Insights on Corporate Talent, Learning, and HR Technology
2016 will bring dramatic changes in the world of Human Resources, Learning, Talent Management, and HR technology. Our latest report, Bersin by Deloitte Predictions for 2016, discusses ten predictions for the year ahead. In this article I will highlight the findings and encourage you to read the study and give us your thoughts.
As ... Read more»
As the economy grows and the job market gets hotter, employee engagement and retention has become a top priority. As I discuss in Why Culture the Hottest Topic in Business Today, CEOs are bending over backwards to make their company a “great place to work.” Free food, unlimited vacation, yoga classes, and lavish educational ... Read more»
In early May I attended the CornerstoneOnDemand (CSOD) customer conference and this year the company introduced several important new offerings.
As an introduction, CornerstoneOnDemand is one of the few independent, publicly traded talent management software companies in the marketplace. The company competes with dozens of other talent software companies (Saba, Skillsoft, iCims, PeopleFluent, JobVite, Halogen ... Read more»
Last month Saba, a pioneer in the market for enterprise learning and talent management systems, held its annual customer conference (more than 700 learning and HR professionals attended). I had a chance to meet with the management team, talk with many customers and employees, and talk with Saba’s new owners (Vector Capital).
My conclusion, ... Read more»
The Epic Shift: Away from “Talent” and now focus on “People.” Talent scarcity is still a problem, but engagement, empowerment, and environment are now the real issues companies face.
For the last ten years businesses and human resources departments have been heavily focused on building talent management strategies. Originally conceived as programs to help manage ... Read more»
The HR technology landscape, which is now more than a $15 billion market in software, is exploding with growth and innovation. We are tracking more than 100 new startups in social and referral recruiting, talent analytics, assessment science, online learning, and mid-market core HR systems. New tools to help manage employee communications, engagement, recognition, and ... Read more»
The market for corporate talent management software continues to surge. CornerstoneOnDemand just announced 39% YTY growth in revenues, and our discussions with Saba, SumTotal Systems, SAP, Oracle, ADP, Jobvite, and others show growth rates all in the double digits..
Our latest research shows that this market grew by 17% last year and is now over ... Read more»
Social networking tools have transformed our lives. Facebook, Twitter, Google+, Pinterest (read my commentary about Pinterest here), Reddit, and many others have significantly changed the way we work. The concept of an “activity stream” is now commonplace and we can connect, share, and communicate with people like never before.
And these ... Read more»
This week ADP, the largest HR company in the world, introduced its integrated talent management solution (and its own learning management system). This announcement has the potential to significantly impact the human capital and talent management software markets.
Background on ADP
You probably think ADP is a payroll company. Tt is much more. In ... Read more»
The HR analytics market has gotten white hot. With all the HR and talent management software out there, companies are now starting to invest very heavily in their HR analytics strategies. (For more on this topic, read about our BigData in HR research.)
Our research shows that only around 7% of HR organizations have reached ... Read more»
Despite the recent acquisitions of Taleo by Oracle and SuccessFactors by SAP, the talent management software market is far from mature. Today SilkRoad, one of the more quiet (not for long) talent management software vendors, announced a $35 Million Series C round of funding.
The new investors include Keating Capital (Nasdaq: KIPO) and NTT ... Read more»
BigData is Big News.
Splunk, a company that uses BigData technology to analyze huge amounts of customer and transaction data, just went public with a valuation at 28X revenue ($3.2 billion). This valuation trumps the hot companies in social networking: Jive trades at 20X revenue, Google trades at 5X revenue, and Facebook, ... Read more»
This week Saba made two major announcements.
First, the company introduced a bold new product offering, Saba PeopleCloud, an integrated new “work environment” which pulls together corporate social networking, knowledge sharing, real-time collaboration, web conferencing, and all of Saba’s formal learning technology in a brand new platform.
Saba essentially invented the market for corporate learning ... Read more»
We are all getting excited about our upcoming research conference IMPACT 2012: The Business of Talent®.
There are seats left, but the conference will likely sell out (as it has in prior years), so let me give a few big reasons to take a few days of your valuable time and come to the ... Read more»
Today CornerstoneOnDemand announced the acquisition of Sonar6, an innovative small provider of highly graphical performance review and succession management tools for small businesses.
An SMB Play
As Cornerstone described the acquisition to us today, this is all about SMB (Small and Mid-sized Business). Cornerstone defines the SMB market as companies with less than 500 ... Read more»
