Kenexa, a global provider of business solutions for human resources, today announced the launch of Kenexa 2x PerformTM, which offers integrated, enterprise-class performance management, succession and compensation planning tools to drive organizational alignment and ensure top performers are retained and engaged.
Built on the Kenexa 2x platform, the new solution complements Kenexa’s other integrated talent management solutions (i.e. Recruiting and Onboarding) by automating and integrating goals, appraisals, compensation, competencies, development, career path and succession planning. The web-based Kenexa 2x Perform ensures that companies have all valuable talent information in one place to enable quick informed decisions that positively impact business outcomes. In addition, with targeted development plans and career paths that are aligned with both individual and organizational goals, Kenexa 2x Perform identifies high potentials and top performers early, ensuring sustainable high engagement and performance across an organization.
“Providing a solution that integrates functions and data that traditionally have been siloed, means businesses can achieve greater efficiency, enabling maximized performance and results. What’s more, the solution leverages talent data and tools to help companies achieve greater flexibility and better plan for future growth,” Kenexa’s Eric Lochner, President, Global Talent Management commented.
With a strategic reward system in place, including pay for performance, Kenexa 2x Perform ensures that individuals are recognized and compensated appropriately, which promotes higher levels of engagement and retention while adhering to budget restrictions. The solution also increases manager effectiveness by arming managers with the tools and skills needed to inspire, motivate and manage performance. The Unified Talent Record enables data sharing across the organization and across applications, allowing for the organization-wide analysis of talent inventory and current and future competency gaps.
“Effectively integrating performance management with succession management and compensation management can deliver up to 100% better business results,” said Stacia Sherman Garr, senior analyst, Bersin & Associates. “Kenexa’s 2x Perform is designed to help organizations more efficiently integrate these talent processes – all in an environment that supports mobile and social technologies.”
“We selected Kenexa’s 2xPerform as our enterprise performance management solution because we wanted an integrated talent management solution that could parallel and enhance our current practices in Performance Management, Recruiting and Onboarding. As an Early Adopter, we are excited to be working with Kenexa and are hopeful that Kenexa's 2x Perform will meet our talent management needs today and going forward,” said Brigid Pelino, senior vice president, Human Resources, Tim Hortons Inc.
The Kenexa 2x platform was designed to integrate all talent management functions and data, including a unified talent record, mobile tools and robust analytics, into one single system that provides a consistent user interface, security features and reporting engine while allowing for a customer’s future global expansion. The powerful performance management software gives companies the information they need to make strategic decisions based on a holistic view of their workforce. Kenexa’s Software-as-a-Service (SaaS) model is complemented by its drive to deliver extreme service with a commitment to accuracy, timeliness, responsiveness, proactivity and mutual learning.