Taleo Announces Second Quarter Results…from Taleo

August 9, 2011

 

Billings up 36% Year Over Year; Deferred Subscription and Support Revenue up 45% Year Over Year; Added 275 New Customers; 7 Greater Than $250k in Annual Subscription Value

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, 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!

Taleo Corporation (NASDAQ: TLEO), the global leader of SaaS-based Talent Management solutions, last week announced strong results for its second quarter 2011.

“We saw exceptional growth and momentum across key metrics in our second quarter,” said Michael Gregoire, Taleo’s Chairman and CEO. “We are seeing more customers standardizing on Taleo across all areas of talent management and they tell us that the talent intelligence they garner from Taleo is giving them a powerful competitive advantage.”

Taleo delivered the following results for the second quarter 2011: 

Second Quarter Revenue: Subscription revenue for the second quarter was $55.2 million, an increase of 15% on a year-over-year basis. Subscription revenue was reduced by a $6.5 million reserve for the settlement of claims asserted by the United States government. The claims related to a subcontract entered into in 2002 through which services were provided to the Transportation Security Administration (“TSA Settlement”). For further details on the TSA Settlement, please see our report on Form 8-K filed on August 4, 2011. Professional services revenue for the second quarter was $14.5 million, an increase of 74% on a year-over-year basis. Total revenue for the second quarter was $69.7 million, an increase of 24% on a year-over-year basis, which includes the reduction of $6.5 million reserve for the TSA Settlement.

Non-GAAP subscription revenue for the second quarter was $63.6 million, an increase of 32% on a year-over-year basis. Non-GAAP professional services revenues for the second quarter was $15.2 million, an increase of 82% on a year-over-year basis. Non-GAAP subscription revenue for the second quarter has not been reduced for the $6.5 million TSA Settlement. Total second quarter non-GAAP revenue was $78.7 million, an increase of 39% on a year-over-year basis.

Second Quarter Loss per Share: Second quarter net loss per share was $(0.20), compared to a net loss per share of $(0.04) a year ago.

Significant items impacting net loss per share included: 

  • The TSA Settlement, which reduced second quarter revenue by $6.5 million;
  • An agreement reached with Kenexa, disclosed in our filing on Form 8-K on July 5, 2011, under which we agreed, among other things, to dismiss with prejudice all outstanding lawsuits, to cross license certain patents, and to make a one-time cash payment of $3.0 million. The agreement resulted in a $2.4 million charge to general and administrative expenses in the second quarter; and
  • $3.2 million in cumulative refundable tax credits associated with Taleo’s acceptance during the second quarter into a Quebec provincial investment tax credit program for 2009, 2010 and 2011. The credits were reflected as a reduction in cost of revenues and operating expenses in the second quarter.

Non-GAAP net income per fully diluted share was $0.27, compared to non-GAAP net income per fully diluted share of $0.14 a year ago.

An explanation of the non-GAAP measures used in this press release is included in the section below titled “Non-GAAP Financial Measures” and a reconciliation of GAAP to the non-GAAP financial measures has been provided in the tables included as part of this press release.

Cash: Cash generated from operations for the first half of 2011 totaled $19.4 million as compared to $21.3 million in the first half of 2010. Cash flow in 2011 has been impacted by the settlement of the Kenexa lawsuits, acquisition related spending and working capital requirements. Total cash and cash equivalents finished the quarter at $148.4 million, a decrease of $96.5 million from the prior year due primarily to the acquisitions of Learn.com and Cytiva.

Customers: In the second quarter, 275 new customers chose Taleo’s Talent Management solutions for recruiting, performance, learning and/or compensation management, including: Western Union, Bausch & Lomb Incorporated, Devon Energy, Invesco and Volkswagen Group of America. In the second quarter we were awarded 7 new contracts of $250,000 or larger in first year subscription revenue, underscoring the market interest in larger, global deployments and in multiple component suite solutions.

Billings: Billings, defined as the change in short-term deferred subscription revenue plus non-GAAP subscription revenue, was $69.2 million in the second quarter, up 36% year-over-year.

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

 
Matt Lafata, HRchitect


Taleo Launches New Release of Taleo OnBoard™ for SMB Market…from Taleo

June 29, 2011

 

Scalable Onboarding Solution Eliminates Costly Service Engagements, Speeds Time to Productivity and Easily Adapts to Changing Requirements

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, 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!

Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, further solidified its leadership of the small to mid-sized market with the release of a new and expanded Taleo OnBoard™ which will enable companies to quickly and easily onboard employees without the use of costly service engagements. This scalable solution easily adapts to changing requirements and engages new hires on their first day of work to speed productivity.

“The ability to create customizable bundles by position ensures that there isn’t a single thing that falls through the cracks when a new hire starts, and helps to hold individuals accountable for their pieces of the process,” said Casi Jewett, MA, PHR, Employee & Labor Relations for Santa Rosa Community Health Centers. “The new release of Taleo OnBoard will help us to further ensure compliance and speed up the onboarding process, which is critical in the fast-paced medical world.”

Taleo OnBoard debuts industry-first features such as dependent tasks, configurable forms, and location-based activities. The adaptable solution helps executives, line managers, and HR teams build a consistent and repeatable onboarding process. OnBoard builds the right foundation for new hires by providing a smooth and automated conversion experience from candidate to employee — making people feel connected and improving retention — while streamlining existing processes and eliminating mountains of paperwork.

“Taleo OnBoard is the only solution for the small and mid-sized business market that comprehensively equips companies to make the best impression on a new hire’s first day of work, which is a critical first step to engaging and retaining top talent,” said Michael Boese, Senior Vice President, TBE and Talent Grid at Taleo. “These new capabilities strengthen our suite of talent management solutions, including Taleo Recruit, Taleo Perform, Taleo Learn, Taleo Comp and Taleo Insight, and further drives Taleo’s position as the leader in the market.”

Dependent tasks allow employers to designate the order of different onboarding tasks so that the system automatically assigns new tasks upon the completion of other tasks.

Other industry-leading features include: 

  • Configurable Forms: Administrators can add unlimited, customized company forms– collecting and tracking information that becomes part of the employee record — without lengthy and costly services engagement.
  • Employee Life Cycle Management: Reduce administrative burden and improve the communication and collection of information relating to life cycle events such as a change in employment status or signing a new employee handbook.

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

 
Matt Lafata, HRchitect


Taleo Performance Management Leadership Skyrockets…from Taleo

March 9, 2011

 

Product Line Reaches New Highs in Growth, Customer Wins and Analyst Ratings

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 Taleo’s Performance Management suite of products is breaking records in every aspect of the business.  Taleo Performance provides Talent Intelligence that gives executives new insight and visibility into their people, allowing employers to align their people strategies with their business objectives. 

As the only vendor to offer a full suite of talent management software solutions, Taleo is achieving tremendous momentum in its Performance Management product line.  Taleo’s modern architecture, and focus on the business user’s needs is driving selection of Taleo as the solution of choice by some of the world’s largest financial, consulting, retail and communications organizations. The provision of performance management and goals functionality as part of a unified suite of talent management capabilities that also includes Recruiting and Development was also a key factor in their decision.  Many of these customers are making strategic commitments to Taleo with enterprise-wide investments in Taleo Performance, resulting in over 1.4 million new licensed users.

“2010 was a breakthrough year in defining our suite approach and the success and momentum in Performance Management was a huge catalyst,” said Michael Gregoire, Chairman and Chief Executive Officer of Taleo.  “We opened the year with one of the industry’s largest PM deals ever with Bank of America and continued replacing or beating our competition around the globe quarter after quarter at DHL, Specialized Bike, Pixar and Alcatel Lucent to name a few.  Our   unique user-centric approach to Performance Management and Talent Intelligence gives executives insight into their people that they have never had before.”

Analyst Ratings

Taleo was recognized by IDC for having the most comprehensive Talent Management product strategy in the industry.  This research validates the strength of Taleo’s Performance Management products as a key part of Taleo’s broader suite of Talent Management products.  IDC Program Director for HR and Talent Management Services, Lisa Rowan, wrote: “Taleo is again a market leader in this analysis this year, with strengths in many areas including depth of capability of the individual talent functions, a robust partner ecosystem, strong brand recognition, global reach and a track record of innovative R&D.”  Ms. Rowan also writes, “The business imperative to tie talent management strategies to business objectives and outcomes has created a market category for integrated talent management solutions.” IDC’s research underscores the value in a tightly integrated solution that combines performance management with compensation, learning and recruiting. Taleo is the only vendor in this report to provide industry leading capabilities in all four of these areas.

New Product Innovation

Taleo’s Performance Management suite is consistently beating the competition because of its modern architecture that transforms performance management from an annual exercise to an ongoing dialogue that leverages social media, email and mobile technologies.    In particular, customers value features like Taleo Inbox that allow employees to provide feedback and update goal plans directly from within Microsoft Outlook and Lotus Notes. 

“With Taleo, RSC now has the ability to identify and develop future leaders using talent profiles and succession plans. Company leadership is talking about future leaders on a quarterly basis. It’s now part of our culture,” said Linda Luman, Vice President of Human Resources, RSC Equipment Rental.

In the latest release issued this month, Taleo continues this innovation with new embedded analytics and visualization tools that allow managers to quickly segment and benchmark pools of employees.  Now managers can create plans to develop, retain and engage employees to ensure that they have the talent they need to drive their business.  This new functionality also helps managers build a true picture of employee performance so that high performers are appropriately recognized and rewarded.

In addition to these advances, Taleo is building out its performance management suite with enhancements to matrix management and 360 degree feedback and tighter integration with Taleo Learn.

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


Taleo Announces Record Quarterly Revenues of $67.2 Million, up 33% Year-Over-Year; Application Revenue Growth of 24% to $55.2 Million…from Taleo

February 9, 2011

 

Record Quarterly Non-GAAP Revenue of $71.2 Million, up 41% Year-Over-Year; Non-GAAP Application Revenue of $57.8 Million, up 30% Year-Over-Year; Record Full Year GAAP Revenue of $237.3 Million, up 20% Year-Over-Year; Non-GAAP Revenue of $241.8 Million, up 21% Year-Over-Year

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 record-setting results for its fiscal fourth quarter and the year ended December 31, 2010, completing a year of break-through performance.

“Taleo’s Talent Intelligence value proposition — providing insight for organizations to better know their people and grow their business — is putting talent management at the front of the business agenda,” said Michael Gregoire, Chairman and CEO of Taleo. “Our performance in 2010 reflects tremendous market adoption of our talent management suite of Recruiting, Performance, Compensation and Learning wrapped around powerful analytics.”

Taleo delivered the following results for the fourth quarter and full year 2010:

Fourth Quarter Revenue: Total revenue for the fourth quarter was $67.2 million, an increase of 33% on a year-over-year basis. Application revenue for the fourth quarter was $55.2 million, an increase of 24% on a year-over-year basis. Services revenue for the fourth quarter was $12.0 million, an increase of 101% on a year-over-year basis.

Total fourth quarter non-GAAP revenue was $71.2 million, an increase of 41% on a year-over-year basis. Non-GAAP application revenue for the fourth quarter was $57.8 million, an increase of 30% on a year-over-year basis. Non-GAAP services revenues for the fourth quarter was $13.4 million, an increase of 123% on a year-over-year basis.

2010 Revenue: Total revenue for the full year 2010 was $237.3 million, an increase of 20% on a year-over-year basis. Application revenue for the full year 2010 was $199.3 million, an increase of 15% on a year-over-year basis. Services revenue for the full year 2010 was $38.0 million, an increase of 52% on a year-over-year basis.

For the full year 2010, the company reported Non-GAAP revenue of $241.8 million, an increase of 21% from the prior year. Non-GAAP application revenue for the full year 2010 was $202.4 million, an increase of 16% on a year-over-year basis. Non-GAAP services revenue for the full year 2010 was $39.3 million, an increase of 58% on a year-over-year basis.

Fourth Quarter Earnings per Share: Fourth quarter loss per share was $(0.02), compared to net income per fully diluted share of $0.13 a year ago. Non-GAAP income per fully diluted share was flat year-over-year at $0.23. The company’s non-GAAP results include amounts excluded from GAAP revenue due to the write down of the deferred revenue associated with purchase accounting for Worldwide Compensation and Learn.com, and exclude the effects of $3.9 million in stock-based compensation expense, $5.3 million in amortization of acquired intangibles, and $3.8 million in acquisition related transaction costs. GAAP fourth quarter EPS calculations are based on 40.3 million basic weighted average shares outstanding, while non-GAAP fourth quarter EPS calculations are based on 43.4 million fully diluted weighted average shares outstanding. The fully diluted weighted average shares outstanding used to compute non-GAAP earnings per share have been calculated without giving consideration to the treasury stock method.

2010 Earnings per Share: For the full year 2010, net income per fully diluted share declined to $0.01 from $0.04 a year ago. Non-GAAP net income per fully diluted share for the full year 2010 rose to $0.78 compared to $0.77 a year ago. The company’s non-GAAP results include amounts excluded from GAAP revenue due to the write down of the deferred revenue associated with purchase accounting for Worldwide Compensation and Learn.com, and exclude the effects of $14.9 million in stock-based compensation expense, $14.5 million in amortization of acquired intangibles, and $6.8 million in acquisition related transaction costs. GAAP full year 2010 EPS calculations are based on 40.9 million fully diluted weighted average shares outstanding, while non-GAAP full year 2010 EPS calculations are based on 43.0 million fully diluted weighted average shares outstanding. The fully diluted weighted average shares outstanding used to compute non-GAAP earnings per share have been calculated without giving consideration to the treasury stock method.

Customers: In the fourth quarter, 304 new businesses chose Taleo’s Talent Management solutions for recruiting, performance, learning and/or compensation management, including: DHL Global, Panda Restaurant Group, Southern California Edison, St. Joseph Health systems and Universal City Studios. A record 16 new contracts in the fourth quarter were larger than $250,000 in first year application revenue, underscoring the market interest in larger, global deployments and in multiple component suite solutions. The performance management product line performed exceptionally well with a record 57 transactions in our fourth quarter and over 170 transactions in 2010.

Cash: Cash from operations for full year 2010 was $35.8 million, down 29% from $50.7 million in 2009. Cash flow from operations was down in 2010 due primarily to the impact of operating liabilities assumed in our 2010 acquisitions of Worldwide Compensation and Learn.com, and the timing of fourth quarter 2010 billings. Total cash and cash equivalents finished the year at $141.6 million, a decrease of $102.6 million from the prior year, which includes approximately $137.5 million in net outflow from the company’s acquisitions of Worldwide Compensation and Learn.com in 2010.

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


Taleo Leads in Customer Satisfaction Across Multiple Market Segments…from Taleo

December 17, 2010

 

CedarCrestone Research Finds 94% Customer Satisfaction; Enterprises Average $4.7 Million in Total ROI With Taleo; Taleo’s Learn.com Solution Continues to Gain Momentum With Strong Customer Satisfaction

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 early 2010.

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 high customer satisfaction for its Talent Management software suite, its service and support, and the access it provides to customers and partners through Taleo’s Talent Grid™ Cloud services community. Taleo customers provided these responses across two recent surveys: the Taleo Value and Customer Satisfaction Study by CedarCrestone, 2010, and the Talent Management Systems Customer Satisfaction 2011 report by Bersin & Associates.

These surveys determined a correlation between increased levels of satisfaction and broader product usage over the customer lifecycle with Taleo. For example, the Cedar Crestone survey found that customers using both Taleo Performance Management and Recruiting products are more likely to have increased quality of hires with significantly higher employee retention rates. Further, comments from the survey of more than 250 Taleo customers include:

“The knowledge and expertise found with the Taleo staff is outstanding. They are excellent business partners in helping us achieve our business goals.”

  • “Taleo is very responsive to questions and issues. The service we receive is of the highest quality.”
  • “I have been impressed with the timely response we receive when we have a question, and the willingness to find a solution to meet our needs.”
  • “Taleo gets it! They have the right product offerings to meet our business and strategic goals. They provide excellent support and they give us the opportunity to partner with other customers to share best practices.”
  • “Taleo is a mature company with excellent technology and an aggressive product roadmap. They have the full suite of Talent Management products to support our move to a single platform.”

“I have been doing surveys for over 25 years and it’s refreshing to see an energized and engaged customer base provide a 55% response level, making these results truly representative of Taleo’s customer base,” said Alexia Martin, Director of Research & Analytics at CedarCrestone. “While some customers had constructive criticism, by far customer responses indicated a high level of satisfaction and appreciation for Taleo’s products and services.”

The Bersin report which rates Taleo for outperforming in delivering customer satisfaction, cites that customers are not interested in point solutions and are migrating to integrated suite solutions that align with their talent strategies.

With the October 1 acquisition of Learn.com, also rated as outperforming in the Bersin analysis, Taleo is the only public company to offer best-in-class solutions across the critical components of a talent-optimized organization — recruiting, performance management, compensation and learning to its customers and their broader ecosystem of customers, suppliers, partners and resellers.

“Taleo’s ability to outperform in delivering customer satisfaction this year demonstrates the company’s continued focus on service and support during rapid growth,” said Josh Bersin, President and CEO, Bersin & Associates. “The company has demonstrated the ability to innovate, expand its market presence, and still stay focused on customer success.”

Other benefits of Taleo’s customer engagement focus include: 

  • Taleo enterprise customers surveyed are seeing the equivalent of a total return on investment of $4.7 million, factoring in: process savings as well as savings from a 14% decrease in time to hire and 10% reduction in cost of hiring.
  • Customers using both Taleo Recruiting™ and Taleo Performance™ report 10% better quality in their hires (67% vs. 57%) and 38% better employee retention (62% compared with 24%).
  • Taleo enjoys more than a 95% annual customer renewal rate. The survey found a correlation between increased levels of satisfaction with each additional year of partnership with Taleo. Customers that have been using Taleo solutions for three or more years are 5% more satisfied than companies that have been with Taleo for less than a year.

“We have had a phenomenal year due to our close partnership with our customers, helping them gain a competitive advantage through better Talent Intelligence. This year’s momentum is an indication that enterprises are responding positively to our offerings and our role as a trusted advisor,” said Michael Gregoire, Chairman and CEO of Taleo. “We are dedicated to our customers’ success and will continue to provide value, maintain impeccable service and offer new ways to help them grow through our talent management solutions.”

To view the CedarCrestone study, please visit: http://www.taleo.com/report/2010-taleo-value-and-customer-satisfaction-study

To view the Talent Management Systems Customer Satisfaction 2011: Executive Summary, please visit: http://marketing.bersin.com/CSat2011.html. The full report will be available at the end of this month. For more details, go to http://www.bersin.com/Store/details.aspx?docid=103313482

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


Taleo to Acquire Learn.com…from Taleo

September 1, 2010

 

Extends Talent Management Breadth; Powers Social and Formal Learning

HRchitect featured Taleo in our May 2008 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. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have 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 here 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 strategic partner Learn.com, Inc. for approximately $125 million in cash.

With the acquisition, Taleo will extend its Talent Management suite, becoming the only public vendor to offer best-in-class solutions across the four critical components of a talent-optimized organization: recruiting management to source, assess and acquire talent; performance management to establish goals and create career and succession plans; compensation management to establish a true “pay-for-performance” process between corporate objectives and individuals’ contributions; and now learning management to support social and formal development.

Learn.com is a leading next generation provider of SaaS learning management solutions, a market estimated to be $1 billion in 2011 according to Bersin & Associates. Its software enables businesses to more seamlessly develop, deliver and manage education and training to help employees, customers and partners reach their full potential. Learn.com’s social learning and web conferencing features also enable companies to build collaborative learning and knowledge sharing solutions, which are among the fastest growing applications in employee development today.

Learn.com’s solutions are in use today with more than 500 global companies of all sizes, and support up to 200,000 users per customer, with about two million end users worldwide.

“The Learning Management Systems market is now entering a new growth phase — one supporting social, collaborative, and informal learning solutions,” said Josh Bersin, President and CEO of Bersin & Associates, a leading research and advisory services firm.

“Through its acquisition of Learn.com, Taleo now has the opportunity to take a strong position in this market and deliver an integrated end-to-end platform which integrates recruiting, performance management, compensation, and learning into a complete SaaS solution.”

Taleo and Learn.com have been strategic partners since September 2009, bringing to market a unique social and formal learning offering that helps companies to better leverage their internal social networks to share institutional expertise. More than 56 companies across a variety of industries have selected the Taleo and Learn.com solutions, including: Newell-Rubbermaid, Swift Transportation, and CPS Energy. Further, more than a third of Taleo’s suite sales opportunities include interest in a learning management solution.

“We’ve been impressed with the forward-thinking approach to learning from Taleo and Learn.com,” said Mike Perkins, Senior Manager of Learning Technologies at Newell-Rubbermaid. “With their help, we are powering robust, interactive and scalable social learning options for our teams that include video podcasts and development portals so that we can engage them in learning, where and when they need it. We look forward to partnering with the combined organization moving forward.”

“As businesses transform to ignite growth, they can’t afford to create a knowledge gap between the skills they have in their teams and the skills they need to drive business,” said Michael Gregoire, Chairman and CEO of Taleo. “Learn.com’s social learning and collaborative functionality makes it easier to close that gap. We are pleased to add best-in-class technology, staff and customers from Learn.com to enable enterprises with a total talent management solution to achieve greater performance.”

Under the terms of the agreement, Taleo will pay approximately $125 million in cash for all of the outstanding capital stock of Learn.com, subject to deductions of approximately $1.6 million for certain specified items and subject to further adjustment for third party expenses. In addition, Taleo will offer up to $2 million of interim financing in connection with the acquisition, and such amounts, if any, drawn down by Learn.com and outstanding as of the closing of the transaction will be deducted from the purchase price. The acquisition is subject to customary closing conditions, including regulatory approval, and is expected to be completed prior to the end of the fourth quarter of 2010.

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


Learn.com Announces Record Breaking Q4 and Full Year 2009…from Learn.com

January 5, 2010

 

Revenue, Bookings, New Client Acquisition and Partnerships Reach New Heights as Company Enters its 11th Year of Service to Clients

HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Learn.com, the knowledge platform company, today announced that the company’s business performance shattered historical records in 2009. The company signed a record number of new clients in Q4 as well as year to date. Moreover the company’s December month saw its highest new client acquisition and bookings in its almost 11 year history. Learn.com was able to achieve this impressive growth while still maintaining positive net income and cash flow on a GAAP basis.

“A record breaking year in a weak economy says a lot about our strong team and solutions,” said Jim Riley, President and CEO at Learn.com. “While our competitors are downsizing, we are adding new team members and growing our client base, making our business stronger thus further solidifying our leadership position in the space.”

Some 2009 Accomplishments:
• Voted the best Enterprise Learning Management (LMS) system by the 50,000 readers of ELearning! Magazine (3rd Consecutive Year)
• Voted the best Talent Management System by the 50,000 readers of ELearning! Magazine
• Named a Leader in 7 out of 8 categories in the Bersin & Associates 2010 Talent Management Satisfaction Study
• Named one of Florida’s best companies to work for by Florida Trend Magazine
• Over 95% Client renewal rates
• Opened and staffed an office in London, UK
• Opened and staffed an office in Silicon Valley, CA
• Announced plans for a Cloud Computing Center in London to support EMEA clients
• Enhanced the Learn.com Report Exchange to enable clients to share and download free custom reports they can share across their Learn.com applications
• Invested heavily in state-of-the-art redundant infrastructure and state-of-the-art SAS 70 facilities for Cloud Computing clients to provide more speed, power and redundancy
• Added and expanded relationships with Enterprise clients such as: Peet’s Coffee, Sykes Enterprises, CKE Enterprises, Vermeer Corporation, Smith & Nephew, Intuit, Verigy, Orica USA, St. Jude Children’s Research, US Department of Commerce, Classic Residence by Hyatt, Cartier, Michelin North America, American Association of Critical Care Nurses, General Services Administration (GSA), Jackson Hewitt, Extra Space Storage, Avid Technology, US Bancorp, Henry M. Jackson Foundation, Healthways, Ambius and hundreds of others

For more information on Learn.com, please visit www.learn.com
Matt Lafata, HRchitect


Learn.com, Announces Record Breaking Q3 2009 and Year to Date New Client Acquisition, Revenue, and Partnerships as the Company Approaches its 11th Year of Service to Clients…from Learn.com

November 11, 2009

 

The World’s Largest Cloud LMS Provider Named Best in Industry for 4 Consecutive Years

HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Learn.com, the leader in cloud delivered workforce development and productivity, today announced that the company’s business performance shattered historical records in 2009. The company not only has signed a record number of new clients but the year to date through Q3 2009 has been the best sales bookings period in company history. More importantly, Learn.com was able to achieve this impressive growth while still maintaining positive net income and cash flow on a GAAP basis, an uncommon accomplishment in the Learning and Talent Management space. This strong performance across every metric underscores the value Learn.com brings to its clients and validates Learn.com’s best-in-class platform and pure cloud computing business model.

“During the most challenging economic period of the past 80 years, Learn.com was able to accelerate its growth by continuing to demonstrate its significant and unparalleled value proposition to new clients. Learn.com has always been the most innovative company in our space and once again we were pioneers by launching our Guaranteed ROI pledge to our clients. More and more clients were able to prove the many facets of hard and soft dollar savings and ROI using Learn.com. The results are irrefutable – training is how organizations realize excellence in execution. One watershed study points to firms’ investment in training as being the single most powerful predictor of stock price. Our unyielding dedication to client success and satisfaction using Learn.com products and people has paid dividends for our clients and in return, for Learn.com. While most of our competitors were downsizing this year, Learn.com added 25% more in net new headcount, and we are continuing to increase our employee base to maintain our peerless service to our clients. Even more satisfying than our great results is the positive impact Learn.com has had for our clients,” said Jim Riley, Chief Executive Officer at Learn.com.

Beyond deepening current strategic partnerships with some of the world’s biggest names new relationships were forged with Taleo (Nasdaq:TLEO), and others. These relationships further demonstrate that Learn.com improves business results and adds significant value to our partners’ ecosystems. These well planned partnerships allow Learn.com to penetrate new channels as well as provide Learn.com clients a one-stop-shop for pre-hire to retire solutions, with unmatched value, depth of functionality and ease of use.

“Our latest research shows that employee development is one of the most vital elements in a high-performing organization today,” said Josh Bersin, CEO of Bersin & Associates, a leading industry research and advisory services firm. “Taleo’s partnership with Learn.com now enables the company to offer a complete solution for corporate learning management.”

The relationship with Taleo brings together the unequivocal market leaders in our respective categories to provide the only pre-hire to retire unified talent management platform with a global footprint and world class capabilities and flexibility.

Another milestone was Learn.com’s launching of the World Wide Content Exchange and the Learn.com Personal Edition (http://my.Learn.com) which has over 30 structured job profiles with skills and curricula mapped to assist the US workforce in skill retraining in an unprecedented time of skill shift in the US Economy. Now any person in the world can access over 30,000 web based courses, live on line courses, college degree programs, accredited courseware for the Healthcare and manufacturing sector as well as course authoring and sharing.

Other YTD 2009 Accomplishments
• Again voted the best Enterprise Learning Management (LMS) system by the 50,000 readers of ELearning! Magazine (3rd Consecutive Year)
• Voted best Talent Management System by the 50,000 readers of ELearning! Magazine
• Over 95% Client Renewal Rates
• Opened and staffed an office in London, UK
• Announced Planned Cloud Computing Center in Amsterdam to support EMEA clients
• Enhanced the Learn.com Report Exchange to enable clients to share and download free custom reports they can share across their Learn.com applications
• Invested heavily in a state-of-the-art redundant infrastructure and state-of-the-art SAS 70 facility for its Cloud Computing clients – more speed, power and redundancy
• Added 224,000 subscribers with just one new client

Learn.com also added and expanded relationships with Enterprise clients such as: Pete’s Coffee, Sykes Enterprises, CKE Enterprises, Vermeer Corporation, Smith & Nephew, Intuit, Verigy, Orica USA, St. Jude Children’s Research, US Department of Commerce, Classic Residence by Hyatt, Cartier, Michelin North America, American Association of Critical Care Nurses, General Services Administration (GSA), Jackson Hewitt, Extra Space Storage, and hundreds of others.

For more information on Learn.com, please visit www.learn.com

 

Matt Lafata, HRchitect


Learn.com named as a Leading Talent Management Provider…from Learn.com

October 12, 2009

 

HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Learn.com, the leader in on-demand workforce development and productivity announced today that Bersin & Associates, the only research and advisory firm focused solely on enterprise learning, talent management, and talent acquisition, named the company a leading provider in its latest study, Talent Management Systems 2010: Market Realities, Implementation Experiences, and Solution Provider Profiles. The study also highlights Learn.com’s development innovation; compliments the company’s completeness of vision and newest product modules, SkillScore and MyProfile.

According to the study, “Learn.com has consistently been one of the fastest-growing and financially solvent companies in the learning management market. Today the company offers a broad set of features for performance management, career and succession management, compensation management, and recruitment management in one product – the LearnCenter platform. A talent management system, the LearnCenter platform rests on a single database to manage employee profiles, competencies, jobs, organizational hierarchies and content across all of the talent management process. We believe that the Learn.com is well-suited for U.S.-based organization that would like an integrated LMS, LCMS, collaboration and performance management solution. The product’s ease of implementation and ease of use are appealing to organizations with limited IT and HR administration teams. “

“LearnCenter is well-suited for organizations of all sizes requiring an integrated performance management solution,” said Josh Bersin, president of Bersin & Associates.

“The recent partnership between Taleo and Learn.com, will bring together Taleo Development competitive performance management product and today’s 100% SaaS, primary “go to market partner”, Learn.com,” Bersin stated in his blog titled Taleo 10. “The Learn.com partnership is likely to go well.”

According to the Bersin & Associates study, “Learn.com has experienced a high growth rate within the last year and has gained significant market share, and Learn.com is in the top 10 providers in market share by revenue.” Also highlighted in the study are Learn.com’s advanced social tools to support informal and social learning in enable employees to easily share knowledge, collaborate with co-workers and leverage personal networks. According to the study, “The use of social tools is important in preparing for the next-generation solution provides with the growing use of Facebook, Twitter and LinkedIn.”

Learn.com is also named among the vendors with a strong internal development effort, continuously enhancing the platform to ensure better integration with other modules and more features. According to the study, “Internal development allows the solutions provider to focus on building high-valued integration points, integration workflow and process management, and designing a streamlined user experience.”

Currently, Learn.com offers strong profile management allowing users to update their own profiles on a field by field basis, with users will also able to control data viewing by role. This will streamline succession planning, modeling performance and focusing on true skills and work history. Learn.com also offers its own collaboration tool, the WebRoom, making the LearnCenter platform a unique system.

To access the full Bersin & Associates Report visit the Bersin & Associates website, www.bersin.com.

For more information on Learn.com, please visit www.learn.com

 
Matt Lafata, HRchitect


Bersin & Associates Completes In-Depth Research Bulletin on the Buyer’s Need for an Adaptive LMS…from Learn.com

September 8, 2009

 

HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Learn.com, the leader in on-demand workforce development and productivity, announced recently that Bersin & Associates, the only research and advisory firm focused solely on enterprise learning, has completed an in-depth research bulletin, titled The Latest in Enterprise Learning & Talent Management – Learn.com: Update on a Fast Growing LMS Company. In this bulletin, Josh Bersin, President and Founder of Bersin & Associates examines the changing market for learning management systems, and discusses how Learn.com has evolved its strategy to continue its growth and success.

Bersin & Associates, a leading authority for the LMS and HR systems market, highlights one major customer satisfaction issue in this bulletin (Volume 4, Issue 31) that continues to come up – the need for an “Adaptable LMS”.  The research points to the challenge of automating training and knowledge-related business processes, which is compounded by the fact that most companies have unique training processes and business requirements and each tracks its own key performance indicators. As a result of these challenges, LMS systems have had to deal with hundreds of configuration options, customizations and customer driven changes. The research suggests that this is the single biggest challenge buyers have in their LMS implementation and deployment process and that almost all LMS systems receive poor marks in these areas.

“LMS systems have had to deal with hundreds of configuration options, customizations and customer driven changes. Vendors have struggled with this for years and, even today, the single biggest challenge buyers have in their LMS implementation is the customization of the system to meet their particular business requirements. This is where Learn.com has some unique advantages,” said Josh Bersin, President and Founder of Bersin & Associates.

The Bersin & Associates Research Bulletin highlights some of Learn.com’s Adaptability Advantages as: 

-      The Learn.com platform is a true SaaS platform, enabling customers to login, customize the system, administer their environment and manage the system without the need to implement any in-house software. All customers run on the same “version” of the platform in a “multitenant” environment. Learn.com benefits from this since all of the company’s customers run on the same version of the LMS software.

-      The user experience is fully configurable (CSS-enabled)

-      The platform includes content management, collaboration and other generalized tools that go beyond learning. This means that the platform is really an end-to-end “portal system” in addition to an LMS.

-      The platform has a unique capability to build “sub-LearnCenters” in a tree-like structure. This means that, once an organization implements Learn.com, they can build “sub-portals” which can either inherit all the setup and configuration options or operate with a totally different look, feel, workflow and set of business rules – all without ever having to customize the software source code.

“Since Learn.com is the only LMS that provides such extreme flexibility without the need for custom programming, our clients get a custom solution in less time, for less cost, with greater reliability and scalability.  The more than 2,500 system administrators of our Global clients agree that Learn.com’s extreme adaptability to any business need for both internal and external audiences is a major contributor to their successful initiatives.  The bottom line is simple – our clients get better results,” said Jim Riley, Chief Executive Officer at Learn.com.    

To download a copy of this report please visit www.learn.com/adaptive

For more information on Learn.com, please visit www.learn.com

 
Matt Lafata, HRchitect


Learn.com Named One of Florida’s Best Companies To Work For by Florida Trend Magazine…from Learn.com

July 29, 2009

 

Learn.com Named One of Florida’s Best Companies To Work For by Florida Trend Magazine…from Learn.com

Learn.com, the leader in on-demand workforce development and productivity today announced that the company has been named one of the best companies to work for in the State of Florida by Florida Trend Magazine and The Best Companies Group.

HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

“We are honored to be named as one of Florida’s Best Companies To Work For. Learn.com has always been focused on building a strong corporate culture because we realize our people are our most precious asset. Our award-winning software is helping to change the way the world learns and it would be impossible to achieve that lofty goal without a truly amazing group of dedicated people. I am pleased to know that our employees are as excited to be at Learn.com as we are to have them here. We all work in a very fast paced and innovative environment and I could not imagine working with a more skilled, intelligent and fun group of people. It is an honor to be on the same team,” said Jim Riley, President and CEO of Learn.com.

To identify Florida’s best employers, Florida Trend partnered with the Best Companies Group, which surveyed all Florida firms that chose to participate. The first part of the survey involved a questionnaire about company policies, practices and demographics. The second part of the survey went to a sample group of each firm’s employees, who responded — anonymously — to 72 statements on a five-point agreement scale.

“Learn.com provides a unique environment in which highly talented individuals come together as a dynamic team to develop, sell and support the world’s premier Learning and Talent Management System, the LearnCenter platform. Each team member is continually challenged to higher standards of performance, to offer creative solutions and new ideas, and has the opportunity for professional growth and advancement. I look forward to coming to work every day,” said Michael Sabbag, Vice President of Talent Management at Learn.com.

For more information on Learn.com, please visit www.learn.com

 
Matt Lafata, HRchitect


Learn.com Names New Executive Director of Product Marketing…from Learn.com

June 27, 2009

 

Learn.com, the leader in on-demand workforce development and productivity, announced today that David Wilkins, former Senior Director of Product Strategy at Mzinga (formerly KnowledgePlanet) has been named the company’s Executive Director of Product Marketing.

HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

“As Learn.com continues to grow, we wanted a seasoned professional to help shape our message and provide strategic insight into market direction and emerging growth opportunities. We are confident Dave has the passion, leadership, strategic vision, and the deep industry experience to help Learn.com extend its existing industry leadership and historical position as the #1 vendor in our space,” said JW Ray Chief Operating Officer at Learn.com.

In his new role, David will assume oversight of all product marketing activities at Learn.com, including market requirement documents, analyst relationships, and product messaging. David has over 15 years of experience in the learning and social networking space in various roles, including senior positions in product development, sales support, and product marketing.

As a well-known industry thought leader, David has spoken at over 40 conferences and has been published in every major trade magazine in the learning and talent management space, including Talent Management, Chief Learning Officer, T+D, Training, Learning Solutions, and Learning Circuits. David has also been an early adopter of social media technologies such as Twitter, and is a recognized expert in the emerging concept of social learning.

“I am thrilled to be a part of the Learn.com team. For some time now, I’ve been keenly interested in the merger between traditional talent development practices and social talent management models. With its comprehensive suite of tools and services, Learn.com is the company best positioned to address both the formal and social aspects of talent development,” said David Wilkins, Executive Director of Product Marketing at Learn.com.

For more information on Learn.com, please visit www.learn.com

 
Matt Lafata, HRchitect


Learn.com Launches The Learn.com Personal Edition Featuring Skill Score…from Learn.com

June 5, 2009

 

Provides A Worldwide Knowledge Exchange Connecting Individuals with “Job Ready” Skill Development And Potential Employers with “Job Ready” Individuals

HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Learn.com, the leader in on-demand workforce development and productivity, today became the first company in history to provide a single, integrated platform for those seeking skill improvement for a particular job profile and those seeking to hire skilled, “job ready” workers.

The Learn.com Personal Edition is built on the Learn.com LearnCenter platform, trusted by Fortune 500 companies and top government agencies for over decade. Allowing members to achieve a Skill Score ranking – a number reflecting their skill and knowledge for their selected Job Profile – the platform gives employers a way besides a resume to evaluate whether candidates will be ready to go and make a positive impact on day one.

“We believe the Skill Score will become as important as a credit score within the next few years,” said Learn.com President and CEO Jim Riley.  He continued, “This new tool not only gives job seekers an important edge in today’s economy, it also helps employers make better decisions about whom they hire.”

For the first time ever, the Learn.com Personal Edition gives people the skills they need, exactly when they need them – on demand.  For job seekers and others wanting to improve career skills and earn a top Skill Score to show job readiness, Learn.com offers subscriptions to online training courses from industry experts, or users can simply select a job profile and receive all the relevant training required for that position.  Learn.com also offers access to the world’s largest library of courses in software, sales, communications and courses created by members, as well as compliance and continuing education courses for fields such as nursing, teaching and accounting.

“Employees at all levels of organizations need ongoing workforce development to stay current and certified in their chosen profession,” said Josh Bersin, CEO of Bersin & Associates, an leading industry analyst firm in enterprise learning and talent management.  “Learn.com’s Personal Edition addresses this need by giving people in all professions as well as the unemployed access to a wide variety of internal and external training and certification in a very easy to use environment. We think Learn.com’s approach is innovative and highly valuable to employees and employers in organizations of any size.”

Whether the goal is to earn a degree, read the latest abstracts or just take a personal development course, like how to negotiate, there’s truly something for everyone with the Personal Edition.  People can even publish their own courses and receive a percentage of the revenue their courses generate.

Riley maintains, “Ideal for people wishing to increase their knowledge and skill level on any subject, or to share their knowledge and domain expertise with the world, the Personal Edition from Learn.com is the place to go.  It truly is the world’s first and only on-demand knowledge network. This platform fully supports President Obama’s call for a rigorous new approach to higher education and technical training by launching a comprehensive new skill development platform.”

Get your Skill Score at http://My.Learn.com

 
Matt Lafata, HRchitect


New Learn.com Product Benefits HR and Training Professionals…from Learn.com

May 12, 2009

 

HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider.

Learn.com, a provider of on-demand workforce development and productivity, announced that on May 3, the company deployed the latest release of its LearnCenter platform. This marks the largest software-as-a-service (SaaS) deployment in the history of the industry, as Learn.com has more users running the most recent release of its learning and talent management system than any other provider.

“Our clients benefit from having the largest pool of like users in the industry,” said Jim Riley, president and CEO at Learn.com. “Not only do our clients benefit from peer-to-peer networking for benchmarking and best practices, but they also enable our partnership to become stronger by providing real-world usability feedback that benefits the community as a whole.

“With the largest user population in the industry, we are always at the forefront of trend setting technology with innovations including SkillScore, MyProfile and the soon-to-be-launched Personal Edition business to consumer product, which is also deployed on the most recent LearnCenter platform.”

“Learn.com offers a highly customized, portal-based LMS that is easy to administer, easy to use and highly flexible for enterprise and midmarket companies,” said Josh Bersin, president and CEO of Bersin & Associates. “Its product offers many collaborative features, including workflow management, webcasting, content storage and management, and proprietary tools for content development. Enterprise and midmarket companies, workgroups and divisions that need an ‘instant on’ LMS with many advanced features should consider Learn.com as one of their top options.”

For more info: http://www.learn.com

 
Matt Lafata, HRchitect


Learn.com Vice President Publishes Ground Breaking Book on Employee Development Featuring the 7 Factors that Drive Performance…from Learn.com

May 2, 2009

 

Learn.com, the leader in on-demand workforce development and productivity, announced today that the company’s Vice President of Talent Management, Michael Sabbag, has published a new book entitled Developing Exemplary Performance One Person at a Time.

HRchitect featured Learn.com in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Learning Management Systems vendors that businesses should consider.

“This book should be required reading for anyone who manages people. Until now, managing performance was mostly a rearward-facing exercise that often put managers at odds with their workers. But now Michael Sabbag has redefined performance management with his exemplary performance model. Sabbag gives managers a new roadmap to proactively improve performance by creating a partnership between themselves and their workers that builds upon strengths and provides development opportunities. This book will be used for decades to come by organizations that wish to become more successful and competitive,” said Jim Riley, President & CEO of Learn.com.

“Going far beyond existing models of performance development, Sabbag provides leaders with both a process roadmap and a practical toolbox for strength-based employee development,” said Rita Smith, Vice President of Enterprise Learning at Ingersoll Rand Company.

Michael Sabbag’s book rejects the notion that one solution fits all when it comes to improving employee performance; his book instead focuses on building exemplary performance with one employee, one step at a time. Developing Exemplary Performance One Person at a Time is built around Michael’s Seven Factors that Drive Performance. The book explains a simple process for identifying the right performance focus, combination of tools, and solutions to develop individual strengths to yield significant ROI for employees and align with corporate goals. The Exemplary Performance Model in Action offers a detailed road map to assess and target performance, identify key influencing factors and develop and implement an effective action plan for raising performance to the exemplary level.

CLICK HERE TO GET A FREE COPY OF THE 7 FACTORS THAT DRIVE PERFORMANCE FROM LEARN.COM

“This book lays out a model to help leaders diagnose the real reasons why people may not be performing up to standard and allows proper action planning for improvement,” said Alicia Goodman, Senior Vice President of Human Resources at TNS.

Michael Sabbag possesses over 20 years of experience in the fields of Talent Management, Organizational Development, Human Resources, and Training. He has spoken at many professional organizations and businesses discussing such topics such as Talent Management, Performance, Strategic Planning, Team Building, and ROI. Michael has a Master of Arts degree from University of the Pacific, and is certified as a Senior Professional in Human Resources from SHRM. He is also a member of the ASTD National Advisors for Chapters team.

“Michael Sabbag is a seasoned, authentic leader with an amazing grasp of the performance challenges facing businesses today and an even more amazing ability to clearly articulate how to diagnose and solve those challenges to yield exemplary results. Developing Exemplary Performance On Person at a Time is intelligent, practical and easy to understand,” said Sharon Wigron, CPLP, President of Wings of Success, LLC.

For more information on Learn.com, please visit www.learn.com

Matt Lafata, HRchitect


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