PeopleStreme, provider of Human Capital software solutions has reported year on year revenue growth of 30% to 31st December 2009. By comparison, growth in the human capital management sector was reported at between 3-5% by leading vendors in the US.

Lyle Potgieter CEO of PeopleStreme cited several factors for the growth primarily the appetite for Performance Management, Talent Management and Employee Engagement. “Organisations have got two problems, the first being getting their people productive, the second looking after their top talent. Both needs require systems and know how and industrial age paper shuffling systems don’t cut it anymore."

Peter Vlant, COO of PeopleStreme commented “The future of work has changed, employee engagement does not happen by command and control any more. Post the Global Financial Crisis, employees need more clarity under pressure of higher expectations from their employer. They want to know exactly what their objectives are, what their role is and how they can help the organisation. They want to know what their future will look like if they really go out of their way to deliver high performance”. This is driving demand for Performance and Talent Management systems.

For more information and videos on Talent and Performance Management please visit : http://www.youtube.com/watch?v=kzCQ219bxl8

When discussing Employee Engagement with managers we are often asked "Yes, but what is the link between employee engagement scores and business outcomes?". This Whitepaper discusses these links and suggests some practical ways to build these linkages between the HR department and management teams and ways of putting these links into action. To read or download the whitepaper, please click here.