As released to ASX on 16 April 2018

Key highlights:

  • TAG Financial Services signs with Gooroo on long-term deal
  • Gooroo platform will inform transformation as TAG readies for new phase of growth
  • TAG to participate in longitudinal research study

Gooroo Ventures Limited (“Gooroo” or “the Company”) confirms that it has reached agreement with financial services group, TAG Financial Services (“TAG”) in a multi-year subscription licence deal. Kicking off in June 2018, the deal delivers a subscription revenue stream that is projected to last three (3) years.

Gooroo will be implemented across the entire TAG business and will be used to:

Assess cultural alignment across the Board, management and staff
Inform how teams are constructed and optimised
Inform individual growth opportunities and succession planning
Hire new staff, including predictive matching and screening of incoming talent to maximise fit and performance.

The TAG Board has also agreed for Gooroo to run a longitudinal research study to evaluate and report on the results achieved across various team, customer and financial performance metrics.

Mark Templeton, Chief Executive Officer & Managing Director, TAG Financial Services
"TAG has a long and proud history for over 20 years. As a Board we have recognised that in order to achieve our strategic aspirations, we must take advantage of new technology that can help us prepare our business and team for the future. Gooroo provides scientific insights and tools that will inform our people strategy and how we design and develop our teams. We are very excited about the role and impact Gooroo will have."

Greg Muller, CEO of Gooroo Ventures
"TAG is a successful firm that has already established a strong team with an impressive growth history. Mark and his Board have recognised that the way the company identifies, organises and develops its human capital will directly influence the future growth of the firm and return to shareholders. We are also thrilled that the TAG Board has agreed to participate in a research study that will track the results achieved across the business. "

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