The Objectives Library is a collection of reusable objectives that you create and maintain using the Objectives Library function. This function enables you to manage the enterprise objective-setting process efficiently. For example, you can:
Define objectives consistently.
Control the availability of objectives by specifying validity dates.
Group objectives into locally defined categories for ease of retrieval.
Establish naming standards for objectives.
Allocate objectives automatically to eligible workers by means of the Performance Management Plan.
Managers and workers can search the library for objectives to include in personal scorecards.
Using the Objectives Library function, you can create objectives to include in the library. You can identify objectives in the library for automatic allocation to eligible workers.
See: Creating Objectives
Some values that you define for objectives in the library, such as the target completion date and the weighting value, are default values only. Workers and managers can update such values when the objective appears in a worker's personal scorecard.
See: Updating Objectives
You can make a copy of an objective already in the library to provide multiple versions of the same objective, perhaps with different validity dates or measures. However, for any objective in the library, the combination of name and validity dates must be unique. The application does not duplicate objective attachments.
You can delete an objective from the objectives library, even if Performance Management has allocated the objective automatically to eligible workers. The deletion has no effect on the objective's inclusion in existing personal scorecards.
Instead of creating objectives individually, you can import them to the Objectives Library from a spreadsheet using Oracle Web ADI. This function enables you to import objectives definitions from other performance-management processes, for example. You can also update such objectives as a group (for example, you can set all validity dates at once) before uploading them to the application.
HR Professionals can define reusable objectives in the Objectives Library. Managers and workers can copy objectives from the Objectives Library to workers' personal scorecards of objectives.
Ways of populating a personal scorecard during an objective-setting period include:
Copying incomplete objectives from previous scorecards
Copying shared objectives
Copying objectives from the Objectives Library