HCM Leader Enables Enterprises to Make Real-Time Decisions Based on Employee Skills
REDWOOD SHORES, Calif., Oct. 19 /PRNewswire-FirstCall/ -- Saba (NASDAQ:SABA), a leading provider of human capital management (HCM) solutions, today announced that it is the first HCM provider to introduce a comprehensive competency management solution. Through its Competency-Driven HCM Solution(TM), Saba resells, integrates and certifies competency libraries with its HCM software suite, enabling companies to make real-time, strategic business decisions based on employee skills and competencies.
Saba's Competency-Driven HCM Solution is a one-stop-shop solution combining proven competency-based HCM infrastructure, leading HCM competency libraries and certified competency methodologies. By integrating competencies into HCM applications and processes, Saba enables organizations to recognize and leverage the knowledge and abilities of the workforce.
With the launch of the competency management program, Saba is establishing alliances to certify and resell competency libraries, beginning with ITG Competency Group, Inc., the leader in enterprise skills libraries including IT and general corporate function libraries. The company is exploring potential partnerships with other firms such as Development Dimensions International (DDI), a global leader in human resources competencies. For each vendor in the program, Saba is certifying both the interoperability of the library with the Saba Enterprise 2005 HCM suite as well as the methodologies associated with the libraries, ensuring the success of both the technology and processes within customer environments.
"Competencies are at the center of strategic human capital management," said Josh Bersin, founder and CEO of Bersin & Associates, a leading industry analyst firm focused on enterprise learning. "They create the bridge between performance management and enterprise learning and enable organizations to align and develop their workforce for maximum business effectiveness." HCM is a business strategy that makes every employee a competitive asset for the overall benefit of the business. Organizations that base their people decisions -- including hiring, training, mentoring, career development, succession planning and team-building -- on competencies are better able to make real-time business decisions that lead to improved performance than those companies who rely on employee job title, tenure or other non-skills-based characteristics.
"There is a big difference between HCM infrastructure and strategic HCM systems," said Saba Chairman and CEO Bobby Yazdani. "Other companies talk about competency-based HCM systems, but only Saba delivers one. The Saba Enterprise 2005 suite really does utilize people competencies as the foundation of the entire learning, performance, and talent management suite." Saba's Competency-Driven HCM Solution enables customers to better manage projects such as: -- Designing a training plan to address skills gaps
-- Creating strategic career development plans
-- Mapping people skills to targeted roles
-- Creating talent pools for strategic succession planning
-- Building project teams based on required competencies By integrating competencies into HCM applications and processes, Saba empowers organizations to recognize and leverage the knowledge, creativity and skills of all individuals.
About Saba Saba (NASDAQ:SABA) is a leading provider of integrated Human Capital Management (HCM) solutions. Saba enables The Aligned Enterprise(TM) by aligning goals, developing and motivating people, and measuring results -- driving greater organizational performance.
More than 10 million current users in over 30 countries use Saba today. Customers include ABN AMRO, Alcatel, Bank of Tokyo-Mitsubishi, BMW, CEMEX, Cisco Systems, DaimlerChrysler, Dell, Deloitte Touche Tohmatsu, EDS, EMC Corporation, FedEx Kinko's, Insurance Australia Group, Lockheed Martin, Medtronic, National Australia Bank, Novartis, Petrobras, Procter & Gamble, Scotiabank, Sprint, Standard Chartered Bank, Swedbank and the U.S. Army and U.S. Navy.
Headquartered in Redwood Shores, California, Saba has 20 offices worldwide. For more information, please visit http://www.saba.com/ or call (+ 1) 877-SABA-101 or (+1) 650-779-2791.
About ITG Competency Group ITG Competency Group, Inc. has been a pioneer in developing off-the-shelf and customized competency data products for over fifteen years. The ITG Enterprise Competency Database covers all the common job families and jobs found in the typical corporate organization. The ITG Database provides: -- Complete job profiles for all jobs
-- Position descriptions and key responsibilities for each job
-- Detailed behavior based proficiency descriptions that are specific for
that competency
-- Preset customizable proficiency standards for each competency for each
job
-- Learning references mapped to each competency The ITG Enterprise Competency Database has been developed based on extensive research, working groups and working with customers for over fifteen years.
ITG customers include ADP, American Express, Bank of America, Blue Cross Blue Shield (PA, NJ, FL, MI), Capital One, Chubb Insurance, CIBC, Discover Federal Reserve Banks of New York and Dallas, General Motors, HCA, SBC, Scotia Bank, US Government Office of Personnel Management.
For more information go to: http://www.itgcompetencymodels.com/ or call +1-516-203-1440.
Saba, the Saba logo, and the marks relating to other Saba products and services referenced herein are either trademarks or registered trademarks of Saba Software, Inc. DATASOURCE: Saba CONTACT: Elizabeth Doubleday of Saba, +1-410-727-5112, x1261, or Web site: http://www.saba.com/
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