Title: Talent2 Inside
1 TalentManager Delivering workforce
excellence through employee-centric HR
TalentManager Delivering workforce
excellence through employee-centric HR
TalentManager Delivering workforce
excellence through employee-centric HR
2Agenda
- Welcome
- Keynote, Trends In Human Resources,
- Product Tour, Scott Francis
- Closing remarks
- Questions
- Drinks Canapés
3Employee-Centric HR
Back Office Access
Full Company Access
4We make forms fly
5Trends in Human Resources
November 2005
6People are important to business
Take our twenty best people away and I can tell
you that Microsoft would become an unimportant
company. - Bill Gates
7 Labour-force growth is slowing
Compound Annual Labour-Force Growth, Per Decade
3.0
2.6
2.5
2.0
1.7
1.6
1.5
1.2
1.1
1.0
0.8
0.4
0.5
0.3
0.2
0.2
0.2
0.0
1950s
1960s
1970s
1980s
1990s
2000s
2010s
2020s
2030s
2040s
2050s
(Population 16-65)
Data Watson Wyatt Worldwide
8 Unemployment is falling
Forecast
Full Employment defined as lt 5
Source ABS
9 Employee loyalty is declining
- 1/3 in jobs less than 2 years
- 2/3 in jobs less than 5 years
- 1/2 employed on Interim or Contract basis
- 3.5 years average
Source US Department of Labor (BLS) Employee
Tenure Surveys, 1995-2000
101. Know your workforce
"The ability to make good decisions regarding
people represents one of the last reliable
sources of competitive advantage . very few
organisations are very good at it" Peter
Drucker
11 Human capital management impacts financials
Greater Shareholder Returns Organisations with
effective human capital practices provide returns
to shareholders three times greater than
companies with weak human capital practices
Increasing Revenue Organisations with effective
HCM produce 35 higher revenues per employee
Impacting MA Pricing Human capital is
increasingly a factor in MA pricing
Early Financial Indicator Human capital
indicators provide early warning that the company
may experience difficulties meeting its financial
goals, e.g. high turnover raises a red flag from
a risk perspective
122. Empower your workforce
Ultimately, an empowered workforce doesnt cost
it pays by strengthening an organization and
its bottom line." The Human Capital Edge
Pfau and Kay
13Engaged employees are more productive
- Key goal to improve performance through
engagement - Motivation discretionary effort
- Critical for sales, service, innovation
- Harvard research (Sears Roebuck, 1994)
Employee Satisfaction Up 4
Customer Satisfaction Up 7
Revenue Up 200m
143. Be cost effective
- Keep it simple
- Leverage technology
- Educate and empower line management
- Outsource non-core processes
- Measure impact
15Trends in Human Resources
- The modern workforce is changing
- Fewer people
- Less loyalty
- Cost effective talent management helps culture
and performance - The future belongs to organisation with good
talent management
16 TalentManager Delivering workforce
excellence through employee-centric HR
TalentManager Delivering workforce
excellence through employee-centric HR
TalentManager Delivering workforce
excellence through employee-centric HR
17TalentManager is
- Employee Self Service
- Organisation management
- Recruitment
- Employment
- Health Safety
- Time Attendance
- Talent management
- Training management
- Assessment builder
- Remuneration management
- Business intelligence
- Document Control
18TalentManager will
- Eliminate paper based requests, approvals
transaction bottle necks - Reduce payroll related enquiries
- Streamline HR process across all departments
- Manage monitor improve the effectiveness of HR
strategies - Align employees with corporate strategy
- Engage employees improving productivity,
innovation, creativity - Reduce TCO for information systems
- Compliance- SOX, WorkCover, QA
19 Scott Francis TalentManager Product tour
20Business Benefits
- Reduce risk
- Reduce costs
- Best practice
- Workforce excellence
- Strategic direction
21 TalentManager Delivering workforce
excellence through employee-centric HR
TalentManager Delivering workforce
excellence through employee-centric HR
Questions
22 TalentManager Delivering workforce
excellence through employee-centric HR
TalentManager Delivering workforce
excellence through employee-centric HR
TalentManager Delivering workforce
excellence through employee-centric HR