SAP

Nurturing a Culture of Excellence at Workplaces with SAP SuccessFactors

Publish Date: April 2, 2024

While the “customer is the king” mantra remains a cornerstone in guiding business operations, ensuring a healthy, happy, and motivating workplace for employees is equally essential, as they are critical assets for any organization. Today, forward-looking companies talk about building optimum ‘total experience’ comprising engaging experiences for customers and employees. The focus is optimizing customer-employee dynamics by going the extra mile to acquire and retain top talent. As a suite of human capital management (HCM) solutions that have matured to human experience management (HXM), SAP SuccessFactors redefines the approach to employee lifecycle management from hiring to retirement.

SuccessFactors is an innovative HR technology that transforms an enterprise into a competence hub where the workforce is motivated and intuitively focused on the organization’s business vision. Leveraging this cloud-based solution with modules for recruitment, learning & development, performance management, and compensation management, HR managers can make informed decisions to build a culture of workplace excellence. Here’s how:

Talent Acquisition Excellence: Organizational success is solidified by recruiting the right talent. Leading businesses consider SuccessFactors the preferred and profitable suite for their need. Reason?

SAP SuccessFactors has thoughtfully devised hiring tools that use data analytics and AI, enabling HR managers to invite suitable people who sync well with their company’s values and culture. It streamlines candidate tracking and interview scheduling and automates offer management to make the process more efficient. In fact, according to a survey conducted by 6sense, in 2024, more than 16,304 companies have adopted the SAP HR management tool for applicant tracking. From proactive sourcing of passive but experienced talent to intelligent hiring at scale, SAP’s HCM software helps organizations lead in acquiring the best people for their industry.

Inspiring Employee Engagement: Engaged employees aligned with the organizational ethos and culture enable companies to become differentiated leaders rather than laggards in their sector. SuccessFactors enables organizations to keep employees motivated throughout their journey. For instance, the shift towards driving exceptional employee experience closely corroborates SAP SuccessFactors’ growth.

There are surveys to capture feedback from teams and shape it into insights that make it easier to reduce attrition, enhance employee engagement, and retain top performers. With role-based dashboards that get updated in real-time, an organization can gather and analyze productivity to design optimal benefit packages that increase employee satisfaction.

Fostering Continuous Knowledge Growth: Investing in employee development is a strategic move to invigorate organizational growth. With SAP SuccessFactors, HR managers get a comprehensive learning management system (LMS) with personalized content to boost learner engagement. It has a vast library of on-demand courses to upskill and reskill employees at their own pace. SuccessFactors Learning also enhances regulatory adherence by automating compliance training. It has modules to refine employee skills at all stages with comprehensive support from hire to retire.

Performance Management Excellence: With SAP SuccessFactors Performance & Goals, an organization can align employee performance with its business goals and improve it through continuous coaching and feedback. Managers can also create a performance mix that works efficiently for the organization and measure team success with objectives and key results (OKRs). Unlike traditional yearly performance reviews, SuccessFactors uses real-time performance insights and visual dashboards to recognize outstanding contributors and identify employee improvement areas. The shift to continuous performance management also enables employees to take ownership of their growth and promotes a culture of excellence, positively impacting the bottom line.

Championing Diversity and Inclusion: Ensuring diversity and inclusion is now critical to an organization’s HR policies. By harnessing the unbiased talent management practices of SAP SuccessFactors, users can build inclusivity at scale. Being a data-centric cloud platform, it ensures equitable decision-making where everyone’s inputs are recognized and valued. From interviewing candidates and onboarding new employees to vertical and horizontal growth of their people, organizations can leverage SuccessFactors to embrace diversity. They can tap into various perspectives and experiences for problem-solving capabilities and continuous innovation.

Cultivating a Positive Employee Experience: Employee well-being is another factor necessary to promote an ethos of excellence. Here again, SAP SuccessFactors transcends legacy HR systems to integrate tools for employee well-being with required resources for improving employee experience.

According to a recent SAP report, 78% of global employers help employees improve their work-life balance, and 95% include emotional and mental health programs in their corporate well-being platforms. The report also says that job candidates perceive organizations with cultures and programs supporting employee health and well-being as more desirable. Increases in employee well-being have been associated with a 35% lower turnover rate.

By simplifying the implementation of measures for employee well-being, SuccessFactors not only helps boost productivity and reduce turnover but also fosters loyalty and a sense of belonging that is conducive to organizational growth.

Achieving Workplace Excellence and How

Imbibing excellence into the workplace is about nurturing employees with a clear sense of purpose, making the most of available opportunities, leading by example, getting appreciated, and feeling heard. The innovative suite of HCM and HXM solutions in SuccessFactors allows organizations to unlock the full potential of their workforce. They can draw top talent, maintain employee morale, ensure seamless skill refinement, nurture diversity & inclusion, and inspire high performance without causing employee burnout. Being a cloud-native app, SuccessFactors is also device-agnostic, enabling HR managers to build end-to-end employee experiences from anywhere.

As a seasoned SAP partner, YASH Technologies offers bespoke SuccessFactors solutions to companies of all sizes. Our HR domain knowledge and expertise in helping companies drive HR transformation enables them to become great workplaces as they cultivate a culture of progressive excellence.

To learn more or to book a consultation for your HR transformation, visit https://www.yash.com/coe/sap/sap-competencies/intelligent-suite/digital-hr/successfactors/