Assess Systems continued its growth in the assessment and leadership development segments of the HR industry with its announcement that the company exceeded all business goals set for 2011
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Assess Systems continued its unprecedented growth in the assessment and leadership development segments of the Human Capital Management market and announced today that the company exceeded all business goals set for 2011.
Assess reported $5 million in new direct business and a growth in revenue of 27 percent over 2010. The company also renewed 100 percent of clients who were up for renewal. Direct client growth accounted for 80 percent of their business, and the company’s indirect channel partners have also been gaining traction by providing their customers with improved assessment solutions.
Assess added a number of marquee clients, including A|X Armani Exchange, CarMax, Red Robin International, Inc., 7-Eleven, La Quinta Inns & Suites, and OSI Restaurant Partners.
Assess Systems conducted over three million assessments in 2011, reflecting business growth due in part to their focus in the service-related industries such as restaurant, retail, hospitality and call centers. As part of its business strategy, Assess focused on industries whose talent makes a bigger impact on brand and business outcomes. Retailers, restaurants and hotels are representative of the types of businesses that rely on the quality of their talent. Because these segments typically experience high turnover, finding and retaining talent is acute. Assess Systems demonstrated the impact of talent on business outcomes by conducting fifty studies demonstrating the relationship between talent assessment results and performance outcomes.
“Companies are focused on optimizing the money spent on talent acquisition and on how to improve organizational effectiveness with their current employees, which translates to leadership development,” said Stephen Sasser, president and chief executive officer of Assess Systems. “We are able to have strategic conversations with our clients about enhancing and connecting their talent selection and leadership development initiatives to drive improved organization performance.”
Sasser attributes the company’s ongoing success to three main factors. First, Assess continues to execute well on client opportunities. Second, the company continues to invest in expanding the breadth of its selection and development solutions; and third, the company continues to extend its reach through relationships with global partners in the human capital software and consulting arenas.
For more information on Assess Systems, please visit www.assess-systems.com
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Matt Lafata, HRchitect