1. Taleo's Online Talent Management Community Gains Momentum
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March 22, 2010: 06:00 AM ET
A few months after launching its Talent Grid set of online communities, Taleo Corporation
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(NASDAQ: TLEO) announced today that it is exceeding its development and usage goals and
has created a new business unit to support its rapid growth and adoption. The company has ● Address
appointed Michael Boese to the newly created position of General Manager, Talent Grid and
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Group Vice President of Corporate Business Development. Taleo plans to continue to build out a
dedicated staff of development, production, marketing, distribution and services professionals to ● State/Pr Zip/Postal
support this business unit as demand grows. E-mail
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The first and only cloud-based community of its kind, the Talent Grid offers Taleo customers Outside the U.S. and
Canada, click here.
unprecedented value and the ability to drive superior business performance. This is made
possible by harnessing the power of collaboration. By pairing social networking with Talent
Management, Taleo's Talent Grid is bringing together thousands, and potentially millions, to
share knowledge, offer insights and solve problems.
A set of three online exchanges, the Talent Grid provides a forum for Taleo customers, partners
and job seekers to share best and "next" practices, discover innovative solutions and interact to
http://money.cnn.com/news/newsfeeds/articles/marketwire/0598954.htm (1 of 5) [4/12/2010 12:45:33 PM]
2. Taleo's Online Talent Management Community Gains Momentum
match up the world's top jobs with the best talent. The Talent Grid includes: the Knowledge
Exchange, an online customer community; the Solution Exchange, a partner ecosystem; and the
Talent Exchange, a marketplace where candidates and companies can connect. All three
communities are built on and connected by a collaborative Web 2.0 framework. The Talent Grid
is accessible as a convenient extension of Taleo's on-demand Talent Management solutions for
companies of all sizes.
"At Taleo, we recognize the power of great Talent Management to transform and lead business
performance," said Michael Gregoire, Chairman and Chief Executive Officer. "We are delighted
at the early, powerful response by the world's largest Talent Management ecosystem -- Taleo's
customers, partners and candidates -- to collaborate, strategize and streamline their talent
decisions through the Talent Grid since its launch in September. I am confident that under Mike
Boese's experienced leadership, the Talent Grid will continue to grow and further empower
organizations of all sizes to transform their workforces and their business performance. "
Michael Boese joined Taleo in 2006 as Group Vice President for Corporate Business
Development. In this role, he has been responsible for identifying and building new market
opportunities to help Taleo capitalize on industry trends that will continue to advance corporate
growth. This has included the strategic development of the Talent Grid since 2008. With over 15
years of software and business building experience, Mr. Boese has worked with some of the
technology industry's largest and most recognized companies, including SAP and PeopleSoft.
Talent Grid In Action: Community Adoption Updates
Talent Exchange: Candidate Sourcing Marketplace
The Taleo Talent Exchange, used by over 50 customers across all industries, is a collaborative
online marketplace that has the potential to bring together more than 200 million candidates and
550,000 new jobs each quarter into one community.
"The Talent Exchange is an excellent addition to our sourcing strategy that allows us to take
good care of the people who apply with us," said Kim Mattingly, Talent Resource Manager at
Gallup.
"Through the Talent Exchange, we made a hire for a hard-to-fill position within days of posting
the job," said Angela Lespierre, Recruiting Systems Administrator at Apria Healthcare.
Likewise, job candidates commend the Talent Exchange for streamlining their job search efforts.
"Recently, I applied to 3 jobs at 8 companies; each application took 45 minutes. Utilizing the
Universal Profile is going to be a huge time saver," said a Manufacturing industry candidate.
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3. Taleo's Online Talent Management Community Gains Momentum
"No longer will I need to manage multiple files. I can store all my professional experience in one
place," said a Technology industry candidate.
Solution Exchange: Applications Marketplace for Talent Solutions
Taleo's Solution Exchange, which has scaled to more than 100 solutions and 59 partners,
provides a marketplace where customers will be able to quickly evaluate, demo and activate
partner solutions that extend the value of their Taleo products -- without ever leaving the site.
"We've had terrific exposure to our brand from the day the Solution Exchange launched, which is
great for a company in an emerging space like ours. It's a powerful example of the commitment
Taleo has to its partners," said Josh Schwede, Vice President of Business Development for
HireVue, a provider of Internet-based video interviewing solutions that are integrated into Taleo
products.
Knowledge Exchange: Social Network for Talent Management
Participation in Taleo's Knowledge Exchange, an online customer community that facilitates the
ability to share and discuss a wide range of talent management topics in a quick and social
manner, has grown four-fold since its September launch. Early participants have driven hundreds
of active discussions, uploaded content and even shared sample code.
Judy Johnsen, HRIS Manager at CSC, said "The Knowledge Exchange is a critical tool we use
daily. It helps us get our jobs done more efficiently with 24/7 access to a wealth of expertise from
a network highly-tuned to share ideas collaboratively."
Plug Into the Talent Grid
Access is available at no cost to Taleo customers. For more information, visit: GRID.TALEO.
COM.
Follow us: http://twitter.com/Taleo_Corp
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About Taleo
Taleo (NASDAQ: TLEO) is the leader in on-demand unified talent management solutions that
empower organizations of all sizes to better understand and engage their best talent for improved
business performance. More than 4,400 organizations use Taleo for talent acquisition,
performance and compensation management, including 47 of the Fortune 100 and over 3,600
small and medium sized businesses across 200 countries and territories. Known for its strong
configurability and usability, Taleo runs on a world-class infrastructure and offers 99.9%
availability. Taleo's Talent Grid harnesses the resources of the Taleo community of customers,
candidates, and partners to power the talent needs of companies around the world.
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