In recent months I have been asked a straightforward question by several clients: How do you define big data in the context of human capital management? More specifically, the question isn’t so much about the classic definition of big data – which includes the storage and use of high volume of data, high velocity of data and high variety of data, commonly known as the 3Vs – but really has two parts: What are the key differentiators between analytics applications and big data applications, and...
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Topics:
Big Data,
Predictive Analytics,
Social Media,
HCM,
analytical discovery,
Business Analytics,
Business Intelligence,
Workforce Performance
To strengthen its position in both core talent management and the social form of it, Peoplefluent has purchased a video collaboration platform and enhanced its existing recruiting products. My colleague Mark Smith wrote about Peoplefluent’s evolution toward a social talent management platform with its acquisition of Socialtext. In addition, our firm selected Peoplefluent’s customer Citrix for the 2013 Technology Innovation Award; it provides a practical example of how to use mobile technologies...
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Topics:
Social Media,
Customer Experience,
HCM,
Peoplefluent,
Recruiting,
Business Collaboration,
Collaboration,
Workforce Performance
Cornerstone OnDemand is a vendor of cloud-based systems for talent management. In February I covered the launch of its Cornerstone for Salesforce application and its announcement of annual earnings. Cornerstone has approximately 1,300 clients and 11 million users in companies with on average 9,000 employees. The company released its financial results for the first quarter of 2013 in May, showing year-over-year revenue growth of 57 percent, to $37.7million. This is an all-time quarterly high for...
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Topics:
Social Media,
HCM,
Business Intelligence,
Cloud Computing,
Workforce Performance,
Cornerstone OnDemand,
Talent Management,
Project Management
One of the most important ongoing challenges in human capital management is to do master data management (MDM) of core human resources information more effectively. This challenge is often most complex for large organizations that have operations spread around the globe and HR management systems in each country or each operating division. To address this issue, SumTotal Systems recently announced the release of elixHR Platform at its TotalConnection user conference. This is the latest evolution...
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Topics:
Master Data Management,
Social Media,
HCM,
Business Analytics,
Business Intelligence,
Business Performance,
Financial Performance,
Information Management,
Workforce Performance,
Workforce Analytics,
HR Management(HRMS),
SumTotal
I attended the 2013 Ceridian’s analyst day in Chicago to hear about and evaluate the progress the company has made over the last year and see the latest updates to its products since our firm last commented on them. Last September my colleague Mark Smith assessed Ceridian’s workforce management product Dayforce. As well we selected Ceridian’s customer Guitar Center for the 2013 Ventana Research Leadership Award for Overall Business Leadership.
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Topics:
Social Media,
HCM,
Office of Finance,
Business Collaboration,
Cloud Computing,
Ceridian,
HR,
HRMS,
Talent Management,
Workforce Management
As most employers are aware, the Patient Protection and Affordable Care Act (PPACA or Affordable Care Act) goes into effect in January 2014 which I recently assessed the need to be technology ready. The new law was signed into law on March 23rd 2010 and with the Supreme Court decision in June of 2012 which upheld the law and the re-election of President Obama in November, the law complex regulatory requirements that businesses need to understand before then. Those that don’t prepare may incur...
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Topics:
Equifax,
eThority,
HCM,
Office of Finance,
Obamacare,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Management,
Workforce Performance,
TALX,
Healthcare Reform
To comply with the Patient Protection and Affordable Care Act (PPACA or Affordable Care Act), which survived a Supreme Court test and a presidential election, all employers with more than 50 full-time employees must be ready by January 2014 to deal with the lion’s share of the law’s employer mandate requirements. Our recent benchmark research on governance, risk and compliance indicates that many of those employers have significant concerns about compliance issues: 53 percent of participants...
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Topics:
HCM,
Office of Finance,
Obamacare,
Operational Performance,
Business Analytics,
Business Performance,
Financial Performance,
Information Applications,
Information Management,
compliance,
Spreadsheets,
HR Management
Human capital analytics used to be simple. It focused on compliance reporting, showed basic information and was an afterthought in most applications. Today analytics is the centerpiece of many human capital management applications and involves many sophisticated tools, because it delivers the some of the greatest value of any process in all HCM. Our next-generation workforce management benchmark research found that 61 percent of companies surveyed are planning to invest in improving their...
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Topics:
HCM,
OrcaEyes,
Analytics,
Business Analytics,
Cloud Computing,
Information Applications,
Workforce Performance,
Talent Management,
Workforce Planning
Improving how employees and managers can improve talent management activities through changes in process, technology and better access to information is both a theme of my research agenda this year. It is also what the key technology vendors in this space have been focused on developing products to do. Cornerstone OnDemand is one of those vendors that has been in the talent management space since 1999, when it launched its original CyberU learning management product, and now offers a broad...
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Topics:
Sales Performance,
Salesforce.com,
Social Media,
HCM,
Learning,
Performance,
Recruiting,
Business Collaboration,
Business Performance,
Cloud Computing,
Workforce Performance,
Cornerstone OnDemand,
HR
Learning management software (LMS) has evolved over the past 25-plus years from a classroom scheduling tool that helped streamline instructor-led and classroom training to a rich, integrated enterprise application that delivers and tracks training across an entire organization. These applications are effective at enabling organizations to share knowledge and track the knowledge-sharing process. Typically they use a top-down model involving classic instructor-led training and online courseware....
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Topics:
Sales Performance,
Social Media,
HCM,
LMS,
Social Collaboration,
Learning Management,
Operational Performance,
Customer & Contact Center,
Information Management,
Workforce Performance,
HR,
Talent Management