Copyright © 2016 HR Tech Outlook, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.MARCH - APRIL - 2016Mailing AddressValley Media Inc.44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:+1 (510) 509-1655 HR TECH OUTLOOKMarch - April 2016, Volume 02, Issue 03 Published monthly by Valley Media Inc. To subscribe to HR Tech OutlookVisit www.hrtechoutlook.com Editor-in-Chief Hanna WilsonEditorial StaffSalesEric Young Gerard HallHelen MartinJoe TaylorJudy ChristinSandra ClarkVisualizersShanell JonesAbigail Jonesabigail@hrtechoutlook.comT:+1 (510) 509-1721Irrespective of the industries or the market, workforce has always been, and will be, the lethal weapon that an enterprise can leverage to fuel their competitive edge. This is the main reason why acquiring, nurturing and retaining talented workforce has always been in the top list of corporate leaders. However, in an era with more millennial workforce--who have different expectations about their tenure--companies are realizing that traditional ways of employee engagement is not enough for the retention. Talent management has traditionally been a complicated task, limited to the capacities of the HR department. The annual reports from performance review managers carried only suggestions based on minimal information. This will not breed results in the competitive environment today, as unlike in the past, employees are looking for jobs that will foster their career growth while fitting in with different aspects of their lives. In this scenario, there's only one thing that can help companies retain the talents, track their progress and align their interests with that of business goals--technology.Many companies like Cornerstone OnDemand [NASDAQ: CSOD], PeopleAdmin and CoreHR are redefining the traditional methods of talent management through an efficient blend of technology and support. The talent management solutions from these companies--along with several innovative others--are enabling new age enterprises to leverage strategic human resource planning and improve business value. These tools are helping organizations recruit, retain, develop, reward and make workforce perform in alignment to the business strategy.As the number of innovations in the talent management and HR software grow, we will see unique products that combine numerous capabilities within one platform. These softwares will make it easier for employers to gather and manage data and analytics, keep up with changing regulations and compliance issues, and provide adequate training and development for employees.On that note, this edition of HR Tech Outlook blends interesting insights from leaders in the talent management space with a selected list of vendors. Hope this edition will help you redefine your talent management strategies.Do let us know what you think,Rejuvenating the Biggest Enterprise AssetHanna WilsonEditor-in-Chiefeditor@hrtechoutlook.comEditor's Note
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