But ultimately it isn’t software that drives business results: it’s the practices of talent management that matters. Our research shows that companies which ... Read more»
Category: Sourcing and Recruiting
Today we released our first ever Talent Acquisition Factbook®, a comprehensive study of trends, benchmarks, and spending data in the US (and UK) recruiting market. It points out the tectonic shifts taking place in recruiting right now, as the staffing industry shifts steadily toward the use of social networking, employment branding, and a variety ... Read more»
The war for professional networking has just escalated. This week LinkedIn shut off it’s API (programming interface) to the hot new Facebook-enabled professional networks BranchOut and Monster’s BeKnown. (TechCrunch broke this news.) What they’re essentially saying is “if you want to build a professional network and monetize all that we’ve built, you have ... Read more»
Today Monster.com dropped the gauntlet and launched BeKnown, a new Facebook application that hopes to become the professional social network for Facebook users, and a vital new tool for recruiters, human resources, and talent acquisition teams. In this blog post we will explain this market and preview some of the exciting features in this ... Read more»
Today Taleo announced the acquisition of JobPartners, a small European provider of talent management software, for $38M in cash. JobPartners is a small (~100 employees, around $15M-17M in revenues) but well established talent management software provider which has built an end-to-end talent management system primarily focused on the large enterprise market. The company has 68 ... Read more»
Today LinkedIn went public with a huge (somewhat controversial) valuation of 80 times 2011 earnings and and around 21X 2011 expected revenue. This makes the company worth around $8.9 billion. The company’s total revenues hit $243M in 2010 and are likely to be around $400m in 2011. This is an amazing story of entrepreneurial success ... Read more»
Next week we launch IMPACT 2011: The Business of Talent®, our fourth annual research conference.
For those of you who follow our blogs and our research, the conference is sold out. But if you would like the excitement of attending the conference virtually, our marketing team has put together a wonderful opportunity for you ... Read more»
We just released our new research on the talent acquisition systems market, and things are really changing. The core market for large scale applicant tracking systems grew by around 11% last year (despite the recession) and is now nearing $1 billion. If you include the dozens of smaller players and industry specific companies, the market ... Read more»
On April 26-28, in beautiful St. Petersburg Florida, we will be holding our fourth annual research conference, IMPACT 2011: The Business of Talent. I would really encourage you to join us.
Here is why.
1. This is the only conference in the talent management, training, and systems marketplace which is 100% focused on providing you ... Read more»
Here are a few of the important statistics to consider.
What it is: LinkedIn positions itself as a social network for professionals (“professionals are defined as individuals with a career, built on distinctive qualifications”) – ... Read more»
Talent management has now become one of the most talked-about topics in business and HR.
Companies around the world are reorganizing their human resources teams to create Chief Talent Officers, Vice-Presidents of Talent Management, and Senior Talent Executives. And the software industry supporting this space continues to explode: Successfactors and Taleo are rated among the ... Read more»
One of the most complex and fragmented parts of the talent management market is the world of employee assessments. Today two of the industry’s largest companies in this space, Previsor and SHL Group, announced a merger, creating the largest global player in this very large, very fragmented market.
There are many types of ... Read more»
I spent this week in Europe (nice Siberian snowstorm here), attending a client meeting in the UK and the Online Educa Berlin (OEB), the largest e-learning conference in the world.
This conference, which has more than 1,000 attendees, brings together learning and academic professionals from businesses, educational institutions, and governments throughout Europe. The event is ... Read more»
Our soon to be published TalentWatch® research for Q4 2010 shows a tremendous growth in hiring going on: in mid 2010 32% of organizations cited talent shortages as critical to growth; this month that number jumped to 51%, and increase of almost 50%. In the same survey we asked employers to tell us how ... Read more»
Yesterday the US Department of Justice announced a proposed settlement against Apple, Google, Intel, Adobe, Intuit, and Pixar for colluding not to “cold-call” recruit employees from each other.
Consider the implications of this practice: HR and business leaders at these these leading silicon valley companies sat together and agreed “if you don’t poach my people ... Read more»