SAN MATEO, Calif., May 19, 2011 /PRNewswire/ -- 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 organization, in order to deliver
business critical results.
(Logo:
http://photos.prnewswire.com/prnh/20110509/SF97767LOGO)
(Logo:
http://photos.prnewswire.com/prnh/20110519/SF04496LOGO)
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
organization's vision, and the organization's culture, values and
behaviors all need to support the strategy. Most organizations
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 organizations 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 organization 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 organization 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 organizations 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 maximized.
- Identify key resources and talent within the organization to
enable business execution.
- Provide long-term consultative support to address issues
hindering successful execution.
McKinney Rogers joins the
SuccessFactors Partner Program as a Strategic SuccessServices
partner.
About SuccessFactors
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.
Execution Is The Difference™
Follow us: http://twitter.com/SuccessFactors
Like us: http://facebook.com/SuccessFactors
Join us for SuccessConnect in Amsterdam, May
19-20 and Sydney,
Aug. 24-25:
http://www.successfactors.com/successconnect/.
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.
Contact:
For SuccessFactors media inquiries:
Andrea Meyer
+1.415.370.7329
ameyer@successfactors.com
For SuccessFactors investor inquiries:
Karen Moran
+1.650.645.4439
kmoran@successfactors.com
For McKinney Rogers media
inquiries:
Tim Prizeman
+44 (0)20 7242 2286
timp@kelsopr.com
SOURCE SuccessFactors, Inc.