Dr. Paul Leonardi Appointed to Prositions’ Board

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Prositions, Inc., creator of MentorString, the leading virtual mentoring software platform, announced today that renowned industry author and professor, Paul Leonardi, Ph.D., has joined the company’s Strategic Advisory Board.

“Dr. Leonardi is a highly respected thought leader in the field of social interaction and communication at work,” said Frank Russell, CEO of Prositions. “We are very excited to welcome him to our Board and look forward to his input, guidance and contribution as we continue to grow the company and add new functionality to our MentorString application.”

Dr. Leonardi is the Duca Family Professor of Technology Management at University of California, Santa Barbara (UCSB). He holds appointments in the Technology Management Program and the Department of Communication. He also serves as the Investment Group of Santa Barbara Founding Director of the new Master’s Technology Management Program at UCSB. He has authored dozens of articles and three books on innovation and organizational change.

“I am excited to be a part of Prositions’ Strategic Advisory Board,” said Dr. Leonardi. “The work they’re doing with their cloud-based software platform, MentorString, is truly revolutionary. I believe it has the potential to fundamentally change the way organizations mentor employees and build engagement.”

Dr. Leonardi has won numerous awards for his research from the Academy of Management, the American Sociological Association, the Alfred P. Sloan Foundation, the Association for Information Systems, the International Communication Association, the National Communication Association, and the National Science Foundation.

“Our new Advisory Board brings together the top thought leaders in our industry,” said Robin Salsberry, President and COO of Prositions. “Dr. Leonardi will make a significant contribution to the impressive team of experts we have on our Board.”

About Prositions
Prositions, Inc. is a rapidly growing Talent Transformation firm that offers career transition assistance, leadership development, performance coaching, and virtual mentoring services. It does this in a unique and advanced way, by combining the power of technology with an International network of coaching experts. Its latest software application, MentorString, enables organizations to leverage virtual mentoring and secure collaboration technology using the latest cloud-based, social and mobile technologies. For more information about Prositions and their unique solutions, visit http://prositions.com.

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Prositions Named Finalist for Two 2015 Prometheus Awards

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Prositions, Inc., a Talent Transformation company and creator of the MentorString software platform, has been selected as a finalist for the Breakout Company of the Year Award and its leader Frank Russell for the CEO of the Year Award at the annual Prometheus Awards presented by the Technology Association of Iowa (TAI).

The winner will be announced at the 10th annual Prometheus Awards Presentation Dinner on Thursday, April 16th at the Community Choice Credit Union Convention Center in Des Moines, IA.

“We’re honored and pleased to be selected in both of these categories,” said Robin Salsberry, President and COO of Prositions. “Last year was a great year for Prositions. With the launch of our latest software application, MentorString, and our capital raise of over $2.0 million, the company is truly poised for significant growth and expansion in the future.”

The Technology Association of Iowa established the Prometheus awards in 2006 to recognize the most remarkable companies in Iowa. Today, the Prometheus awards are one of Iowa’s most prestigious forms of recognition with hundreds of companies participating and competing for the awards.

“Frank is a truly remarkable entrepreneur and leader”, said Jill Dillenburg Director of Sales. “Prositions is his third successful company in Iowa and I’m thrilled to have joined the team. I’ve never met anyone who works harder and is more dedicated toward success. He is an inspiring example for us all.”

About the Prometheus Awards
The Prometheus Awards have been established as Iowa’s largest and most prestigious distinction dedicated to recognizing and celebrating the innovation and brilliance of Iowa’s high-tech industry. For more information about the Prometheus Awards and the Technology Association of Iowa, go to http://www.technologyiowa.org.

About Prositions
Prositions, Inc. is a rapidly growing Talent Transformation firm that offers career transition assistance, leadership development, performance coaching, and virtual mentoring services. It does this in a unique and advanced way, by combining the power of technology with an international network of certified coaches and mentors. Its latest software application, MentorString enables organizations to leverage virtual mentoring and secure collaboration capabilities using the latest cloud-based, social and mobile technologies. For more information about Prositions and their unique solutions, visit http://prositions.com.

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Prositions Reports Record Revenue Growth in 2014

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Last year was a huge year for Prositions, Inc., a leading provider of virtual mentoring software and coaching solutions. They contribute much of that success to the launch of their cloud-based software application, MentorString and the development of a new market segment called Virtual Mentoring Solutions (VMS).

The estimated global market for employee coaching and mentoring is $15 billion with a majority of that spent by North American organizations. What differentiates Prositions in this developing market is a combination of its cloud-based software application, a network of national and international coaches, and a supplementary suite of proprietary content.

“In 2014, we saw a significant growth in our revenue of 85%,” said Sam Gill, CFO of Prositions. “We’ve steadily seen tremendous growth year after year since our inception in 2011. We’ve also added several signature clients who are boosting our international footprint.”

To help fuel this rapid expansion, the company successfully closed another angel round of investments of $2 million in capital, bringing the total, since founding, to over $5 million. “While out leading the charge to raise investment funds, my team worked hard expanding the company, developing and building new customer relationships, and launching MentorString, and I’m very pleased with our results,” said Frank Russell, CEO. “I’m proud of the success we have seen this past year, and I’m also eager to continue expanding and capturing market share in 2015.”

Prositions’ local growth in Iowa has also been significant in 2014, with a 58% increase in staff (43% worldwide). They doubled their office space at their headquarters in Urbandale, IA and increased payroll by 48%.

In addition, Prositions implemented a new IT intern program for high school students participating in the HyperStream initiative sponsored by the Technology Association of Iowa (TAI). “Hiring IT interns has been very successful for us, and beneficial to their development.” says Robin Salsberry, President of Prositions. “One of the objectives of the TAI program is to encourage more young women to explore technology careers and we’re solid supporters of that kind of an initiative.”

About Prositions
Prositions, Inc. is a rapidly growing Talent Transformation firm that offers career transition assistance, leadership development, performance coaching, and virtual mentoring services. It does this in a unique and advanced way, by combining the power of technology with an International network of coaching experts. Its latest software application, MentorString enables organizations to leverage virtual mentoring and secure collaboration technology using the latest cloud-based, social and mobile technologies. For more information about Prositions and their unique solutions, visit http://prositions.com.

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Need Better Mentorship? Look to Better Tech

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MentorString HR TECHCovered by: HR Daily Advisor

Among the attendees at the conference was Prositions, a software and technology company based out of Iowa that specializes in products for talent acquisition, development, retention, and transition. One of the products they brought to the forefront this year was MentorString™, a virtual mentoring and social collaboration platform.

Prositions says that MentorString was created to address a very specific and high-priority challenge—human capital shortage. While over 60% of companies cite “leadership gaps” as a top business challenge, a mere 13% rate themselves as “excellent” in providing leadership training programs. With a majority of companies not prepared to develop their next generation of employees, MentorString is meant to fill this gap as a new internal collaboration tool to rival historically superior external tools such as Facebook and Linkedin.

Democratized Coaching

In a model Prositions refers to as “democratized coaching,” MentorString allows all employees within a company to build mentoring relationships and collaborative connections regardless of tenure or level of responsibility. Not only does this model improve communication at all levels and facilitate faster onboarding, but it’s also a great way to keep everyone engaged—freshly recruited talent can count on receiving wisdom from longtime members of the company, and upper level managers can collaborate with high-potential newcomers.

All of these connections are laid out for each individual via the most unique feature of MentorString, the String Diagram. The diagram’s visual map of the user’s connections can be sorted by a variety of filters, showing how groups, mentors, and peers are coming together in the organization’s virtual collaborative environment. Prositions says the product is ideal for companies ranging in size from a few hundred employees up to 100,000 or more.

Mentorship is important—but so is compliance. If you’re a California employer who provides mandatory harassment prevention training to supervisors under AB 1825, you are now also required to provide abusive conduct prevention training under AB 2053, which was passed on September 9, 2014 and takes effect on January 1, 2015. But not to worry—the definitive best practices report is here!

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Complimentary Mentoring Software for Veterans

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Prositions, Inc. today announced a new program to help veterans succeed on the job. The company is offering its newest cloud-based mentoring and collaboration software, MentorString, free to any organization that will use it to help veterans who need coaching and mentoring at work. According to a study published in the Journal of Psychology, research has shown that employees who receive mentoring are more likely to be promoted faster and receive more frequent pay raises than employees who don’t have access to these services.

“We started offering complimentary career coaching and mentoring services to veterans in 2011, when they started returning from Iraq and Afghanistan,” said Robin Salsberry, President of Prositions, Inc. “This program was very successful, so we expanded our offering in 2012 and 2013 to include any veteran who needed assistance.”

First released in 2014, MentorString is a revolutionary new software application that enables organizations to leverage virtual mentoring and secure social collaboration technology. The platform supports most types of mentoring programs, including career mentoring, performance coaching, leadership coaching, performance improvement, and on-boarding programs. It also includes built-in mentoring tips and a brand new library of MOOC-style videos based on the leading industry experts in mentoring skills, leadership skills and supervisory techniques.

“Now that many veterans have successfully entered the civilian workforce, they need to have continued encouragement and support from experienced leaders and mentors within those organizations,” said Craig Robbins, Director of Leadership Services and head of Prositions’ Veterans Program. “MentorString helps organizations automate the mentoring process and makes it much more cost effective and convenient for both the veteran and mentor to work together.”

Organizations that are interested in obtaining more information about, or participating in, this free program to support their internal employee veteran groups should contact Prositions at info@prositions.com or visit http://prositions.com.

About Prositions
Prositions, Inc. is a rapidly growing Talent Transformation firm that offers career transition assistance, leadership development, performance coaching, and retirement planning. It does this in a unique and advanced way, by combining the power of cloud-based technologies with an International network of coaching experts. Its latest software application, MentorString, enables organizations to leverage virtual mentoring and secure collaboration technology.

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New Funds Fuel Rapid Expansion of HR Technology Company

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Prositions, Inc. is pleased to announce it has successfully completed another angel round of investments, bringing the total raised by the company to $5 million. The latest round, completed in October, added another $2 million.

Prositions, Inc. is the leader in mentoring and coaching software and services for businesses and government agencies. This new investment will be used to further the company’s already impressive growth trajectory. Specifically, the funding will be used to scale the company, continue to enhance its cloud-based software application (MentorString), and grow the company’s expanding customer base.

“We truly appreciate the confidence expressed by our current and new angel investors,” said Frank Russell, CEO of Prositions. “We’ve attracted some very savvy investors who recognize our potential for exponential growth. This segment of the Talent Management market is undergoing a transformational change, and we believe we’re leading the charge in the virtual mentoring and collaboration space.”

MentorString is a cloud-based application that combines a virtual mentoring platform, along with a secure social collaboration capability. The software comes with a robust set of tools to help organizations automate and streamline their mentoring and coaching efforts. MentorString can also be used to enhance communication, collaboration, creativity and engagement within an organization.

“As a part of our expansion plans, we’ve recently moved our headquarters to a larger space in the same building complex,” said Sam Gill, CFO of Prositions. “We’ve also negotiated very favorable terms for contiguous office space to meet our future needs. This should allow us to continue to grow as planned, over the next year or so, without the need for another relocation.”

Prositions is a rapidly growing Talent Transformation company offering leadership development, performance coaching, talent coaching, career transition and retirement planning solutions. Prositions does this in a unique way by combining the power of advanced cloud-based and mobile technology with an international network of certified mentors and coaches. For more information about Prositions and their capabilities, visit http://prositions.com.

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Prositions Talent Transformation in the Cloud

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CIO Review Document

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Come Gather ‘Round People…. The Generational Change

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Generational ChangesCreated by: ELearning!

By Frank Russell

If you were a child of the ’60s, you probably recognize the beginning words of this Bob Dylan song that became a battle cry for generational change. Indeed, the quote, “Don’t trust anyone over 30!” was also coined during this turbulent era. I believe we are on the cusp of another generational transformation that could be even more profound. Today, the largest age group in America is 22 years old, which means the youngest workers are just beginning to enter the workforce. Many organizations are ill-equipped to manage Millennials, and older workers are delaying retirement while struggling to transfer knowledge to this younger workforce. These demographic changes mean new approaches are needed for mentoring and talent development systems.

Research has shown that effective mentoring programs can yield significant ROI for organizations. However, traditional programs have encountered serious roadblocks for the following reasons:

>> They are challenging to set up and administer.

>> It’s difficult to manually match up the best mentors with mentees.

>> It’s time consuming and inconvenient for busy participants to meet.

>> And often, because of costs, they only reach the top level of employees.

Fortunately, technologies such as mobile apps, social collaboration and virtual mentoring tools are changing the way organizations provide this necessary capability.

These new technologies:

>> Make coaching programs easier to implement and manage;

>> Provide auto match-up features to link the best mentors with mentees;

>> Use a variety of synchronous and asynchronous communication features for convenience and global reach; and

>> Significantly reduce costs, enabling more employees to participate and benefit.

As a bonus, these technologies can also help bridge the communication gap between the generations.

The traditional coaching model, which usually pairs an experienced senior executive with a junior employee, is typically one way, top-down. However, as coaching consultants, we’ve observed that mentors can actually learn a great deal from their mentees as well. This “reverse mentoring” process allows senior coaches to gain valuable insights from new employees who have grown up with social media and mobile apps.

The most significant productivity gains, however, come from systems that are set up for “democratized mentoring,” where anyone who has knowledge or expertise in an organization can contribute, collaborate and share with others.

Studies are now showing that these new social approaches can provide a number of additional benefits to organizations, including:

>> Increasing an employee’s speed to competence;

>> Finding and enabling hidden talent;

>> Providing a global platform for employees to collaborate; and

>> Improving employee retention and engagement.

While not a panacea for all mentoring challenges, social collaboration, combined with virtual coaching tools, certainly can reduce many of the problems that once existed for traditional mentoring programs.

Most importantly, these new tools and approaches can break down some of the bureaucratic barriers that continue to support glass ceilings and perpetuate exclusions for many groups. It can bridge the generation gap, as Millennials and Boomers help to develop each other, and embrace the title of Dylan’s song, “For the Times They Are a’ Changin’”!

—Frank Russell is the CEO of Prositions, Inc., a company that provides consulting and technology-based mentoring solutions for organizations. Contact him via email at frussell@prostions.com or visit the websitewww.prositions.com.

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CEOCFO Magazine Interviews Frank Russell, CEO of Prositions

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CEOCFOArticle

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New Virtual Mentoring Technology to Premiere in Orlando, Florida

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Prositions, Inc., will be featuring MentorString, at the 2014 Society for Human Resource Management (SHRM) Conference and Exposition June 22 through June 25 at the Orange County Convention Center in Orlando, Florida.

The annual conference is the world’s largest gathering of HR professionals attracting more than 14,000 attendees from presidents to directors and more. This year, there will be over 700 exhibitors showcasing products, services, and solutions.

The three-day conference will include educational sessions, covering topics in the areas of talent management, personal and leadership development and international HR. Those who attend SHRM will have the opportunity to earn credits towards recertification, further their executive education, and attend one and two-part seminars. Keynote Speakers include Mrs. Laura Bush, Robin Roberts, Tom Friedman and David Novak.

“We are looking forward to introducing our new virtual mentoring and collaboration platform, MentorString at this year’s conference,” said Jill Dillenburg, Director of Sales for Prositions. “We encourage everyone to stop by the Prositions booth #344 to see a demo and spin for a chance to win a Les Paul electric guitar.”

Prositions will also have world-renowned leadership expert and speaker John Parker Stewart, author of LEAD NOW!, at their booth to discuss how his leadership development system is being integrated into the MentorString system. “It is such a privilege for us to be partnering with the Prositions team,” said John Parker Stewart. “It is amazing to see what the marriage of cutting edge technology like MentorString and our latest leadership content from LEAD NOW! can do to revolutionize the leadership development industry.”

MentorString enables organizations to leverage virtual mentoring and secure social collaboration technology. It has a number of unique features that allow administrators and users to actually architect communication “strings” between those who have information and knowledge and those who need it. This streamlining of what was once a very tedious and manual process dramatically increases employee adoption rates and significantly reduces the overall cost of implementing coaching and mentoring programs for organizations of all sizes.

“We are extremely excited to unveil MentorString at this year’s SHRM conference. It’s a powerful technology with a robust set of tools allowing users to collaborate, share ideas, information and data,” commented Robin Salsberry, President, Prositions, Inc., “We believe MentorString will revolutionize the mentoring and coaching industry.”

Prositions

Prositions is a rapidly growing Talent Transformation company offering leadership development, performance coaching, talent coaching, career transition and retirement planning. Prositions does this in a distinct way by combining the power of advanced technology with an international network of leadership and career experts. For more information about Prositions and their unique solutions, visit http://prositions.com.

For more information on the conference visit http://annual.shrm.org/.

2014 SHRM Conference
Orange County Convention Center
9990 International Drive
Orlando, Florida 32819

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