Last week I spoke with some of the business and HR leaders at Freeport McMoRan, one of the nation’s largest producers of copper, gold, and molybdinum. This company, which recently acquired Phelps Dodge, produces over 4 billion lbs. of copper each year, from its mines in North America, Indonesia, Chile, and Peru. The company generates… Read more»
Read Full Post | Make a Comment ( None so far )We are clearly entering some form of economic slowdown. Our most recent index of talent management executives (January of 2008) showed some significant changes from May of 2007: 21% greater interest in cost-reduction, 18% lower focus on product introductions, and a significant increase in focus on building new leadership (18% increase). So let’s assume your business… Read more»
Read Full Post | Make a Comment ( None so far )As we continue to study best-practices in talent management and talk with many organizations, we see more and more evidence that top-down goal alignment and transparency truly do drive business results.
For example, we recently had an in-depth discussion with the Vice-President of HR at Bon-Ton Stores, a highly-successful mid-sized retailer which operates among the higher… Read more»
Read Full Post | Make a Comment ( None so far )Last week was a big week in the world of corporate talent management systems. SuccessFactors, one of the fastest-growing providers of performance management software, went public. The initial IPO valued the company at about $500 Million, or close to 9 times sales. This valuation is very high relative to the other companies in… Read more»
Read Full Post | Make a Comment ( None so far )This week I was on a panel at the Oracle Users Group discussing the needs of the multi-generational workforce. Most of the attendees (HR and training managers) were focused on identifying what their organizations need to do to attract, manage, and integrate younger workers into their organizations.
Our research clearly shows that the Millenia (20s) and… Read more»
Read Full Post | Make a Comment ( None so far )This year’s shootout focused on the powerful integration (but not well understood or adopted) between performance management and recruiting including the coveted, and often elusive measure of “quality of hire. Four leading talent management suite vendors were included; Authoria, HRsmart, SuccessFactors, and Vurv had 75 minutes to demonstrate… Read more»
Read Full Post | Make a Comment ( None so far )Leighanne Levensaler and I just finished a week at the HR Technology show in Chicago. This conference represents one of the biggest meetings of HR technologists and HR software vendors each year. As always, this conference was an opportunity for most of the HR and learning technology providers to announce new products and offerings.
Here… Read more»
Read Full Post | Make a Comment ( None so far )Should we kill the performance appraisal process?
Over the last few years as we have studied the market for performance management systems, we have talked with dozens of HR executives and managers about their 
performance management process. In our discussions we find that organizations struggle mightily… Read more»
Yesterday Taleo, one of the largest providers of online recruiting and applicant tracking systems, announced its long-awaited performance management system. As we have been writing for nearly two years, it is about time someone started to rethink this problem. The system is built on a whole new metaphor for user interfaces, giving the manager, employee,… Read more»
Read Full Post | Make a Comment ( None so far )(This post was recently updated after conversations with
SuccessFactors VP of Product Marketing.)
Recently SuccessFactors Inc. filed their “S-1″ statement, a prospectus to file for public offering. SuccessFactors is one of the most interesting and fast-growing software companies in the talent management market. Looking at the S-1 filing helps us understand many things… Read more»
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Josh Bersin is President and CEO of Bersin & Associates, a leading research and advisory services firm in enterprise learning and talent management.
