PeopleStreme Human Capital Blog Latest News and Research in Performance, Talent Management and Engagement

PeopleStreme has boosted sales by 42% in the last twelve months compared to the year before. Sales increased by 100% in the month of June alone. Improved profitability has been applied to doubling the number of software developers and adding more consulting, sales and services staff.

PeopleStreme has recorded further record growth with a 40% increase in revenue for the October to December quarter of 2011. In addition, PeopleStreme has released new versions of software in just about every category of its integrated Human Capital Management suite. The full press release can be read at the following link http://www.prweb.com/releases/2012/2/prweb9177680.htm

PeopleStreme has released a hologram concept video using iPhone and iPad for Human Capital Management. To view the video please click here. The video stars Lara Deam and was storyboarded by PeopleStreme. It was produced by Reach Productions with music by Levitation entitled "Out of Time".  

PeopleStreme has posted a 53% rise in sales revenue compared to the previous six months. "The outlook is accelerating." said CEO, Lyle Potgieter. Potgieter responded to the result by doubling the size of PeopleStreme's new business development and account management teams. Australia's uptake of Human Capital Management systems is accelerating because early adopters are achieving significant results from their online performance management, talent management, elearning and erecruitment systems.

In Las Vegas last week, PeopleStreme received the TekTonic award for Workforce Planning at the HRO Today Forum. Conference organisers SharedXpertise said "Peoplestreme’s tool budgets and plans the way in which executives think.  The latest revision allows forecasting by alternate business strategy and alternate scenarios under different sets of gap analyses and human capital risk assessments." When organisations contract, it is usually the most expensive employees who are managed out. The PeopleStreme Workforce Planning tool is online software which drives the bottom up approach to managing key people in the workforce, mediated by the amount of money they are costing their organisation. Rather than just looking at cost or just looking at the capabilities needed for a new role, PeopleStreme's software allows workforce planners to create multiple scanarios and models, balancing both budgetary expenditure and human capital capability. Experienced CEO's understand that losing their most talented and often most expensive people can have a profound impact on business capability and service delivery. However in hard times it is often the CFO who has the final say. What CEO's have lacked are tools to give them visibility of both key capabilities in their people as well as what they cost. This is what PeopleStreme provides as part of their Workforce Planning solution. Conversely, when growing an organisation or business, the traditional approach is to start hiring in the absence of a complete understanding of sources and sinks of candidates for particular roles. For example, recruitment consultants plan and budget for 100 new hires but haven't realised the rest of their industry is doing the same or that a new competitor or product is disrupting normal hiring patterns. This is especially relevant in the Digital Business space and in areas where retiring workers are not being replaced fast enough by younger generations. Consequently, the recruiters manage to hire only 15 people into that role, leaving themselves 85 people short. This is a symptom of industrial age thinking and is directly addressed by the multiple workforce modelling scenarios featured in PeopleStreme's Workforce Planning tool.

In a case of synchronicity, PeopleStreme's Tenth Birthday celebrations have coincided with the recognition of PeopleStreme by global IT research firm, Gartner Research in the "Cool Vendors in Human Capital Management, 2011" report. The company is now the dominant vendor for Performance and Talent Management systems in Australia, frequently competing and winning business against US and European vendors. "We have been successful because of all of you." remarked Peter Vlant, COO, in front of dedicated staff, before cutting the celebratory blue birthday cake. PeopleStreme's first client was signed in 2003 and still supports the company. Brand loyalty has been very high from client organisations whose people practices match their rhetoric. PeopleStreme's demonstration to Gartner included 10 out of a total suite of 22 HCM software modules in the company's Strategic Roadmap. "It is very hard for most analysts to categorise us given both the depth and breadth of our offering in HCM." suggested Lyle Potgieter, PeopleStreme's CEO. "When our executive and management workshops are delivered, most participants realise things are about to change for the better, as their employer is now taking HCM seriously, not just providing lip service." he added. PeopleStreme now sees itself as a global thought leader, demonstrated by having developed 22 software modules in it's integrated Technology Roadmap. Chief Technologist, Dale Smalley commented. "The fact that we are not based in the US or Europe does not mean that we can't lead the world in HCM innovation. We have an aggressive research and development team and conduct world leading research. We expect this to continue for the foreseeable future." he added. Smalley and other key staff have been with PeopleStreme since inception. Gartner recognised this ongoing investment in innovation by recognising PeopleStreme as a Cool Vendor. "In Australia, you need to manage people better because you are in a smaller economy with almost full employment. It's manage them or lose them." concluded Potgieter.

PeopleStreme is offering the opportunity to trial a fully functional online eRecruitment system, accessed through the Employment/Careers page on the client's website. The eRecruitment system helps organisations easily build searchable resume and candidate pools for immediate and future use. As a special bonus, the PeopleStreme Onboarding software module is included in the trial. This means it is now possible to hire and onboard employees all through one easy to use, fully integrated online system. The system also interfaces directly with Australia's leading online job board to maximise the client's advertising reach. The trial offer applies immediately and is open until 30th June 2011. After 30th June, clients may continue using the software provided they have paid the required software licence fees, otherwise the trial will terminate. This means many clients will be able to pay out of next year’s budget (ie after 1st July 2011). PeopleStreme has limited the offer to twenty organisations. To find out more or to request a proposal, please contact Ora Diskin on 1300 889 548 or email ora.diskin@peoplestreme.com    

PeopleStreme's latest video can now be viewed at http://www.youtube.com/watch?v=_NTFkMMHH50 We have a look at Employee Engagement V3 survey technology and how it can link to and create whole of business improvements and higher employee productivity.

Are you Prepared for the Next HR Technology Wave? Come to the 2010 AHRI Technology Conference and see What's Ahead.    2010 AHRI HR TECHNOLOGY CONFERENCE Solutions for a smarter futureAre you prepared for the next technology wave?We’ve seen technology significantly affect almost every aspect of HR  - now, new systems and software are set to create the next wave of change. At the 2010 AHRI HR Technology Conference you’ll hear experts outline and discuss some of the innovations and applications driving this change, and the implications for HR professionals, IT people and senior management. Working smarter not harderEfficiency is the bottom line driving the adoption of new solutions - understanding what they are and how to apply them will help you become more productive and efficient.Topics to be covered include: Software as a Service (SaaS)  and Cloud computing Social networking tools Business Intelligence CRM Influence on Software Development Security, Privacy and Risk Who should attend?This is a valuable event for everyone connected with HR systems and processes and associated decision-making, including: HR Professionals/Practitioners IT and Finance professionals involved in HR Technology www.hrtech.ahri.com.au Conference website Registration Speaker program Conference exhibition Conference venue Date: 14 October 2010   Venue: Sydney Convention and Exhibition Centre Platinum sponsor     Copyright Australian Human Resources Institute 2010. All rights reserved. ABN 44 120 687 149. If you are having difficulty viewing this email, click here for an online version.

PeopleStreme Human Capital has released an Employee Engagement Survey for independent human resources and organisational development professionals and their clients. The survey is especially tailored for knowledge workers rather than industrial age organisations and is delivered online, including immediate, comprehensive online reporting. For the full press release, please click here.