Provides holistic leadership support for companies from high-level vision and strategy to goals and solutions for individual employees
LONDON, UK. – May 19, 2010 – Today, SuccessFactors, Inc. (NASDAQ: SFSF), the global leader in business execution software, and McKinney Rogers, a global firm of business execution professionals, announced they are launching a strategic global partnership to deliver a truly holistic business execution solution. The partnership will provide leadership developments and a suite of tools and processes to support the alignment of leaders’ goals with all individuals’ goals across an organisation, in order to deliver business critical results.
According to the Harvard Business Review, more than 90 percent of strategies fail due to poor execution. Executing on a strategy requires aligning a wide set of factors to objectives and ensuring they are delivered. The strategy needs be aligned with the organisation’s vision, and the organisation’s culture, values and behaviours all need to support the strategy. Most organisations experience failures in some or all of these key areas. SuccessFactors and McKinney Rogers are partnering to provide a comprehensive response to these challenges.
“SuccessFactors has always been focused on helping our customers execute on their business strategies,” said Jay Larson, vice president of field operations, SuccessFactors. “Launching our joint offering with McKinney Rogers offers a unique opportunity for our customers. They can implement McKinney Rogers’ world class strategy execution methodology using their SuccessFactors’ BizX software suite. The combination of McKinney Rogers’ expertise and SuccessFactors’ products helps connect HR to business strategy and can produce breakthrough business results for our customers worldwide.”
“At McKinney Rogers we work with C-suite executive teams from some of the leading organisations across the world to take strategy and make it happen,” said Damian McKinney, CEO and founder of McKinney Rogers. “We are extremely excited about our partnership with SuccessFactors, as together we can now provide a holistic business execution offering from company vision, high performance leadership and team development, true accountability for delivery throughout the organisation and the agility to meet head on any challenges and yet still deliver on your mission.”
“I have worked with both McKinney Rogers and SuccessFactors for a number of years. McKinney Rogers has truly unleashed the power of individuals in Bacardi, allowing us to become a high performing team and align our organisation to our vision. SuccessFactors has helped us ensure that all individuals are clear on their personal performance goals and through its software we have enhanced the people management of our company,” said John Esposito, CEO, Bacardi Americas. “Now that McKinney Rogers and SuccessFactors have formed a partnership to combine their capabilities into one end-to-end solution, I believe that this will revolutionize how companies drive world class business execution.”
The joint offering will help organisations to:
•Set the vision, articulate what success looks like and ensure clear and simple missions are communicated through cascading and transparent processes.
•Provide tools and resources for clarifying missions and embedding a high performance culture with leadership and team behaviors required for success.
•Provide tools for monitoring progress toward key objectives, and for making sure the performance of all people delivering on those goals is maximised.
•Identify key resources and talent within the organisation to enable business execution.
•Provide long-term consultative support to address issues hindering successful execution.
McKinney Rogers joins the SuccessFactors Partner Programme as a Strategic SuccessServices partner.
SuccessFactors is the leading provider of cloud-based Business Execution (BizX) software solutions to organizations of all sizes, with more than 8 million users across multiple industries and geographies. We strive to delight our customers by delivering innovative solutions, a broad range of content, process expertise and best practices knowledge gained from serving our large and varied customer base. Today, we have more than 3,200 customers in more than 168 countries using our application suite in 34 languages.
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About McKinney Rogers
McKinney Rogers (www.mckinneyrogers.com) is a global firm of business execution professionals. Our approach, Mission Leadership ™, takes its inspiration from military philosophy and focuses on how clients can execute brilliantly in challenging an ever-changing business environments. Clients such as Bacardi, Grohe, Pfizer, Wal-Mart and the NFL use McKinney Rogers to align their organizations to deliver outstanding performance. McKinney Rogers has operations in the U.S., UK, Europe, Africa, Asia and Latin America.
This joint release shall not be construed as an endorsement of the other party. Furthermore, each party remains the owner of its respective trade names and logos.
"Safe harbor" statement under the Private Securities Litigation Reform Act of 1995:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E 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 growth prospects. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include: our ability to retain customers and to experience high customer renewal rates; whether customers renew their agreements for additional modules or users; pricing pressures; the uncertain impact of the overall global economic conditions, including on customers, prospective customers and partners, renewal rates and length of sales cycles; the fact that the business execution market is at an early stage of development, and may not develop as rapidly as we anticipate; risks related to the integration of the acquisitions, including retaining customers and employees and managing geographically-dispersed operations; competitive factors; outages or security breaches; our ability to develop, and market acceptance of, new services; the impact of any discovered product defects or outages; our ability to continue to sell our services outside the HR area; our ability to manage our growth; our ability to successfully expand our sales force and its effectiveness; whether our resellers and other partners will be successful in marketing our products; our ability to continue to manage expenses; the impact of unforeseen expenses, including as a result of integrating acquisitions; and general economic conditions worldwide. If any such risks or uncertainties materialise 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 these forward-looking statements is included in the section entitled "Risk Factors" in our Annual Report on Form 10-K 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.
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