Step-by-step guide helps organizations of all sizes to simplify the talent management buying process
Santa Monica, CA - July 11, 2007 – Cornerstone OnDemand, Inc., the only proven provider of integrated, on-demand talent management solutions and services, today announced the availability of a new whitepaper by Knowledge Infusion entitled, “Buying a Talent Management System: The 11 Key Steps to Success.” Specifically, the whitepaper simplifies the journey of evaluating and purchasing a talent management system, by proposing eleven straightforward steps to guide organizations through this often daunting process. In addition, this whitepaper addresses key business considerations to keep in mind for each step. This free whitepaper can be downloaded here.
“With more talent management system choices on the market today, it’s no wonder that many businesses end-up making erroneous assumptions about costs and administration requirements,” said Heidi Spirgi, President, Knowledge Infusion. “We determined that simplifying the evaluation process is the first step to help organizations as they make this vital purchasing decision and, in turn, build their confidence as they deploy their talent management system of choice.”
The Knowledge Infusion-Cornerstone OnDemand whitepaper explores the following steps:
1. Establish Objectives
2. Win Executive Support
3. Assemble a Project Team
4. Define Requirements – Getting There From Here
5. Establish a Preliminary Timeline and Resource Requirements
6. Prepare a Business Case
7. Establish a Budget
8. Evaluate Solutions
9. Select a Vendor
10. Negotiate the Contract
11. Begin Implementation
Additional guidelines contain examples of best practices and key information on business impact including many of today’s top business concerns such as retention and succession planning. Further, organizations receive step-by-step instructions on what to look for, what to avoid and even how to finalize a contract with their chosen vendor partner. By following the clear-cut advice detailed in this white paper, organizations of all sizes and across all industries will gain valuable insight into their internal processes and business goals, which will ultimately lead to a more effective talent management strategy.
“Unlike many of the expert recommendations out there, this guide directly addresses customer concerns and needs up-front, detailing the process in a succinct and straightforward manner,” said Adam Miller, President and CEO, Cornerstone OnDemand. “Once again, Knowledge Infusion’s systematic approach to educating the marketplace results in a valuable service for all organizations seeking ways to improve their talent management strategy and, in turn, achieve alignment with business goals.”
About Knowledge Infusion
Knowledge Infusion is the recognized consulting authority on technology solutions that drive business value from Human Capital Management and Talent Management. Formed in 2005, the firm provides strategic management consulting services via its integrated Strategy-Plan-Action methodology, together with thought leadership, trends, market intelligence, and analysis from the newly formed Center of Excellence. Complementing each other, the on-site consulting and Center of Excellence offer an unparalleled source of services and information for the HCM Community with a common goal in mind--maximizing the strategic direction HR has on an organization. Knowledge Infusion is the recipient of the 2007 IHRIM Partner Award, given for significant on-going contributions of time and effort in leading activities that add direct and immediate value to IHRIM and the field of HR information management. To learn more visit: www.knowledge-infusion.com
About Cornerstone OnDemand, Inc.
Cornerstone OnDemand helps organizations to empower their people and optimize workforce productivity by offering a comprehensive suite of talent management solutions for learning, performance, compensation, succession and compliance management, as well as robust reporting and analytics. Cornerstone also provides over 30,000 pre-integrated training titles. The Company’s multi-tenant, multi-user software as a service (SaaS) architecture provides customers with rapid deployments, minimal IT costs, flexibility, reliability and a lower total cost of ownership. Cornerstone’s triple-digit growth has been supported by a market-leading customer retention rate. Marquee organizations such as Smith Barney, Pitney Bowes, Mt. Sinai, Honda, DIRECTV, Barnes & Noble, and Aon count on Cornerstone to help them achieve organizational excellence and competitive advantage.
For more information, please visit http://www.cornerstoneondemand.com.
To download the whitepaper, visit http://www.cornerstoneondemand.com/10-recommendations-advancing-your-hr-technology-strategy-knowledge-infusion
Cornerstone OnDemand, Inc.