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D

interbiznet presents the Bugler
March 24, 2006
Special Edition: Talent Management

Special Twin Edition ERN: Talent Management.





Reveille and Hyperbole

BAJobs.com, a leading online employment resource for the San Francisco Bay Area, selected Extractable to design and develop an enhanced database job management system. The engagement includes the development of a technical strategy for managing a range of functionality improvements for job seekers and employers, a creative redesign of the BAJobs.com user interface, and a complete overhaul of the back-end database application that manages the site's job placement functionality.

CarterBaldwin and the BlueBridge Group jointly announced today that they have signed a definitive agreement, whereby CarterBaldwin will acquire the BlueBridge Group. The combined companies, operating under the name CarterBaldwin Executive Search, will unify and support its new expanded customer base with more abundant expertise across key verticals

HRM Software Ltd and Cézanne Software S.p.A. jointly announced they have signed a definitive agreement to merge, approved by the boards of directors of both companies. The merger brings together two of Europe's leading suppliers of Human Capital Management software and will create a company with more than 500 large and mid-sized customers in over 20 countries, together with a network of partners across Europe, US, Latin America, Australia and part of Asia.

Deck Chairs
Barbara Kurka has been named senior vice president/director of Human Resources for the Katz Media Group....Executive jewelry staffing specialists Diamond Staffing Solutions has named Rachel Treitelman Rosin as its Northeast regional sales manager....

You Should Know (Recent and Past)
Talent Management
By popular demand Why buy HR applications when you can rent them?
Growth comes at a price—and often it's a company's HR department that has to pay it. Consider Genmar Holdings, a $1 billion (€835m) US maker of recreational boats sold under brands such as Wellcraft, Seaswirl and Larson. A multi-year acquisition spree made it difficult for the company to obtain consolidated information at the corporate level. Even tallying its current number of employees proved elusive. Yet David Mahler knew how many IT staffers he had: one. So when talk turned to buying a new HR system, Mahler, the treasurer of Genmar sister company Jacobs Management, which provides a range of administrative services to Genmar, knew it had to be easy to implement and even easier to run—and it had to cost very little money. A few years ago, that wish list would have doomed the project. But today, HR departments find themselves in the unaccustomed position of driving a technology trend, towards the "software as a service" model. Often referred to as "on-demand" or "hosted" software, the idea is to pay for software on a subscription basis (say, per employee per month) and let the provider worry about running it. Clients access the applications via the internet, but they don't own or support them. (CFO Europe)

Managing Your ''Greatest Asset''
Talent-management software can add consistency to compensation programs and light a fire under ''laggards'' in your workforce.
"People are our greatest asset." That truism is too warm and fuzzy for Paul Murray, chief financial officer of Proxicom, a developer and manager of Internet-based software. The consultants who make up the majority of Proxicom's workforce are what Murray calls "billable resources" — and they're not billing hours, he notes, if they're "wasting time on administrative tasks." Take performance reviews, which hadn't been conducted in the three years before Murray joined the Reston, Virginia-based company in 2004. The first efforts to resume them lacked any discernable system or organization — "tons of Word documents floating around" is how Murray remembers it. (CFO.com)


Talent Management Booms
$4.5 billion marketplace by 2005, says report from Aberdeen; finding, developing, and retaining human capital  Research group Aberdeen has released a new report -- "The Growth of an Industry: Enterprise Talent Management 2003 -- projecting a $4.5 billion marketplace for hiring management applications within the next two years, expanding to $10.3 billion by 2008. It's a marketplace that PeopleSoft (a vendor profiled in the report) refers to as human capital management, or HCM.  Whatever you call it, or however big the market will actually get, talent management software's proposition is simple: attract, develop, and retain the finest employees (whether permanent or contingent) at the lowest cost.  That said, it might seem paradoxical that talent management/HCM would be popular in troubled economic times such as these. On the contrary, says the report, pointing out that more resumes than ever are pouring in to HR organizations all over the country, requiring electronic assistance to screen and sort. Furthermore, companies that set up such programs now will have a head start when it comes to hiring during a recovery, the report claims. (Line56)

Talent management
Performaworks Inc. has released Performaworks Succession Management, a new succession planning software tool. The software is available as an individual program or as an add-on to the Performaworks Enterprise Suite software package. The succession management software is designed to help employers identify and develop high-potential employees. By allowing executives to create and manage succession plans for key positions, Performaworks Succession Management will reduce the risk of sudden changes in management, encourage cross-organizational talent development, reduce the number of external hires, increase the chances of success for internal candidates, improve morale and create a culture that develops talent internally. (HR Magazine)

Talent Management
The softening economy has put even greater pressure on staffing organizations to select top performers while reducing hiring costs. Leading organizations are leveraging technology to proactively manage relationships with both candidates and employees with the goal of quickly filling open jobs and building a sustainable pool of talent. HRchitect has helped design and implement talent management solutions for a wide range of companies, from fast-growth "dot.coms" to stable, worldwide members of the Fortune 100. We know that "talent wars" begin long before resumes and applications reach a company's recruiters and continue throughout an employee's company career. We build systems with that entire event chain in mind. We've implemented more than 50 systems in the past year; we understand the need for speed, efficiency and effectiveness. (HRchitect)


New leadership trend #2: be scary
A financial times article on leadership (subscription required) argues that "Managers need the S-factor to set workers' hearts a-flutter." The s-factor you ask? S is for scary. Based on research done by a fellow named Roderick Kramer, a psychologist at Stanford, the article makes the case for leaders to use fear and intimidation as a key tenet of their interactions. The gist seems to be that by keeping people on their toes, they will perform better. (The Performance & Talent Management Blog)


WisdomNet eliminates many middle-management tasks
You want to get rid of your boss. A Denver company may have the answer. Specifically, WisdomNet's integrated talent management system - or I-TMS - could cut out the middle manager, replacing him or her with software that handles many of the functions of a human boss. The recently debuted system changes the way a company manages its people by putting a slew of information at decision-makers' fingertips. Among other things, it can keep employees on target to meet goals and evaluate their performance. (RockyMountainNews)


Achieving Competitive Advantage Through Strategic Talent Management
Companies invest in talent management solutions for a wide variety of reasons. It could be that the VP of HR is under pressure from the CFO to reduce costs associated with the discretionary sourcing budget. There may be an immediate need to address concerns around EEO or similar regulatory compliance. It could be that the small team of recruiters, expected to serve a large base of hiring managers, simply cannot handle mounting volumes of application submissions. (Expert Insights)



Some Providers

The following firms consider themselves to be providers of Talent Management Software:




Some Resources



Focused Candidates Visit Focused Job Boards.
Find your focus below and discover a new channel of fresh talent!
Accounting / Finance jobsinthemoney.com
Accounting / Finance CareerBank.com
Call Center CallCenterJobs.com
Construction ConstructionJobs.com
Consulting ConsultingCareerQuest.com
Drivers / Trucking JobsInTrucks.com
Employee Benefits BenefitsLink.com
Enviro/Occup. Health & Safety EHSCareers.com
Executive RiteSite.com
Executive NETSHARE.com
General JobKite.com
Health / Medical HealthJobsUSA.com
Health / Medical NurseTown.com
Hispanic / Bilingual LatPro.com
Logistics JobsInLogistics.com
Manufacturing JobsInMFG.com
Retail AllRetailJobs.com
Tax Specialists TaxTalent.com
Telecom / Wireless TelecomCareers.net
Transitioning Military TAOnline.com
For more Specialty Boards, visit:
The
Employer's Corner on TopUSAJobs.com
marketing@TopUSAJobs.com


Coming Soon
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Lucas Group and The Wall Street Journal:
Executive Diversity Career Fair

April 19, 2006

Chicago , IL -
Embassy Suites, Chicago Downtown
For details:awasson@lucasgroup.com
HRIM: HRM Strategies 2006
April 9-12, 2006
Washington, DC
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HR Shared Services Summit
Optimizing HR Shared Services to Achieve Excellence in Your Organization
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May 22 - 24, 2006 ·
Sonesta Hotel - Coconut Grove, FL
Hunt Scanlon Advisors present
Generating Higher ROI on Human Capital
June 7, 2006
Chicago
OnRec Online Recruitment Conference
Queen Elizabeth II Conference Centre
June 20
Westminster, London
contact:
Chris@OnRec.com
More Info
2006 EREC
21-22 June 2006
ExCel
London, UK
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SHRM's 2006 Annual Conference & Exposition
June 25-28
Washington, D.C.
$1,350
Read more
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OnRec Expo 2006
12-13 September 2006
Donald E. Stephens Convention Center
Chicago
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2006 Strategic HR Conference
October 4-6, 2006
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Phoenix, Arizona
Human Resource Executive's
9th Annual HR Technology® Conference
Oct. 4-6, 2006
Navy Pier in Chicago, IL

$!095
Register
2006 SHRM Workplace Diversity Conference
October 16-18, 2006
Century Plaza Hotel and Spa
Los Angeles, California
Hunt Scanlon Advisors present
"Defining Leaders"
New York city
October 18 - 20, 2006
New York Palace
 
HR.com's Employers of Excellence 2006
October 25 - 27, 2006
Red Rock Resort
Las Vegas, Nevada
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Archived Issues:
    03/27/2006
    Talent Mngmt
    03/24/2006
    03/23/2006
    03/22/2006
    03/21/2006
    03/20/2006
    03/17/2006
    03/16/2006
    03/15/2006
    03/14/2006
    03/13/2006
    03/10/2006
    03/09/2006
    03/08/2006
    03/07/2006
    03/06/2006
    03/03/2006
    03/02/2006
    03/01/2006
    02/28/2006
    02/27/2006
    02/24/2006
    02/23/2006
    02/22/2006
    02/21/2006
    02/17/2006
    02/16/2006


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