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Vurv Announces Perform 4.0

Vurv Technology, a global provider of technology and services for building great workforces, today announced the forthcoming release of Vurv Perform 4.0, a new, integrated performance management offering for competency-based job modeling, career development, succession planning and compensation management.

Developed to deal with today's most pressing workforce issues, Perform 4.0 empowers organizations to take a revolutionary approach to performance management by moving from static or "rear-view mirror" performance management processes to proactive performance -- measuring, developing and rewarding individuals on criteria that define tomorrow's success.

Vurv Perform 4.0 is unique in its comprehensive built-in content library, system personalization, breadth and depth of decision support information, and business-process level integration. The powerful toolset empowers managers with the ability to quickly and easily identify high potential talent, imminent flight risk, and inequitable compensation.

To better address talent management issues surrounding retiring workers, new generations in the workforce, globalization and the increasing levels of internal mobility and turnover, Vurv Perform 4.0 lets users take corrective and preventative action with real-time potential and flight risk management, development plans, coaching and mentoring suggestions, and complex but objective and auditable compensation adjustments.

Built-In Competency, Position and Development Library With over 70, 000 content objects, Vurv Perform 4.0 delivers the industry's most comprehensive built-in content library, including more than 2, 000 coaching and mentoring suggestions, 2, 000 position model templates, 1, 750 competencies, and over 25, 000 interview questions.

The solution also includes easy-to-use authoring tools for editing and adding to these objects as needed. Robust, consistently developed content is critical for effectively defining and understanding an organization's talent "DNA" and measuring, developing and rewarding high-potential employees. Contrary to externally sourced or internally developed content which is often costly, time consuming and inconsistent, Vurv's built-in library enables improved consistency measures, accelerated deployment times and a lower total cost of ownership.

Leveraging the built-in competency library, Vurv Perform 4.0 enables the automatic sourcing of development actions and learning opportunities for development plans. Users can also automatically create development plans from succession gaps. The integrated library of more than 2, 000 coaching and mentoring suggestions further enables comprehensive performance improvement plans, high-potential (HIPO) development plans and mentoring programs.



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