Bersin's comprehensive report recognizes Plateau for leadership in the areas where we've sought to differentiate ourselves – integration, customer satisfaction and global services
ARLINGTON, Va. (PRWEB) October 16, 2008
In the Essentials of Performance Management Practices: Part 1, Bersin & Associates provides insight into existing employee performance management practices, and highlights best practices for implementation in corporate settings. Part 1 also highlights the business impact of employee performance management solutions, noting that more than 85 percent of the organizations Bersin & Associates included in its study had achieved positive business impact from their deployments.
The Essentials of Performance Management Practices: Part 2, represents Bersin & Associate's comprehensive guide to the employee performance management systems market, examining implementation and adoption trends and evaluating performance management solution providers. Part 2 also looks at rapidly growing market for employee performance management solutions, noting that it is the fastest growing segment in the human capital management market and will reach $520 million by the end of 2008.
In Part 2, Bersin & Associates recognized Plateau as one of just two vendors that offer strong integration support in the key talent management areas of "Pay for Performance" and "Integrated Performance and Learning." For this study, Bersin & Associates evaluated Plateau's most recent product release, Plateau Talent Management 5.8 (SP5), which delivers powerful and flexible talent planning capabilities, real-time visibility into talent management operations and enhanced interactive reporting capabilities. Following their evaluation, Bersin & Associates named Plateau as a market leader, noting that Plateau is differentiated by offering "sophisticated learning and development processes deeply integrated with other core talent management processes such as performance management, career management and succession management," industry leading customer satisfaction and comprehensive global services.
Bersin & Associate's analysis went on to note:
"Over the last four years, Plateau has successfully expanded their product offering and market position beyond its learning management core to support performance management, career and succession management, and compensation management. Because all of Plateau's talent management modules, including performance, can be deployed individually or as an integrated solution, Plateau's current and prospective customers can expand their investments as they need to." "For years, learning and development teams within organizations have tried to direct training resources and measure the development outcomes to most important business needs without any formal link into the performance planning and review process. With Plateau's integrated solution, customers align individual and organizational development planning directly to the goals and competency requirements of the organization. Plateau's experience and strength in this area shines through in both customer adoption metrics and industry evaluations." "[Plateau 5.8 (SP5)] has many new features which significantly impacted our overall evaluation. Powerful enhancements include a comprehensive talent profile used across all talent modules and designed for end users contribution. In addition, the new release includes deep support for talent pool management including bench strength analysis and a talent profile comparison feature. We also found the career management functionality, which has been in the product for several releases, significantly enhanced by incorporating the employee's talent profile." "Bersin's comprehensive report recognizes Plateau for leadership in the areas where we've sought to differentiate ourselves – integration, customer satisfaction and global services," said Paul Sparta, Chairman and CEO of Plateau Systems. "In this rapidly growing market, users are seeking solutions that integrate learning and development activities with talent management initiatives. We remain strongly committed to this integration and believe it provides the most tangible business results for our customers."
Plateau is a leading provider of talent management software, content and services designed to increase workforce productivity and drive business success. Plateau's award-winning software is powering talent management initiatives across some of the world's most successful organizations, including the American Red Cross, General Electric, the Internal Revenue Service, Capital One Services and the National Aeronautics and Space Administration (NASA). Industry analysts at Bersin & Associates, Forrester Research and other leading information and technology research and advisory firms continue to recognize Plateau's leadership in delivering best-in-class functionality, technology and customer satisfaction. Plateau is headquartered in Arlington, Virginia and has offices across the United States, Europe and Asia Pacific. For more information, please visit http://www.Plateau.com.