StepStone Introduces the World's First Research-Based Benchmarking Tool that Coaches HR on How to Build a Successful Talent Strategy

LONDON--(BUSINESS WIRE)--A free, research-based benchmarking tool (www.talentstrategyassessment.com) demystifying talent management for public and private sector organisations wanting a health check in the discipline has been launched today. The tool has been jointly developed by StepStone (OSE: STP.OL)(LSE: STPS.L), the leading provider of human capital management solutions, and Bersin & Associates, an industry research and advisory services company dedicated to enterprise learning and talent management strategies. With this benchmarking tool, HR executives can quickly assess how their organisations’ talent strategies compare to those of other organisations – and pinpoint potential strengths and weaknesses.

“This is the first time an independent research based, assessment tool has been built around talent strategy for use by HR professionals around the world, highly relevant in these challenging economic times. The tool is aimed at developing the most successful talent management strategy possible – one born out of best practise and the right level of governance,” explains StepStone’s Chief Marketing Officer, Jim Cassidy.

StepStone’s interactive tool is available now and covers 19 assessment areas of a comprehensive talent management strategy, including data management, talent processes, communication and alignment with the business. Additionally, the tool also evaluates key areas of recruitment and employee performance such as internal mobility, succession planning, benefits packages and employer branding.

“Whilst the current economic conditions demand transformative business changes in all industry sectors, most companies are woefully behind in their talent strategies. Consequently, organisations make layoff, staff reduction, and other important talent decisions in the dark,” said Josh Bersin, president, Bersin & Associates.

The self diagnosis tool compares a user’s answers against best-practice benchmarks, and provides tiered summary scorecards which identify and analyse organisations’ effectiveness in each area.

This innovative online resource goes beyond the initial personalised scorecard, and allows participants to delve into an in-depth report which provides specific guidance and talent strategy recommendations. It also presents the opportunity to discuss the results further at a Talent Strategy Discovery Session with representatives from StepStone.

About StepStone
StepStone is a leading international provider of human capital management (“HCM”) software and services. Its technology and services helps organisations attract, retain and develop their talent. StepStone was founded in Norway in 1996 and listed on the Oslo Børs (Ticker@ STP.NO) in 2000 and the London Stock Exchange (LSE: STPS.L) in 2008.

StepStone operates some of Europe’s largest talent networks which match employers with potential employees and provides a complete suite of HCM software solutions. Through its extensive talent network in Europe, StepStone has privileged insight into the needs and demands of today’s workforce, allowing the company to develop highly innovative HCM solutions.

StepStone’s comprehensive portfolio of software and services enable organisations to implement efficient HCM processes. These services include; attraction and hiring, post-hire talent management, performance management, compensation management, skills and competency management, career and succession planning, training and development management.

As at Q4 2008 more than 1,600 organisations, including many of the world’s leading businesses, use StepStone software and services. It operates in 16 countries and employs more than 900 people. Its global customers include Aviva, Deloitte, Deutsche Telekom, Lufthansa, McDonald’s, Telefonica, ThyssenKrupp and Volkswagen.

For more information see: www.stepstone.com.

About Bersin & Associates
Bersin & Associates is the only research and advisory firm focused solely on research in enterprise learning and talent management. The company’s WhatWorks® research and research-based services are designed to deliver actionable and practical guidance and to improve operational effectiveness and business impact. Bersin & Associates research members gain access to a comprehensive library of best practices, case studies, benchmarks, and in-depth market analyses designed to assist professionals in making fast and confident decisions. Research areas include planning and strategy, learning programs and delivery, talent management, leadership development, talent acquisition, technology and infrastructure, and measurement and analytics. Member benefits include strategic advisory services, briefings, forums, analyst interaction, and workshops.

For more information see: www.bersin.com

Brands2Life
Catherine Moran or Karla Winch
Tel: +44 (0) 20 7592 1200
Email: stepstone@brands2life.com