Cornerstone reinvents a system of work to improve resilience, growth and success for all
SANTA MONICA, Calif .– (COMMERCIAL THREAD) – Cornerstone OnDemand, Inc. (NASDAQ: CSOD) today unveiled its vision for a new “work system” designed to meet the transformative needs of the contemporary workforce. Cornerstone’s new work system will transform the way clients manage and grow their workforce by removing talent complexity and technology silos. It introduces a unified and holistic approach to talent that improves workforce agility and unites people and businesses on the path to success.
As organizations continue to transform to cope with the tectonic shifts of the past two years, they understand the need to focus on developing new and different skills, improving workforce readiness, and support for significant changes in the way work is done. This pressure for change has been building up for years, according to a recent report by McKinsey & Company. Long before the COVID-19 pandemic, senior executives regularly feared their organizations were too slow, too siled, too bogged down and too bureaucratic. Organizations today must focus on developing the skills that will ensure that their business as a whole, and each individual employee, is ready for the future.
Cornerstone’s vision is to unify technology, people and businesses with a new system of work that works for everyone. It is designed to help organizations prepare for the future by achieving large-scale transformative requalification, improving talent mobility, accelerating growth opportunities for their employees, and creating more agility and responsiveness to business. within their workforce. To bring this new vision to life, Cornerstone is focusing on several key principles of innovation:
- Advances in its main platforms and architecture: Cornerstone is committed to delivering value to its customers, regardless of the Cornerstone product or platform the organization uses. With the company’s commitment to technical excellence and its new open and flexible microservices architecture, Cornerstone can now accelerate the speed of innovation for customers by developing breakthroughs once and integrating them seamlessly into the entire working system of the company.
- Strengthening its AI technology and world-class skills: As the world reshapes the way it thinks about jobs and work in the future, Cornerstone envisions skills becoming the universal language of growth and success. Leveraging its proprietary AI engines, coupled with the expansion of the Cornerstone Skills Graph, Cornerstone is integrating its skills technology into this new system of work to help clients identify, align and accelerate the development of new skills within their workforce in order to create more opportunities, more fluidity and more connected, individualized, autonomous and competency-based experiences.
- Extension of curation and content distribution: To help organizations and their employees grow and align the right skills, Cornerstone is committed to improving workplace learning by leveraging research and its own data from over 75 million users to develop targeted and personalized content offerings that are linked to skill development and better enable timely, independent learning. The Cornerstone Content team will continue to focus on creating, expanding and maintaining the best learning content available through new partnerships and the production of new series from Cornerstone Originals.
- Reinventing a connected employee experience of consumer quality: Today’s workforce is more mobile, more diverse and more dynamic than ever. Employees want to grow and feel empowered, and organizations want to make sure they’re engaged and consistently productive, no matter where they work or how work is performed. To help organizations enter this modern working environment, Cornerstone is reinventing the look of the end user experience in this new working system. The company focuses on innovations that enable a smoother, fully connected and intuitive experience that constantly adapts to a user for a truly personalized development and growth experience at work.
“One of the biggest transformations in the business is the shift from a “work-centric” to “work-centric” architecture, essentially a shift from jobs to work, ”said Josh Bersin, global business analyst. ‘industry. “This shift is forcing companies to rebuild their talent practices around skills and abilities, rather than focusing on seniority, position or credentials. To fuel this change, companies need AI-powered skills systems that fuel recruitment, internal mobility, development, mentoring and, eventually, rewards, recognition and compensation. Cornerstone’s plans for such a holistic system go well beyond the company’s roots in learning and talent management and have enormous market potential.
“Our clients understand that their employees are the key to unleashing organizational agility, growth, innovation and success, especially as their business priorities and ways of working continue to change and evolve, ”said Ajay Awatramani, Product Manager, Cornerstone. “Our new innovations in architecture, AI, content and experience will enable talent leaders to focus on creating goal-driven cultures that provide their employees with new opportunities for development, innovation. , connection and prosperity, while keeping their teams aligned around a common destination and definition of Success. ”
To learn more about Cornerstone’s commitment to innovation, please attend the company’s customers and partners virtual conference, Cornerstone Convergence, November 16-17, 2021. Register for free here: https: / /www.cornerstoneconvergence.com/
Cornerstone powers the workforce ready for the future, with software and HR solutions designed to unite people, teams, technology and business, and inspire a work environment of growth, agility and success for all. With an AI-powered, competency-driven system designed for the contemporary workforce, we help organizations modernize the learning and development experience, deliver the most relevant content of any where, to accelerate the mobility of talent and career, and to establish skills as the universal language of growth and success throughout the company. Cornerstone serves more than 6,000 customers and 75 million users and is available in 180 countries and 50 languages. https://www.cornerstoneondemand.com/