I don’t often write about M&A transactions unless they’re strategic but this one points out an important topic. In the complex, competitive market for HR and learning solutions (it is the reddest of “red oceans” out there), companies have to focus on sales, marketing, and positioning to succeed.
BetterUp, a company known for its coaching network and AI assessment and development tools, just raised an additional $125 Million and is now valued at $1.73 Billion. This makes the company roughly two-thirds the valuation of CornerstoneOnDemand, a business with nearly a billion dollars in recurring revenue.
What’s up here?
Well BetterUp is a ... Read more»
Burnout is one of the biggest topics in the new world of work. In fact, it’s almost a fad to talk about it. People are tired, we have “zoom fatigue,” and last year the World Health Organization actually classified burnout as a disease.
What is burnout? According to the WHO it includes ... Read more»
This week we launch a year-long study of diversity, equity, and inclusion (DEI) programs in business and the results are disappointing. After billions of dollars invested in DEI training, tools, tech, and HR strategies, we haven’t moved the needle very far. In some respects, we’ve come a long way, but as our research discovered, only ... Read more»
Today Microsoft introduced an offering that is likely to transform the market for enterprise software: Microsoft Viva, a digital platform built on Microsoft 365 designed for the Employee Experience. Developed over several years and integrated with Microsoft Teams, Viva is an Employee Experience Platform carefully architected to leverage a company’s investment in existing ... Read more»
The market for employee surveys, feedback, and engagement tools is massive and it just got bigger. Workday announced plans to acquire Peakon, an enterprise-grade employee survey and feedback company, and integrate it deeply into the platform. (Deal was around $700M.)
Let me give you some perspective.
The market for employee listening platforms is ... Read more»
Help us find the answers!
Employee experience is a red hot topic. While many organizations are striving to become “irresistible” to employees, it’s important to know what’s hype and what really matters. So we’ve decided to conduct a massive research study.
Employee Experience has become a crusade. Every HR and IT department is focused on it, and the marketplace has exploded. In fact, if you total up the tools spent on surveys, feedback, case management, knowledge management, and portals it’s well over a $15 Billion market today, and it leverages more than $200 billion in training, ... Read more»
After a long and wild pandemic year, it’s time to talk about 2021. And I think it’s going to be amazing.
Last year we redesigned our products, services, and offerings to be digital, safe, and delivered with “low touch.” We refocused our leadership on empathy, growth, and change. And we took care of our ... Read more»
We’ve had almost a year of remote work, and the transformation has been amazing. Today, among those who can, 71% of Americans work from home most of the time, 87% say they have excellent tools, and employees are roughly as engaged as they were before the Pandemic.
But there is a huge gap... Read more»
After more than 40 years, Work isn’t as different as we think it is.
Every day I get up early and read my emails, and sure enough, there are at least ten messages from magazines, authors, book publishers, or consultants about “the future of work” or “the end of work” or “the new world of ... Read more»
We’ve learned a lot in 2020 and many of us are happy to put it in the rearview mirror. But as we look ahead to the new year, I think there are a lot of positives to bring forward. (Our Predictions will be out in Jan.)
First, we learned to be humble.
The Virus is ... Read more»
As we enter 2021 and look at all radical changes in work, technology, and HR, it’s time to reflect on where we are. The world is responding to the Pandemic, technology is advancing at an incredible rate, and we are literally reinventing the workplace in real-time.
Every year for 18 years I’ve written an encyclopedic report on the HR Technology market. It takes thousands of hours and I talk with hundreds of vendors, buyers, and consultants. This year I feel like I went over the top – the report is 44,00 words (150+ pages) of detail on every part of the ... Read more»
Oracle has been in the HR software business a long time. The company had its original Oracle e-Business suite for years, then acquired both Taleo (recruiting) and PeopleSoft, and now has thousands of customers running it’s core HR and payroll software. When Workday and SuccessFactors launched their cloud strategies in the late 2000s, Oracle pivoted ... Read more»