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Leveraging Oracle HCM Cloud for Talent Retention and National Workforce Development
Author Name : Nusrat Shaheen, Sunny Jaiswal, Ravi Kumar, Dr. Priya Pandey, Dr S P Singh, Prof. (Dr) Punit Goel
ABSTRACT The integration of Oracle HCM Cloud plays a transformative role in enhancing talent retention and contributing to national workforce development. This cloud-based Human Capital Management (HCM) solution offers organizations advanced tools for workforce planning, employee engagement, and skill development. By utilizing predictive analytics and personalized dashboards, companies can identify key talent, mitigate attrition risks, and implement targeted retention strategies. The platform's ability to streamline recruitment, performance management, and learning pathways empowers businesses to align individual career goals with organizational objectives, thereby fostering employee loyalty. Oracle HCM Cloud also supports national workforce development by enabling organizations to upskill their employees through continuous learning programs and competency mapping. Its collaborative features allow companies to adapt to changing market needs by aligning employee skills with future job roles. Additionally, data-driven insights from the platform help government agencies and private enterprises assess talent trends, promoting workforce planning initiatives that address national skill gaps.