Spending Cuts and Staffing Challenges Make Talent Management Even More Critical for Public Sector Organizations
Cornerstone OnDemand white paper shares people management best practices for helping agencies reduce costs, improve productivity and build employee bench strength
SANTA MONICA, Calif., June 23, 2011 – With federal and state government agencies facing major deficits and budget shortfalls, fiscal year 2012 is shaping up to be one of the most difficult budget years on record for public sector organizations. But spending and staffing cuts today don’t have to occur at the expense of tomorrow’s people management needs. A new white paper from Cornerstone OnDemand (NASDAQ: CSOD), “Making the Best of It: Why Tough Times Make Talent Management Essential in the Public Sector,” shares how effective learning and talent management software and strategies can help federal, state and municipal entities reduce costs and improve productivity in the short term while building a strong talent foundation for the future.
“In addition to having to do more with less, public sector employers are challenged with an aging workforce, competing with the private sector for top performers, and filling leadership and talent gaps,” said Miranda Ashby, director of public sector sales for Cornerstone OnDemand. “With effective learning and talent management strategies, organizations can develop their employees to be more productive and engaged and build bench strength for future talent needs.”
Using software to automate key processes forlearning management, performance management, succession planning and more also can provide organizations with better workforce intelligence for more informed planning and decision making, as well as improve efficiencies and mitigate risks inherent in manual, paper-based procedures.
Software-as-a-service (SaaS) solutions in particular are a good option for federal, state and local agencies because they allow for rapid implementations at a much lower cost – and with greater operational efficiencies – than legacy, on-premise ERP systems.
“Because SaaS implementations do not require the same infrastructure as an on-premise system, organizations don’t have the hassle or expense of investing in servers or the people to support them,” commented Ashby. “With SaaS solutions, the vendor handles support, upgrades are seamless and agencies are better positioned to receive immediate benefits.”
To learn more about public sector talent management best practices and read a case study highlighting State of Nebraska’s investment in a SaaS solution to support its integrated learning and talent management strategy, download the white paper at http://www.cornerstoneondemand.com/landing/ST/StateandLocal/Landing_page/LandingPage_Layout_vB.php.
For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com. To follow Cornerstone OnDemand on Twitter, go to http://twitter.com/cornerstoneinc. To read Cornerstone OnDemand’s talent management blog, visit http://www.cornerstoneondemand.com/blog.
Cornerstone was founded with a passion for empowering people through learning and a conviction that people should be your organisation’s greatest competitive advantage.
Cornerstone is a global human capital management leader with a core belief that companies thrive when they help their employees to realize their potential. Putting this belief into practice, Cornerstone offers solutions to help companies strategically manage and continuously develop their talent throughout the entire employee lifecycle.
Featuring comprehensive recruiting, personalised learning, development-driven performance management, and holistic HR planning, Cornerstone’s human capital management platform is successfully used by more than 3,500 global clients of all sizes, spanning more than 42 million users across 192 countries and 43 languages.
Learn more at cornerstoneondemand.co.uk.