SuccessFactors’ Performance and Talent Management Solutions Enhance Employee Engagement, Decision Making and Compliance with Requirements
San Mateo, Calif. – April 21, 2008 – SuccessFactors, Inc. (NASDAQ: SFSF), the global leader in on-demand performance and talent management solutions, today announced that Cadbury Schweppes has deployed SuccessFactors’ Performance Management and Goal Management solutions to 11,000 of its employees, across business units throughout Europe, the Americas and Asia Pacific, in 10 languages. SuccessFactors’ solutions enable the communication and cascading of corporate goals, ensuring individual employee objectives are aligned to company performance targets.
With a long list of well-known brands, including Cadbury, Schweppes, Dr Pepper, Snapple and Bassett, Cadbury Schweppes is one of the largest and oldest confectionery companies, and employs over 70,000 people throughout the world. Performance management is an important piece of the company’s business strategy, which is focused on driving growth, efficiency and capability through core global processes, and the company has now automated this process using SuccessFactors.
“Our goals to simplify our performance management process, embed the global standards and reduce administration have been achieved,” said Julia Freeman, director, People Capability and Process, Cadbury Schweppes. “We can now focus on deriving more value from the talent management activities of feedback, coaching and development without having to worry about the mechanics of the process.”
SuccessFactors’ solutions will play a fundamental role in helping Cadbury Schweppes align its employees with business goals and develop consistent standards for conducting global employee performance appraisals. In deploying SuccessFactors, the company’s leaders and managers have advanced tools for elevating developmental discussions with colleagues and increasing employee engagement. The solutions offer support for a wide variety of languages, are easy to implement and train users on, and are scalable to grow with Cadbury Schweppes as the company’s requirements evolve.
SuccessFactors performance and talent management software includes recruiting management, goal management, succession management, 360-degree review, compensation planning, learning and development, and analytics and reporting applications. The solution creates a company-wide network of information related to employee performance, including skill-sets, interests, career aspirations, ability to relocate, experience, languages spoken and more. By providing deep, real-time, company-wide visibility into such critical performance data, companies are able to make better, more informed decisions about how to promote, recruit, compensate, reward and manage their entire employee base.
About Cadburys Schweppes
We are the world’s largest confectionery company and have a strong regional presence in beverages in the Americas and Australia. On 15 March 2007, we announced that we intended to separate our confectionery and Americas Beverages businesses, and this process is currently underway. With origins stretching back over 200 years, today our products - which include brands such as Cadbury, Schweppes, Halls, Trident, Dr Pepper, Snapple, Trebor, Dentyne, Bubblicious and Bassett - are enjoyed in almost every country around the world. We employ over 70,000 people.
About SuccessFactors, Inc.
SuccessFactors is the leading provider of on-demand employee performance and talent management solutions that enable organizations of every size, across every industry and geography, to achieve high-performing workforces by enabling goal alignment and execution, talent development and planning, and pay-for-performance initiatives. SuccessFactors currently has more than 1,750 customers across over 60 industries, with more than 3 million end users in over 156 countries using the application in 22 languages. Founded in 2001 with offices around the world, the company employs more than 700 people, all passionately focused on revolutionizing the future of work.
For more information, visit http://www.successfactors.com.
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