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Technology and Talent Management
The technology industry centered on talent management software and tools is growing by leaps and bounds.
It’s a multi-billion dollar industry, and there’s good reason for that.
Employers are facing what they perceive as a skills shortage or gap and the technology becoming increasingly available is helping them tackle the problem head-on.
Beyond a Database
In the past, talent management technology and software was essentially a way for human resources departments to keep track of employees in the most basic ways possible. It was a collection of data that could be used for little more than keeping up with employees’ names, positions and salaries.
That, however, has all changed.
Companies like Oracle have turned talent management technology on its head, and have made it a crucial component of today’s workforce development and the economy as a whole.
The Achievements of Talent Technology
So why is talent management-based technology so important to today’s businesses?
It’s the key to not just attracting top talent, but retaining that talent.
Today’s technology gives business leaders the opportunity to obtain an in-depth look at the comprehensive processes driving talent management.
Corporate leaders have the ability to manage the entire lifecycle of an employee’s career, identify top talent and potential leaders, and also recognize gaps.
There are opportunities to delve into the driving forces behind a workforce and gain insight into what’s motivating them and what’s going to keep them.
Technology in the talent management realm also opens the door for long-term planning and the creation of enduring goals that hasn’t been seen before. There is the opportunity to track and manage talent and ensure you’re aligning yourself with your overall goals every step of the way.
Human resources and talent management are no longer about the bare bones data—developments in technology are laying the groundwork for talent management to be the driving force behind the world’s top companies.
December 18, 2014 Sherman Morrison
Cornerstone OnDemand (CSOD) is a cloud-based talent management software company that is currently used by more than 15.5 million people spread over more than 190 countries and encompassing more than 40 different languages. Incorporated in 1999, the company is headquartered in Santa Monica, CA, with offices in Auckland, Hong Kong, London, Mumbai, Munich, Madrid, Paris, […]
… read moreDecember 10, 2014 Ashley Sutphin
Mobile apps are an amazing tool for both large and small business owners and leaders. A great app can help you manage your employees, ensure productivity is on point, and assist in managing the day-to-day tasks pivotal to running an enterprise. Don’s get left behind with technology and learn more.
… read moreDecember 5, 2014 Ashley Sutphin
Just when we thought Facebook couldn’t get any more pervasive in our lives they’ve announced the upcoming launch of ‘Facebook at Work’ that threatens to steal the limelight from LinkedIn. The Concept Think of it this way—you don’t want to be caught surfing Facebook and “liking” status updates at work, and your employees likely don’t […]
… read moreDecember 3, 2014 Sherman Morrison
Taleo Corporation began its talent management software solutions in Canada in the late 1990s, but then moved to the US near the turn of the millennium. Its initial focus was on the recruitment process, but during the past decade it expanded into performance management, compensation management, and learning/development as well. In 2012 the company was […]
… read moreDecember 3, 2014 Sherman Morrison
Canadian company Halogen Software got its start in 2001, and quickly rose through the ranks of talent management software providers, winning accolades and rewards along the way. So what is it that people like about Halogen TalentSpace, and perhaps more importantly, what do people not like about it? One advantage that many highlight is the […]
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