Date post: | 31-Oct-2014 |
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Technology |
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LearningThe Missing Link in Your Talent Management Solution
David WilkinsVice President of Taleo Research
Safe Harbor StatementThis presentation contains forward-looking statements that involve substantial risks and uncertainties. Typically, these statements contain words such as “anticipate," “believe,” “could,” “estimate,” “expect,” “intend,” “plan,” forecast,” “project,” “predict,” “potential,” “continue,” “may,” “should,” “will” and “would” or similar words. You should consider these forward-looking statements carefully because they may include statements regarding our future expectations or projections about future events. The forward-looking statements in this presentation include and are not limited to growth rates for various markets estimated by a third party source, future product and technology development, widespread market acceptance of the hosted delivery model, future revenue growth and profitability. Actual results may differ materially from the results expressed or implied by the forward-looking statements. You are cautioned that forward-looking statements are not guarantees of future performance. The forward-looking statements included in this presentation are made only as of the date of this presentation and we undertake no obligation to update the forward-looking statements to reflect subsequent events or circumstances. Please see the risk factors included in our Registration Statement filed with the SEC.
This presentation and the information contained herein is the property of Taleo Corporation.
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Learning delivers
unmistakable business value
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What % of your employee base will not look to improve their skills unless they are required to as part of their job requirements?
90%
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What will the average voluntary turnover of a $90,000 / year employee cost you this year?
$370,000US Department of Labor
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True or False? A chance to learn and grow on the job increases employee engagement and is one of the key drivers of retention?
TRUECornell University Study
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What if Training Investment…
…could predict the future?
04/08/2023 | 8’’‘‘A firm’s investment in employee training is the single-most powerful predictor of stock price.
Surprise!training investments this year = stock gains next year
Dr. Laurie BassiVP for Research at the American Society for Training and DevelopmentTenured professor of Economics and Public Policy at Georgetown University, 1982–1995
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+ $72,000per employee
And Drive Revenue / Employee?
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What are the ROI measuresthat are linked to L&D?
SHOUT OUTTIME!
Retention Risk mitigation
Reduced costs
Client satisfaction
Employee Engagement Productivity Revenue per
FTEDirect
revenue
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42% Reduction in TurnoverReduction in Worker’s Comp Incidents and Costs
Cut New Hire Training in HalfIncreased Revenue by 32% per Employee
Employee enablement scores for T&D:21% higher than High Performing Companies
Cut Agent Training from 30 Days to 7Increased Process Adherence by 25%
Taleo Learn Business Impact
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Among those who took training:• 25% decrease in support calls• 98% renewal rate • 90% decrease in negative responses about training• 4-6x increase in training-related revenue
Reduced training expense by 25%While increasing quality and quantity
Train resellers and partnersMultiple portalsFull ROI in six months
Taleo Learn Business Impact
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What are the connectionpoints? Learning and…
– Recruiting and onboarding?– Goal Planning?– Performance Management?– Succession Planning?
SHOUT OUTTIME!
04/08/2023 | 142.Learningthe missing
puzzle piece
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Recruiting Business Challenges
› Finding the right people› Skills› Experience› Cultural Fit
› Finding enough of the right people› Marketing and selling the
organization to the candidate
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Learning & RecruitingChallenges Learn Solutions
Lack of skills?
Lack of cultural fit?
Not enough candidates?
Inability to close on candidates?
Quick quits or long time to competency?
Train your candidates with an external training portal
Good training = employee NPS
Bring candidates to you
Become a desired place to work by investing in people
Link on-boarding with training automation and discussion forums
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Performance Business Challenges
› Developing new skills in response to changing business conditions
› Overcoming skill gaps› Talent mobility› Career growth› New job responsibilities› Stretch goals
› Adherence to process› Efficiency
04/08/2023 | 18COPYRIGHT 2010
What’s on your CEO’s Mind
CHRO Study IBM – Working Beyond Borders.pdf
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Learning & PerformanceChallenges Learn Solutions
Need to gain a skill for a project? Need new skills broadly across org?
How do I develop top performers?
Specific skill gaps in a new employee’s talent profile?
New skills in support of an individual or organizational goal?
Poor performance review?
“Pull” learning: learner finds & enrolls“Push” learning: assign to learner
Tailored learning plans and stretch plans to new career paths
Create tailored learning plan
Goals can include development plans and training, show progress
Career Development plans to help employee achieve career goals
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Succession Business Challenges
› Identifying future stars and high potentials
› Bench strength› Structuring OTJ training - mentoring
and real-world experiences› Leadership development programs
› Stickiness› Scale› Throughput
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Learning & SuccessionChallenges After
Real world experience & mentoring?
Leadership development challenges?
Lack of bench strength?
Identification of lifelong learners?
Identify future stars / high potentials?
Create shared spaces and individual or team assignments
Create blended leadership dev to drive concepts into org
Map role to competencies; map competencies to learning; self-reg
See who is self-enrolling for training
Connect the dots between existing stars and training history
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IntegrationsRoadmap
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SSOSingle User
Profile
Over 120 Feeds
UI Integratio
n
Non-techy speak:› Seamless login to the Learn
platform from Taleo
› All user data, job roles, manager relationships, competencies are fed into Learn solution from Taleo.
› All Learn content is exposed and searchable with the Development Planning module wherever that appears.
Integration Today
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DeeperSSO
Single User
Profile
Bi-directional
Feeds
UI / UX Integratio
n
Non-techy speak:› Ability to launch Learn content
via direct link from any Taleo field supporting a URL.
› Learner data going back to Taleo – training history, transcripts, certifications.
› Deeper UI / UX integration for more seamless workflow, for example enabling registration for ILT classes from within the Goal Planning.
Integration Tomorrow
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REMEMBER:
1. Learning and the Taleo Learn platform deliver unmistakable value on their own merits.
2. The Learn solution specifically address many key gaps and challenges in related Talent Management pillars.
3. Learn is already deeply integrated within the Taleo suite. Future integrations will be non-disruptive and add even more power to the suite.