What is a Talent Pool?
Using a talent pool feature you create a pool (group) of workers. Usually when you create a talent pool you add workers of similar characteristics. For example, you create a group of workers who have shown great potentials of becoming next CEO of your organization. Similarly, you can create a group (pool) of emerging talent. In the talent pool terminology, workers you add to a pool are called members, similar to succession management where workers in a succession plan are called candidates.
Talent pool in itself doesn’t do anything, but you use these pools in various other places such as succession plan and talent review meeting.
Learn to Create a Talent Pool
Login as an HR specialist and you can follows any of the navigation below to create a talent pool
Navigation : My Client Groups » Talent Pool
RelatedPosts
Navigation : My Client Groups » Quick Actions » Show More » Create Talent Pool
On the Create Talent Pool page, you see following four sections
- Pool Info
- Members
- Owners
- Development Goals
We will see all these sections in detail one by one
Enter Pool Info
In the pool info section you enter basic information about the pool such as name and status of the pool. Please enter details as follows in this section
- Pool Name : AP Emerging Talents
- Private : Keep it selected
- Status : Active
- Description : Members in this pool have shown potential to be new raising stars for the organization.
Add Members to The Talent Pool
In the Members section you add members to the pool. Click on the Add button and you see following three options. We will all these options one by one
- Member
- Best-Fit Member
- Members from Analysis
Add members using member option
Click on the Add button and select option Member and then enter details as follows.
- Name : Click on the field and search worker that you want to add to the pool.
- Status : keep the status Active.
Click on OK button. Repeat these steps again to add couple of more members to the pool.
Add members using Best-Fit analysis
You can also add members to the plan using best-fit analysis, however, we have explained this in detail in the succession plan configuration article as the concept is same, so hold on until you complete this article.
Add members using analysis
To use this feature you need to have an analysis already configured and add that analysis using profile option ORA_HRM_TALENT_POOLS_DEFAULT_REPORT_FOLDER.
Click on this option and see if any analysis is present for your pod. We will cover this in any article, which will explain steps to create analysis for talent pool.
Click on Cancel button to return to Create Talent Pool page.
Add Owners for Talent Pool
Owners get access to maintain pool. Earlier while configuring talent pool in the plan info section we have mentioned this talent pool to be private, which means only those people mentioned in the owner section will have access to view and manager the talent pool.
You will see your name present there already, click on Add button and select any other owner. Once done click on OK button.
Assign Development Goals to Pool Members (Optional)
This is optional step. Scroll down to Development Goals section, click on Add button, which allows to add development goals to all members of the talent pool. Once you enter goal details click on OK button to return back to Create Talent Pool page.
Once everything is in place, scroll up and click on Save and Close button and your talent pool is ready to be used.
Talent Pool Questions
The above explanation provides a brief introduction to the Oracle Cloud Talent Pool feature. As you become more comfortable with its functionalities, you may wish to explore its applications in different segments of the Oracle Talent Management module. For a more in-depth understanding, you can refer to the following two articles that demonstrate its usage in various other areas within the Oracle Talent Management module.
Should you have any inquiries or need further clarification, don’t hesitate to reach out. You can ask your questions on our partner platform, hcmfolks.com, which is a dedicated community designed to assist professionals in the Human Capital Management (HCM) field. This platform is tailored to offer support and insights to HCM practitioners.
