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At Taleo World, Talent Intelligence Transforms Corporate StrategyRecord Setting Audience of Taleo Users Gather to Learn How Mobile Technologies and Social Networking Are Shaping the Future of Talent Management (September 12, 2011)
SAN FRANCISCO, CA -- (Marketwire) -- 09/12/11 -- TALEO WORLD -- More organizations are embracing the power of Talent Intelligence, making it an integral part of their corporate strategy, and increasingly relying on social media networks and mobile technologies to acquire and retain the talent they need to remain competitive.
These are the forces shaping the future of Talent Management, according to Michael Gregoire, Chairman and CEO of Taleo Corporation (NASDAQ: TLEO), the global leader of SaaS-based Talent Management solutions. Gregoire made the remarks in his keynote speech this morning before a record-setting audience of 1600 at Taleo World, where human resources and Talent Management executives will explore how best to use Talent Intelligence to know their people and grow their business.
"Talent Management strategies are becoming part of the very marrow of corporate strategic plans, a sign that Talent Intelligence is playing an ever-larger role in business growth," said Gregoire. "As forces like social networking and mobile technologies dictate how companies connect with talent, no business can afford to let these trends escape its grasp. That's why Taleo continues to evolve our vision for Talent Intelligence -- aggressively, and always with an eye on what's next."
Gregoire pointed to industry data that reveal how these trends are already underway:
- In PWC's 2011 CEO Survey, leading CEOs identified talent management as a major challenge and a key driver of business performance.i
- More companies are using social media to recruit top talent and hire from within. It helped CDW, a $7.6 billion technology solutions provider, cut its overall talent management costs by 48 percent.ii
- Mobile workers are growing so common that there will be 1.2 billion by 2013; by then, IDC expects three out of four U.S. workers will be mobile.iii
For the next three days, Taleo World will feature speeches, presentations and news events that show how these three trends are defining Talent Management's future.
CONDOLEEZA RICE HEADLINES FOUR GUEST KEYNOTES
More than 1,600 Taleo World attendees are also expected to be on hand Tuesday for a Day Two keynote speech by former Secretary of State Condoleezza Rice. Dr. Rice, whose speech focuses on how leaders are called to make critical decisions in difficult times, joins former Deloitte Chairwoman Sharon L. Allen, Fortune Magazine Senior Editor Geoff Colvin, and New York Times & Wall Street Journal bestselling author Daniel Pink as headline speakers for the event.
THE POWER OF SOCIAL RECRUITING UNLEASHED
Taleo and LinkedIn announced a joint collaboration that will make it easier for job-seekers to apply online by allowing them, with the click of a button, to pull information directly from their LinkedIn profiles into online applications. In addition, recruiters now have instant access to candidate information stored in more than 120 million LinkedIn profiles, all without ever leaving Taleo. Click here for more details.
DELIVERING INSIGHT AT THE POINT OF ACTION
Taleo also unveiled the latest release of Taleo Enterprise, which introduces groundbreaking social recruiting capabilities, new search and visualization tools, and a more flexible talent development environment. Together, the enhancements allow organizations to act on insights instantly by putting Talent Intelligence right where employees, managers and recruiters need it most.
A SPOTLIGHT ON TALENT MANAGEMENT INNOVATORS
On Tuesday, Taleo World attendees will vote to select the winner of the 2011 Taleo Customer Innovation Award. Throughout the conference, audience members will see video presentations describing how three finalists have creatively and strategically optimized Talent Intelligence to transform their businesses and drive growth. Then they'll use on-site voting technology to select the winner at a special Tuesday luncheon.
PARTNER SOLUTIONS GO MOBILE AND GET SOCIAL
Taleo is also launching a new Taleo World mobile application for the iPhone family, Blackberry, and Android, the features including:
My WorldCal, a calendar within the application with the agenda to enable daily planning; a link to Taleo Partners so attendees can learn how to leverage Taleo products; a QR scanner with geo-targeted restaurants; pertinent hotel and event information; and a Twitter feed integrated with Facebook enabling up to the minute tweets and posts.
More than 55 partner solutions designed to take advantage of the mobile and social networking habits of today's workforce are showcased at Taleo's Pair Fair. Along with 90 other integrated offerings, these solutions all build upon Taleo's Talent Intelligence capabilities. For instance, Taleo World attendees can learn about SHLPrevisor's integrated candidate assessments and DDI's 360 Survey tools -- just two of the rapidly deployable offerings that help companies gain greater insight into candidates and employees to drive performance.
Taleo (NASDAQ: TLEO) helps organizations improve the performance of their business by unlocking the power of their people. Taleo is the only company to provide industry leading solutions in every category of Talent Management. Through its cloud-based platform, Taleo optimizes recruiting, performance management, learning and compensation -- and integrates them all so managers have the insights they need to achieve Talent Intelligence. Customers also plug into Taleo's unique Talent Grid community to harness the power of proven best practices, millions of users, and Taleo-ready partner solutions. From small and medium sized businesses to large enterprises, more than 5,000 organizations rely on Taleo every day to pursue growth, innovation and customer success.
This release contains forward-looking statements, including statements regarding the demand for and benefits from the use of Taleo's solutions. Any forward-looking statements contained in this press release are based upon Taleo's historical performance and its current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent Taleo's expectations as of the date of this press release. Subsequent events may cause these expectations to change, and Taleo disclaims any obligation to update the forward-looking statements in the future. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Further information on potential factors that could affect actual results is included in Part II, Item 1A of Taleo's Quarterly Report on Form 10-Q, as filed with the SEC on August 8, 2011, and in other reports filed by Taleo with the SEC.
i US CEO confidence rebounds as growth and sourcing opportunities emerge, according to PwC's 14th Annual Global CEO Survey, PwC press release, Jan. 25, 2011; http://www.pwc.com/us/en/press-releases/2011/annual-global-ceo-survey.jhtml
ii CDW Uses Talent Intelligence to Grow the Business, Taleo case study; http://www.taleo.com/casestudy/cdw-uses-talent-intelligence-grow-business
iii More than One Billion Mobile Workers Worldwide By the End of 2010, TNW, Feb. 21, 2010; http://thenextweb.com/mobile/2010/02/21/billion-mobile-workers-worldwide-2010/
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