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5 Questions to Ask When Selecting a Talent Management System

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Selecting the right Talent Management System (TMS) can directly impact your employees' performance, retention rate and overall organizational happiness.

But with new talent software emerging every year and multiple providers to choose from, how can organizations select the right TMS without making costly mistakes or wasting time and effort?

Keep reading to learn 5 key questions that will help guide your TMS selection process.

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Cutting edge talent systems are using predictive analytics and machine learning to deliver personalized content and performance recommendations so each person in your organization knows how to work smarter and succeed.

Studies have shown some of the top companies that take advantage of data-driven decision making and machine learning are “on average, 5% more productive and 6% more profitable than their competitors.” 1

1 – Harvard Business Review: http://blogs.hbr.org/2014/05/an-introduction-to-data-driven-decisions-for-managers-who-dont-like-math/

1Does your TMS leverage machine learning to help you make smarter decisions?

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Is the vendor a good fit with your company?

It’s important to agree on a realistic timeframe for your TMS implementation. False expectations can lead to huge headaches and increased costs. Be prepared to ask questions that highlight implementation and support phases, but also get a feel for culture fit and methodology. Look for a vendor or partner focused on helping you achieve your business objectives.

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3Let’s face the facts: Some solutions can’t keep up. New technologies and globalization have changed the way — and where — people work. In order to see high adoption of your TMS, make sure it supports changing work dynamics and the future of your business. Allow for remote and networked workers to easily stay connected through social, mobile and video capabilities, and consider cloud-based, flexible solutions to accommodate changes in your company.

Can your TMS support the new world of work?

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4Does your TMS cultivate a collaborative work environment?

Collaboration tools can help improve teamwork, engagement and communication so you can accelerate new hire onboarding, performance review cycles and other talent management processes. Make sure your TMS provides features such as real-time meetings, social sharing, and mobile access to increase productivity and user engagement.

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5 Can your TMS support seamless integrations?

Ease-of-use is critical not only to user adoption but also to evaluating the ROI of your TMS. Sure, most systems will integrate these days, but you don’t always want to have to involve your developers to make that happen. Look for a TMS that allows you to seamlessly manage integrations in no time, on your own. Connecting systems such as HRIS, CRM, job boards, screening services and the latest learning content should be as easy as drag and drop.

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Why are you selecting a TMS?

Here are the top 4 drivers other organizations are replacing their Talent Management Software:

60% Can’t efficiently integrate with other systems

53% Improve user experience

53% Inability to get analytics

47% New, better, faster technology solutions in the market today

Source: Investments in Human Capital Management Systems 2014. Katherine Jones, Bersin by Deloitte. 2014

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