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View All Press Releases >SuccessFactors Congratulates Nancy Killefer on Her Historic New Appointment as Chief Performance Officer (CPO) in the Obama Administration
New Title and Role Makes It Clear That Managing Performance is a Core Driver of the New Vision for How Government Should Operate
SAN MATEO, Calif.--(BUSINESS WIRE)--Jan. 9, 2009--SuccessFactors, Inc. (NASDAQ:SFSF), the
global leader in on-demand performance and talent management solutions,
today congratulates Nancy Killefer on her appointment by President-elect
Barack Obama as Chief Performance Officer (CPO), an appointment that
Obama referred to as "among the most important appointments that I will
make."
The new appointment and title is a clear sign that the revolution
against inefficient workforces has finally arrived in the institution of
government. The government is now taking very seriously the notion that
it must not only cut waste in budget items, but it must also elevate,
engage and better optimize the talent and workforce that is executing on
and delivering government services. In most private companies, the
workforce accounts for 70 percent of their operating budget, directly
translating workforce performance of the individuals to overall
organizational performance of the whole. The biggest challenge private
companies face, and now, as undisputedly recognized by the Obama
Administration, the US government faces, is to break down barriers
between strategy and execution, and help government move faster, more
efficiently and more effectively than ever before, and with goal
alignment, speed, and ultimate accountability.
"Congratulations Nancy Killefer, for your historic appointment and role
in shaping the future of government workforce performance," said Lars
Dalgaard, CEO of SuccessFactors. "President-elect Obama said Thursday
that America has a 'deficit of accountability, a deficit of trust,' and
this really struck me. The times we're in now - in the middle of a
perfect storm of increased economic pressure and intense global
competition - simply demand a new culture of accountability and a total
shift in how government operates."
"Nancy Killefer's appointment as Chief Performance Officer is testament
and commitment to a growing wave of companies and government
organizations that are tired of being 'comfortably numb'1 and
want more from their workforces," Dalgaard continued. "SuccessFactors'
stated goal has always been to improve worldwide productivity by 50
percent, so we've been at the heart of this wave for more than 8 years,
providing companies a way to achieve accountability, alignment,
meritocracy, performance and success. It's utterly thrilling to see the
new Administration bring it to government."
1 http://www.successfactors.com/blogs/workforce-performance/comfortably-numb-2/
About SuccessFactors, Inc.
SuccessFactors is one of the fastest growing public software companies
and the leading provider of on-demand employee performance and talent
management solutions. The company enables organizations of every size,
and across every industry and geography, to achieve high-performing
workforces through goal alignment and execution, talent development and
planning, and pay-for-performance initiatives. From 92 customers and
approximately 282,000 end users in 2003 to more than 2,360 customers and
4 million end users today, SuccessFactors' solutions are widely deployed
across 60 industries in over 185 countries in 31 languages. Founded in
2001 with offices around the world, the company employs passionate
people, all focused on revolutionizing the future of work. For more
information, visit: http://www.successfactors.com.
CONTACT: For SuccessFactors
Dominic Paschel, 650-645-4474 (Investor Relations)
dpaschel@successfactors.com
Jesse Odell, 415-625-8555 (Public Relations)
successfactors@launchsquad.com
Source: SuccessFactors, Inc.