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
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.