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Reveille and Hyperbole:
Cornerstone OnDemand, Inc., the only proven provider of
on-demand, integrated talent
management software and services for the enterprise, announced the company's expansion into Europe
and the globalization of its solutions. Cornerstone OnDemand's comprehensive talent management offering
for learning, performance, succession, compliance and compensation is fully configurable, based on
industry best practices, and scales to grow with a global organization's needs.
TALX Corporation, a leading provider of human resource and
payroll-related services, reported that third-quarter revenues increased 24 percent to $65.0 million from
$52.3 million the year before. The Work Number services' revenues rose 18 percent, and revenues for
the tax management services business increased 15 percent from year-ago levels. The 2006 third
quarter also benefited from $4.4 million in revenues from the company's April 6, 2006, acquisition of
Performance Assessment Network, Inc.
Kenexa reiterate their "market outperform" - Analysts at JMP Securities reiterate their
"market outperform" rating on Kenexa Corporation (ticker: KNXA). The target price has been raised
from $35 to $41. Kenexa Corporation is a leading provider of talent management solutions.
Deck Chairs:
Trend Integration, the foremost provider of telephone-based job candidate screening solutions, announced that Dan Easley has joined the company as its chief technology officer (CTO).
...
AbTech Industries, a leading environmental technologies firm dedicated to providing customized clean water solutions, announced today the appointment of Les Devitt as Vice President of Sales & Marketing.
...
You Should Know:
Canada:
Talent Technology Corporation announced the formation
of a partnership with US-based WorkStrategy,
Inc., a leading provider of innovative human resource management (HRM) and technology services.
The partnership reflects Talent Technology Corporation's ongoing commitment to exceed the satisfaction
of its Resume Mirror customers operating in ERP-based human
capital management (HCM) environments.
Specifically, it gives Resume Mirror customers using Oracle-PeopleSoft applications access to
WorkStrategy's proven implementation methodologies and PeopleSoft HR domain experts.
(ResumeMirror)
Global:
Small Businesses Tuning to Outsourcing to Manage HR: IDC
PEOs are increasingly making a comeback as the HR outsourcing service model of choice for some smaller organizations
Small businesses are turning rapidly to outsourcing to manage Human Resources (HR), including the complexities of regulatory compliance, says a report by IDC. Professional Employer Organizations (PEOs) are increasingly making a comeback as the HR outsourcing service model of choice for some smaller organizations, buoyed by the improving small business economy.
According to the findings of IDC's study HR BPO and PEO Outsourcing Options for the Small Market, the majority of PEOs are small businesses themselves with fewer than 3,000 WSEs in five states or less. Despite the size of the average PEO, five percent of U.S. small businesses with 50 or fewer employees utilize a PEO for managing their HR administration.
(Global Services)
Industry Study:
MetLife Study Reveals That the American Dream is Still Alive, Yet the Erosion of Corporate Benefit Programs and Social Safety Nets Has Put the Dream at Great Risk
Financial Security is the Defining Element for All Generations, Ahead of Home Ownership and a Happy Family Life
A new study commissioned by MetLife reveals that the American dream is still alive yet the erosion of corporate benefit programs and social safety nets has put pursuit and attainment of the dream at great risk. The MetLife Study of the American Dream reveals that the dream is being propped up by American optimism; while a majority (66%) of Americans feel they have yet to achieve the dream, they remain optimistic about the future and feel it's still possible to achieve the American dream in their lifetime (67%). The study, unveiled today at a National Press Club briefing hosted by MetLife, a leading insurance and financial services company, reveals that working Americans are deeply engaged in what can be characterized as a "chase" of the dream.
This chase is occurring in an environment where financial burdens are shifting to individuals, and away from the government and employers. Today, Americans are clearly feeling the impact of these increased financial burdens -- the debate about the future viability of government programs such as Social Security and Medicare, declining pensions and the growing affordability crisis -- and they are showing signs of financial stress.
"The financial burden shift is having profound implications on how Americans define and approach the American dream," said Rob Henrikson, chairman, president and CEO of MetLife, Inc. "Where previously the American dream was defined as a combination of homeownership, a happy family life, and financial security stemming from a stable career, the defining theme now is almost a singular desire for financial security."
"With all the forces going against them, the affordability crisis, the bar continually rising and the feeling that the deck is stacked, Americans still want to believe in the dream," added Henrikson.
According to Kevin Phillips, strategic advisor to President Nixon and author of two recent New York Times bestsellers, American Dynasty and Wealth and Democracy, who spoke at the National Press Club event, "The increasing burdens being felt combined with the redefined American dream begin to explain why the traditional macroeconomic indicators –- GDP growth, the unemployment rate, and household income –- no longer strongly correlate with the public's perception of the economy, or even their personal situation."
(Read more)
Prep for Deep Release:
List of Top 5 Career Books:
In looking over the best career books of 2006, BusinessWeek chose, in no particular order
The Answers: Confronting 74 of the Toughest Questions in Business Today by Jack and Suzy Welch
Success Built to Last: Creating a Life That Matters by Jerry Porras, Stewart Emery, and Mark Thompson
The Number: A Completely Different Way to Think About the Rest of Your Life by Lee Eisenberg
The Speed of Trust: The One Thing That Changes Everything by Stephen Covey
The Difference Maker: Making Your Attitude Your Greatest Asset by John Maxwell (Business Week)
Deep Release:
BusinessWeek Names The Speed of Trust One of Top 5 Career Books of 2006
BusinessWeek selected The Speed of Trust by Stephen M. R. Covey as one of the top 5 career books for 2006. According to BusinessWeek, "Everyone can use some career advice, regardless of age or professional title. The five books that made our list for 2006 run the gamut from general business questions to managing your life outside of work. That range reflects both the increasingly large role that work plays in many people's lives and the continued blurring of boundaries between the personal and the professional."
"The one thing that changes everything in our personal and professional lives is—trust," asserts Stephen M. R. Covey, author of THE SPEED OF TRUST, which is already in its 5th printing less than three months after publication. Covey says that "the ability to establish, grow, extend, and restore trust with all stakeholders—customers, business partners, investors, and co-workers—is the key leadership skill of the new, global economy and a career critical competency." This is an assertion he is qualified to make after growing his father's, Dr. Stephen R. Covey, leadership center into a global enterprise operating in 40 countries and the largest leadership development firm in the world.
A 2002 study by Watson Wyatt shows that total return to shareholders in high-trust organizations is almost three times higher than the return in low-trust organizations — so the stakes are high. Workers that are skilled at building trust are a highly sought-after asset. From a career standpoint, high-trust individuals are much more likely to be promoted, make more money, and be given the best opportunities and projects.
According to Covey, "Leading-edge companies are asking one important question in employee evaluations: Do you trust your boss? These companies have learned that the answer to this one question is more predictive of team and organizational performance than any other they might ask. The number one reason for costly employee turnover is the relationship they have with their immediate supervisor. We are facing a crisis of trust and business ethics. In the U.S., only 51% of employees have trust and confidence in senior management."
Great Places to Work Institute, who partners with Fortune Magazine for their annual 2007 Great Places to Work survey, on newsstands now, says, "Our approach is based on the major findings of 20 years of research—that trust between managers and employees is the primary defining characteristic of the very best workplaces." This is indicative of the importance for career-minded individuals to master the skills of trust. Competition for talent favors high trust people in this increasingly competitive, global economy, and the best employers hire for trust.
Covey cautions, "We are facing a global crisis of trust and ethics on all levels—societal, institutional, organizational, relational, and personal." In 2005, only 54% of consumers in the USA trusted businesses to do the right thing, and only 39% trusted government. In Europe, just 39% trusted businesses and 31% trusted government to do the right thing. This was just highlighted last Friday, January 19th, when The U.S. Senate voted 96-2 to pass a comprehensive overhaul of their ethics and lobbying rules.
"The answer to increasing or restoring trust," says Covey, "is all about consistent behavior and learning how to interact with others in ways that increase trust and avoiding interactions that destroy it." According to relationship expert and author of You Can Be Happy No Matter What, Richard Carlson, Ph.D., "The Speed of Trust has done a masterful job teaching that trust is conditioned on our behavior and that we can consciously shift our behavior to deserve trust." Covey suggests that trust is a learned leadership and career growth competency and has identified 13 behaviors common to high trust leaders throughout the world.
The Speed of Trust outlines the way to establish integrity by identifying the four cores of credibility—the foundational elements that make you believable, both to yourself and others. With a powerful self-analysis questionnaire that prompts readers to seriously evaluate and understand the basic elements of their personal credibility, The Speed of Trust enables readers to improve the four cores in a way that increases trust on every level—from the inside out. To find out who trusts you, take a brief, free analysis at www.WhoTrustsYou.com. By focusing on both character and competence, Covey charts the way for leaders to advance their careers by developing integrity and intent, demonstrating capability, and producing results.
Business leaders agree with Covey's assertions on the importance of trust. More than 10 Fortune 500 CEO's endorse The Speed of Trust, including William G. Parrett, CEO, Deloitte Touche Tohmatsu, who said, "The Speed of Trust is red-hot relevant. In an age of heightened business regulation and oversight, it is important to focus on fundamentals. And trust is the intangible asset that can help assure the long-term sustainability of any person, organization, or enterprise. Thanks to Stephen M. R. Covey's new book, you can be well on the way to enhancing your organization's trust assets for years to come."
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.
Press Contact: Suzanne Leonard
Company Name: CoveyLink
Phone: 801-756-2700 ext. 21
Website: http://www.CoveyLink.com.
Must Read:
2006 Top Ten Series:
Amitai
Givertz,
David
Hurst,
Scott
Dow,
Kevin
Wheeler,
Hank
Stringer
Tim
Driver,
Steve
Levy,
Martin
Snyder,
Don Ramer
,
Hans Geiskes
.
White Papers and So On:
Lean Staffing Institute on Referrals from The Empower Network.
ATS Sourcing Whitepaper written by Jake Firth of JobsInLogistics.com.
Staffing Strategies: Can You Find, Recruit, and Retain the Talent You Need?
Authoria's complimentary white paper
Multigenerational Recruiting Slide Presentation done at OnRec by John and Bridget Sumser.
Virtual Edge offers
7 "Must Haves" of Next Generation Power Recruiting Technology and many other White Papers.
interbiznet and RetirementJobs.com present
Boomers to Bust Age Bias? Baby Boomers Redefine Retirement
TopUSAJobs.com: Guide to Top Specialty Boards
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