Insights on Corporate Talent, Learning, and HR Technology
We just finished a series of conversations with senior HR leaders about the topic of social justice. And the consensus is yes, we need to give people a safe place to discuss these issues at work. But let’s not let it get out of hand.
As many of you may have read, last week a ... Read more»
The global recovery from the Pandemic is creating some pretty big changes: people working remotely, new safety and wellbeing programs, and more digital tools than ever. But the biggest of all is now clear: we’re not going to have enough workers to go around.
I discussed this in an article last month, and this ... Read more»
The market for online performance management software has been fascinating. For more than a decade vendors have been building new tools to enable goal management, check-ins, feedback, and alignment. And now we’ve added surveys and feedback to the mix.
This week 15Five, one of the fastest-growing vendors, announced the acquisition of Emplify, a leading ... Read more»
We spent the last 15 months talking with hundreds of HR leaders about their well-being programs and the focus is massive. Companies are hiring Chief Health Officers, Head of Safety and Well-being, and Directors of Well-being like never before. In fact, there are 55,000 jobs now open for Directors of Wellbeing, VP’s of Wellbeing, or ... Read more»
Most people think of LinkedIn as a company that offers job search, recruiting, professional networking, and marketing tools for business. Well, based on today’s announcement, the company is now much more. LinkedIn is seriously in the HR technology business and well beyond ‘just recruiting’, unleashing its Learning Experience Platform (Learning Hub), skills taxonomy, and ... Read more»
One of the hottest markets in HR Tech is the market for what I call “SkillsTech,” tools that help categorize, assess, manage, and improve skills at work. It’s a massive space, and this week I produced a podcast to help you figure it out.
To clarify what this is all about, let me remind you ... Read more»
Degreed, the pioneering learning tech company that leads the Learning Experience Platform market, just received $153 Million in additional funding and is now valued at $1.4 Billion. With a compound growth rate of over 70%, more than 350 customers, and 7 million users, this is a reasonable valuation and shows how big this market ... Read more»
Oracle is a serious enterprise software company. I competed with Oracle in the 1980s and it was brutal. The company generated $39 Billion in revenue last year and made $15 Billion in operating profit, a metric most CFOs would die for. And over my 40+ years in tech, I’ve seen Oracle adapt to every technology ... Read more»
The Labor Market is changing fast. New jobs are being created at a record rate, remote work has now become standard fare, and the demand for service jobs is explosive. According to EMSI, there are 24% more jobs in the US than there were a year ago.
What are all these jobs? They’re in healthcare, ... Read more»
This week someone leaked a survey by Goldman Sachs which shows that new analysts often work more than 95 hours per week and sleep only 5 hours each night. The survey then points out that these employees’ mental and physical health has plummeted, with 100% stating that the workload has negatively impacted family relationships and ... Read more»
This week we are launching HR Technology 2021: The Definitive Guide. And as I describe in the press release, massive changes are taking place. You can download the report here.
Let me talk about why I call this shattering.
First, the HR Tech market is turned inside out – it’s entirely focused ... Read more»
Over the last few weeks, everyone has been excited about Microsoft Viva. Microsoft’s intense focus on the need to simplify and improve employee’s work lives has been wildly exciting and both buyers and vendors have been lining up.
But Microsoft isn’t the only vendor interested in this and Microsoft can’t do everything. So ServiceNow, ... Read more»
There’s no question in my mind, we are entering one of the hottest job markets in a decade.
Not only will the $1.9 Trillion American Rescue Plan boost the economy, we are already operating with 13% more open jobs than we had a year ago. And my own estimates (and Goldman Sachs) expect the ... Read more»
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.
Here’s the back story. Instructure... Read more»
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»