Put the power of skills to work for your organization

Summary of “Put the power of skills to work for your organization”

Presenter: Yvette Cameron, Senior Vice President of Oracle’s Cloud HCM Global Product Strategy

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Key Business Content: Oracle’s Dynamic Skills Strategy & Operations

Strategic Context & Problem Statement

• Skills are fundamental to talent management and organizational growth.
• Rapidly changing skill requirements create challenges: over one-third of skills listed in job requisitions four years ago are now obsolete.
• Traditional static skills frameworks fail to keep pace with evolving business and technology needs.
• Skills descriptions vary significantly across organizations, industries, and regions, complicating talent alignment.
• Internal HR systems often lack current and comprehensive skills data compared to social profiles.

Oracle’s Investment & Solution: Dynamic Skills

Oracle has developed Dynamic Skills capabilities to address these challenges by providing real-time, personalized skills insights and management. Central to this is the Skills Nexus, a deep learning AI engine that:

• Understands global labor market skills and employer-specific skill language (“skills DNA”).
• Provides personalized skill recommendations based on current role, trending skills, peer data, and administrator input.
• Infers adjacent or related skills to encourage broader skill development.

User Experience & Operations

• Employees can easily update their profiles with current skills and indicate skill levels (e.g., beginner).
• Skills validation can occur through multiple channels: peer endorsements, assessments, manager observations, etc.
• The Skills Center acts as a centralized hub for individuals to:
  • View personalized skill recommendations.
  • Discover relevant job roles, short-term gigs, and learning opportunities tailored to their skill set and development interests.
  • Connect with career ambassadors and mentors for skill growth and career advancement.

Integration & Continuous Engagement

Dynamic Skills is embedded across Oracle’s HCM suite and daily workflows, including:

• Digital assistants (e.g., Slack integration) for conversational skill exploration and updates.
• Oracle Journeys Experience Platform, which includes career growth journeys prompting users to keep profiles current.
• Opportunity marketplace for short-term gigs that build skills and experience.

The system proactively reminds users to update profiles when applying for gigs or roles, ensuring better talent matching.

Learning & Career Development Framework

• The Learning Experience Platform (LXP) integrates with Dynamic Skills to offer tailored learning paths.
• Each skill links to potential career benefits, related job roles, and organizational support such as mentors, gigs, and courses.
• This creates a feedback loop connecting skill development with internal mobility and workforce planning.

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Frameworks, Processes, and Playbooks Highlighted

• Skills Nexus AI Engine: Combines global labor market data with employer-specific skill taxonomy and uses deep learning to recommend skills and infer adjacent skills.

• Talent Supply Chain Management: Aligns workforce skills dynamically with business needs and supports sourcing, reskilling, and upskilling strategies.

• Career Growth Journey (Oracle Journeys): Structured employee experience to explore opportunities and skills development, promoting continuous profile updates for accurate talent matching.

• Skills Validation Process: Multi-channel validation via endorsements, assessments, and manager input to ensure skill credibility.

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Key Metrics & KPIs (Implied/Referenced)

No explicit numeric KPIs or targets were mentioned, but critical success factors include:

• Frequency and accuracy of skill profile updates by employees.
• Number of personalized skill recommendations acted upon.
• Internal mobility rates facilitated by skill matching.
• Engagement with learning and gig opportunities linked to skills development.
• Reduction in skill gaps and improved alignment of talent supply with organizational demand.

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Actionable Recommendations & Examples

• Encourage employees to actively maintain and update their skill profiles via easy-to-use interfaces and digital assistants.
• Leverage AI-driven personalized recommendations to guide skill development aligned with both individual career goals and organizational needs.
• Use integrated learning platforms to connect skill acquisition with tangible career opportunities and organizational roles.
• Embed skills management into everyday workflows and career journeys to promote continuous talent calibration and internal mobility.
• Validate skills through multiple channels to ensure reliability for talent decisions.

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Overall, Oracle’s Dynamic Skills capability represents a comprehensive, AI-powered approach to modernizing skill management—enabling organizations to better understand, develop, and deploy their workforce in a rapidly changing environment.

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Presenter: Yvette Cameron, Senior Vice President, Oracle Cloud HCM Global Product Strategy