DUBLIN, CA, Jul 06 (MARKET WIRE) --
Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand
talent management solutions, today announced that North Shore-Long Island
Jewish Health System (North Shore-LIJ) has successfully deployed Taleo
Performance(TM) as part of an organization-wide initiative to tie talent
management strategies to business performance. North Shore-LIJ's 38,000
employees are committed to providing the highest quality care to the
patients and communities they serve.
At North Shore-LIJ, talent management is defined as having the right
people in the right place, with the right results. The organization
decided to move from a manual process for performance management to help
them better identify high potentials, create a leadership roadmap and
link metrics to company and individual performance. A Taleo
Recruiting(TM) customer since 2006, the company selected Taleo
Performance for goals management, performance management and succession
planning, creating a unified talent management platform that allows the
organization to have a more holistic view of its workforce and long-term
talent management needs.
Since going live, North Shore-LIJ has realized the following benefits:
-- Better employee engagement, through better goal management,
performance reviews and other talent management practices, has lead to
better patient satisfaction.
-- A focus on patient experience, quality, and productivity has
improved patient care.
-- Turnover in certain fields, such as registered nurses, has decreased
from 65% to less than 20% due to better hiring, development and performance
practices.
-- Having an efficient and comprehensive talent management approach has
helped the organization achieve a $25M improvement in operating margin.
"We realized that our workforce is our top competitive advantage,
especially in this economy," said Joseph Cabral, Chief HR Officer with
North Shore-LIJ. "We also realized that our talent management processes
need to be system-wide, cohesive and undiluted and that a
one-size-fits-all approach doesn't work. Taleo Performance has allowed us
to create processes and procedures specific to our organization to help
us achieve our overall business goals."
About Taleo
Taleo (NASDAQ: TLEO) is the leader in on-demand unified talent management
solutions that empower organizations of all sizes to assess, acquire,
develop and align their workforces for improved business performance. More
than 4,000 organizations use Taleo for talent acquisition and performance
management, including 48 of the Fortune 100 and over 3,400 small and
medium sized businesses across 200 countries and territories. Known for
its strong configurability and usability, Taleo runs on a world-class
infrastructure and offers 99.9% availability. Taleo's Talent Grid
harnesses the resources of the Taleo community of customers, candidates,
and partners to power the talent needs of companies around the world.
Forward-looking Statements
This release contains forward-looking statements, including statements
regarding the demand for Taleo's solutions and results from use of Taleo's
solutions. Any forward-looking statements contained in this press release
are based upon Taleo's historical performance and its current plans,
estimates and expectations and are not a representation that such plans,
estimates, or expectations will be achieved. These forward-looking
statements represent Taleo's expectations as of the date of this press
announcement. Subsequent events may cause these expectations to change,
and Taleo disclaims any obligation to update the forward-looking
statements in the future. These forward-looking statements are subject to
known and unknown risks and uncertainties that may cause actual results
to differ materially. Further information on potential factors that could
affect actual results is included in Part II, Item 1A of Taleo's
Quarterly Report on Form 10-Q, as filed with the SEC on May 11, 2009, and
in other reports filed by Taleo with the SEC.
Media Contact:
Jaime Spuhler
904-520-6251
jspuhler@taleo.com
Copyright 2009, Market Wire, All rights reserved.
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