The Secrets of Kenexa are Finally Revealed

"Kenexa CEO Rudy Karsan is an incredibly smart (former actuary) and normally honest and straightforward guy. At least for the first three of the six years I've known him. He's certainly done an impressive job welding together the 27 companies he acquired in the last 21 years into Kenexa. The company expects to sell more than $220 million of its deep selection of HR software and services this year.

But when the company had its IPO nearly three years ago, it somehow slipped off the communications rails. Kenexa set up its revenue buckets for SEC-required reporting so that no one could figure out what the company was actually selling. And it has a large array of products and services, both in recruiting and assessment/performance, including employee surveys, where it is a giant like Gallup."

All of that ended last month.