Atkins, VA (PRWEB) May 26, 2006
TEDS®, Inc., originator of the only fully integrated Workforce Effectiveness suite addressing enterprise-wide talent management, today announced that Bersin & Associates’ newest study, “Performance Management 2006: Market Analysis, Trends, Best Practices, and Vendor Profiles,” identifies TEDS as having “one of the most complete ‘workforce effectiveness’ solutions in the market.”
“We believe TEDS is an excellent solution for enterprises looking for an integrated workforce management solution. Some of TEDS strengths include the ability to create and identify talent pools which can greatly assist the process of recruiting, hiring, and development,” said Josh Bersin, president of Bersin & Associates. “In addition to offering an integrated, end-to-end software solution, TEDS has deep experience in consulting and implementation, which makes it a complete solution provider rather than a platform provider.”
TEDS Workforce Effectiveness Suite v 7.5 is a complete end-to-end workforce management system which includes learning and performance management as well as workforce planning, recruiting, and knowledge management. The suite is a seamlessly integrated solution with a centralized data repository which fosters comprehensive planning, execution, and reporting across an enterprise. TEDS’ human capital innovations have been globally deployed since 1992.
Bersin & Associates’ comprehensive study, which took over a year to complete, addresses key strategic and implementation issues related to performance management, related areas such as talent management, learning management and overriding business drivers. The report is based on a quantitative survey of 553 HR and training managers and executives, in-depth interviews with more than 50 representatives from organizations currently using performance management systems, briefings with 21 software and services vendors, and a quantitative survey of 125 HR managers with experience implementing a performance management system.
Emphasis on integration
Joseph F. Ellis, Jr., president and CEO of TEDS, Inc., commended the report’s presentation of major market issues. “Bersin & Associates’ analysis of performance and learning management systems in the broader context of talent management supports our fully integrated approach to workforce effectiveness,” said Ellis. “Since its original rollout 15 years ago, TEDS’ product architecture has been designed to integrate data across systems in order to close gaps in knowledge and performance, and to give customers the flexibility they need by deploying integrated talent management functionalities on their unique timetables. We are glad that the issue of integration is finally being recognized as a major factor.”
The Bersin & Associates’ study highlights TEDS’ offering of roles and competencies, learning and e-learning management, goal management, performance plans and appraisals, development plans, 360 appraisals, an internal job posting system, a resource locator, succession planning, a tuition assistance module, and a system for workforce planning and critical skills gap analysis.
The study covers a wide range of topics, including: the internal drivers of performance management initiatives; the size, maturity, and nature of the performance management systems market; how organizations integrate performance management, succession planning, and learning; implementation realities – including the costs, required staff resources, implementation time, and adoption rates; and subjective and quantifiable returns on investments. For more information about this study and others by Bersin & Associates, visit http://www.bersin.com.
About TEDS, Inc.
TEDS®, Inc. offers the only comprehensive, fully integrated Workforce Effectiveness suite addressing enterprise-wide talent management. Employing one platform, TEDS strategically aligns business objectives with all facets of the talent lifecycle including management of learning, performance, compliance, competencies, recruiting, and succession. Our products and services are deployed at some of the world’s largest organizations and are available individually, in any combination, or as a comprehensive solution. For more information, visit http://www.teds.com or call TEDS Sales at 276.782.7206.
Katherine O. Foreman, Ph.D.
Director of Learning Research and Analysis
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.
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