GAINESVILLE, Fla., Oct. 8, 2014 – SumTotal Systems, LLC, a Skillsoft company and a leading provider of next-generation HR solutions, today announced its latest Talent Expansion® suite enhancements, which feature new ways for organizations to proactively engage, develop and retain employees so they can continue to differentiate and compete in today’s rapidly evolving business world.
A 2012 McKinsey Global Institute report projected that the global labor market will face a deficit of nearly 85 million skilled workers within the next five years. Organizations will be challenged to address this crisis if they rely solely on traditional HR approaches and recruiting, and they must shift their focus to identifying and developing talent from within their workforces to stay competitive.
“More than 25 years ago, Peter Senge, a lecturer at the MIT Sloan School of Business and founder of the Society for Organizational Learning, stated that the rate at which organizations and individuals learn may well become the only sustainable competitive advantage,” said Humair Ghauri, senior vice president of engineering at SumTotal. “Today, business success is based on our ability to rapidly acquire and apply new knowledge and cultivate an evergreen source of talent. Velocity is achieved through pervasive learning, and leadership in the market is earned and sustained through workforce adaptability.”
The latest enhancements to SumTotal’s learning-centric Talent Expansion platform enable customers to drive learning to the core of their company culture and provide managers and employees the tools and information they need, when and where they need them, to develop and become tomorrow’s leaders.
About SumTotal Systems
SumTotal Systems, LLC, the largest independent provider of integrated HR solutions, is increasing the performance of some of the world’s most successful organizations, including AstraZeneca, Amway and Seagate. The only HR solution provider to deliver Talent Expansion, a whole new approach to discovering, developing and unleashing hidden potential within our customers’ workforce, SumTotal delivers employee enablement solutions that help organizations become great places to work. SumTotal’s people-focused applications, available on premise and in the Cloud, enable contextual, just-in-time development designed to advance employees’ skills and knowledge. Today, more than 3,500 organizations, including several of Fortune’s “Best Places to Work,” rely on SumTotal’s on premise and cloud-based Talent Expansion applications to enable their employees.
