Kenexa Product Demo - HR Tech Europe 2013

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© 2013 Kenexa Corporation 1 Work Reinvented October 2013

Transcript of Kenexa Product Demo - HR Tech Europe 2013

Page 1: Kenexa Product Demo - HR Tech Europe 2013

© 2013 Kenexa Corporation1

Work Reinvented

October 2013

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Thomas Watson, Jr. Former CEO of IBM

I believe the real difference between success and failure in a corporation can very often be traced to the question of how well the organization brings out the great energies and talents of its people.

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The problems with work today

• Can’t find the perfect job or in some cases, any job

• Don’t understand the skills they have or need

• Take jobs they aren’t ideally suited for

• Plateau at their jobs when they have more to give

• Are not engaged enough to bring out their full potential

Employee challenges

• Can’t often fill specific positions

• Don’t often create the best working environments

• Struggle to provide mechanisms for effective performance

• Struggle to retain talent especially their best talent

• Don’t know how to get the best from their people

Employer challenges

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So, what’s driving this change in work?

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1. The rise of social in the workplaceWe are connecting with each other more quickly than ever before, and we’re doing it in new ways.

Productivity increase25%

Source: McKinsey Global Institute, July 2012 - "The Social Economy: Unlocking Value and Productivity Through Social Technologies."

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2. The rise of big data and analytics

Decisions once made based on limited information and gut feelings are now being made based on insights extracted from the exabytes of information that people and employers publish every day.

See it as a competitive advantage

63%Source: IBM Institute for Business Value, October 2012 - “Analytics: The real-world use of big data, How innovative enterprises extract value from uncertain data”

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3. The rise of mobile technology

Now, with almost 75% of the world’s population with a mobile device4, that information is not only accessible, but available at your fingertips.

Have a mobile device today75%

Source: Mashable study, July 2012 – “75% of World Has Access to Mobile Phones”

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4. The rise of the independent worker

More people are striking out on their own and as human capital becomes the leading source of sustained economic value, employers are looking for better ways to partner with independent and non-traditional workers.

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Consider themselves not, white or blue collar but no collar employees30%

Source: Deloitte, 2012 – “Brawn from Brains: Talent, Policy and the Future of American Competitiveness”

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Therefore, if we could harness the power of big data and analytics with human insight, human behavior

and workforce solutions, along with social and mobile technologies, we could bring people and employers

together to do more meaningful and valuable work to drive business.

We call it Smarter Workforce

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How We DifferentiateIBM and Kenexa jointly set us apart in the industry – the only team with social, analytics, behavioral science and services to impact business processes.

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SolutionsA portfolio of solutions with products and services around the employee lifecycle.

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The Smarter Workforce

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What you care aboutHow can I attract and

hire more people just like my top performers?

How do I foster knowledge sharing and

collaboration to drive more innovation?

How do I develop the next generation of leaders for a

more global, flexible, and diverse workforce?

How can I rapidly develop, deploy and optimize skills and capabilities to match

emerging opportunities?

How do I know if I’m recognizing and rewarding

my employees optimally?

How can I predict what different segments of my

employees need and what actions to take to optimize business

outcomes?

How do I find real-time, hidden, game-changing insights from data available inside

and outside my organization?

How can I bring people into the organization so they’re productive from Day

1?

How do I gain continuous insight

into what my employees think of the

organization?

How do I know salary planning is aligned with our business strategy?

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The right solutions to meet your needsHow can I attract and

hire more people just like my top performers?

How do I foster knowledge sharing and

collaboration to drive more innovation?

How do I develop the next generation of leaders for a

more global, flexible, and diverse workforce?

How can I rapidly develop, deploy and optimize skills and capabilities to match

emerging opportunities?

How do I know if I’m recognizing and rewarding

my employees optimally?

How can I predict what different segments of my

employees need and what actions to take to optimize business

outcomes?

How do I find real-time, hidden, game-changing insights from data available inside

and outside my organization?

How can I bring people into the organization so they’re productive from Day

1?

How do I gain continuous insight

into what my employees think of the

organization?

How do I know salary planning is aligned with our business strategy?

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Talent AcquisitionAttract the right candidates to the right roles through precision and science, and using social tools to make them productive more quickly

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Talent Leadership & EngagementConnect the power of a highly engaged and fully enabled workforce with leaders aligned with critical roles to optimize organizational performance

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Talent OptimizationRapidly develop, deploy, and optimize workforce skills and capabilities while capitalizing on an interconnected, social, and collaborative workforce

ENGAGE

COLLABORATE

GROW LEARN

DEVELOP

BE RECOGNIZED

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Descriptive (by product)

Integrated Reporting / Incremental Predictive

Advanced Analytics

Talent AnalyticsTransform the way decisions are made through descriptive, predictive, and prescriptive analytics – enabling data-driven insights

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Role Based

Personalized

Secure

Dynamic

Self Service

Exceptional Employee Experience

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Client Examples

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Attract the right people for the right job

1.2% increase in profit per customer yields millions in net income

AMC's “fit” strategy matched the right people to the right jobs, resulting in 11 percent lower employee turnover rates

AMC hired the right sales people to work theater concession stands, generating millions of dollars of incremental income

Attract the right people through human insights and analytics to help ensure the right fit, the first time

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Corporate Objective :Move from 4th position in market to 1st

How Identify top 10% of performers, source, replicate and retain them

Phase 1 – Identify & SourceCollated 5 years of new hire data28,000 data records in various sources50 questions e.g. Education, location, skillsInternal data on top, average and low performersTop 3 key questions

30% increase in predicting top talent

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Thank you