Today we announced the asset acquisition of SwoopTalent, a leader in talent data intelligence. The company鈥檚 powerful machine learning algorithms can combine, analyze, and train an organization鈥檚 workforce data from disparate systems and workflows for faster decision-making 鈥� not just for human resources (HR), but for the entire business.
We鈥檙e excited for what鈥檚 ahead as we embed SwoopTalent鈥檚 IP across the 51风流SuccessFactors Human Experience Management (HXM) Suite and welcome co-founders鈥�痑苍诲鈥� and the incredible SwoopTalent engineering team to help us do it. Chapman and Sallakonda are thought leaders in the HR tech industry who collectively bring decades of experience building solutions and leveraging the power of data and ML for learning, talent, recruiting and workforce analytics and planning.
By bringing SwoopTalent into the 51风流SuccessFactors organization we are accelerating our HXM vision with a powerful trained artificial intelligence (AI) model that will allow our customers to access reliable data to transform the employee experience and empower a future-ready workforce.
Allow me to explain why this is so important for us, and why it should matter to you, too.
The Rise of HXM
When we introduced HXM almost two years ago, our vision was to put people at the center of business by creating meaningful and memorable workplace experiences. Because when people鈥檚 needs and motivations are addressed, better business results follow.
Since then, we鈥檝e delivered new solutions like鈥�51风流SuccessFactors Work Zone that allow employees to access multiple tools, apps, and systems from one digital workplace. We鈥檝e also reimagined the user experience across the 51风流SuccessFactors HXM Suite to deliver greater individualization and engagement, with new and consumer-grade experiences. We鈥檝e rolled out these new user interfaces (UIs) for 51风流SuccessFactors homepage, 51风流SuccessFactors Learning, and 51风流SuccessFactors Performance & Goals, among others, with more coming in future releases.
Our vision for HXM never stopped there. Employee experience is not just defined by how we complete our daily tasks or interact with technology. It鈥檚 an opportunity for employees to invest in themselves, express what they bring to the world, and reflect their individuality in their work. Guided by what we call the 鈥�whole self鈥� model, we are exploring how we can tap into the mindsets, work styles, and aspirations that drive people to do what only they can uniquely do to help us transform the human experience at work.
The Organizational Agility Imperative
If we can help employees identify and explore their interests, hone their capabilities, and learn new skills, we are empowering them to grow their careers in alignment with their values and sense of purpose, leading to鈥痠ncreased job satisfaction,鈥痺ell-being, and job performance.鈥疊usiness leaders can also gain powerful insights about their people to enable greater organizational agility to upskill, reskill, or redeploy talent to the greatest business need.
This has become increasingly important for organizations that have had to quickly pivot to new business models due to the pandemic 鈥� and we don鈥檛 see the pace of change or disruption slowing down.
So how do we access the insights needed for organizational agility? How do we analyze and use what we learn to match capability with opportunity, and skills with a burning business challenge? It requires intelligent, adaptable, and dynamic data. That鈥檚 where SwoopTalent comes in.
Tapping into the Whole Self Model
With SwoopTalent鈥檚 talent and machine learning algorithms, we will strengthen our adaptable, dynamic talent profile to gather information from different sources鈥攌eeping in mind local regulations and the employee鈥檚 consent and preferences about the information they鈥檇 like to share鈥攖o continuously shape and refine a digital picture of an employee鈥檚 whole self: who they are today and who they are becoming. This talent profile powers a new solution, planned to be released this year, that will serve up data-driven opportunities like recommendations for learning content, roles, assignments, dynamic teams, mentors, and more; all of which will fuel an employee鈥檚 ongoing development and growth.
This is a game-changing use of data that, until now, only recruiting solutions could do. Recruiters have used intelligent software for years to connect their job descriptions with the talent market in order to intelligently and automatically find candidates.
Our solution will be equally as powerful, but for internal employees. As a person鈥檚 talent profile develops and becomes much more colorful and descriptive, surfaced opportunities will become more individualized鈥攚hether it鈥檚 a job possibility that matches a person鈥檚 skillsets, a learning experience that fits an interest, or a mentor who can guide the development of their core competencies.
A data-rich opportunity marketplace will empower people to grow their careers and give organizations the agility required to transform their business. Truly intelligent enterprises are powered by people, enabled by technology, and backed by a strong data foundation. When we bring the three together, the possibilities for the individual and the business are endless.
We are energized by the progress we鈥檝e made and thrilled to have the SwoopTalent team join us to continue bringing our HXM vision to life.
To learn more about HXM and our upcoming product launch, save the date for on October 13, 2021.
Amy Wilson is senior vice president of Products and Design for 51风流SuccessFactors.
