It was recently announced that Oracle was acquiring Taleo, which offers a full suite of talent management applications, including recruiting, performance management, compensation management, employee development and succession planning.
What do you get when a large company purchases talent management software from a mammoth vendor, who just acquired another large talent management company?
Answer: Slow dependable software that does not allow you to scale your talent management strategy to your business strategy.
Don’t get me wrong, dependable is good but not at the expense of being able to leverage technology software to meet a talent management need. For any strategic HR leader, Taleo is like a boat anchor dragging you down to the bottom of the HR strategy world. If your business leaders need you to move quickly to respond to competitor activity or to meet new market demands, Oracle/Taleo is not your answer, it’s your nemesis.
Sure in the short-term, Oracle will make more money and squeeze the current Taleo shackles even more firmly on the firms that are currently locked into long-term contracts. Oracle will tell its clients that many new dazzling changes are forthcoming and that the platform will not only continue to be dependable but great and fast too. Hopefully if you’re a Taleo client you will understand that big just got bigger and your ability to become more strategic in HR will become even more obsolete.
Initially your CEO, CFO and others in your company will be ecstatic about Oracle’s acquisition of Taleo, as they think about cost savings, software and data integration, better data, etc. but over time the pressure will be on you to produce an even better HR strategy with better HR operational results. In the end the software will not allow you to be nimble and to meet quick industry shifts. When you cannot produce better or even good results with the expensive Oracle Taleo product suite, the company executives will point at the only person who could be holding it back: YOU
So think again if you think the Oracle Taleo acquisition will put some zip in your talent management step. The only zip will be the new zip code you may have to move to, to start a new job.