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Today's economic environment is forcing organizations to get the most from what they've already got in terms of both people and technology. In the midst of corporate restructuring, downsizing, and hiring freezes, the imperative to retain and develop an organization's best talent has become the gold standard. When it comes to impacting succession management, Aberdeen's research shows that companies with an integrated software solution comprised of ERP, HRIS, and Talent Management suite software all from the same vendor are achieving significantly greater year-over-year gains in related key performance indicators (KPI) as compared to the aggregate of companies with the same systems from multiple vendors or those without a talent management suite in place.
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