Analyst Insight – Assessment in Talent and Human Capital Management: A Psychological Science Evaluation

Key Stakeholders:

Chief Human Resource Officers, Chief People Officers, Chief Talent Officer, Chief Technology Officers, Chief Digital Officers, Human Capital Directors and Managers, Human Resource Directors and Managers, Learning and Education Managers, Learning Project Directors and Managers, Organizational Change Directors and Managers, Talent Directors and Managers, Training and Development Directors and Managers, Training Officers.

Why It Matters:

Generational differences and continuous, rapid changes in the workplace, place a heavy burden on talent and human capital management platforms to effectively guide individuals through the full employee lifecycle from hire to retire. One-size-fits-all approaches to recruitment, onboarding, learning and development, succession planning and incentive compensation lead to weak employee engagement, poor job satisfaction and high turnover rates.

Top Takeaway:

Talent assessment blends psychology and data science, and when incorporated into talent and human capital management platforms, offers insights that are actionable and can increase engagement, satisfaction, and retention. Talent assessment is most commonly applied to recruitment and onboarding, and many vendors have developed impressive and effective offerings. However, talent assessment is less commonly applied in learning and development, succession planning and incentive compensation, which represents a missed opportunity.

Relevant Assessment Vendors: AllyO, Hirevue, IBM, Infor, Phenom People, PSI Services, TalentQuest

Relevant Talent and Human Capital Management Vendors: Bamboo HR, Cegid, Ceridian, Cornerstone on Demand, Kronos, Oracle NetSuite, PageUp People, PeopleFluent, Reflektive, Saba, SAP Successfactors, SumTotal, Talentsoft, Ultimate Software, Workday. Continue reading “Analyst Insight – Assessment in Talent and Human Capital Management: A Psychological Science Evaluation”

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On September 11, 2018, FloQast announced multi-book accounting capabilities designed to help organizations to support ASC 606 compliant financial closes by supporting dual reporting on revenue recognition and related expenses. As Amalgam Insights has covered in prior research, ASC 606/IFRS 15 standards for recognizing revenue on subscription services are currently required for all public companies…

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