Insights on Corporate Talent, Learning, and HR Technology
Another amazing quarter from LinkedIn: revenues of $188.5 Million, up 101%, with the “hiring solutions” business now driving $102.6 Million or 54% of company revenue. LinkedIn’s revenues in the corporate recruiting market are now larger than Taleo, SuccessFactors, Kenexa, and nearly every other software company which sells recruiting solutions.
Let me highlight some of the ... Read more»
The topics of BigData in HR is white hot. This week we launched our BigData in HR research study, which describes precisely how world-class organizations build high performing talent analytics functions. This research represents the culmination of many years of work, talking with hundreds of companies and many vendors in the market.
In this article ... 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»
Today’s workforce has changed tremendously. It’s younger, more specialized, looking for better work… and it’s virtual.
By the year 2014, 47% of US workers will be under the age of 35. And these younger workers are just as smart and hard-working as we baby-boomers are.
Yet today entry level positions are very hard to find. ... Read more»
IMPACT 2012 was amazing this week. For those of you who couldn’t make it, let me give you a few highlights:
The conference theme was “Building Business Agility” – and throughout the conference more than 450 HR and L&D executives attended sessions on how to build global programs, drive employee engagement, create continuous learning programs, ... Read more»
IMPACT 2012 is only ten days away. If you want to get excited, take a look at these five videos of some of our upcoming presenters. Only a few seats left, sign up now!
David Kuhl
Senior Vice President, Global Talent Management and Chief Learning Officer
First Data Corporation
Terry Hauer
Senior Manager, Global ... 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»
Last week LinkedIn reported amazing financials (stock jumped almost 20% in one day). The company reported 105% YTY growth in quarterly revenues to $167.7 Million, putting the company on a 2012 plan of $860 Million.
But the real story is the huge jump in revenues from LinkedIn’s recruiting services (“Hiring Solutions”). Revenues in this segment ... Read more»
The concept of a job, as we know it, is starting to go away.
Over the last few years I’ve been speaking with many corporate business and human resource leaders and hearing a common theme: we need our organizations to be more agile. We need to redesign organizations so we can learn faster, communicate ... Read more»
SAP, the world’s largest application software company, just announced the best revenue and earnings growth the company has made in many years. The company’s quarterly revenues grew by 12% to over $3.4 billion Euros and profits rose by 23% to $1.6 billion. And now that the company has announced its plans to acquire SuccessFactors for ... Read more»
Talent management makes money.
If you are trying to build a business case for a corporate talent management program, here is some astounding data:
Of the 700+ organizations we studied in 2010 and 2011, only 7% told us that they have a “strategic talent management” program. We defined talent management in four levels of ... Read more»
Late last year I attended two major talent and leadership conferences in Stockholm. At these events I had the opportunity to meet with various HR leaders at Electrolux, Ericsson, Logica, BT, Maersk, Grundfos, Unicredit, Bertelsman, and others. What I learned is something important that we are building into a broad research framework I plan to ... Read more»
We just completed a year-long research study on the customer experience with talent management software. Despite the sky-high market valuations for these companies and the growth rate of the market, these products are not fully meeting customer needs. In fact, among the 1,146 companies we surveyed, their average overall satisfaction is 3.65 on a scale ... Read more»
Today Salesforce.com announced plans to acquire Rypple, a small but growing provider of social performance management software. In addition, the company announced plans to build out a set of human capital management products called SuccessForce (quite a stab in the eye to SuccessFactors), built on the “social enterprise” which Marc Benioff (CEO of Salesforce.com) has ... Read more»