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 for learning 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.
About Cornerstone OnDemand
Cornerstone OnDemand is a leading global provider of a comprehensive learning and talent management solution delivered as software-as-a-service (SaaS). We enable organizations to meet the challenges they face in empowering their people and maximizing the productivity of their human capital. Our solution consists of five integrated platforms for learning management, enterprise social networking, performance management, succession planning and extended enterprise. Our clients use our solution to develop employees throughout their careers, engage all employees effectively, improve business execution, cultivate future leaders and integrate with their external networks of customers, vendors and distributors. We currently empower more than 5.2 million users across 179 countries and in 25 languages.
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