The corporate training industry is over $320 billion in size and growing in importance every day. Companies are struggling with employee retention, transformation, and challenges with hybrid work while technologies and industries change faster than ever. How can CEOs and CHROs keep up? The answer is very clear: build an enterprise capability in learning, capability ... Read more»
Unbelievable. After four months of worries about a recession and a steady increase in interest rates, today the BLS reported that 528,000 jobs were created and the unemployment rate dropped to 3.5%. This is the lowest it has been since 1969, a year when I was in middle school.
And at the same time ... Read more»
This week Microsoft slipped in a little product launch that is more significant than you think: a new application in the Microsoft Viva family called Viva Engage. And it has a lot of implications for HR and collaboration software.
Here’s a shocking statistic: 15.8% of Americans now take regular medication for depression or anxiety, and it reaches 25% for those under the age of 30. And as of May this year, 39% of Americans experienced some form of anxiety or depression in the last four weeks.
Stress, anxiety, and depression are becoming the biggest ... Read more»
We have been analyzing data in our Global HR Capability Project and the results are striking. Among the 7,300 HR professionals who have completed our assessment (available to all Josh Bersin Company corporate members), the highest growth companies have significantly deeper HR skills in very important areas.
Here’s the data. We assessed more than ... Read more»
I’ve had many conversations with business and HR leaders about the economy in the last few weeks, and many are worried about a downturn. I just don’t see it happening.
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.
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: 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.)
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»