Healthcare Industry Turns to Talent Management Software to Meet Compliance Requirements, Improve Patient Care…from Cornerstone OnDemand

September 22, 2011

 

New Cornerstone OnDemand white paper shares best practices for helping healthcare HR leaders evolve their people management and development strategies

HRchitect featured Cornerstone OnDemand in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Charles Coy participated in the HRchitect WebMingle on January 16, 2009. Cornerstone OnDemand participated in the Talent Management Systems Beauty Pageant in December 2008, where they were crowned the winner.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Changes in the healthcare industry, such as consolidations, nursing and IT staff shortages, and increasingly detailed regulatory compliance needs, are requiring healthcare HR leaders to evolve their employee development and management strategies. A new white paper from Cornerstone OnDemand (NASDAQ: CSOD), “Talent Management for Healthcare: Facilitating Organizational Excellence and Outstanding Patient Care,” shares how leveraging talent management software, combined with the right strategies, can help healthcare providers better meet compliance requirements, address skill gaps, streamline processes and improve the quality of patient care.

Compared to other industries, Bersin & Associates research shows that healthcare has traditionally been slow to adopt and implement talent management automation and processes. This includes processes for training and development, performance management, onboarding and succession management.

“Today’s comprehensive HR software solutions make it much easier to establish common processes and track and report on employee information across even the largest, most dispersed health systems,” said Julie Norquist Roy, VP of marketing for Cornerstone OnDemand. “From blended learning and real-time performance observation to compliance assessments, organizations now have the ability to automate and integrate processes that tend to be paper-based or conducted in silos. And by empowering employees with appropriate training and development support, we’ve seen our clients improve working environments and boost staff retention.”

One organization that is successfully managing the compliance needs of its medical community is the St. Louis-based BJC HealthCare. BJC uses Cornerstone’s learning and development platform, as well as Cornerstone’s performance observation checklist functionality, to standardize clinical competencies across its hospital system and observe and measure competencies and performance in the field in real-time. This helps to ensure superior patient care and safety, as well as compliance with accreditation standards and requirements imposed by Joint Commission, the Centers for Medicare and Medicaid Services (CMS) and state agencies.

To jump-start learning and talent initiatives in a healthcare organization, Cornerstone’s white paper recommends these five steps:

 

  • Build with an eye toward integration. A strong learning management system will benefit from onboarding, performance and succession initiatives. To maximize the value of your investment, consider targeted, formal development programs for employee supervisors.
  • Automate job descriptions with a foundation of competencies. Standardize job descriptions and competencies to create a common culture in large healthcare systems and build job profiles that will guide career development, training and performance improvement across your organization.
  • Build internal talent pools. Grow your own talent by implementing appropriate talent management and learning tools. This makes identifying high-potential employees and developing critical skills easier to accomplish.
  • Collaborate to build a comprehensive succession strategy. HR can and must play a crucial role in facilitating the next generation of leadership. Technology can identify the gaps and assign development plans for designated successors.
  • Leverage the power of software-as-a-service (SaaS). Healthcare employers can now rapidly implement talent solutions at a far lower cost and with greater operational efficiency. Other advantages include less time to ROI.

 

Healthcare organizations such as Mount Sinai Medical Center, New York-Presbyterian Hospital, Sanford Health and WellSpan Health use Cornerstone’s comprehensive SaaS solution to streamline their people management processes. To learn more about talent management best practices for healthcare or read more about BJC HealthCare’s initiatives, download the white paper at http://www.cornerstoneondemand.com/talent-management-healthcare-facilitating-organizational-excellence-and-outstanding-patient-care.

For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com.

 
Matt Lafata, HRchitect

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Hodes iQ, A Leading Talent Acquisition Solutions Provider Being Sold to Technomedia, a Global Leader in Learning and Performance Management…Hodes iQ

September 14, 2011

 

Sale brings together two best-of-breed solutions to deliver a more comprehensive talent management platform

HRchitect includes Hodes iQ in our list of top Talent Acquisition Systems vendors that businesses should consider. Hodes iQ competed in the HRchitect Beauty Pageant on Talent Acquisition Systems in August 2009, where they were crowned the winner. Jeremy Shapiro, Senior VP with Hodes iQ appeared on the HRchitect WebMingle on September 18, 2009. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Bernard Hodes Group, an Omnicom company, today announced that it has signed an agreement to sell its award-winning talent acquisition product, Hodes iQ, to Technomedia, a leading provider of integrated talent and learning management solutions for global organizations. The newly combined company will operate under the name Technomedia-Hodes iQ in the US, and Technomedia elsewhere in the world, and serve hundreds of customers across the globe.

The transaction builds on Hodes iQ’s leadership position in the talent acquisition marketplace and Technomedia’s dominance in learning and performance management, giving the newly formed company a broader product set and the development resources, scalability and expertise required to meet the growing market for comprehensive talent management solutions.

“This was not an easy decision to make. In Hodes iQ we created a fantastic software tool and grew it into the market leader that it is today,” said Alan Schwartz, CEO, Bernard Hodes Group. “However, we always strive to do what’s best for our clients and merging Hodes iQ into Technomedia will do just that, providing our customers with a stronger product suite that is still seamlessly connected with Hodes. Technomedia is a software company that will continue to grow and improve the iQ technology, allowing Bernard Hodes Group to dedicate all of our focus to servicing our valued customers. What is best for our clients is best for us.”

Technomedia was recently cited as the leader in Customer Satisfaction in the Global Enterprise segment of Bersin & Associates’ Talent Management Systems Customer Satisfaction survey. Hodes iQ has also been profiled in Bersin & Associates’ leading Talent Acquisition Systems report for many years, including the latest study released in April, 2011 where it was ranked highly for its candidate management capabilities, social media recruiting innovations, and intelligent search technology via TalentScout.

“In Hodes iQ we found a partner that shares our passion for the customer and our vision for the future of talent management for global organizations,” said Alain Latry, President and CEO of Technomedia. “Together, we can deliver a more robust end-to-end solution allowing companies to not only recruit and source the best talent, but see how those tie back into other areas of the talent lifecycle and truly assess quality of hire.”

For more information on Hodes iQ, please visit www.hodesiq.com

 
Matt Lafata, HRchitect

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SmartRecruiters Launches Free Software That Makes Hiring Easy for Businesses…from SmartRecruiters

September 3, 2011

 

Open SaaS Platform Aggregates Wide Range of Job Sites and Social Networks to Streamline the Hiring Process and Give Companies Improved Access to Talent

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

SmartRecruiters recently announced the company’s official launch and debuted its flagship offering, free online recruiting software that meets the needs of small to medium businesses (SMBs). The job posting and applicant tracking Software as a Service (SaaS) comes out of its public “beta” phase with 10,000 companies, 200,000 job seekers and 25,000 job openings already processed, proving that its new approach to recruiting gets results.

“We’re committed to changing recruiting through innovation and access,” said Jerome Ternynck, CEO and founder. “For most businesses, recruiting today is lengthy, painful and expensive. Why are more than 4 million jobs left vacant, while 10% of the workforce is unemployed? That needs to change. Recruiting needs to change. We live in a connected world in which hiring should be easy — especially for small to medium businesses who are the backbone of our economy.”

“More than 80% of the small businesses we survey (those with fewer than 2,500 employees) tell us they are struggling to find great talent,” said Josh Bersin, President and CEO of Bersin & Associates, a leading research and advisory firm in corporate talent acquisition. “In fact the slowing economy has actually made this problem more difficult as small companies are flooded with resumes and often understaffed to deal with the deluge of applicants. By bringing advanced recruitment technology to small businesses at a no cost, SmartRecruiters can dramatically help companies better find great talent, leverage social networks, and improve their quality of hire in a highly affordable way.”

Small businesses agree. “SmartRecruiters’ recruiting software has really helped organize, streamline, and effectively manage our busy Internet recruiting process,” said Fred Holt, VP Human Resources at Photobucket. The company, which hosts uploaded images and videos, also leverages SmartRecruiters site architecture to create its own branded Careers page.

Key Software Benefits

Post Jobs. Companies can post jobs to leading paid, free and niche job boards with one click. SmartRecruiters’ recommendation engine provides analytics that help hiring managers decide which sites are likely to provide the best results. This allows hiring organizations to substantially improve both the speed and quality of its job posting process

Leverage Social Networks. Managers and HR staff can promote jobs on social media sites and tap into the power of their networks on Facebook, LinkedIn and Twitter.

Track Applicants. Managers can review applicants, take action using robust applicant tracking features. Managers can generate detailed reporting to measure sourcing effectiveness and cost per hire. Managing the applicant tracking process in one place makes hiring more efficient.

Collaborate. The hiring team can share, rate and review candidates throughout the process, enabling cross-departmental input and decision-making. Feedback is collected and consolidated in real time. SmartRecruiters’ unique social collaboration tools promote team-based decision-making.

Career Site. The company can also use SmartRecruiters to easily display jobs and collect applicants from their own corporate website and Facebook page. Hiring organizations get a professional, branded career site that consolidates its applicants in one place.

To sign up for SmartRecruiters, companies simply go to www.smartrecruiters.com to create their free account.

The company launch is timed in advance of this September 5 Labor Day and in conjunction with Zero Unemployment Movement’s #GiveLabor campaign, which encourages everyone to give 15 minutes on Labor Day to help a friend find a job and get America back to work. Participating individuals and businesses will be posting their activities and sharing their accomplishments at http://www.ZeroUE.org , on Twitter at #GiveLabor or on Facebook.

For more information on SmartRecruiters, please visit www.smartrecruiters.com

 

 

 

Matt Lafata, HRchitect

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Kronos Announces Enhanced Selection and Hiring Solution…from Kronos

July 19, 2011

 

HRchitect includes Kronos in our list of Talent Acquisition Systems that businesses should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

Kronos Incorporated today announced availability of the latest version of its selection and hiring solution. Workforce Talent Acquisition™ 8.8 reflects a continued commitment to provide Kronos® customers with a unified hourly and salaried, role-based solution to meet their recruiting needs, resulting in superior return on their hiring technology investment.

News Facts

Workforce Talent Acquisition 8.8 includes a variety of new features and functionality focused in four strategic areas: 

  • Unified Hourly/Salaried Solution – Enhancements supporting unified hourly and salaried hiring include the ability to: move candidates from one requisition to another; upload resumes from a third-party system; preview resumes from search results; and generate a pre-populated offer letter from a variety of branded templates.
  • Integration with Employee Scheduling – Hiring managers can filter and sort applicants by their schedule availability, making hiring for hard-to-fill shifts significantly easier. For example, a hiring manager trying to hire for a Friday night shift can sort applicants by their availability. The information is configurable by location and/or position. Integration is possible with Kronos Workforce Scheduler™ or other third-party scheduling systems.
  • Outlook Integration – Users have visibility into the Microsoft Exchange calendar to enable easier scheduling of interviews; an enhanced email framework that is optimized for mobile devices; and customizable email templates to maintain an organization’s distinct branding while communicating with applicants during each step of the hiring process.
  • Improved Reporting – The selection and hiring product continues to turn hiring data into business intelligence with new reporting capabilities such as showing candidate activity to assess effectiveness of an organization’s recruiting efforts, or identifying locations with potential compliance issues based on hiring trends.

Supporting Quotes

  • Nick Ordon, vice president and general manager, hiring solutions, Kronos
    “We continue to deliver on our promise to provide customers with the very best unified hourly and salaried selection and hiring solution available. Enhancements in this version make Workforce Talent Acquisition easier to use and more powerful than ever, providing organizations with superior return on their hiring technology investment.”
  • Sarah White, principal analyst, Bersin & Associates
    “We expect the traditional talent acquisition market to grow 12 percent to an estimated $937 million this year. Kronos is well positioned to take advantage of this market growth with the launch of Workforce Talent Acquisition 8.8, a unified hourly and salaried solution that also includes integration to workforce management.”

For more information on Kronos, please visit www.kronos.com

 
Matt Lafata, HRchitect

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SumTotal Systems Acquires Accero and CyberShift…from SumTotal Systems

July 7, 2011

Company Advances Leader Position in Strategic Human Capital Management and Raises the Standard for Complete Talent Management

HRchitect featured SumTotal Systems in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. SumTotal Systems appeared on the HRchitect WebMingle on May 1, 2009. SumTotal Systems also competed in the HRchitect Beauty Pageant on Employee Performance Management Systems in February 2009, where they were crowned the winner. Dave Watkins, Softscape’s CEO and Co-Founder appeared on the HRchitect WebMingle on June 19, 2009.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

SumTotal® Systems, Inc., the innovator in strategic Human Capital Management (HCM) solutions, today announced the acquisitions of CyberShift, a leader in strategic workforce management and expense software, and Accero, experts in payroll and benefits software. These acquisitions advance and accelerate SumTotal’s vision and expand Talent Management to link mission critical processes across the broader strategic Human Capital Management (HCM) market. With over 3,400 global customers and 43 Million users, SumTotal represents the most complete strategic HCM solution delivering greater value to customers with cross-functional best-in-class capabilities.

Increasing labor costs have put additional pressures on organizations, driving the need for improved, global visibility of how organizations manage their workforce to reduce operational costs. The workforce is typically the largest expense to an organization (40-70 percent of costs), and how employees are acquired, on-boarded, trained, deployed, assessed, and rewarded directly impacts an organization’s ability to achieve its business goals and maximize profits. At the same time, the shift from simply managing transactional HR functions to enabling integrated HR processes is compelling organizations to simplify and improve their technology deployments to contain costs and eliminate silos of fragmented information. Significant cost reductions are achieved not only through the automation and optimization of related workforce processes, but also with the integration of functions to a single HR solution that leverages the latest cloud-based technologies.

“SumTotal has proven its ability to rapidly integrate multiple acquisitions in a short period of time while delivering real value to customers,” said Josh Bersin, president and chief executive officer, Bersin & Associates. “The acquisition of CyberShift and Accero gives the company a total end-to-end set of solutions for all elements of strategic human capital management.”

CyberShift, an industry leader in strategic workforce management and expense management software, offers innovative visualization and mobile solutions for time and attendance, advanced scheduling, absence management, and Family and Medical Leave Act (FMLA) and leave management. CyberShift is the only enterprise solution vendor in Workforce Management with a true Software-as-a-Service (SaaS) offering.  Accero has a long demonstrated history providing payroll and benefits software with advanced workforce intelligence capabilities for mid-size and large enterprises internationally, and specializes in complex corporate environments.

Collectively, these acquisitions add an additional 1,000 new customers with millions of global users making SumTotal one of the largest Talent Management providers in the industry and one of the most complete strategic HCM providers. With customers such as Dell, Google, Sony Electronics, AstraZeneca, HBO, Tommy Bahama, Aer Lingus, US Airways, British Airways, and Rolls-Royce, SumTotal maintains a market leader position with global presence in every market segment and deployed in over 160 countries. Customers gain the value of the most complete solution available, a larger customer community to share best practices, increased vertical domain expertise, and best-in-class functional capabilities. In addition, SumTotal will continue to support and innovate all product lines and ensure existing customer investments remain secure. This proven customer-centric model galvanizes SumTotal’s commitment to customers as the company rapidly integrates and advances its best-in-class capabilities.

SumTotal now offers customers the most complete HR solution that manages strategic HCM functions including Talent Acquisition (acquire to onboard), Talent Management (perform to reward), Talent Development (assess to develop), and Workforce Management (schedule to pay), including integrated core system of record. Customers achieve the benefit of a single comprehensive solution that addresses strategic HCM processes, at a lower total cost of ownership and with best-in-class capabilities and a superior user experience.

“Customers are requiring more end-to-end solutions for enabling strategic, high-value HCM processes across their entire organization, while having ‘one-hand-to-shake’ with their delivery partner,” said John Borgerding, CEO of SumTotal Systems. “We have raised the bar for how organizations manage their workforce by providing complete visibility and strategic planning in a single solution that enables better decision making. Traditional vendors only touch the surface and focus on process automation or record keeping, and point solutions only address process silos and don’t scale to all organizational models. SumTotal is the only vendor that can provide this new level of breadth and depth for customers.”
For more information on SumTotal Systems, please visit  www.sumtotalsystems.com.

 
Matt Lafata, HRchitect

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Peoplefluent Appoints Neal Bruce VP Product Management…from Peoplefluent

July 4, 2011

 

Eighteen-Year Monster Worldwide and First Advantage Executive Brings Deep Market Expertise, Proven Product Vision and Talent Industry Thought Leadership to Company 

HRchitect includes Peoplefluent in our list of top Talent Acquisition Systems vendors and top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

Peoplefluent™, formerly Peopleclick Authoria, offering a unique combination of best-of-breed suite solutions for Talent Management, Vendor Management and Workforce Compliance and Diversity, recently announced the appointment of Neal Bruce as the new Vice President of Product Management for Talent Management Suite. In this role, Bruce, a longtime proven veteran with executive roles in operations, sales, marketing and product management at First Advantage and Monster Worldwide, will be responsible for driving the product strategy, roadmap, schedule and vision for the company’s Talent Management Suite.  His purview will include the Company’s breakout Talent on the Move mobile line, which received strong industry acclaim during its launch earlier this week.  (See Company’s Talent on the Move June 27, 2011 press release and industry analyst reviews).

“Neal brings more than 18 years of deep market expertise, proven product vision and Talent industry thought leadership to Peoplefluent’s Talent Management SaaS and mobile Talent Management product suite,” said Charles Jones, Chairman and CEO of Peoplefluent. “We are focused on innovating new and powerful products designed to help our customers amplify the contribution and emotional connection of each member of their teams through the most engaging and immediate technology in the market.  Neal will play an integral role in developing and driving customer-centric solutions that help our clients address the total workforce and align talent management strategies with their overarching business goals.”

Prior to joining Peoplefluent, Bruce served as the senior vice president of Product at First Advantage where he was responsible for overseeing a broad set of human capital management product offerings.  He has also held several senior management roles for Monster Worldwide, including Vice President of Global Innovation, Vice President of Alliances, and director of Enterprise Products & Alliances. Earlier in his career, Bruce spent more than 11 years in Human Resources progressive staffing roles from recruiting manager to director of Global Staffing, including leadership positions at Parametric Technology where he managed global staffing, and at Ernst & Young where he served on a management team directing the worldwide MBA recruitment program.

Commenting on his new position, Neal Bruce said, “I am very excited to be driving the product management agenda for the industry’s broadest and deepest integrated Talent Management suite.  Thinking about these products in conjunction with each other, rather than in silos, enables Peoplefluent’s undeniable leadership in workforce analytics.  This is an incredibly exciting time to be joining Peoplefluent.  The innovation, momentum and inspiration are palpable, and I am delighted to be on this driven team and on this winning trajectory.”

For more information, please visit www.peoplefluent.com.

 
Matt Lafata, HRchitect

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Peopleclick Authoria articulates vision and underscores enhanced TM analytics offerings with rebrand as Peoplefluent.…from Peoplefluent

June 27, 2011

 

New Corporate Identity Results From Broad Industry Focus Group Research and Comprehensive Brand Identity Engagement

HRchitect includes Peopleclick Authoria in our list of top Talent Acquisition Systems vendors and top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

Peopleclick Authoria, offering a unique combination of best-of-breed suite solutions for Talent Management, Vendor Management and Workforce Compliance and Diversity, today announced its emergence under a new vision-driven brand as Peoplefluent™.  The new corporate identity launches following a three month brand engagement, commencing first with its 650 employees then through extensive focus group research with top Human Resources executives from a range of geographies, industries and disciplines.  The research findings represent views from both mid-sized organizations and large global businesses.  The Peoplefluent™ image, logo and website will be formally launched today at Society for Human Resource Management (SHRM) Conference in Las Vegas, running from June 26-29, 2011 (visit the Peoplefluent™ at booth #2117).

Commenting on the name and brand, Charles S. Jones, Chairman and CEO of the new Peoplefluent, said, “We are very pleased with the direction provided to our new brand by a comprehensive group of senior HR management professionals that comprise our target audience.  It is a powerful endorsement of our long-term vision and the true potential of the changing integrated Talent Management Suite.” 

This broad Talent Management endeavor demands a level of fluency about individual employees far greater than what has been realized in the marketplace today. With the new Peoplefluent brand, the Company sets out to establish a new identity that better reflects the customer-inspired vision it conceived and began to build more than a year ago.

In the past two years, Peopleclick Authoria has deftly executed a deliberate and calculated evolution of its vision to engage and understand the total workforce.  Fueled by the needs of its customers, the Company has dramatically expanded its product lines and capability through strategic acquisitions investing almost $200 million.  The Company has also spent more than $61 million over approximately two years on research and development with a targeted focus on analytics, collaboration and mobile applications.  In addition to the traditional components of a Talent Management suite, which would include, recruiting, compensation, performance management and succession planning, the Company’s solutions also enable the broadest view of the entire workforce. This workforce view is inclusive of employee and non-employee workers, and addresses the complex needs of compliance and diversity and it offers unmatched visual data and workforce analytics. 

“Ultimately, one of the greatest values of Talent Management software is its ability to deliver actionable information about people to line managers and executives – essentially making the organization ‘fluent about the people’ part of the business,” said Josh Bersin, CEO and President of Bersin & Associates.  “Peoplefluent has always had one of the most powerful and complete solutions for workforce analytics and decision making, so the new name captures this strength of helping organizations unlock and leverage knowledge about their people.”

In the coming weeks, Peoplefluent intends to announce a new ‘Fluency Methodology,’ a structured customer engagement model built around five essential Talent Management assessment criteria.  This new methodology is being developed to assist customers in understanding their own workforce environments and opportunities, to help them address the changing market conditions that are impacting the total workforce landscape, and to support them with proven expertise in the deployment of collaborative and mobile initiatives.  In addition, this week, Peoplefluent will be introducing its new Fluency on the Move mobile product line, broadly expanding its product reach and capability.

Visit the Company’s new corporate website at www.peoplefluent.com.

 
Matt Lafata, HRchitect

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Cornerstone OnDemand CEO Adam Miller Wins Ernst & Young Entrepreneur of the Year 2011 Award…from Cornerstone OnDemand

June 24, 2011

 

HRchitect featured Cornerstone OnDemand in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Charles Coy participated in the HRchitect WebMingle on January 16, 2009. Cornerstone OnDemand participated in the Talent Management Systems Beauty Pageant in December 2008, where they were crowned the winner.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

Learning and talent management software provider Cornerstone OnDemand (NASDAQ: CSOD) today announced that the company’s president and CEO, Adam Miller, has been honored as an Ernst & Young Entrepreneur of the Year 2011 Greater Los Angeles Award winner in the technology category. 

Miller was selected among other leading entrepreneurs by an independent judging panel made up of previous award winners, leading CEOs, private capital investors and other regional business leaders.  Awards are given to entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities.  Winners were revealed at a gala event Tuesday evening, June 21, at The Beverly Hilton. 

“It is an honor to be recognized by Ernst & Young as an Entrepreneur of the Year Award winner,” said Miller.  “Over the years, I’ve found there are four keys to successful entrepreneurship: persuasiveness, persistence, perseverance and a great team. The support of friends, family and team members has been essential over the years in building Cornerstone OnDemand into one of the world’s fastest growing publicly-traded SaaS companies.”

Since Miller founded Cornerstone OnDemand in 1999, the company has enjoyed rapid business growth, an expanded global presence and industry-leading product innovation, resulting in an initial public offering in March of this year.  Cornerstone is recognized among the leading SaaS-based talent management solution vendors by top industry analyst firms such as Gartner, IDC, Forrester and Bersin & Associates.  The company also has been ranked among the fastest growing companies in North America by organizations such as the Deloitte Technology Fast 500 and the Inc. 5000.

Miller also is the chairman of the Cornerstone OnDemand Foundation, which leverages Cornerstone’s expertise, solutions and partner ecosystem to help empower communities.  With a focus on education, workforce development and disaster relief, the Foundation has developed strategic partnerships with Teach for America, the New Teacher Project, Feeding America, Oxfam, Save the Children, the Taproot Foundation and many other leading non-profits.

“Ernst & Young has honored outstanding entrepreneurs like this year’s winners for the past 25 years,” said Brian Ring, program director for Ernst & Young LLP Entrepreneur of the Year Greater Los Angeles.  “These business leaders have accomplished so much and contributed a tremendous amount to the community.  They give us hope for what the next 25 years of entrepreneurs will bring.”

As a Greater Los Angeles Award winner, Miller is now eligible for consideration for the Ernst & Young Entrepreneur of the Year 2011 National Award.  Award winners in several national categories, as well as the overall national award winner, will be announced at the annual awards gala November 12, 2011 in Palm Springs, Calif.  

For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com.

 
Matt Lafata, HRchitect

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PageUp People Extends Talent Management Solution with Compensation Functionality…from PageUp People

June 7, 2011

 

Award-Winning Provider Responds to Market Trends and Client Requests with Compensation Enhancements

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

Leading Talent Management solutions provider, PageUp People, today announced its latest product release, which adds compensation functionality to its performance management system.

With this latest offering, PageUp People integrates compensation with its performance management module to enable line managers to grant annual merit increases as well as allocate bonuses and stock options based on company policies and guidelines. Having these capabilities coupled with the performance processes enables organizations to effectively correlate the impact of compensation on high performance. 

According to the latest compensation planning and analysis research bulletin from Bersin & Associates, “Getting Compensation Right: The Value of Compensation Analysis and Planning Tools,” more than 90 percent of performance and talent management software applications are not integrated with any form of compensation management solution. As a result, HR is spending more time on program administration than analyzing data to effectively support their people strategy.

With PageUp People’s new functionality, managers can prevent compensation budget overruns by allocating increases and bonuses more effectively and reduce flight risk by rewarding high potentials and top performers.

“Compensation modules have traditionally been the least deployed of the talent management applications because compensation practices differ based on an organization’s culture and pay philosophy,” stated Karen Cariss, Global CEO, PageUp People. “Recognizing that compensation is a critical component in attracting and retaining talent, PageUp People has responded with a flexible solution that automates and streamlines compensation planning and can be tailored to support each organization’s unique pay practices. Integrating compensation planning with the performance system will support an effective compensation program and drive bottom line results.”

Bringing compensation technology into the performance management suite helps guide busy line managers through each stage of the process, ensuring standardization and reduced risk. PageUp People’s combination of its leading Software as a Service (SaaS) solution and best practice talent management consulting practice provides a foundational platform so that effective individual performance discussions can achieve intended business results.

PageUp People’s Performance Management solution allows an organization’s employees to benefit from clear objectives and ‘no surprises’ performance reviews with remuneration linked to performance. More information about PageUp People’s Performance Management solutions can be accessed at http://www.pageuppeople.com/Perf_Man.htm.

For more information on PageUp People, please visit www.pageuppeople.com

Matt Lafata, HRchitect

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Lumesse – formerly StepStone Solutions – launches global talent survey…from Lumesse

May 10, 2011

 

  • Survey shows age is a major factor in workplace happiness – mid-career workers least happy
  • Gender differences in pay rises, training, work satisfaction still common in some countries
  • Training, performance reviews, recognition and workplace trust remain major employee issues

HRchitect includes StepStone in our list of top Talent Acquisition Systems and Top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

Lumesse – the new name from today for StepStone Solutions – has revealed the first findings of ‘Inspiring Talent’ – a detailed, independent survey* of employee attitudes to their jobs and employers. Sourced from almost 4000 employees in larger companies in 14 countries worldwide, including the US, UK, Germany and China, the survey reveals the different attitudes to work and employers among older and younger workers, men and women, and different regions. The survey found, for example, that the oldest and youngest workers were the happiest, with employees starting work and nearing retirement consistently reporting higher levels of workplace satisfaction than their stressed-out, mid-career colleagues. Differences in pay rises, training opportunities and job satisfaction between men and women were still common, suggesting that not all employers have made good progress in equalising the workplace experience between the sexes in recent years. Other key findings include:

US employees are most likely to describe their companies as very successful; Swedish the least.

  • French employees are the most loyal, while Scandinavians are the happiest. UK employees rank second last for job satisfaction.
  • Chinese staff are almost three times as likely to report large pay rises as the global average.
  • Less than a quarter of employees always feel trusted to make important decisions.
  • More men (10%) than women (8%) report a large pay increase (over 20%) since 2008
  • Almost 40% of older workers (56 – 60) believe they will be recognised and rewarded if they work harder or take extra responsibility; only 19% of Gen Y (18 – 25) agree. 

StepStone Solutions, one of the world’s leading talent management companies, also today announces the rebranding of the company as ‘Lumesse.’ With rapid growth in its ‘Software-as-Service’ solutions over recent periods, and an active user base well in excess of a million people in 70 countries, the new brand is the first step in making Lumesse an increasingly high-profile, global player in the fast-growth talent management sector.

Lumesse is positioned in the ‘Leaders’ quadrant in Gartner, Inc’s 2011 “Magic Quadrant for Employee Performance Management Software. Leaders have strong product functionality and, often, provide superior customer experience. In addition, these vendors have strong direct sales and/or channel sales capabilities. Leading vendors also have strong or emerging multinational solutions (with corresponding service and support).

“As Lumesse we are building a new kind of company, a high technology talent management business that doesn’t talk about technology, but about people and their potential,” said Lumesse CEO, Matthew Parker. “Our rebrand is a watershed in our company development, but it’s much more than a change of name. We’re building a global talent management business that acts like a local company – a company that can help both employers and employees have better jobs and better results.  And our ‘Inspiring Talent’ survey shows that many companies have a long way to go in getting the best from their people and in giving them careers that really inspire them.”

The Lumesse ‘Inspiring Talent’ survey shows that issues remain in the way many employers use the talents of their staff. Training, performance reviews and workplace trust remain an issue with only half of employees reporting that they have an effective appraisal process and only one third saying that good training is regularly available. Less than one in five employees said they would always be rewarded for taking extra responsibility or working harder.

Regionally, the survey found wide variations in attitudes across the 14 surveyed countries. US staff were most upbeat about their companies’ success. The happiest employees were in the Nordic countries, with over 80% saying they enjoyed going to work; the least happy in Hong Kong, with only half claiming to be happy. However, the UK also did not fare well, being second last in the happiness stakes. When it comes to loyalty 57% of French employees planned to stay with their employers ‘forever’ – at the other end of the loyalty scale the UK and Netherlands (24%) were beaten only by Singapore, in last place for long-term loyalty at just 17%.

The full report, Inspiring Talent 2011, will be available from Lumesse later in June 2011.

Formed in 2003, StepStone Solutions separated from its parent company in a management buyout backed by HgCapital in April 2010. With over 1,700 customers, including major brands such as Bank of China International, Deutsche Telekom, Heineken, Merck, PSA Peugeot Citroën and Virgin Atlantic, and employees in 17 countries, Lumesse is a high-growth global success story in the talent management market. Lumesse provides ‘Software-as-a-Service’ solutions in both talent acquisition and talent management, with well over a million active users of its technology, served from global data centres.

“Many companies seem to be doing a great job in providing inspiring, supportive workplaces for their people,” adds Matthew Parker, Lumesse CEO. “But the report card for many others has to be ‘could do better,’ especially in areas like training, career development, performance appraisals and job recognition. As Lumesse we’ve set out a clear statement of our company values, based on what our people said they wanted the company to be, with a strong emphasis on our ability to provide a working environment and culture that inspires people – in Lumesse and in our customers – to do better and have more fun.”

“The talent management software market continues to grow in size and importance, yet it appears crowded, noisy and undifferentiated to buyers,” said Josh Bersin, President and CEO of Bersin & Associates, a leading analyst firm in human resources and talent management.  “Lumesse’s focus on creating a global brand which focuses on the ‘people benefits’ of talent management gives the company a clear and differentiated vision which goes far beyond the features and capabilities of software itself.”

“Our rebrand to Lumesse is the end of a long project and the start of a new chapter in our history,” said Michelle Martin, Global Head of Marketing. “The brand reflects the kind of company our people said they want to work for – vibrant, human, fun but focused, global in scale but local in execution and, above all, a business that generates fantastic outcomes for its customers and inspiring careers for their people.”

For more information on Lumesse, please visit www.lumesse.com
Matt Lafata, HRchitect

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SuccessFactors to Acquire Enterprise Learning Leader Solidifies Position as the HCM cloud-based SaaS Market Leader…from SuccessFactors

April 26, 2011

 

Acquisition fills an urgent need requested by SuccessFactors customers

HRchitect featured SuccessFactors in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems vendors that businesses should consider. HRchitect is proud to sponsor the 2011 SuccessConnect event in San Francisco.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

SuccessFactors, Inc. (NASDAQ: SFSF), the global leader in business execution cloud-based SaaS software, has entered into a definitive agreement to acquire Plateau, the leading learning management system (LMS), a Next Generation Portal technology, and CaaS- Content as a Service. This acquisition forms a symbiotic combination with SuccessFactors’ acquisition of social video mobile learning provider Jambok.

Customers will now have the ability to further increase employee development and business execution by implementing a comprehensive social and traditional learning strategy that includes evangelizing internal experts, utilizing easy-to-use video creation and sharing tools, as well as managing, developing, and deploying online, instructor-led and self-study training. 

“I first met Paul Sparta, CEO of Plateau, 8 years ago, and what struck me, and has stayed with me, more so than any founder or CEO whom I have met in our industry, was how seriously and incredibly committed he was to two key drivers: 1) his customers’ success through superior product and domain expertise; and 2) building a financially strong and profitable business,” said Lars Dalgaard, founder and CEO of SuccessFactors. “With more than 15 million combined users, and the biggest R&D budget and largest domain expertise, in the HCM cloud-based SaaS industry, we can compete more effectively with some of the incumbent HCM vendors’ total suite, and continue to surprise and excite customers with the next decade of innovations.”

“Plateau will accelerate SuccessFactors’ strategy markedly. SuccessFactors’ game-plan’s four key drivers will all be strengthened substantially: 1) customers achieving better results through the SuccessFactors suite, expertise and commitment; 2) building for great cash profitability; 3) continuing to build towards one of the SaaS cloud-based HCM industry’s strongest global customer and sales field force; and 4) offering a leading comprehensive suite of relevant and proven Business Execution applications. Like SuccessFactors, Plateau has had success with the biggest and most complex customers, including Plateau’s long time customer General Electric, and this makes Plateau the best choice for SuccessFactors, and we believe an excellent choice for customers, and prospects,” Dalgaard continued.

“SuccessFactors approaches integrated talent management in an innovative way that really impacts our business,” said Carol Anderson Chief Learning Officer at Marriott International, Inc.   “With the additions of Plateau’s LMS and Jambok’s social learning technology, SuccessFactors is clearly changing the market and offering a unique advantage to its customers.”

“Plateau has a long history of delivering innovation and has consistently been recognized in the top 1 or 2 position as a leader in LMS from analysts during the last couple of years, including Forrester, Gartner, IDC and Bersin & Associates.  Plateau is also recognized for its industry-leading levels of customer satisfaction, and what made an acquisition of this size possible is that Plateau’s renewal rates are at approximately 99 percent. We have been overwhelmed by the number of customers globally who have requested LMS, specifically on SuccessFactors’ enterprise platform. We estimate 80 percent of our sales force has active opportunities, and customers have specifically identified having Plateau’s industry-leading LMS on SuccessFactors’ platform as particularly desirable, which has helped to reduce the financial risk,” Dalgaard continued.

“Plateau has been recognized for its traction in SaaS, and technologically.  SuccessFactors and Plateau are more alike than any other platforms. We think the fact that Plateau, like SuccessFactors, is built using Enterprise Java, J2EE, also reduces the execution risk and thus, helped make the case for this acquisition a lot more compelling. Since J2EE is delivered with a focus on interoperability, portability and true enterprise class scalability, both teams anticipate a cleaner and smoother code assimilation. SuccessFactors has set achievable, yet aggressive, timeframes to fully integrate Plateau’s LMS solution,” said Aaron Au, co-founder and CTO of SuccessFactors.

“Plateau has many great team-members who are excited to join forces with us to deliver a robust HCM SaaS offering to companies everywhere,” Dalgaard continued. “Their track record, customers, team members, recognition, recurring revenue stream, existing demand and real pipeline, and extraordinary smorgasbord of innovation were enough to do the acquisition. Add Plateau’s strong presence in the Federal business, and the pharmaceutical industry, the excitement and strength of the Plateau team and its new “Flex” UI that both companies see as innovative to the industry, and the acquisition became a lot more valuable.”

“Plateau’s solutions are designed to help companies improve organizations’ operations across the board by providing employees, executives, and the extended enterprise clear visibility and access to the information and learning needed to perform effectively.  In practice this includes managing learning, compliance, goals, positions, compensation and many other aspects of an organization,” said Paul Sparta, chairman and CEO, Plateau.  “Plateau’s strategy fits hand-in-glove with the broad strategy of SuccessFactors’ Business Execution.  Where SuccessFactors and Plateau have common approaches to many parts of the HCM lifecycle historically, we are now positioned exceptionally well to quickly unify what is common and more heavily invest in the kinds of innovation the market has yet to see in HCM.”

“In short, I am personally relishing the opportunity to work with some of the great minds that SuccessFactors has now assembled.  I very much look forward to sharing it with the world in the coming months,” Sparta continued.

Through its acquisitions over the past year, SuccessFactors has continued to build on its core BizX solution and revolutionize the market. This acquisition extends the company’s leadership by enhancing its current career and development planning offerings, integrating the entire employee lifecycle experience, as well as positioning the company as the leader in the HCM cloud-based SaaS market. Based on initial estimates, the combined companies will have more than 15 million users.

“Learning and development is an integral part of the entire employee lifecycle starting with the on-boarding process and how quickly new employees can be productive,” said Karie Willyerd, vice president of learning and social adoption, SuccessFactors, and founder and CEO of Jambok. “Historically the primary role of a learning management system was to reduce the cost of training and training administration, improve compliance, provide a platform to improve employee skills and time to competency, and to standardize processes and content.  At SuccessFactors, we are moving beyond these ‘core’ drivers of learning to now address business performance and aligning business goals and skill requirements with learning and development, using cutting-edge SaaS technologies.”

Plateau brings more than 350 customers to SuccessFactors. After the deal closes, Plateau’s SaaS based LMS will be integrated directly into SuccessFactors’ BizX suite providing deeper opportunities for companies to bridge the execution gap by more effectively on-boarding, training, certifying, and linking learning to overall performance, goals, and employee engagement.

“This is, in my opinion, a merger of true leaders. SuccessFactors and Plateau are both thought leaders, product leaders and service leaders,” says Lisa Rowan, program director, HR, Talent, and Learning Strategies for IDC. “Plateau emerged as a leader this year in IDC’s annual MarketScape on Integrated Talent Management joining SuccessFactors there. A big part of Plateau’s ascension is the satisfaction of the Plateau client base. “

“In today’s fast-paced business environment, organizations need to rapidly integrate their systems for employee hiring, management, and development into a strategic process,” said Josh Bersin, President and CEO of Bersin & Associates, a leading analyst firm in corporate learning and human resources.  “SuccessFactors’ acquisition of Plateau brings together the market share leader in talent management with one of the market leaders in learning management to create a global powerhouse in end-to-end talent management software.”

Under the terms of the acquisition agreement, SuccessFactors will pay $145 million in cash plus $145 million in stock, approximately $15 million is for employee stock options and RSUs, for Plateau. The acquisition is subject to various closing conditions, including filings under the Hart-Scott-Rodino Antitrust Improvements Act and the issuance of a permit from the California Department of Corporations, and is currently expected to close during summer 2011.

 For more information on SuccessFactors, please visit www.successfactors.com
Matt Lafata, HRchitect

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Taleo Acquires Cytiva Software…from Taleo

February 1, 2011

 

Extends Leadership and Increases Market Share in the SMB Market

HRchitect featured Taleo in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. Kevin Marasco, VP Brand Marketing with Taleo appeared on the HRchitect WebMingle on November 6, 2009. HRchitect attended the 2010 TaleoWorld conference and HRchitect’s Matt Lafata, one of the industry’s leading talent management systems analysts, attended Taleo’s annual Sales and Services meeting in 2010 & 2011.

If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced it has signed a definitive agreement to acquire Cytiva (TSX-V: CRX), a leading mid-market provider of on-demand recruiting software solutions, for approximately $11 million Canadian dollars in cash.

This acquisition solidifies Taleo’s leadership position in talent management for small and medium-sized businesses, and will extend Taleo’s customer base that will benefit from Taleo’s unified talent management platform. The acquisition continues Taleo’s commitment to offer SMB customers a fully optimized talent management suite to meet the unique needs of this market.

Cytiva software is used by more than 250 companies throughout North America including Restoration Hardware, Ocean Spray and Mediacom. Cytiva has been recognized by Bersin and Associates for its candidate and hiring manager user experience.

“We are excited about the opportunity to continue providing Cytiva’s customers with a high level of service and support while bringing them the advantages of Taleo’s full suite of recruiting, performance, succession, compensation, and learning capabilities,” said Michael Gregoire, Chairman and CEO of Taleo. “Through our experienced, dedicated integration team we will ensure that our new customers’ needs are heard and addressed as they leverage all of Taleo’s capabilities to better know their people and drive business results.”

The acquisition is subject to customary closing conditions, including regulatory approval, and is expected to be completed early in Q2, 2011.

For more information on Taleo, please visit www.taleo.com
Matt Lafata, HRchitect

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SHL and PreVisor Merge to Create Global Leader in Talent Management…by SHL

January 11, 2011

 

Offers Organizations the World’s Largest Resource of Talent Assessment Solutions, Data and Expertise

If you are looking for a new Talent Acquisition System, Talent Management System, or any HR system, talk to HRchitect first. HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

Two of the biggest talent assessment pioneers, SHL and PreVisor, today announced they have merged to create the global leader in talent management. The combined company will be known as SHL, delivering more than 15 million assessments annually in over 150 countries and over 30 languages. Terms of the transaction were not disclosed. Both SHL and PreVisor are privately held companies.

The new organization will transform the talent management market by bringing together best-in-class innovation, assessment science and services to improve the business results and performance of organizations through superior people decisions. The merged company will be able to provide customers with the broadest range of assessment solutions for roles at all levels and to support decisions from recruitment to succession planning, in more languages and countries than any other talent management provider.

“As the economy improves, organizations are looking for globalized, integrated, science-based solutions for recruiting and talent assessment,” said Josh Bersin, President and CEO of Bersin & Associates. “The merger of SHL and PreVisor creates a global market leader that can both advance the state of the industry and meet the needs of growing companies around the world.”

“As organizations look longer-term to support their growth objectives, quicker and more accurate visibility into talent gaps and workforce readiness is critical”, said Kevin Martin, Senior Vice President of Research Operations at Aberdeen Group. “The merger between SHL and PreVisor brings together two leaders in pre and post-hire assessments that combined, has the potential to support an organization’s global talent management needs from entry-level to executive job roles.”

The combined company will have over 850 employees with a presence in more than 50 countries, and through the merger becomes the largest employer of business psychologists anywhere in the world outside the public sector. These capabilities alongside a world-class consulting practice and a 24-hour customer support center means SHL will be able to offer clients both global expertise and local insight, alongside access to over 1,000 assessments through an easy-to-use technology platform.

“For more than 30 years, SHL and PreVisor have been at the forefront of talent management, and so the announcement of our merger is an industry-defining moment,” said David Leigh, Chief Executive Officer, SHL, who will become CEO of the newly formed SHL Group. “This decisive move will accelerate the creation of a truly global leader in people intelligence, fundamentally changing the talent management market. The scientific rigor, innovation and technology leadership combined with the largest pool of industry experts and data, will make us the foremost global authority on driving business benefit through more effective people decisions.”

“This is a significant day for our customers, partners and employees across the globe. By joining forces we will be able to drive even greater innovation and value within the talent management marketplace,” said Noel Sitzmann, Chief Executive Officer, PreVisor. “Through the science of people intelligence, the company will be able to embed talent assessment solutions within our clients’ processes, improving hiring and development decisions and generating greater ROI for their talent management programs.”

SHL will be headquartered in London, with offices in North America, Europe, Middle East, Africa, Asia and Australia / New Zealand.

The scale of services available to clients is the reason why over 50% of the Fortune Global 500, 80% of FTSE 100 and half of the Australian Stock Exchange (ASX) count on SHL and PreVisor for their people and talent management solutions and services, including Barclays, Coca-Cola, Danone, General Mills, Marks & Spencer, Microsoft, Sprint, Target, Time Warner Cable, UnitedHealth Group, Vodafone, and Xerox Corporation.

SHL is a portfolio company of UK-based private equity firm Hg Capital, and PreVisor is a portfolio company of US-headquartered private equity firm Veronis Suhler Stevenson (VSS). By way of the merger, Hg and VSS shall each continue their ownership of the combined company in partnership.

For additional information on the merger and the combined business please go to www.shl.com/merger.
Matt Lafata, HRchitect

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SumTotal Systems Acquires GeoLearning…from SumTotal Systems

January 5, 2011

 

Industry’s Largest & Most Complete Talent Management Provider Extends Leadership Position and Expands into Additional Target Markets 

HRchitect featured SumTotal Systems in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Kimberley Kasper, VP of Marketing, and Jon Ciampi, VP of Product Management with SumTotal Systems appeared on the HRchitect WebMingle on May 1, 2009. SumTotal Systems also competed in the HRchitect Beauty Pageant on Employee Performance Management Systems in February 2009, where they were crowned the winner. Dave Watkins, Softscape’s CEO and Co-Founder appeared on the HRchitect WebMingle on June 19, 2009.

If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

SumTotal® Systems, Inc., the global leader in complete talent management solutions, today announced that it has acquired GeoLearning. This strategic acquisition expands on the company’s significant growth and momentum and further solidifies SumTotal’s market leadership position by adding proven go-to-market capabilities in mid-market, government, and extended enterprise market segments. The combined footprint provides unparalleled capabilities that cover the complete spectrum of Talent Management business needs. SumTotal now represents the industry’s largest and most complete provider of learning and talent management software across the globe with full end-to-end capabilities and market dominance.

“With the acquisition of GeoLearning, SumTotal has snapped up one of the leading LMS players to even more firmly establish its #1 position in the learning market and strong position in integrated Talent Management Systems,” said Josh Bersin, president and chief executive officer, Bersin & Associates. “GeoLearning’s strengths in SaaS, extended enterprise solutions, and managed services for the SMB and mid-market will help SumTotal continue to grow its leadership position in all segments of the market.”

Founded in 1997, GeoLearning is the leading provider of managed services and on-demand learning management software. GeoLearning has a recognized history of innovation with comprehensive software products to address the needs across both employee development and extended enterprise. Companies, government agencies, and non-profit organizations rely on GeoLearning‘s deep domain expertise to drive organizational performance. GeoLearning has been the ideal partner for organizations seeking to increase sales, accelerate time to market, raise productivity, generate new revenue streams, and reduce expenses.

With customers such as Sony Electronics (NYSE: SNE), Amway (KUL:AMWAY), Seagate (NYSE: STX), Dell (NASDAQ:DELL), and Google (NASDAQ:GOOG), SumTotal represents the industry’s largest provider of learning and talent management solutions with over 39 Million users across 2,300 global customers. The company’s talent management software offering is leading the industry with integrated learning, performance, compensation, succession, development, 360 feedback, hiring, social collaboration, planning, workforce analytics, and core HR management, all from a single vendor. This strategic acquisition fulfills SumTotal’s promise to the market to provide the most complete talent management offering and to every market segment.

“This is great news for our customers who now have access to additional expert resources and a comprehensive offering that spans all strategic HR functions,” said Scott Andriano, Senior Vice President of Sales at GeoLearning. “With significant backing focused on delivering real long-term customer value, our combined companies have the ability to more rapidly invest and scale to support growing customer demand.”

The acquisition provides customers with many immediate benefits: 

  • Fully integrated Talent Management covering the business needs of every market segment
  • Established localized operations with customers deployed in 156 countries in 39 different languages
  • Significant resource expansion across R&D, Services, Support, & Account Management
  • Deep domain & subject matter expertise across 38 different verticals
  • Expansive user community sharing best practice in Fortune 500, mid-market, government, and extended enterprise markets
  • Proven leadership with extensive knowledge in HR & technology advancement
  • Single vendor solution that mitigates customer risk

“These are exciting times for our industry, and our mission remains focused on significantly increasing the value our customers gain from partnering with SumTotal,” said John Borgerding, CEO of SumTotal Systems. “The focus and dedication our team has for customers and this industry is represented in this strategic acquisition. As the true market leader, we will continue to innovate, accelerate, and help our customers to achieve new levels of success.”

For more information on SumTotal Systems, please visit  www.sumtotalsystems.com.
Matt Lafata, HRchitect

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SumTotal Confirmed as a Market Leader with Largest Global Market Share in Learning Management Software…from SumTotal Systems

December 23, 2010

 

Latest Industry Report Recognizes Company for its Complete Learning Management Capabilities

HRchitect featured SumTotal Systems in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Kimberley Kasper, VP of Marketing, and Jon Ciampi, VP of Product Management with SumTotal Systems appeared on the HRchitect WebMingle on May 1, 2009. SumTotal Systems also competed in the HRchitect Beauty Pageant on Employee Performance Management Systems in February 2009, where they were crowned the winner. Dave Watkins, Softscape’s CEO and Co-Founder appeared on the HRchitect WebMingle on June 19, 2009.

If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

SumTotal® Systems, Inc., the global leader in complete talent management solutions, today announced it was positioned as a market leader in latest industry report from Bersin & Associates, “Learning Systems 2011: The Definitive Buyer’s Guide to the Global Market for Learning Management Solutions .” SumTotal continues to lead the market with ongoing growth, expansion, and product innovation delivering real value to customers and helping organizations around the globe better manage their workforce.

The in-depth report from the industry’s leading authority on Learning Systems contains a detailed review of the learning management systems (LMS) and related markets, including an evaluation of market trends, profiles of the top providers, and Bersin’s proprietary Market Maps® to help buyers understand the positioning of providers including SumTotal.

“We believe the market has started to segment itself into several broad categories of LMS companies, and as our study indicates, SumTotal with its acquisition of Softscape continues to strengthen its position among vendors offering integrated Talent Management suites,” said David Mallon, principal analyst, Bersin & Associates. “When you look at our study, which calls out the range of features now offered by SumTotal, it’s easy to see that the company is now also a credible and a major new force in talent management software.”

Per the report, SumTotal offers one of the most complete sets of functionality for core learning management and is designated as the global market share leader. SumTotal is further recognized for being “highly configurable” and for its “experience deploying solutions in large, multinational organizations.” The report concludes: “We believe SumTotal’s product is best-suited to large, global organizations. The company also offers full-featured products targeted to the midmarket and delivered on-demand in the SaaS model.”

“As an industry expert, Bersin & Associates has a clear perspective of the learning management market and customer needs,” said John Borgerding, CEO of SumTotal Systems. “We are honored to have been included in their market report and positioned as a leader. With our long history in learning and talent management, SumTotal has a deep understanding of what it takes to help make customers successful. Our customers trust and rely on our global expertise in deploying long-term talent management strategies that drive tangible business results.”

For more information on SumTotal Systems, please visit  www.sumtotalsystems.com.
Matt Lafata, HRchitect

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