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Taleo Announces Acquisition of WetFeet Talent Management Product

Wed, Oct 10, 2007

Articles

“Acquisition strengthens Taleo’s leading position in the retail industry”

Well, I guess its been a long time coming. Consolidation in the space was predictable and it will no doubt continue. I had the pleasure of working with Gary Alpert and the WetFeet team from late 2000 through the end of 2005 during my tenure as OVP of employment initiatives at Federated Department Stores/Macy’s Inc. After researching over a dozen different providers it was clear that WetFeet was the best fit for Federated. The results we accomplished were second to none and it could honestly not have occurred without the collaboration and expertise of the WetFeet Recruiter Team. Gary and the WetFeet team fall into what I consider to be a “learning organization”. They applied the knowledge gained from their research arm (led by Steve Pollock) to develop and deliver the best technology of the time. And, they continued to apply an approach of continued learning, evolution and improvement that grew from our shared experience and desire of providing a world-class experience to the job seeker to differentiate the employment brand.

Everything about the experience was positive – the user interface for both recruiters and candidates was truly the best available. The relationship established between WetFeet and Federated was world-class and should be the benchmark for all vendor/client relations. I believe I can even say we all came out the other side all the better for having had the opportunity to collaborate on such a significant business challenge. They clearly delivered above and beyond every day! We launched the initial system in late 2001 and in less than 4 years grew annual online hires to over 38,000. Keep in mind that at the time WetFeet was a company of about 25 people supporting a company of 110,000, hiring approximately 100,000 people annually. We went on to develop a groundbreaking piece of technology together, Interview Scheduling Management, that took the recruiter and candidate experience even further and advanced Federated’s growth in recruitment efficiencies and market positioning. Candidates actually wrote back to tell us how much they appreciate the new technology! If you’re interested in reading about ISM, later called ESM – Enterprise Scheduling Management, you can link to a white paper published through HCI – Human Capital Institute.

CHEERS! to Gary and the WetFeet Recruiter Team! You are an awesome group. I am honored to have had the opportunity to work with all of you and I salute your outstanding results and contribution to the recruitment space.

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This post was written by:

Susan Burns - who has written 22 posts on Cheezhead Recruiting News and Opinion.

As president and founder of Talent Synchronicity, Susan develops talent strategy solutions through an integrated alignment with core business functions and processes. Susan weaves together technology, social media, branding, P & L experience, and alignment with business directives to create intrinsic value in strategic recruitment and talent initiatives. Susan also serves as executive director for The Future of Talent - a community of senior talent leaders influencing the future of talent strategies to guide their organizations to achieve sustainable and competitive practices. Previously, Susan was Worldwide Talent Acquisition Leader with Waggener Edstrom Worldwide, the second largest privately held PR firm. Susan was responsible for leading and developing a global talent attraction and acquisition function, a workforce planning model, and Agency Executive Board guidance. Prior to Waggener Edstrom, Susan was Operating Vice President of Employment Initiatives and College Relations for Federated Department Stores (Macy's Inc), the parent company of Macy's and Bloomingdales. Susan led the transformation of Federated's recruitment process, employment brand and recruiting technology through a number of key initiatives. Additionally, through her leadership of Federated’s college relations program the company was recognized by Business Week as one of the Top 50 employers for new college graduates. Consulting Services Include: • Integrated Recruitment and Talent Management Strategy Design and Development • Employment Brand Differentiation • Social Media Strategy • Workforce/Talent Planning • Recruitment Leader Development • University Recruitment and Relations Strategy • Recruitment Team Structure and Processes

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