- Talent Management
Talent Management Solutions: Moving Forward with Innovation and Insight
The talent management software solutions sphere is larger than ever before, particularly as it pertains to talent management software.
Talent management software has had a significant presence for more than a decade, and with each year the choices and capabilities have grown exponentially.
While this is beneficial in terms of offering companies options, it also becomes challenging to determine which platform is going to best suit your needs.
For many organizations, the best type of talent management solution is one that’s completely comprehensive and covers all aspects of an organization’s employees, including hourly, salaried and remote.
Some of the top players in the talent management software arena right now include:
Halogen TalentSpace: Halogen TalentSpace is completely cloud-based system that works to automate and integrate everything from performance appraisals to succession planning. It’s also utilized in recruitment efforts, and it’s scalable to the needs of organizations of any size.
Oracle Taleo Corporation: Taleo is a database vendor whose products are focused on recruitment, performance management, learning and development and compensation management. According to Taleo, when these components are integrated the results produce “Talent Intelligence,” which gives a deep level of insight into both potential candidates, and also current employees.
Cornerstone on Demand: Cornerstone on Demand provides a detailed level of SaaS talent management functionality, which includes components like social networking and compliance management. Much of the strength of Cornerstone on Demand is dependent on expansive reporting and analytics capabilities.
Saba Software: One of the leading talent management software solution providers, Saba Software puts a strong focus on talent management that they say is both proactive and personal. Along with providing tools to hire and develop employees, the hope of Saba Software is to provide a solution that also allows employers to inspire and engage employees. There’s a great deal of focus on social and collaborative capabilities as a result.
SumTotal Systems: SumTotal Systems is a talent management solutions provider that’s people-centric, meaning rather than approaching the task of talent management by viewing employees as human capital, it’s all about helping employees achieve their potential, to improve productivity and engagement.
SuccessFactors: A more recent addition to the field of human capital management software, SuccessFactors was founded in 2001 by Lars Dalgaard. Before becoming an independent subsidiary of SAP America, SuccessFactors was the first tech company to be triple-listed on three different stock exchanges (NASDAQ, NYSE, and the Frankfurt Stock Exchange in Germany).
Kenexa: Kenexa is an innovative IBM company that provides talent management solutions combining elements of human insight, along with the value technology brings in terms of efficiency and also big data-centric analytics.
Workday: When Oracle orchestrated a hostile takeover of PeopleSoft in 2005, founding CEO David Duffield and chief strategist Aneel Bhusri took their revenge by starting Workday as a direct competitor, and offerings its services at a fraction of the rate of the bigger players.
UltiPro: the singular mission of Ultimate Software is “…to deliver unified, end-to-end HCM cloud solutions…to improve the personal work experience for you and your people — the power behind your business.”
Synergita: Synergita is a talent management solution designed to deliver a high level of feedback and recognition, with the goal of engaging employees, providing opportunities to recruit from within, and retaining employees.
Other top names providing innovative talent management solutions include: Peoplefluent, iCIMS, PeopleAdmin, SAP AG, Oracle, Lawson Software, Ascendo, TalentGuard and Head Light Ltd.
Ultimately, the landscape for talent management solutions continues to grow and change, and it remains a rapidly developing industry, particularly in the face of frequent acquisitions, mergers and consolidation.
Luckily for employers, there are ample resources at their fingertips to put in place a robust, effective and insightful talent management strategy, thanks to these abundant solutions.