Results of Study Conducted by The Human Capital Institute and TAPFIN to be Revealed during February 19th Webcast
Washington, D.C., February 17, 2009 – According to a joint study conducted by the Human Capital Institute (HCI) and TAPFIN Process Solutions, there is an emerging trend of companies utilizing Integrated Resource Management as a way to utilize their workforce in a more strategic fashion. Integrated Resource Management is an approach that manages talent across the entirety of the workforce – including regular, part-time and contract employees – and is in synergy with an organization's business strategy.
The Human Capital Institute, a global professional association and think tank, and TAPFIN, a leading business process outsourcing provider of end-to-end human capital management solutions, co-sponsored the study to better understand how organizations can better direct their talent management strategies.
The "Integrated Resource Fulfillment" study was conducted in November-December 2008 and surveyed more than 250 HCI member companies. Study results will be presented by Alan Schweyer, Executive Director and SVP of Research for HCI, and Kip Wright, President, TAPFIN, via webcast on Thursday, February 19 from noon to 1 p.m. ET. To register for the webcast, visit www.hci.org or call 1-866-538-1909. All webcast attendees will receive a complimentary copy of the research report or a copy can be obtained by visiting www.hci.org.
According to the study, nearly two-thirds (65 percent) of survey respondents indicated their organization employs a C-level talent, workforce or human resources officer, and 86 percent felt their organization should employ an officer at this level. More than three-quarters (77 percent) believe human resources or talent personnel should be involved in an organization's strategic business planning process. Results such as these may indicate a trending toward a more strategic approach to workforce management.
"Our study findings indicate that more organizations are talking a holistic, integrated view of talent management, which may give these organizations a significant competitive advantage," said Allan Schweyer, HCI Executive Director and Senior Vice President, Research. "Breaking down traditional HR 'silos' is transforming organizations, providing a more comprehensive view of the workforce, boosting employee and team performance, and enabling better decision-making."
"We believe the most strategic, results-oriented organizations realize that every member of the workforce – whether full, part-time or contract workers – have value and impact,” said Kip Wright, President, TAPFIN Process Solutions. “They view their workforce holistically, treat employees of every kind as assets and leverage the direct link between human capital and the bottom line.“
About TAPFIN
TAPFIN Process Solutions, a division of COMSYS (NASDAQ: CITP), is a leading business process outsourcing provider of end-to-end human capital fulfillment and management solutions. Drawing on experienced delivery teams, industry best practices and innovative technology, TAPFIN develops and implements customized workforce solutions that deliver streamlined and transparent processes across the fulfillment, management and optimization of direct and contingent workforce. TAPFIN's suite of solutions includes vendor management services, recruitment process outsourcing, services procurement management, human resource outsourcing and executive search that can be tailored to companies of varied sizes and industry focus. www.tapfin.com
About The Human Capital Institute
The Human Capital Institute (HCI) is a catalyst for innovative new thinking in talent acquisition, development, deployment and new economy leadership. Through research and collaboration, our global network of more than 140,000 members develops and promotes creativity, best and next practices, and actionable solutions in strategic talent management. Executives, practitioners, and thought leaders representing organizations of all sizes, across public, charitable and government sectors, utilize HCI communities, education, events and research to foster talent advantages to ensure organizational change for competitive results. www.hci.org
MEDIA CONTACTS
TAPFIN
Sally Ting
Director of Marketing
610.635.0101
sting@tapfin.com
Human Capital Institute
Laura Polas or Aimee Diehl
866.538.1909
press@humancapitalinstitute.org