Insights on Corporate Talent, Learning, and HR Technology
Today Gloat, one of the leading players in the Talent Marketplace space, announced a $90 Million investment from Generation Investment Management, the firm led by Al Gore.
This story has two parts: first the large investment in Gloat, and second the thinking beyond a Sustainability fund investing in HR Tech.
Why Gloat Is So Highly ... Read more»
If anyone ever tells you it’s easy to build a startup software company, don’t listen to them. That’s the story of Degreed, one of the darlings of the corporate learning industry, now going through a rebirth as the market continues to change.
Let me tell you the story.
About a decade ago, three companies (Degreed, ... Read more»
This week I spent a day at Workday’s DevCon, the company’s fast-growing application developer conference, and there is a lot to talk about.
Let me start with a simple reminder: for all its strategy, sales, and marketing, Workday is essentially a software company. The Workday platform is a marvel of technology, and over ... Read more»
Despite the biting headlines about the stock market correction and possible economic slowdown, one thing is very clear. Jobs are being created.
This week’s BLS study shows that the US unemployment rate remains very low at 3.6% and is 2.2% lower than a year ago. In other words, companies are hiring.
EMSI believes there are ... Read more»
We just completed two years of research on cloud-based HCM (human capital management) systems and the results are striking. Among the 35+ implementations we studied, the findings are now clear: these systems do much more than clean up IT systems: they transform the employee experience.
Just to be clear, the cloud as a computing ... Read more»
Today was a pretty iconic announcement:Â after decades of investment, Skillsoft decided to give up on the LMS market and sell SumTotal Systems to Cornerstone for $200 Million.
While I don’t have any details on the deal yet, this pretty much ends the innovative phase of the Learning Management Systems market, clearly marking a ... Read more»
It has been a decade since I’ve written about this, but the time is coming. Companies are starting to lay people off again. Not only Tesla, but hundreds of tech companies are announcing force reductions, so get ready for more. (You can now go to Layoffs.fyi and actually monitor this in real-time.)
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In many cases, ... Read more»
Today was some big news. ServiceNow, the leader in enterprise workflow and employee experience platforms, announced the acquisition of Hitch, a small player in the massive market for skills technology and talent marketplace solutions. This puts ServiceNow in direct competition with Workday, Oracle, SAP, and a flurry of others, and opens up the big ... Read more»
Such a crazy, disruptive, surprising world. One day it’s a pandemic, then a war, then inflation, and now a mass shooting. As I watched George Carlin’s documentary this week I had to reflect: maybe he was right. Are we really a species that may not survive?
Well, let me make you feel a little better. ... Read more»
This week we launch our Irresistible Conference at the same time the stock market has plunged, interest and mortgage rates are rising, and economists are worried about a recession. It reminds me of our first Impact conference in 2008, which we launched the month the financial meltdown began.
Whether the economy goes down or ... Read more»
One of the most frustrating, tired, and archaic HR practices is performance management. Most of us have had horror stories with our “performance appraisals,” leading HR leaders to try to reinvent performance management all the time.
We went from top-down cascading goals in the early 2000s to Continuous Performance Management in 2010 to new discussions ... Read more»
Over the last few months, the stock and bond markets have been devastated. After nearly twelve years of effectively zero interest rates, the US Fed is raising rates steadily. Why? The government has been flooding the market with cash for a decade and it’s time to clean things up.
While this is not going to ... Read more»
The employee listening market and analytics market is getting hotter by the minute. Today I’d like to discuss two important new products in the market..
ChartHop Introduces Visual People Analytics
The first is the introduction of a company that I am excited about called ChartHop. Chart hop is a visual management tool that positions ... Read more»
The Creator Market has been unleashed, eating everything in its path. TikTok’s revenue jumped to $34 Billion last year and this year (2022) it could be more than twice this number. And TikTok, as a company, doesn’t build any content at all.
This new industry, the Creator Market, is responsible for the fastest-growing companies in ... Read more»
The Talent Marketplace space is red hot. Driven by the hot job market, companies are snatching up tools to improve internal mobility and the Talent Marketplace segment has become essential.
This space, pioneered by vendors like Gloat and Fuel50, was designed to use AI and skills inference to help employees find internal jobs, roles, projects, ... Read more»
