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SuccessFactors Announces Business Execution Product Road Map
(Logo: http://www.newscom.com/cgi-bin/prnh/20090602/SF26086LOGO)
SuccessFactors' on-demand Business Execution suite of integrated applications supports the two key components that comprise effective business execution: business alignment and people performance. SuccessFactors' business alignment offerings help ensure people are working on the right things every day, and its people performance solutions ensure the right people are in the right roles, and that they are working to their full potential. SuccessFactors product and services development effort is 100 percent focused on creating the industry leading Business Execution suite. SuccessFactors is building new capabilities to expand our leading position in people performance applications while creating new innovations in business alignment to close the gap between strategy and results. SuccessFactors Business Execution road map is purpose-built to:
-- Provide executives the ability to monitor, diagnose, and act on issues
related to strategy execution in real time.
-- Allow everyone across an organization to instantly tap into the right
people, resources and knowledge needed to execute against their goals
and incite employees to show up ready to execute to their potential --
everyday.
-- Connect with information and capabilities from an expanding ecosystem of
business application providers that integrate with SuccessFactors
through the SuccessCloud.
The newest product in the Business Execution Software suite is the SuccessFactors Strategy Deployment solution (expected availability 9/18/09). This offering helps executives set overall business objectives, align them throughout the organization and gain visibility into how people and lines of business are executing against that strategy.
The first Strategy Deployment Solution helps companies:
-- Rapidly communicate strategy -- Business objectives can change at the
drop of a hat, and the ability to execute, change and communicate goals
quickly and clearly across the organization is critical to a company.
The Strategy Deployment solution helps companies quickly communicate
strategy -- or changes to strategy and put broad strategic objectives
into more targeted and relevant objectives so individuals, groups, and
departments know exactly what they need to work on.
-- Break down organizational silos -- Collaboration is the connective
tissue of work, and most objectives are not achieved by operating in
silos so alignment across the hierarchy is essential. The Strategy
Deployment Solution provides a rich set of collaboration tools that
support cross-organizational teaming and help people find others who can
collaborate with them to achieve their goals and move the strategy
forward.
-- Get transparency into all aspects of the company's performance and
take corrective action - Dynamic Analytics and C-level Dashboards give
executives and management a comprehensive view of how their company is
performing. Access to these meaningful metrics helps executives course
correct and better execute on strategy. Future integrations with
SuccessCloud partners will allow companies to combine business data
(financial systems, ERP, CRM, etc.) with employee performance data.
Key capabilities of SuccessFactors Strategy Deployment offering include:
-- Metrics Navigator provides executives with immediate access to rolled-up
business insights so they can take action quickly.
-- SuccessIndicators track and store operational metrics that provide
business insights and monitor leading indicators so that executives can
make course corrections in strategy. Data can be imported from external
systems, including ERP, financial systems, data warehouse, CRM, etc.
-- Objective Alignment Spotlight provides clear visibility from the most
strategic to the most tactical objective.
-- Objective Cascading lets executives and business leaders automatically
align and push goals across the organization in one simple step.
-- Employee Search and Collaboration Tools help employees find others via
directory search or group associations to help them get their jobs done
and execute against strategy.
-- Business Execution Survey takes the pulse of employees to assess the
current state of strategy deployment in order to chart a more effective
path.
-- Business Execution Services provide targeted services focused on helping
companies get the most from the Business Execution Suite and drive
business results. Services include workshops on topics such as Executive
Goal Setting and Strategy Communication & Branding.
"From years of partnering with our customers, we've seen how important it is for workers to know exactly what they need to be doing and how they should get it done, and it's amazing how often that doesn't happen," said SuccessFactors CEO Lars Dalgaard. "Our Business Execution Suite gets to the heart of that problem and helps companies rapidly communicate their strategy, and align it throughout the company and execute."
About SuccessFactors, Inc.
SuccessFactors is the global leader in Business Execution Software. The SuccessFactors Business Execution Suite improves business alignment and people performance to drive breakthrough results for companies of all sizes. More than 5 million users and 2,800 companies leverage SuccessFactors every day. To learn more, visit: www.successfactors.com.
Note: All product features and delivery dates mentioned represent current product development expectations only and not a delivery commitment. These features may not be delivered in the indicated time frame or at all. Customers should base their purchasing, administrative, and configuration decisions solely on functionality that is currently available.
“Safe harbor” statement under the Private Securities Litigation Reform Act of 1995:
This press release contains forward-looking statements within the meaning of Section27A of the Securities Act of 1933 and Section21E of the Securities Exchange Act of 1934. These forward-looking statements are SuccessFactors’ current expectations and beliefs.
These forward-looking statements include statements about future products and services, potential market size, growth and related items. Factors that could cause actual results to differ materially include: market acceptance for new products and services; unforeseen development problems or delays; pricing pressures; the uncertain impact of the overall global economic slowdown; length of sales cycles; the fact that our market is at an early stage of development and may not develop as rapidly as we anticipate; competitive factors; outages or security breaches; and whether our resellers and other partners will be successful in marketing our new products and services. If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make.
Further information on these and other factors that could affect our financial results is included in the section entitled “Risk Factors” in our Annual Report on Form 10-K for 2008 and in our most recent report on Form 10-Q and in other filings we make with the Securities and Exchange Commission from time to time.
These documents are or will be available on the SEC Filings section of the Investor Relations section of our website at www.successfactors.com/investor.
SuccessFactors, Inc. assumes no obligation and does not intend to update these forward-looking statements, except as required by law.
Contact:
SuccessFactors
Dominic Paschel, 415-262-4641
Director of Public & Investor Relations
dpaschel@successfactors.com
SOURCE SuccessFactors, Inc.
http://www.successfactors.com
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