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Knowledge Infuser : February 2008

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Just sitting in coffee shop and came across interesting article in the NY Times. Wanted to link to ensure readers saw this entertaining, yet interesting article in the M&A space.

 

 

Another infusion of knowledge...

 

 

Link to NY Times Article

 

 

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Knowledge Infusion works with organizations from over 15 industries on a weekly basis. One of the core components of our strategy is to never look at Talent Management through a single lens. Talent Management is has specific industry characteristics that MUST be taken into account when addressing all aspects of people, process and technology.

 

 

I am attaching an interesting link from Tulsa World as we have many clients in the Energy and Oil/Gas sectors. A few highlights from the article:

 

  • More than half of Devon's 5,000 employees are near retirement, and the company and others are fighting for the next generation of energy professionals.

    "There is a real significant war for talent," said Frank Rudolph, senior vice president of human recourses.

 

  • Two years ago, Tulsa-based Oneok Inc. found itself back on college campuses actively recruiting students. The gas company has also attracted seasoned professionals whose skills transfer to the energy industry. "We're always looking for someone because we have a work force that is turning over," said David Roth, Oneok's senior vice president of administrative services. "We have a lot of people in that retirement window."

    At any given time, Roth said, the company is attempting to fill some 250 positions left open by employees who have either retired or otherwise left the company.

 

  • "Pay is no longer going to be a differential in the industry," Rudolph said. "We're going to pay you extremely competitively, but also look at what kind of company you
    can join."
    Roth said candidates also look carefully at company stability and benefits. "We encourage people to think about their careers . . . and career potential," he said. "There's a lot of that at Oneok."

 

This is a great article specific to an industry that is similar to most in the war for talent. How do these people recruit? How do the develop? How do they pay?

 

 

 

Those are the true challenges that need be addressed with a talent management strategy. A simple technology deployment won't cut it.

 

 

Knowledge Infusion will be with many of it's clients at the Dallas IHRIM Talent Management Expo on March 6th, 2008 in Texas. We look forward to seeing you there!!

 

 

Another infusion of knowledge...

 

 

Link to article

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I wanted to do a quick callout to the talented folks at Oracle and welcome them to the blogosphere of HR, Human Capital and Talent Management. Knowledge Infusion believes that these types of tools will help change the HR space forever and it is great to see Oracle as part of this change movement.

 

 

 

Oracle continues to innovate using the latest technologies to provide tools to help HR and enterprises drive value from their worldwide talent. Stay tuned to this blog for many ideas and opinions as to how Oracle will continue to be a leader in this space for years to come.

 

 

 

Another infusion of knowledge..

 

 

 

Link to TalentedApps

 

 

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Today was a great day with a member of the KI client family in a series of discussions and education around the future of technology in the HR and talent management space. After leaving the day, I felt it was necessary to do a quick post and link as to how organizations are thinking about using Web 2.0 like technologies in the day to day world of HR.

 

An except from the blog posting linked to below:

 

How would you define Web 2.0, especially as the concept relates to technologies that might be adopted in an HR setting?

 

Web 2.0 is a term used to describe the tools that people are increasingly using to connect to one another and share opinions, insights, experiences, perspectives and more. The information that is shared can take many different forms, including text, images, audio, and video. This ‘user-generated content’ and the web sites that contain it are often grouped into the term “Social Computing” or Web 2.0 web sites. Popular social mediums include social networking web sites that allow two-way communication, message boards, as well as videocasts and podcasts, blogs, wikis, social search and tagging, and rss are connecting people and distributing information in new and efficient ways.

What sorts of solutions are now available to HR shops? How do these technologies differ from more traditional offerings?

 

Utilizing the web 2.0 principles of authenticity, collaboration and participation – solutions are being developed at a rapid pace to allow companies to easily incorporate real first hand stories into their career web site and within social networking groups such as those on facebook. As compared to more traditional offerings, web 2.0 is about communicating, not advertising. Creating, publishing and distributing authentic information about an organization creates opportunities and forums through which to directly connect with customers, employers, or talent. Utilizing these principles will introduce a level of transparency, authenticity, and credibility into how an employer is perceived. Building employee social networks or participating in social networking sites, such as LinkedIn and facebook, allow companies to communicate with customers and candidates where they already spend time online.

 

Knowledge Infusion firmly believes that every HR and Talent Management technology strategy today needs to have components of Web 2.0 technology embedded into that strategy. If HR does not take advantage of this opportunity, it will be forced upon them which will create something to be policed again vs. something to be used to create a strategic advantage with people.

 

Knowledge Infusion will continue 2008 by educating the HR and Talent Management community with success stories and ideas of how to use these new technologies in amazing new ways. As one leading analyst told me yesterday, "Wow, Knowledge Infusion is the leader in Talent Management technology consulting already and now clearly the leader in leveraging new technologies in the HR space." My response was simple, +*"For organizations to compete for talent in 2008, HR has to go to where the talent is, and that is online, real-time and collaborative."

Please feel free to share your stories below

 

Another infusion of knowledge...

 

 

 

Link to article

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Knowledge Infusion has spent a considerable amount of time in early 2008 working with organizations, specifically HR organizations, helping them understand the possibilities and promise of Web 2.0 in their everyday jobs.

 

Linked is a great article from The Industry Standard on some of the issues HR is having using Web 2.0 in their everyday lives. A few highlights:

 

 

 

1. HR is at the bottom of the heap. A disconnect between recruiting and marketing is quite common in corporations. While creative brainpower focuses on selling products and services, getting candidates through the door takes a backseat.

 

 

 

2. The IT department, like marketing, pushes the online needs of HR to the backburner. By relying on excuses like "we're just too busy right now," or "here's why that won't work," IT easily pushes aside initiatives from the department that doesn't understand technology, and doesn't know how to push back.

 

 

 

3. Legal says no. Just the idea of a lawyer getting involved can kill an initiative before it's even born. It's easier to just go on with business as usual instead of try something new and innovative. Additionally, even if blogging, video and social networking efforts are approved, they are viewed as potential legal land mines and headaches if site visitors get out of line.

 

 

 

4. Turnover. HR departments tend to see a lot of turnover. Many employees spend limited time in the recruiting profession, hoping to land a less stressful generalist position or move on to higher-paying jobs in management or other departments. This leads to HR departments that prefer to play it safe and not stray from traditional recruiting tactics. People like to stay in their comfort zones, and recruiting is no different. Playing it safe means staying employed at most organizations.

 

 

 

While these topics specifically deal with recruiting, they apply similarly to all of HR. Take a read and begin to add Web 2.0 tools and technologies to your 2008 HR technology strategy.

 

 

 

Another infusion of knowledge...

 

 

 

Link to artlcle

 

 

 

 

 

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Knowledge Infusion is asked continually how to support multiple generations of workers in the workforce today and what each generation is concerned about. Here is a great article from CIO magazine to shed some light on the topic.

 

 

 

 

Another infusion of knowledge..

 

Link to article

 

 

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Jason Corsello of Knowledge Infusion predicts Workstream Acquisition by Empagio

 

Today, Workstream announced a definitive agreement in which Workstream will merge with the operating holding company of Empagio. http://www.businesswire.com/portal/site/google/index.jspndmViewId=news_view&news Id=20080213005606&newsLang=en

 

As you may recall, our own Jason Corsello predicted this on January 9, 2008 http://humancapitalist.com/?p=522 and it looks like there are several people that owe him based on his prediction http://humancapitalist.com/?p=529

 

All fun aside, what does this mean for the talent management industry (insert your thoughts here, click REPLY!!)

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Day 2 begins with a keynote by Tod Loofbourrow from Authoria. Tod was also on the panel that Knowledge Infusion's Jason Averbook moderated last evening in San Diego.

 

Tod begins with "HR Makes Talent Count"

  • Alignment

  • Engagement

  • Leveraging Community

 

Tod next discusses how The World is Connected

  • Discussion on how connected all countries are today

  • Development continues in most economies compared to 30 years ago

  • Great representation using graphics

  • Workforce - new world, connected, global

  • Opportunity is for HR to better manage the connectedness of the new age workforce

 

Prediction that CEO's will come from background in talent, not necessarily traditional sales and marketing backgrounds.

 

Obstacles to "Good Talent Management" discussed

 

  • Sr managers don't spend enough time on talent management

  • Organization is siloed

  • Map not done to CEO strategy

 

CEO Priorities discussed - interview played (video) - Helen Drinan, SVP of HR, Caritas Christi Health Care

 

  • Finding ways to get maximum contribution from people already in organization

  • Work that is meaningful truly drives employees

  • Productivity is one thing - at same time - really need to understand employee engagement

    • Engagement is capitalizing on discretionary effort we give every day at work

  • Good discussion by Tod about need for online identity and "talent profile"

  • Helen identifies need that from moment brought in, think of employees feel like leaders and start to teach them how to lead more and more

 

Interesting comparison of user interfaces between Apple iPod and SAP and discussion of how complex iTunes and iPods truly are, but the interface makes it seem so easy.

  • Don't complicate for complication sake

  • iPod is a database too; very interesting analogy

 

Question from audience: How does Authoria work with PeopleSoft or SAP?

  • Interface/Integration to ERP's

  • Need to leverage foundation of ERP

  • All other talent information in talent management system

  • Read and Feed

  • If sold business case to executives that PeopleSoft does it all, how to I resell business case

    • All about set of business processes not done in ERP (not always true)

    • Category of software that does more strategic things than ERP that now has to talk to the ERP (interesting statement)

 

Tod showing pieces of Authoria's "talent profile" - giving audience idea of what is a "talent profile"

 

Discussion of how HR must align with line management

 

Good discussion about how talent management must be comprehensive and needs to have three major components

  • "HR power users"

  • "Business Managers"

  • "Employees/Candidates"

 

2 case studies

  • PepsiAmericas

  • Aetna

 

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Once again, as part of blogging from the Strategic e-HR Conference in San Diego. As part of the luncheon at the event, I had the opportunity to sit with customers who are thinking about automating and transforming the talent management process in their organizations. It was quite an interesting conversation and wanted to remind our customer base and other readers about a few key things:

 

  • Oracle as part of their EBS suite and PeopleSoft as part of the Enterprise suite had and still have good solutions for talent management that work for many organizations in the marketplace today.

  • Integration with the core HRMS solution offered by Oracle / PeopleSoft is very important and is very hard to duplicate if only using third party solutions.

  • Oracle / PeopleSoft continue to spend a great amount of time and resource listening to their customers and enhancing the functionality of these products.

  • Talent Management is still in its infancy and if you are a customer of Oracle/PeopleSoft, you more than owe a look at these vendors; do not eliminate them from a process based on what you might have heard in the past. Their products continue to evolve and come along. I state this based on customers thoughts that I heard about what was in releases of Oracle or PeopleSoft 3-5 years ago, which is not a valid comparison to other vendors in the marketplace.

 

Once again, Knowledge Infusion believes in having a strategy for talent management and then enabling that with whatever technology makes the most sense at the right time in an organization. These are the types of conversations happen at these events that can prove very valuable for all.

 

 

 

 

 

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Sheila Couch - Director of Operations & Workforce Planning did the presentation. She began with a fascinating view of how large, complex and pervasive HP is in our everyday life.

 

  • Did a very good job of talking about HP's strategic objective - crucial place to start when tying HR and Workforce Planning to the business goals and objectives.

  • HP and Workforce Planning

    • Focus on Capital strategy alignment

      • Financial capital

      • Workforce capital

    • Have to start with business model; then can build workforce planning

    • The Change Agent to Workforce Planning

      • Elimination of jobs (STRATEGICALLY)

      • Eliminating costs

    • Investment and De-Investment

    • Aligning Cost Structure

    • Moving to Low Cost Locations Where Makes Sense

    • Right Skilling the Workforce

    • Aligning all Human Capital Programs

      • Hand off Workforce Plan to all other functions within HR (the way it should be, no silos)

      • Governance - one of the key points that Knowledge Infusion helps put in place within organizations

  • First place to start - "Build the plane before you take off"

    • Start strategically if possible, not operationally

    • Had to start operationally; not optimal but working

    • Amazing financial knowledge from a HR role - true proof that Workforce Planning is NOT TYPICAL HR STUFF

  • 4 parts to plane

    • Strategic Modeling

    • Strategic Planning

    • Operational Planning

    • Monitoring

  • Brilliant speaker for those reading - Lucia Erwin, VP of Worldwide HR from Magellan - she was responsible for building the Workforce Planning function at HP - truly gets it!!

  • All Workforce Planning starts with the Portal - a point Knowledge Infusion is also working with many clients to understand the importance of a HR portal.

  • Do an amazing job of using dashboards on a quarterly basis

  • How to spend L&D dollars tied to Workforce Plan

 

  • Keys to success

    • Executive Commitment

    • Leadership Drive

    • Business Acumen - brought course into HR (HUGE VALUE ADD)

    • Technology as a support and enabler, not a driver

 

Great session. A great example of true TALENT MANAGEMENT

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In another move that continues to show that HR needs to continue to think INTEGRATION, not INTERFACING; Workday today announces the acquisition of Cape Clear, a leading middleware provider. This move will continue to help HR tie together process and data point behind the scenes to make the user interface and employee experience even more crucial. Watch for Oracle, SAP, Lawson and the talent management vendors to continue to stress these ideas at an even faster pace of change after this announcement. Technology is no longer the bottleneck to a deployment as Rob Bernshteyn discussed today at the e-HR Conference in San Diego. Proof positive in this announcement today.

 

This move also continues to point back to the ideas that Knowledge Infusion continues to build into organization's HCM StrategyMap's which emphasize the need for HRIS and IT to focus on integrations, web services and the presentation layer to the workforce. This will continue to drive the success of HR deployments worldwide. This is a game changing move by Workday and a move that will get all vendors to continue to discuss value of integration into all HR and talent processes.

 

A good recap from ZDNet is attached here.. Take a read, let us know if questions as to how this might impact you.

 

Another infusion of knowledge...

 

Link to article

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This morning I have the opportunity to be in San Diego at the Strategic e-HR Conference produced by The Conference Board. We are lucky enough to have many of our clients here and look forward to the interaction. There are about 100 in attendance.

 

Leading off the conference is Rob Bernshteyn from SuccessFactors.

 

Rob leads off with "What impact will the recession have on HR and Business Performance". Very interesting how this message is spreading as the media continues to spread the message about a recession. Notice this link from CNN late last night...[Click here for article..|http://money.cnn.com/2008/02/05/news/economy/recession/index.htm?postversion=200 8020512]

 

  • Rob did a good job of painting a picture as to why Talent Management is a big part of business today; not only a HR function, but a business function.

  • Good discussion about how strategic HR functions tie to business impact

  • Topic of discussion: Data...Where do I store my employee data and how can it be used

  • How can I make e-HR strategic in our company?

    • Retention

    • Number of skill gaps bridged through training

    • Conduct employee surveys to keep workforce engaged and a pulse on organization

  • Issues with how HR has rolled out technology up to now

    • Unable to support dynamic processes

    • Inability to support approvals

    • Hard to find data

  • What are we doing today around e-HR?

    • Organizations working heavily around a strategic, 3 year plan

    • If HR doesn't do this, we will be left behind by rest of enterprise

  • Technology today

    • Goal alignment crucial

    • Performance Management

    • 360 degree feedback

    • Compensation

    • Using all transactions in non-intrusive way to build out analytics that matter

  • HR makes the mistake of LABELING our people (High performer, etc)

    • We all change on a daily basis

    • How do we look at performance data over time

    • Analytics drive this

  • Every employee is a potential user

    • Key point (The work we do at Knowledge Infusion very much aligned and pushing this thought as well)

    • Tools and products must be designed for everyone in the company

    • Must be easy to use to ensure adoption

    • Success is about RESTRAINING themselves and deploy what makes sense in Round 1

    • Dealing with change management (or as we call it, Deployment Excellence)

  • When thinking about e-HR, think simplicity

  • Discussion about Software as a Service

    • Much talk about Old Model vs. SaaS

      • Good education about what new model means

      • Interesting discussion about how vendors are "Not profitable" including SuccessFactors until the customer is satisfied in SaaS model

  • Discussion about how strategic HR customers outperform the stock market

  • Discussion about how organizations create value using e-HR talent management software

  • Good discussion about EMPLOYEE PROFILE and the value to the enterprise and all of talent management

 

Another infusion of knowledge...

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Blog BACKLOG

Posted by Jason Averbook Feb 6, 2008

 

 

 

 

 

Wanted to create a public apology to the 2300 or so readers of The Knowledge Infuser blog. It is Wednesday February 6th and as we speak, have about 10 blogs backlogged to get posted.

 

 

Look for this new content in the next few days. Thanks for your emails asking if everything is ok, all is better than ever at Knowledge Infusion and with the KI family, just a big BACKLOGGED on postings. I may be shopping for a Blog StrategyMap soon (smile).

 

 

Have a great Wednesday.

 

 

 

 

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