San Ramon, Calif. – October 3, 2011 – Talent management has a lot of potential. It can deliver the ability to recruit and retain talent and make workers and managers work together effectively. Yet even the most sophisticated HR organizations haven’t filled the gaps in unifying the talent management processes, let alone helping organizations achieve the level of workforce performance desired. With so many business technology advancements in collaboration, mobility, social media, analytics and cloud computing, there is a deluge of enhanced and new applications and tools for human resources and those managing the workforce to evaluate. Human Resource organizations need to take a deeper look at these business technology innovations to ensure they are meeting the level of workforce demands expected from them in shorter periods of time and with a tight technology budget.
At HR Technology Conference and Expo (www.hrtechnologyconference.com) in Las Vegas, Ventana Research is gleaning the latest in business technology advancements and best practices to infuse further knowledge to its newly launched educational and assessment services, which help HR organizations improve their talent management processes and workforce performance. The education and advisory-based programs take a comprehensive view of the talent management processes to determine where and when to advance organizations to a higher level of workforce efficiency. Ventana Research’s Talent Management research finds when organizations address the scope of requirements across its organization, processes, information and technology needs, they can achieve an innovative level of maturity.
The recently completed benchmark research in total compensation management (http://www.ventanaresearch.com/tcm) found significant opportunity to improve the value of talent management by integrating compensation and incentives together for retaining talent. HR needs to expand the portfolio of applications to support the span of talent management processes more than ever before. Recent published research on workforce analytics found that HR continues to have disparate and manual efforts to assess its own workforce performance and does not have the workforce metrics and planning capabilities required to really advance talent management. Organizations need to look at refinements to the workforce process along with a broad range of applications in cloud-based deployments and make them more easily accessible via mobile devices.
"HR organizations are struggling to empower their managers and workers to collaborate and drive increased levels of efficiency and employee satisfaction. Traditional HRMS and talent management, whether in the cloud or installed locally, has its challenges if not carefully evaluated properly," noted Mark Smith, CEO and Chief Research Officer at Ventana Research. “Our research into HR and workforce has found significant amount of disparate systems, lack of usability and little understanding of the next revolution of cloud-ready talent management mobile, social media, collaboration and analytics related technologies. These decisions limit an organization’s competitiveness and impact efficiency with talent recruitment and retention objectives. Just using existing technology and depending on IT will not help drive the necessary improvements required. The time to make changes is now. Our advisory and education services help organizations make choices in technology investments for HR and the entire workforce that save time and money."
Ventana Research’s On-Demand advisory services and comprehensive education services provide organizations with actionable recommendations to advance talent management processes with the right applications and technology including use of cloud computing, social media, analytics, collaboration and mobile based technologies like smart phones and tablets. Additional information can be found at http://www.ventanaresearch.com/talent. For a limited time you can sign up to receive a free 30-minute tune up session and get a total compensation management benchmark report at no cost. Qualified human resources and business professionals and those serious about change using business technology are eligible for the incentive.
About Ventana Research
Ventana Research is the most authoritative and respected benchmark business technology research and advisory services firm. We provide insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops and our research and advisory services, Ventana OnDemand. Our unparalleled understanding of the role of technology in optimizing business processes and performance and our best practices guidance are rooted in our rigorous research-based benchmarking of people, processes, information and technology across business and IT functions in every industry. This benchmark research plus our market coverage and in-depth knowledge of hundreds of technology providers means we can deliver education and expertise to our clients to increase the value they derive from technology investments while reducing time, cost and risk.
Ventana Research provides the most comprehensive analyst and research coverage in the industry; business and IT professionals worldwide are members of our community and benefit from Ventana Research’s insights, as do highly regarded media and association partners around the globe. Our views and analyses are distributed daily through blogs and social media channels including Twitter, Facebook, LinkedIn and Business Week’s Business Exchange.
To learn how Ventana Research advances the maturity of organizations’ use of information and technology through benchmark research, education and advisory services, visit www.ventanaresearch.com.
Media Contact:
Bailey Donoghue
(925) 242-2412
marketing@ventanaresearch.com
