The Simple Truth of Talent Management
Gartner 2015 Magic Quadrant for Talent Management Suites – Our Response
There are hundreds of quotes about the importance of ‘fundamentals’… that is the primary principals or foundation on which something is based. You can look to any area in society – sports, music, acting, finance/ investment… the list is endless. Here’s one of my favorites:
“The minute you get away from fundamentals – whether its proper technique, work ethic or mental preparation – the bottom can fall out of your game, your schoolwork, your job, whatever you’re doing.” – Michael Jordan
I speak with a numerous customers, partners, and market analysts about talent management and HR issues—mostly around how we can apply the latest technology to improve or solve a specific challenge. What’s interesting is that, more often than not, what most customers need help with is what could be considered to be the “fundamentals” of talent management. We’ve identified five “fundamentals” to talent management. These include the areas of Talent Attraction, Development, and Retention, plus Risk Mitigation and Communication.
- Development – starts with aligning people to the right goals, ensuring continuous focus and feedback, and providing relevant, personalized learning experiences
- Risk Mitigation
Now, I’m not suggesting any of these areas are “simple” things to solve. Let’s be honest – people are complex, and organizations can be even more so. The result? … Building better results in your business thru your people can be challenging.
However, we do believe that the technology and talent suite used to help improve business results thru people should be comprehensive, simple to use, and simple to run. In fact, leveraging a talent management suite should help reduce complexity by clarifying, automating, and ensuring improvements of not just the fundamentals – but actual business results. The simple truth is – software solutions should make it easier to perform things that are complex and critical.
A talent management suite should easily help you improve your fundamentals – today, and tomorrow. Meaning, they you should get fast value in solving your talent challenges today, and provide you confidence in the vision and direction for the future of the solution.
We are proud to once again be recognized as a Leader in the 2015 Gartner Magic Quadrant for Talent Management Suites where provides of talent management software are evaluated across two dimensions, “Ability to Execute”, and “Completeness of Vision”.
We believe our leadership in Talent Management is a testament to our ability to help HR and business leaders not only improve their talent management fundamentals and business results today, but also provide a confident, crisp, clear direction for tomorrow.
Gartner includes all of the key areas of talent management in their assessment: Recruiting, Onboarding, Learning, Performance & Goals, Compensation, Succession & Development – as well as analytics, social, and mobile capabilities. Further, they review things like services and support, and go-to-market plans.
Gartner defines “Leaders” as vendors who “demonstrate a market-defining vision of how TM technology can help HR leaders achieve business objectives. Leaders have the ability to execute against that vision through products and services, and have demonstrated solid business results in the form of revenue and earnings. In the TM suite market, Leaders show a consistent ability to win broad suite deals. They have significant successful customer deployments in North America, EMEA and the Asia/Pacific region in a wide variety of vertical industries and with multiple proof points. Leaders are often what other providers in the market measure themselves against.”
We are honored, and frankly humbled to receive this recognition. As a leader in Talent Management we feel a tremendous responsibility to continue to provide innovative solutions that reduce complexity and help you more easily improve the fundamentals of talent management so you can achieve even greater results.