Talent Management Tipping Point
As any marketing person can tell you, dramatic change in perception often requires a tipping point. Whether it’s a new product or an emerging product category, the breakout finally happens when a critical mass is reached and everyone involved seems to understand there is no going back to the old way of thinking about that product or category.
The HR Technology show in Chicago last month was precisely that tipping point for talent management. Press and pundits all seem to agree that talent management, once considered a nice-to-have set of tools for capturing employee data, has moved up the business value chain considerably, taking its place alongside other strategic application suites in the enterprise.
The shift has much to do with the availability of integrated talent management suites that incorporate advanced recruiting, compensation, performance and development solutions, which work together seamlessly and provide executives with previously unavailable visibility into the talent machinations of their businesses. Cross-application business intelligence combined with global capabilities and a slick Web 2.0 interface are primary tenets of the new and strategic breed of unified talent management suites, and Workstream is proud to be leading this charge.
Kudos to SystematicHR for being among the first to recognize the talent management tipping point. The future of talent management is indeed a very bright one.