Social Collaboration Unites With Talent Management
Point is a new and distinct employee-centric solution that connects employees to each other and their organization by uniting the popular features of social collaboration with talent management. Point gives employees a centralized talent management platform with a forum to share expertise and be recognized by peers and leaders, allowing them to drive their own careers and increase employee engagement. Companies benefit by having a platform that reveals emerging trends and associated subject matter experts to better understand who and what is driving their business.
“Leveraging their integrated solution architecture, SilkRoad has taken the promise of social collaboration, learning, recognition, management and delivered something we’ve yet to see accomplished by any other solution provider.” − Josh Bersin Bersin & Associates
Engage and Align Employees
When organizations partner with their employees by communicating their vision and aligning both organizational and employee goals, those employees are more willing to make decisions, take appropriate risks and act in the best interests of the organization. Recent Gallup research indicates organizations with highly engaged employees have 3.9 times the earnings per share (EPS) growth rate compared to organizations with low employee engagement scores. This link between company performance and employee engagement will help drive the performance of your employees and ultimately your business. As a social collaboration tool, Point provides a communication platform for organizations to connect employees, share their vision and drive company culture.
Empower and Retain employees
Employees desire and crave social connections and empowerment and do a better job when those needs are fulfilled. Point fosters a self-motivating culture by providing an environment for employees to connect, share information, and be recognized. Key research from the U.S. Department of Labor and The Gallup Organization support the strong link between employee recognition and retention. According to the DOL, 64% of working Americans leave their jobs because they don't feel appreciated, while Gallup research shows that 70% of working Americans say they receive no praise or recognition on the job.
Cultivate Next Generation Leaders
Creating a robust leadership pipeline depends on the ability to identify people with the motivation and potential to become future leaders, accelerate the development of these high-potential candidates and prepare them for leadership. Point helps identify natural leaders and provides a platform to develop and grow new skills preparing them to lead future business opportunities.
Point also provides a pathway to career development and learning with integration to SilkRoad’s WingSpan and GreenLight offerings. A Career Engagement Group’s 2012 Career Agility & Engagement Report revealed some interesting findings:
- 31% of employees want fast-tracked careers
- 35% of employees want more work responsibility
- 75% say they’re willing to use their own time to further their career
Point provides comprehensive end-to-end succession planning where organizations can identify natural leaders and provide the career development and learning plans to nurture that potential leader to their full potential.
“What I really liked was the insight that a resource manager or succession planner might gain. Who would you want on your pet project– someone who looks good on paper or the person your peers/others view as the firm’s best expert on the subject? I’d take the latter any day.” − Brian Sommer, ZDnet blogger