Choosing a Talent Management Technology Partner
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Transcript of Choosing a Talent Management Technology Partner
Choosing a Talent Management Technology Partner & Solution
Talent Management Technology Thought Leader Briefing
Welcome
• The presentation will begin shortly
• Call in #512.225.9514, pin 812571#
• Audio technical support: Dial *0
• Ask questions through chat
• Mute until Q&A
Your Moderator:
Allan SchweyerExecutive Director
Human Capital Institute
Choosing a Talent Management Technology Partner & Solution
Talent Management Technology Thought Leader Briefing
Rolando LopezCIBC
Susan BurnsFederated Department Stores
Your Fellow Panelists:
• Joanne Bintliff-Ritchie, DoubleStar Inc.
Christopher DeFoeDeFoe Associates
Elaine OrlerThe Newman Group
Choosing a Talent Management Technology Partner & Solution
Talent Management Technology Thought Leader Briefing
Katherine JonesAberdeen Group
Simon LambBritish BroadcastingCorporation
Keith VencelUniversity of Phoenix,Northern California
Agenda
• Introductions
• Key statistics and trends
• Discussion of key questions
• Open questions and comments
• Roundtable wrap-up
Choosing a Talent Management Technology Partner & Solution
Talent Management Technology Thought Leader Briefing
The Market for Talent Management Technology
Question 1:
• What are the key decision drivers for organizations deciding whether to go with ERP vs. best of breed vs. “Tier Two”?
• What are the advantages and disadvantages with ERP?
Choosing a Talent Management Technology Partner & Solution
Talent Management Technology Thought Leader Briefing
ERP/HRMS vs. “Best of Breed” vs. Tier Two
• Leading-edge functionality• Robustness and security• Ease/speed of procurement/implementation• Reputation• Single platform • Integration• Service• Upgrade schedule• Viability• Flexibility/Configurability• Cost
Question 2:
• For those that choose best of breed or tier two, how should they navigate the vendor landscape to make the best choices?
Choosing a Talent Management Technology Partner & Solution
Talent Management Technology Thought Leader Briefing
• Price• Focus• Experience• Viability• Customer Retention• Security• Scalability• EEO Compliant• Global Capability• Flexibility• Ease of Use• Talent Centric• Interoperability
Key Differentiators
• What are your Challenges?• What are the Must Have vs. Nice to Have
features• What is needed Today and Tomorrow• Is there an “off-the-shelf” Solution available?• Can it/Should it be Outsourced?• Build vs. Buy• ASP vs. Install
The Main Differentiator: What do You Need?
• Cost
• Flexibility
• Scalability
• Security
• Data
• Compliance
• Integration
• Support
ASP vs. Install
Question 3: Somewhere between the big ERPs and the niche solutions vendors, there is a growing field of "suite players". These vendors offer several, often integrated components of the Talent management technology landscape (assessment, sourcing, ATS, PMS, onboarding, etc.)
• Is this where the niche market as a whole is heading? Do the suites offer tools that, on their own, are as robust as the single solution providers?
• Why might an organization want to consider a suite player (even if they're only interested in one application for the time being)?
Choosing a Talent Management Technology Partner & Solution
Talent Management Technology Thought Leader Briefing
Integration
Source: Lynne Morton, Integrated and Integrative Talent Mgmt. / The Conference Board
Question 4:
• A growing number of companies are choosing to outsource the technologies and the processes that go with them.
• When/why might a company choose this option?
Choosing a Talent Management Technology Partner & Solution
Talent Management Technology Thought Leader Briefing
HR Outsourcing (current)
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10
20
30
40
50
60
70
80
90
100
Payroll Benefits Training Recruiting Other
%
<100 100-999 1000+
• IT Outsourcing/ASPs• Staffing• Tactical Outsourcing• Full Process Outsourcing (HRBPO)• PEOs• HROs• BPOs• Offshore
HR Outsourcing
• Buyers’ Guides- HR.com - Electronic Recruiting Exchange (ERE)
- Brandon Hall - Corporate Leadership Council
• Expert Opinion/Analysis- Gartner -Brandon Hall - Aberdeen - ERE - Interbiznet.com – IDC -
- Forrester - META -AMR - Human Capital Institute - Corporate Leadership Council - Yankee Group - HR.com - Workforce.com - HR Exec Magazine
- Conference Board - ASTD - HR Institute - HR Technology Show
• Consulting- Newman Group - HRchitect - Capital H - Watson Wyatt - Kutik & Co.
- Gartner - META - Towers Perrin - Christopher DeFoe & Assoc. - The Prophet Group
Resources
Recommended Reading
Open Mic
Choosing a Talent Management Technology Partner & Solution
Talent Management Technology Thought Leader Briefing
• First, questions from chat
• Next, comments and questions welcome
• Please mute your phone, when not speaking
• Please do not put phone on hold
Mark your Calendar
Tuesday October 4, 200512:00 – 1:30 PM EST
Tools and Steps for Unifying Total Workforce Data and Technology
Sponsored by Peopleclick
Thursday October 6, 200512:00 – 1:30 PM EST
Building Talent Management Competency in Small and Medium-Sized Companies
Sponsored by HRsmart
Choosing a Talent Management Technology Partner & Solution
Talent Management Technology Thought Leader Briefing
Thank YouHuman Capital Institute
2121 K Street, N.W. Suite 800Washington, DC 20037
(866) 538 1909www.humancapitalinstitute.org
Choosing a Talent Management Technology Partner & Solution
Talent Management Technology Thought Leader Briefing