Kenexa Product Demo - HR Tech Europe 2013
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Transcript of Kenexa Product Demo - HR Tech Europe 2013
© 2013 Kenexa Corporation1
Work Reinvented
October 2013
© 2013 Kenexa Corporation2
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.
“
”
© 2013 Kenexa Corporation3
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
© 2013 Kenexa Corporation4
So, what’s driving this change in work?
© 2013 Kenexa Corporation5
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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© 2013 Kenexa Corporation6
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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© 2013 Kenexa Corporation7
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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© 2013 Kenexa Corporation8
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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© 2013 Kenexa Corporation9
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
© 2013 Kenexa Corporation10
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.
© 2013 Kenexa Corporation11
SolutionsA portfolio of solutions with products and services around the employee lifecycle.
© 2013 Kenexa Corporation12
The Smarter Workforce
© 2013 Kenexa Corporation13
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?
© 2013 Kenexa Corporation14
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?
© 2013 Kenexa Corporation15
Talent AcquisitionAttract the right candidates to the right roles through precision and science, and using social tools to make them productive more quickly
© 2013 Kenexa Corporation16
Talent Leadership & EngagementConnect the power of a highly engaged and fully enabled workforce with leaders aligned with critical roles to optimize organizational performance
© 2013 Kenexa Corporation17
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
© 2013 Kenexa Corporation18
1
2
3
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
© 2013 Kenexa Corporation1919
Role Based
Personalized
Secure
Dynamic
Self Service
Exceptional Employee Experience
© 2013 Kenexa Corporation20
Client Examples
© 2013 Kenexa Corporation21
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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
© 2013 Kenexa Corporation22
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
© 2013 Kenexa Corporation23
Thank you