Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced a talent management framework designed to help businesses fuel growth by improving their insight into the strengths, weaknesses and potential of their current workforces.
Taleo sees Talent Intelligence as the next era of Talent Management that will give companies an advantage which is otherwise unavailable in the market today by delivering insight on: internal staff, best practice experiences and industry-level benchmarks.
Taleo's Talent Intelligence approach is unique for three reasons. First, Taleo has embedded analytics across the entire product suite, making every talent management interaction smarter. Secondly, the Taleo Cloud based platform automatically gathers information at each stage in the talent process, from recruiting through performance, learning, development and compensation. Taleo has the largest database of applicant information, powering over 200 million talent profiles for our customers. This provides a unique competitive advantage with information on comparative talent analytics around recruiting trends, performance indicators, and job competitiveness.
Finally, the Taleo Talent Grid provides instant access to the world's largest talent management ecosystem including over 4,800 customers, 200 million candidates and 100 partner solutions in 218 countries, so that our customers can interact in meaningful ways to gather necessary information to drive growth.
Taleo's strategy aims to close the "talent intelligence gap" identified by more than 75% of companies who do not have access to the information they need on their people to inform business decisions.
"It's a staggering reality that most companies know more about their laptops and copiers than they do about their people," said Mike Gregoire, Chairman and CEO of Taleo. "That's a woefully outdated strategy. CEOs need to think completely differently about their workforce. It's not just about using new
