Insights on Corporate Talent, Learning, and HR Technology
I travel a lot for work. Last year I think I flew almost 300,000 miles, and while it takes a toll on my sleep, it’s energizing, educational, and lets me go out and serve my clients.
And as I travel I’ve always been amazed by how many people I see in airports. Almost all the ... Read more»
Today CornerstoneOnDemand announced plans to acquire Saba, cementing the consolidation of the enterprise learning management systems market. Together, the combined company would have total recurring revenue of around $818 Million in 2019, making the company a near billion-dollar recurring revenue company.
While this makes Cornerstone a force to be reckoned with, it represents the ... Read more»
A lot has been going on in the learning tech space. While the LXP market continues to be on fire (it’s over $200 M today and easily doubling on an annual basis), the space is growing up. And vendors like Microsoft, EdCast, Instilled and others are starting to change the market.
Microsoft’s Moves
First, let ... Read more»
We just completed a two-day strategy meeting with Reliance Industries, one of the largest and most profitable companies in India.
The company runs the world’s largest oil refinery, operates the fastest-growing retail network (groceries, clothing, and electronics), and has launched the world’s biggest 4G VoLTE network Jio.
It’s a fascinating company that innovates, executes, ... Read more»
As I’ve discussed in several articles, the hyper-competitive job market has made internal mobility one of the most important strategies in HR. LinkedIn’s latest study (2020 Global Talent Trends) found that over 70% of organizations are now focused on “internal recruiting” and that companies with active internal career management programs have 41% higher retention ... Read more»
In all my years as a working professional, I’ve never lived in an economy where “there are not enough workers.” But that’s where we are.
For the next ten years, the term “shortage of talent” is going to be one of the most important topics in business.
Consider a few striking statistics:
2020 will be a year of reinvention. As we enter the thirteenth year since the global economic meltdown, businesses are seeing slowing but continued growth, uncertainty about politics and global migration, and tremendous stresses in the workforce.
Not only is unemployment historically low, the birth rate has declined, creating a world where companies need to ... Read more»
In 2014 I wrote a speech titled “Simply Irresistible,” describing the need to rethink the concepts of employee engagement. That speech, which turned into a research model, described how meaningful work, sound management, an inclusive environment, growth, and leadership were all part of building an irresistible work experience.
Since then there have been ... Read more»
Mark your calendar for June 8-10 in sunny Los Angeles on the USC campus as we debut our first professional development conference, JBA Live!
Why another HR conference? Well, this will be the first global industry conference dedicated to the professional development of HR. Our senior faculty and many senior HR leaders around ... Read more»
HR Transformation is a big topic.
The human resources function starts small, and as the organization grows, the HR team becomes complex. We need recruiters, business partners, specialists, designers, technologists, and a variety of other specialists in diversity, culture, learning, and more.
It’s a perfect market for consultants. Most HR departments grow organically (and through ... Read more»
I’ve been writing about the explosion of Skills Ontologies from Workday, Degreed, EdCast, Gloat, Fuel 50, and others. Well today Cornerstone, the largest provider of Learning Management Systems, just entered the war through the acquisition of Clustree.
What’s really going on?
It’s pretty simple. In today’s world of work, jobs are changing so ... Read more»
Employee Experience (now called EX) has become one of the biggest priorities in business. Faced with skills and people shortages in every industry, companies are bending over backward to make employees’ lives better. And this has set off an enormous industry of consultants, tools, and books focused on the topic.
Let me give you a ... Read more»
In the Fall of 2018 Workday introduced the Skills Cloud, a new offering designed to help companies create a “skills ontology” that discovers the skills (and skill gaps) in your workforce. While it sounded like a fascinating concept, we hadn’t heard much about it until Workday Rising this Fall.
Well, I just spent a ... Read more»
The market for corporate training and education (including onboarding, leadership development, and compliance) is well over $240 billion around the world, and as much as 14% of this goes into technology. A variety of small and large companies are chasing this $20+ billion market and the war is hotter than ever.
At the core of ... Read more»
Every year I talk with hundreds of HR technology companies, visit hundreds of clients, and embark on many case studies about new ideas and solutions. And one thing is crystal clear: it is impossible to run a great HR function without a heavy focus on technology.
And to meet all this demand, the marketplace has ... Read more»