Welcome!

Java IoT Authors: Yeshim Deniz, Elizabeth White, Liz McMillan, Pat Romanski, Zakia Bouachraoui

News Feed Item

New Study Details C-Level Perceptions of Human Resources Executives in Western Europe

Economist Intelligence Unit Survey Indicates CEOs and CFOs Value Relationship With HR Leaders but Look for Better Understanding of Business, More Strategic Alignment

READING, UNITED KINGDOM -- (Marketwire) -- 02/11/13 -- Oracle (NASDAQ: ORCL)

News Facts

  • A recent study conducted by the Economist Intelligence Unit (EIU) and co-sponsored by Oracle and IBM looks at the perceptions C-level executives in Western Europe have of their HR leaders and helps identify areas of opportunity for HR leaders to help their organizations meet their strategic goals.
  • The EIU surveyed 235 C-level executives, 95 of whom were based in Western Europe, including Belgium, France, Germany, Italy, Switzerland and the UK. Fifty-seven percent of all 235 respondents identified themselves as CEOs or the equivalent and 43 percent identified themselves as CFOs or the equivalent.
  • The executive summary, "C-level perspectives of the HR function in Western Europe," determined that many CEOs and CFOs in the region believe that the HR function's expertise and experience in people issues can help companies make difficult but crucial staffing decisions in challenging economic times.
  • The study also determined that executives in Western Europe value their relationship with senior HR leaders, with 69 percent of respondents saying that their relationship is "close and trustful" and 63 percent saying their relationship with the head of HR is "highly valued."
  • However, there is room for HR to play a more strategic role in organizations. Only 38 percent of Western European executive respondents believe their head of HR is a key player in strategic planning, and only one in ten believe the role is extremely key.

How HR Leaders in Western Europe Can Better Position Themselves for Success

  • The majority of respondents expressed concern with the head of HR's understanding of the overall business. Forty-two percent believe the head of HR is too focused on process and is not a "big picture" person, while 36 percent say he or she doesn't understand the business well enough.
  • The executive report deduces that heads of HR who share views similar to those of the CEO and CFO are likely to be more influential. Eighty-one percent of respondents who strongly agree with the head of HR on the organisation's people strategy also feel that their HR executive is a key strategic player.
  • C-level executives at the largest companies and organizations are more concerned with HR issues that may cause a drought in leadership. More than two-thirds of respondents at companies with more than 1,500 employees worry that insufficient leadership talent will harm their organisation financially within the next 12 months, compared with only 49 percent at smaller companies.
  • Finally, executives at the largest companies surveyed (annual revenues of more than US$10 billion) discuss their talent management concerns more frequently with heads of HR. Forty-two percent of respondents at the largest companies often discuss executive performance and development, compared with 24 percent in all smaller companies.
  • As such, there appears to be a greater opportunity for heads of HR to wield influence on the strategic direction of their company when they:
    • Work at a larger company or organization;
    • Showcase strategic thought, particularly where senior-level talent development is concerned, and;
    • Share similar ideas with the CEO and CFO on the HR strategy.

Supporting Quote

  • "It's not surprising to see that the greatest concern of executives at large organizations is leadership talent development and strategy," said Gretchen Alarcon, vice president, Oracle HCM Strategy. "HR leaders can show value to CEOs and CFOs by focusing on strategies to further cultivate senior talent and to keep the valued leaders their organization already has."

IBM is a Diamond level member in Oracle PartnerNetwork (OPN).

Supporting Resources

About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ: ORCL), visit www.oracle.com.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Contacts
Samuel Hall
Oracle
+44.11.89.24.63.32
Email Contact

Danielle Cormier-Smith
Oracle
+1.610.766.3463
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...
Chris Matthieu is the President & CEO of Computes, inc. He brings 30 years of experience in development and launches of disruptive technologies to create new market opportunities as well as enhance enterprise product portfolios with emerging technologies. His most recent venture was Octoblu, a cross-protocol Internet of Things (IoT) mesh network platform, acquired by Citrix. Prior to co-founding Octoblu, Chris was founder of Nodester, an open-source Node.JS PaaS which was acquired by AppFog and ...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
JETRO showcased Japan Digital Transformation Pavilion at SYS-CON's 21st International Cloud Expo® at the Santa Clara Convention Center in Santa Clara, CA. The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...