November 29, 2011 |
In The News
SumTotal Systems, Inc., the innovator in strategic Human Capital Management (HCM) solutions, appointmented David Osborne to Senior Vice President of Professional Services at SumTotal, overseeing worldwide services of all strategic Human Capital Management solutions for customers.
TalentSoft, the industry pioneer in SaaS-based Integrated Competency and Talent Management, announces its association with RFlex, a market leader in e-HR solutions. This alliance creates a dominant European player, a force to be reckoned with in the HR software market, a natural partner for multinationals seeking to cover their entire talent management cycle.
HighRoads, the industry leader in employer health care compliance and benefits management, is helping support children’s health care and low-income students during the holiday season - MassGeneral Hospital for Children and Nativity Prep benefit from HighRoads’ donations
THE WEEK Marketing Solutions announces the results of its first ever Emerging Leaders: Tomorrow’s CEOs research study on theweek.com/emergingleaders and in a special custom content section of its Nov. 25 issue. The six-month study identifies key attributes of the more than 1000 CEOs who have led S&P 500 companies over the past decade. This data was employed to create a predictive model that identifies 2000 business executives who are most likely to become CEOs in the future. THE WEEK engaged Beresford Research to conduct the independent research study.
Survey Says . . .
Fidelity Survey Finds Younger Higher Education Participants Are as Conservative with Their Retirement Savings as Their Older Counterparts
Fewer than One in Four Indicate they have a Formal Investment Plan for Retirement
Fidelity Investments, a leading provider of not-for-profit workplace retirement savings plans to higher education employees*, today announced results of its Higher Education Generational Survey1 . The survey of approximately 600 higher education employees examined retirement saving and investing behavior across three generations, Generation Y (ages 21-32), Generation X (ages 33-46) and Baby Boomers (ages 47-65).
“Having a personal plan for retirement is more important than ever”
Nearly half (49%) of the higher education workers surveyed described themselves as “conservative” investors when it comes to retirement, regardless of age. In fact, younger employees were found to be using the same asset allocation strategies as their older counterparts, with Gen Y using a similar asset mix (50% stock, 35% bond/annuity and 15% cash) as Gen X and Baby Boomers. (read more)
Reading List
Looking for "Superstars" in all the Wrong Places
An Article by Howard Stevens, Chairman and CEO of Chally Group Worldwide
Everybody has heard of the 80/20 rule. This concept is based on the research of Wilfried Fritz Pareto, an Italian engineer, sociologist, and economist, who discovered that 80% of the land in 19th century Italy was owned by only 20% of the population ... and it tended to stay that way over time. The concept is often applied to sales. It assumes that 80% of your sales will come from 20% of your best salespeople. Based on their anecdotal experience, most sales execs would agree with you. The actual ratio (based on Chally Group Worldwide's analysis of 900+ B-B sales forces across different industries) reveals that 52% of sales come from the top performers. Still an impressive effort and they are compensated handsomely for it. (read more)
Up Coming Event
“Best Practices in Corporate Card and Expense Management”
WHO:
Craig Fearon, of SumTotal Systems, Inc., the innovator in strategic human capital management solutions, along with Scott Baxter, director of BMO Spend & Payment Advisors, a division of BMO Financial Group, leading provider of retail banking, wealth management and investment banking products and services
WHAT: Will present “Best Practices in Corporate Card and Expense Management,” a Global Business Travel Association (GBTA) webinar that will share corporate card and expense reporting program strategies to help companies optimize and generate cost savings that have a direct impact on their bottom line
WHEN: Wednesday, Nov. 30, 2011
1:00 p.m. ET
WHERE:
Register at http://www.gbta.org/education/pages/bestpractices.aspx
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