Archive for the ‘News and Events’ Category
A recent post by KnowledgeAdvisors partner ESI International’s J. LeRoy Ward can be found at:
http://www.reliableplant.com/Read/23335/Buyin-at-heart-of-training
This is a great article that supports the role of pre-learning assessments and their impact on buy-in. Benchmarking is presented as a key part of the validation process enabling HR professionals to demonstrate overall improvement results and ROI once learning programs are complete.
Chicago, Ill., February 21, 2010 (SEND2PRESS NEWSWIRE) — KnowledgeAdvisors, the world’s largest provider of learning and talent measurement solutions, today announced it has added SkillSoft’s (NASDAQ:SKIL) SkillPort® Learning Management System to their very successful system interoperability program. In addition, support of GeoLearning’s GeoMaestro 5 Series LMS Suite has been added. The program allows companies with investments in learning management systems, such as SkillSoft’s SkillPort®, GeoLearning’s GeoMaestro® and others, and other enterprise business applications to extend their measurement programs with data gathering automation, analytics reports, benchmarks, and testing. Contined
Chicago, IL [December 7, 2009] (SEND2PRESS NEWSWIRE) — KnowledgeAdvisors, the world’s largest provider of learning and talent measurement solutions, today announced it has released a new benchmark research report analyzing employee competency rating patterns. The research utilized KnowledgeAdvisors Metrics that Matter® analytics tool and its Talent and Performance Measurement Multi-Rater capability to easily create the rater network, distribute the competency instruments, and report the data.
Among the key findings were that Ethics and Integrity was the highest rated competency which is consistent with the belief that this is a socially desirable trait. The lowest rated competency of a participant’s rater network was Coaching and Mentoring. This is important because a critical trait of an excellent leader is coaching and mentoring and the research shows a lack of confidence in this capability. Further, the largest gap between the participant and his or her rater network was in the area of Workforce Management. This is the ability to accurately forecast future staffing needs and deploy resources in such a way as to maximize productivity. These skills are essential in managerial positions and indicate a significant gap between what an individual believes his or her competency is in this area relative to the expectations of others for this individual. If anything, greater emphasis on training for this gap is needed in the general workplace.
Other important research findings included large differences between a participant’s self ratings and the rater network in Delegation and in Performance Management. Like Workforce Management, the gaps identify learning opportunities or opportunities to recruit new staff with expertise in these areas to fill the void.
“This research is of importance because it can shape talent development strategy in a data driven manner. Of course it is best to measure these competencies organization by organization and then benchmark against this dataset for the greatest creative insights,” stated Kent Barnett, CEO of KnowledgeAdvisors.
The use of tools like multi-rater assessments (otherwise known as 360s) is applicable not only in competency management and performance management but also in learning and development, recruiting and selection, and succession planning. Many organizations feel the 360 process is administratively burdensome. However, with technology containing embedded 360 process capability, the resources required for administration can be significantly reduced. Probably the most laborious task is participant and managerial reporting. With proper technology, like the Metrics that Matter tool, used to conduct this research, a detailed report is automatically generated and sent to each participant. This automated process saves considerable time and cost while providing timely and actionable data to the participant and his or her manager regarding blind spots and hidden strengths.
Organizations interested in further details about this research can access the complimentary white paper found at: http://www.knowledgeadvisors.com/media-research/white-papers/research-paper-benchmark-trends/
About KnowledgeAdvisors
KnowledgeAdvisors is the world’s largest provider of learning and talent measurement solutions. Leading organizations access its measurement expertise and on-demand software to ensure a high-performing workforce. As a thought leader in Human Capital Analytics, KnowledgeAdvisors provides the most comprehensive analytics solutions in the market. By combining measurement expertise, on-demand evaluation software, and integrated analytics solutions with benchmarking, organizations gain the necessary insights on how to best develop their workforce. For more about KnowledgeAdvisors, visit: www.knowledgeadvisors.com
For inquiries related to this news release, contact:
Eric Bush, Director of Marketing
312-676-4416
ebush@knowledgeadvisors.com
CHICAGO, Ill., Nov. 16, 2009 (SEND2PRESS NEWSWIRE) — KnowledgeAdvisors, the world’s largest provider of learning and talent measurement solutions, today announced the 8th Annual Symposium with the theme Optimizing the Performance of People. The Symposium will be the premier event in 2010 bringing together organizations striving to develop world-class workforces through effective measurement and industry leaders in learning and talent measurement.
If you or your organizations are trying to answer these questions, the March 2010 Symposium will be a key event for you.
- Do you want to improve L&D and talent measurement acumen?
- Do you want to use data for better decision-making?
- Do you need to make smart decisions for successful learning and talent outcomes?
- Do you need sound business metrics to create a high performing workforce?
- John W. Boudreau, Ph.D. from the University of Southern California’s Marshall School of Business and Center for Effective Organizations with the topic Beyond HR – A Business Approach to Building Human Capital.
- Marilyn Figlar to present Lockheed Martin’s approach to Talent Measurement.
- Thomas R. Simon, Vice-President and Chief Learning Officer at CNA Insurance presenting Building a Learning Measurement Dashboard.
- Josh Bersin of Bersin & Associates with an Industry Update on Measurement w/Case Examples.
- Tamar Elkeles on Optimizing the Performance of People at Qualcomm.
- Joseph Hillery from the Office of Personnel Management on Using Governmentwide Employee Surveys to Produce Meaningful Organizational Change.
- KnowledgeAdvisors Solutions Track featuring the world’s leading human capital analytics application Metrics that Matter®
- Expert Series Track to feature industry leaders Lance Dublin, Dublin Consulting, Jack J. Phillips, Ph.D., ROI Institute, Robert O. Brinkerhoff, Ph.D., Western Michigan University, and, Jac Fitz-enz, Ph.D., the father of Human Capital Benchmarking.
- Government Track to feature agencies such as the Office of Personnel Management, Government Printing Office, the Department of Health and Human Services and the Centers for Medicare & Medicaid Services discussing their challenges to develop the government’s workforce.
- Practitioner Track to feature some of the world’s leading organizations such as Cincinnati Children’s Hospital, Steelcase, Cisco Systems.
- Vendor Track to bring together some solution providers helping organizations implement their measurement strategies. This includes: AchieveGlobal, Dublin & Associates, ESI, GeoLearning, i4cp, Learning Guide, and New Horizons.
The 8th Annual Symposium from KnowledgeAdvisors will be held at the Gaylord National Resort and Convention Center, National Harbor, MD on March 3-5, 2010. The speakers, breakout sessions, networking and sponsors are being assembled to address these questions and help organizations answer and address these high value questions. Registrations are now being accepted with Early Bird pricing available through December 31, 2009.
The Symposium content will feature Keynote addresses by:
These high impact keynote addresses combine practitioner views, industry analysts, government practices, and leading edge research.
Breakout sessions, networking and vendor solutions are also key elements to this highly successful forum presented by KnowledgeAdvisors. Five tracks will be featured at this year’s event:
To register for the 8th Annual Symposium please click here:
http://www.knowledgeadvisors.com/events/symposium/
About KnowledgeAdvisors:
KnowledgeAdvisors is the world’s largest provider of learning and talent measurement solutions. Leading organizations access its measurement expertise and on-demand software to ensure a high-performing workforce. As the leader in Human Capital Analytics, KnowledgeAdvisors provides the most comprehensive analytics solutions on the market. By combining measurement expertise, on-demand evaluation software, and integrated analytics solutions with benchmarking, organizations gain the necessary insights on how to best develop their workforce.
### MEDIA CONTACT:
Eric Bush
Director, Marketing
+1 312-676-4434
marketing@knowledgeadvisors.com
CHICAGO, Ill., Oct. 26 (SEND2PRESS NEWSWIRE) — KnowledgeAdvisors, the world’s largest provider of learning and talent measurement solutions, today announced it has released a methodology and toolset to measure human capital effectiveness known as the Performance Optimization Framework. The Performance Optimization Framework is grounded in Six Sigma and is designed to help organizations improve the effectiveness of their talent development process. The central outcome of the Framework is to identify and minimize poor quality hires, ineffective training, unqualified personnel, ineffective leaders, disengaged employees, and under performing workforces resulting in improved financial performance.
By providing measurement expertise, on-demand technology, and outsourced services, KnowledgeAdvisors collaborates with clients to define, measure, analyze, improve and control the talent management function. Effective implementation of this Framework results in higher sales, better customer service, a more productive workforce, improved profit margins and stronger leaders.
“Six Sigma has traditionally been applied to efficiencies in HR like time to hire for an open position, but we’re looking at it from an effectiveness perspective such as reducing poor quality of hires. That’s significantly more valuable to measure to a CEO,” commented Kent Barnett, CEO of KnowledgeAdvisors.
“One can’t underestimate the power of tools like these to the human resources arena,” stated Dr. Jac Fitz-Enz, KnowledgeAdvisors Board member, CEO of Human Capital Source, and a pioneer in human capital research and analytics. “Tools that define, measure and quantify defects in HR will allow HR professionals to make significant leaps in creating and sustaining high performing workforces.”
The Performance Optimization Framework tools measure the existence and intensity of performance defects in human capital processes including recruiting, learning, talent, leadership, engagement and performance management. These defects, once quantified, are then prioritized for improvement and controlled for sustainable change.
“KnowledgeAdvisors is taking a leadership position in helping HR leaders run their function like a business. The act of quantifying errors and optimizing processes should be a natural part of any line function and will add much needed rigor and discipline to HR,” commented David Vance, former CLO of Caterpillar and a CLO of the Year award winner.
“We’re excited to be on the leading edge of making significant performance gains to talent management processes,” commented Barnett.
For a complimentary copy of a white paper on the Performance Optimization Framework please click here:
Whitepaper Request.
About KnowledgeAdvisors:
KnowledgeAdvisors is the world’s largest provider of learning and talent measurement solutions. Leading organizations access its measurement expertise and on-demand software to ensure a high-performing workforce. As the leader in Human Capital Analytics, KnowledgeAdvisors provides the most comprehensive analytics solutions on the market. By combining measurement expertise, on-demand evaluation software, and integrated analytics solutions with benchmarking, organizations gain the necessary insights on how to best develop their workforce.
CHICAGO, Ill., Oct. 26 (SEND2PRESS NEWSWIRE) — KnowledgeAdvisors, the world’s largest provider of learning and talent measurement solutions, today announced it has released V11.2 of its proprietary analytics software, Metrics that Matter®. Metrics that Matter® is an on-demand, SaaS (Software as a Service) Human Capital Analytics system that allows you to cost-effectively measure and increase the impact of your human capital processes from recruiting to leadership development. It is recognized as a standard in corporate, public sector, and commercial human capital practices.
The V11.2 release highlights include:
Project Assessment: This is an ideal measurement tool for organizations with formal project management offices or for large scale strategic projects like technology implementations or consulting projects.
As a new measurement module within Metrics that Matter® this toolset allows project managers to efficiently and effectively evaluate projects. The self-sufficient administration, data collection and reporting modules yield robust, data-driven metrics such as project team member competency ratings, project process ratings, and project outcome ratings.
Upload and Import of Actual Business Results: This feature when combined with other integration outlets within Metrics that Matter® offers a practical and scalable way to track talent functions alongside business results. It is a user friendly interface for a single click upload of files with results such as sales, error rates, cycle time, satisfaction, and productivity data. This data can then be correlated to a human capital indicator like learning or engagement and plotted on concise, graphical dashboards.
Talent Development Summary Analysis Reports: This is an incredible time saver to practitioners when doing period end executive reporting! The report is auto generated and summarizes multiple views on talent development operations from activity and demographic profiles to impact and results. The narrative text provides rich analysis but can easily be edited to meet the needs of the intended audience.
Enhanced Multi-Rater Analysis Reports: Metrics that Matter® multi-rater capability is easy and powerful to use for competency assessment and performance management. This new report instantaneously compiles data from managers, peers, subordinates and the participant into a resource for performance improvement highlighting an employee’s blind spot improvement areas and hidden strength areas to accentuate. The multi-rater process when used with this generated report significantly reduces administrative burden involved in preparing reports unique to each individual employee.
“We’ve worked very hard to meet the needs of the market with this release. All of these enhancements are customer and market driven,” stated Kent Barnett, CEO of KnowledgeAdvisors.
“When you look at the millions of dollars spent on managing learning and talent transactional processes, Metrics that Matter with its robust benchmarks, integration capability, world-class evaluation technology, testing/assessment tools, multi-rater tools and now a project measurement tool, for a rounding error in the budget, the measurement capability is an easy business case for any human capital manager,” stated Barnett.
About KnowledgeAdvisors:
KnowledgeAdvisors is the world’s largest provider of learning and talent measurement solutions. Leading organizations access its measurement expertise and on-demand software to ensure a high-performing workforce. As the leader in Human Capital Analytics, KnowledgeAdvisors provides the most comprehensive analytics solutions on the market. By combining measurement expertise, on-demand evaluation software, and integrated analytics solutions with benchmarking, organizations gain the necessary insights on how to best develop their workforce.
