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SAP SuccessFactors to Create Future-Ready and Sustainable Workforces
Organisations flourish when their workers are engaged in their careers

By
Apac CIOOutlook | Friday, October 07, 2022
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New advancements to SAP SuccessFactors and the human experience management suite are transforming talent development for the future of work and building future-ready, sustainable workforces.
FREMONT, CA: Organisations flourish when their workers are engaged in their careers, suitably skilled, aligned to the right opportunities and, more than anything, have a sense of belonging. Companies must make additional efforts to gain a holistic view of the workforce's skills or ambitions. The new advancements to the SAP SuccessFactors HXM Suite combine data, machine learning, and artificial intelligence (AI) to better understand organisations' capabilities and actionable talent intelligence to align the workforce with companies’ needs.
New advancements will include skills ontology using machine learning and automation to continuously identify an employee’s skills based on their role, responsibilities, experiences, and accomplishments, rendering an organisation's skills holistic view on a global scale. A growth portfolio is a strong record of employee attributes, such as skills, strengths, workstyles, passions, and aspirations, that brings the whole self-model to life.
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In addition to these upgrades, dynamic teams are a new capability that enables companies to create, track, measure, and optimise team outcomes beyond traditional hierarchies. Businesses using the SAP SuccessFactors Performance & Goals solution add objective vital results (OKRs) to dynamic teams to track progress and measure success. Workforce and dynamic teams are matched based on people’s understanding, using machine learning and AI within SAP SuccessFactors Opportunity Marketplace solution to make personal growth more equitable.
With SAP SuccessFactors Opportunity Marketplace, these innovations offer the intelligence and adaptability needed to build skilled, agile, equitable workforces. The SAP SuccessFactors Opportunity Marketplace's growth portfolio and skills ontology provide talent intelligence to personalise recommendations based on each employee's entire self.
The dynamic team introduction slashed across conventional structures, supporting work based on skills rather than job descriptions. This also helps organisations develop diverse teams to drive better outcomes, accelerating career growth and personal development via hands-on experience.
Building on its heritage in talent management, SAP is reimagining how enterprises manage and develop their workforce to meet the emerging demands of the future. When people receive opportunities to work on aspects, they are passionate about. They will be highly engaged, perform at higher levels, and strive to deliver outsized business outcomes. SAP has also created a system for managing future organisations. This new SAP SuccessFactors design and capabilities represent a quantum leap forward in delivering the factors required by organisations to manage, grow, and enable their employees and teams.
Amalgamating the talent intelligence and growth acceleration offered by these innovations with the significant SAP SuccessFactors HXM Suite’s HR applications offers a complete talent development system that is purpose-built for organisations to create future-ready sustainable labour forces.