SAN MATEO, Calif. - September 12, 2006 - SuccessFactors, Inc., the global leader in on-demand, web-based performance and talent management solutions, today announced a research partnership between SuccessFactors Research and Dr. Jac Fitz-enz, the internationally recognized authority on human resource management. The project under the direction of Dr. Jac Fit-enz, CEO of Workforce Intelligence Institute and Erik Berggren, Director of Customer Results at SuccessFactors will combine subject matter expertise with Dr. Fitz-enz´s acclaimed ability in human capital benchmarking and performance measurement. The project goal is to substantiate and find evidence that aligned goals and integrated pay for performance drive positive business results.
SuccessFactors currently enjoys a research base of over 700 customers and 2 million users worldwide. The joint study with Dr. Fitz-enz will incorporate findings and measurements from some of SuccessFactors´ largest customers as well as an additional 100 companies of equal size. The research has been designed to incorporate a combination of quantitative, statistical analysis with in-depth qualitative findings.
"Real performance for any business is driven through a highly qualified, motivated and talented workforce, said Dr. Fitz-enz. "Our research attempts to prove that performance execution, achieved through a combination of goal alignment, performance development and integrated compensation planning, are key to increasing workforce productivity and tangible business results.
The research results of this joint partnership will be announced in November and explored further during a dedicated session track at The Conference Board event in New York in early 2007. For more information regarding the study, please visit www.successfactors.com/research.
"The business success being achieved by SuccessFactors´ customers is a testament to the power of effective performance and talent management," said Lars Dalgaard, CEO of SuccessFactors. "We are excited to partner with Dr. Fitz-enz, who as the leading authority of Human Capital Management, will help SuccessFactors customers to effectively quantify the financial and business value that performance and talent management initiatives provide for their companies ."
"SuccessFactors is dedicated to delivering the highest levels of customer satisfaction, which by definition, must include the ability to measure and validate the effectiveness of their performance and talent management expenditures and efforts," said Erik Berggren, SuccessFactors Director of Customer Results. "As the leader of our Research group, my charter is to help our customers identify clear and validated links between goal alignment, performance, compensation and business performance. By partnering with Dr. Fitz-enz, I am confident that we will establish clear human capital patterns for business success across verticals, and thus we will be able to guide our customers in making their strategic decisions in this arena."
Dr Fitz-enz was cited earlier this year by SHRM as one of the top 50 people in the second half of the 20th century who have changed the way people are managed. Recently, he received the Chairman´s award from IHRIM for his innovative work on information management.
About SuccessFactors
SuccessFactors delivers performance and talent excellence, on demand. The company´s software promotes visibility, accountability, and results, enabling organizations to eliminate the politics that destroy motivation and impede performance. Fueled by the industry's highest renewal rate, SuccessFactors has grown to support more than 700 customers and 1.8 million users in 134 countries around the world. Customers include MasterCard Worldwide, British Telecom, Textron, Salesforce.com, Cooper Tire & Rubber Company, Volkswagen of North America, Reebok, Pep Boys, Lancaster General Hospital and Grant Thornton. The company has achieved a global industry leading, scalable and secure hosting operation. Founded in 2001, SuccessFactors has multiple worldwide offices collaborating for strong local support of customers. For more information, visit http://www.successfactors.com (http://www.successfactors.com) or call +1 800 809-9920.