April 9, 2018 – Finance firm SoFi and Korn Ferry have formed a partnership, giving SoFi’s nearly half million members free access to the search firm’s career development platform. The partnership marks the first time a financial services company has offered KF Advance to its customers. SoFi and Korn Ferry piloted the offering earlier this year.
“Following an incredibly successful pilot period with SoFi, we’re proud to be formalizing this partnership,” said Bryan Ackermann, Korn Ferry’s senior vice president and chief information officer. “We’re excited to see the difference we’re able to make in each individual’s life.”
SoFi career solutions powered by KF Advance offers online assessments, resume review, career coaching and other services that leverage Korn Ferry’s vast IP and consulting expertise. Through KF Advance, “job seekers find the expertise they need and the encouragement they desire to find the career path that will bring them more purpose and passion and elevate their performance through features including resume-parsing technology and personalized strengths assessments,” the organizations said.
SoFi and Korn Ferry piloted the offering in the first quarter of 2018, with over 350 SoFi members receiving complimentary access to the KF Advance platform. Pilot participants reported an aggregate 96 percent satisfaction rate in post-access surveys, suggesting both strong demand and enthusiasm for the platform.
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“At SoFi, we’re focused on how we can help our members get ahead financially, and a huge piece of that is career success and satisfaction,” said Libby Leffler, VP of membership for the firm. “While we already conduct over 1,000 career counseling sessions in-house per quarter, this collaboration will allow us to deepen the career guidance we’re able to offer and increase the number of members we’re able to help.”
SoFi members can access the KF Advance benefits including career coaching, resume review and personal branding guidance by visiting the dedicated SoFi-powered-by-KF-Advance site at https://kfadvance.com/sofi/.
Firms Helping Candidates Develop
Search firms continue to break into new areas, be it through acquisition, alliances or providing new services. It’s a trend being seen at both large firms and small boutiques as recruiters look to provide clients with services for finding, assessing, onboarding and retaining their senior-level talent. Here’s a look at a few examples culled from the Hunt Scanlon Media archives:
Michael Kelly Associates and Change, Development & Leadership Consulting formed a strategic partnership to focus on employee engagement to foster team building and a united corporate culture for maximum effectiveness. The alliance focuses not only on applying MKA’s knowledge of executive search, but also on enhancing culture through CDL Consulting’s leadership …
Heidrick & Struggles recently formed its new business unit, Heidrick Consulting, bringing together a suite of offerings from its leadership consulting and culture shaping businesses. It offers leadership services in leadership assessment & development, organization & team effectiveness, and culture shaping, all as a full complement to its core executive search business.
ALSpective expanded with the addition of Juliane Nitsche and Michel Moutier as partners and advisors. The pair’s responsibilities include leadership consulting with a specialization in well-being & performance as well as strategy and board services with a new offering in change management.
Major, Lindsey & Africa recently launched a new service known as Legal Talent Management Consulting. Led by Miriam Frank, a partner and vice president, the offering provides lawyers and legal teams with customized consulting services designed to increase performance, productivity and engagement.
Odgers Berndtson expanded its leadership practice to include executive and team leadership assessment, coaching and onboarding. Organizational psychologist Dr. Robert Satterwhite is spearheading the new effort. Dr. Satterwhite has extensive experience designing and delivering robust assessments for measuring executives’ potential, readiness and fit.
Morgan Samuels acquired human capital consulting firm Delivery Point Advisors. The company offers a spectrum of solutions designed to help clients unlock potential from their people, including executive assessment and development, high performance team building, functional assessment and …
Greenwood / Asher & Associates and The Devine Group, a behavioral assessment and development organization, formed a strategic alliance to leverage and integrate the science of predictive talent analytics into the executive search and leadership development process. The partnership is designed to tailor an assessment to higher education position profiles.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Andrew W. Mitchell, Managing Editor – Hunt Scanlon Media