s organizational and talent management solutions ensure organizational agility and promote alignment between the workforce and business strategies.
Finance: Nakisa’s lease administration, revenue recognition and equipment lease management solutions help customers better manage their assets and comply with accounting regulations.
Working with a global network of partners and as one of the few Solution Extension (SolEx) partners of SAP® since 2007, Nakisa serves 800+ enterprise customers and over 4 million subscribers in 24 industries. Nakisa is proud to work with some of the world’s most renowned brands.
For further information, email us at [email protected].
Copyright © 2015 Nakisa Inc. All rights reserved.
