Oracle Fusion Goal Management enables to set and define goals that support the common objectives of your organization. You can grow your organization’s talent by creating development goals that captures growth and career aspirations. Workers can update goals and the managers can track the goals as workers progress through them. It also supports development plans for employees to track their personal growth and career development.
Goal Management supports:
Goal types
There are three types of goals: performance, development and personal. Workers and managers can create two types of goals, performance and development. Workers can create personal goals.
Performance goals are results-oriented, measure work-related performance, and often use specific targets to assess the level of workers' achievement. Performance goals can be used in performance documents as part of the evaluation process. Organization Goals are performance goals. When setting performance goals, you have the ability to align to the goals of the organization, a manager or a peer.
Development goals give employees and managers the flexibility to define goals that may be for the short term or long term. This will facilitate the career growth of individuals so that they can perform better in their current jobs or prepare themselves for advancement. Managers can also assign new goals to employees or shift goals among the team as needed.
Personal goals are available only to the worker. Workers can use personal goals to stretch their capabilities to increase their skills. To achieve the objective, workers' own goals can also be aligned to the organization goals.
Target Outcomes
Target outcomes enable the linking of a goal to specific skills or qualifications such as competencies, degrees, certifications, and others. The target outcomes are related to both performance and development goals.
Tasks
Tasks are specific actions added to a goal to help worker undertakes in order to achieve the goal. Goal tasks can be of various types, including mentoring, researching, and coaching.
SMART Goals
Goal Management supports goals that are Specific, Measurable, Achievable, Relevant, and Time-based (SMART).
Goal Plans
Goal plans are used to manage a collection of performance or development goals for a specific period. Goal plans can be rolled out to individuals, a selected hierarchy, or a wider population within the organization.
Using goal plans, you can:
- Group goals to track them easily for a specific population and time period
- Assign goals to a specific population
- Associate goals to existing goal plans
- Add goals to goal plans from other sources
Goal Library
- The goal library is a repository of reusable goals that you create and maintain to manage the enterprise goal.
- Organization owners, managers, and workers can search the goal library to copy the goals.
- Managers and HR specialists can assign the goals, either in goal plans, or individually, to a selected population.
- It reduces the effort of creating a new goal if similar goals have been previously defined.
- In the goal library, you can add goals, edit existing goals and set status of goals.
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