As released to ASX on 26 October 2018

Key highlights:

  • Davidson is one of Australia’s largest multi-disciplinary consulting and recruitment companies

  • Gooroo technology to be licensed internally and to Davidson clients

  • Initial 3 year agreement for Davidson to distribute and implement Gooroo

Davidson is one of Australia’s oldest, most respected and largest privately-owned recruitment and consulting firms. Davidson is continuously innovating and offering leading-edge services for its clients as the world and future of work rapidly develops. They source and place thousands of candidates each year. Its growing consulting practice works with clients to build leaders, transform workforces and prepare organisations for the future.

Davidson identified Gooroo technology as offering capability that adds value to their business and their clients.

Davidson has signed an initial 12 month paid licence agreement for use internally, and a 3 year distribution partnership agreement where Gooroo technology will be recommended and integrated across key clients. Davidson intend to promote Gooroo and each client will be required to purchase their own Gooroo license. Initial client discussions are now underway.

Licences consist of an annual fee (based on organisation size) plus usage (consumption) fees for each candidate and staff member profiled and managed in the Gooroo platform. Gooroo will also charge implementation, training and development fees, as applicable, for each client implementation. Davidson staff will be trained in Gooroo technology to support client implementation and use.

Davidson and Gooroo also intend to co-design programs that can be offered in market which help build organisational collaboration, performance, measurement and tracking of cultural alignment.

Comments from Steve Paola, Group Manager, HR Consulting

Davidson’s strategy to innovate and bring new capabilities to clients is key to our differentiation and success. The changing dynamics in work and transformational demands on leaders is placing pressure on boards and management teams to rethink how they’re shaping their organisation for the future. Hiring accuracy, employee engagement, collaboration and cultural alignment are key challenges, and we have been impressed with Gooroo’s comprehensive platform. Gooroo helps us deliver new and innovative solutions to our clients.

Comments from Greg Muller, CEO Gooroo

As innovation and technology plays an ever-increasing role in workplace performance, we are excited to be working with Davidson. Davidson has very strong and strategic client relationships that work to solve challenges beyond recruitment. They understand that for their clients to survive and thrive, there is an urgent need to prepare for the future. We are looking forward to supporting Davidson’s growth strategy.

Visit the Davidson website: https://www.davidsonwp.com/

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