ORLANDO, Fla.--(BUSINESS WIRE)--Oct. 16, 2006--An organization's ability to effectively manage its workforce is becoming increasingly critical to both top- and bottom-line performance, as well as overall viability. As the workforce continues to evolve into a key performance driver and competitive differentiator, managing this critical asset is a boardroom issue. To help educate organizations on best practices in managing the workforce, Kronos(R) Incorporated (Nasdaq: KRON) established the Workforce Institute. The Workforce Institute's mission is to provide research and education on critical workplace issues facing organizations around the globe.
"Increasing global competition, the evolution of the workforce, and the changing dynamics of the nature and methods within the workplace make this a critical time for creating a think tank dedicated to these pressing issues," said Stuart Itkin, chief marketing officer at Kronos. "As experts who empower organizations to effectively manage the workforce, we have a tremendous amount of knowledge to share. The Workforce Institute is a platform to share that knowledge, as well as an opportunity to engage other industry visionaries and experts in discussions about workplace issues."
An advisory board of academics, innovators, practitioners, and visionaries and will spearhead the initiatives of the Workforce Institute. By bringing together thought leaders, the Workforce Institute is uniquely positioned to empower organizations with the knowledge and information they need to manage their workforce effectively and provide a voice for employees on important workplace issues. A hallmark of the Workforce Institute's research is balancing the needs and desires of diverse employee populations with the needs of organizations.
This announcement was made from KronosWorks(TM), the industry's largest venue for exchanging ideas in how to effectively manage the workforce. KronosWorks is taking place this week in Orlando.
About Kronos Incorporated
Kronos Incorporated empowers organizations around the world to effectively manage their workforce. At Kronos, we are experts who are solely focused on delivering software and services that enable organizations to reduce costs, increase productivity, improve employee satisfaction, and ultimately enhance the level of service they provide. Kronos serves customers in more than 50 countries through its network of offices, subsidiaries, and distributors. Widely recognized as a market and thought leader in managing the workforce, Kronos has unrivaled reach with more than 30 million people using a Kronos solution every day. Learn more about Kronos at www.kronos.com.
(C) 2006 Kronos Incorporated. Kronos and the Kronos logo are registered trademarks and KronosWorks is a trademark of Kronos Incorporated or a related company. All other product and company names mentioned are used for identification purposes only and may be trademarks of their respective owners.