|
“Thought leadership is imbedded in our culture at BlackRock – we are constantly innovating and evolving – and in this way we have an equal partner in SuccessFactors.” Joe Crowley, HRIS Director, BlackRock
|
Execution Gap
BlackRock is the largest money manager in the world and employs over 9,000 professionals in 26 countries. BlackRock’s purchase of Barclays Global Investors in 2009 created the need to establish a common culture and approach to talent practices and technology. BlackRock needed to close the following gaps:
- Integrate multiple talent management processes globally
- Access robust employee information to make better business decisions
- Provide unsurpassed service to their clients through employee development
SuccessFactors Solution
In 2010, BlackRock partnered closely with SuccessFactors to implement modules for Goal Management, Performance Management, Succession Management, Career Development & Planning, and Calibration under the internal brand “SuccessPath”. These products enabled BlackRock to create a unified company by:
- Combining all talent processes into a “One BlackRock” employee experience
- Allowing access to important business data in an intuitive, thoughtful and useful way
Business Results
BlackRock implemented SuccessFactors and achieved the following business results:
- Collective decisions are based on a single set of data that facilitate a strong calibration and decision-making process
- Employees are being developed to evolve in their work to deliver amazing results to their clients
- Human Resources is positioned as a revenue-generating center within the organization
Financial Services
SUCCESSFACTORS CAPABILITIES:
Goals Management
Performance Management
Succession Management
Career & Development Planning
Calibration
Learning (2012)


