One of the more disruptive HR Tech vendors is Degreed. I met with the founders early on (David Blake and later Chris McCarthy) and they had a vision: reinvent the way people develop their careers (not exactly a new idea). Initially the company intended to build a B2C network of professionals learning from each other, ... Read more»
Category: Enterprise Learning
Enterprise Learning covers all aspects of employee development, training, leadership development, and the operations, governance, technologies, and tools of corporate training. This is a $240 billion industry filled with complex and powerful solutions to help people learn and progress at work.
The Technology Marketplace is filled with growth, and the Pandemic has just accelerated the pace. As of last year, the tech industry makes up about 12% of US GDP and includes more than 18 million jobs. Since the Pandemic this industry has exploded in growth and is now an even larger part of the economy.... Read more»
Yesterday I read a fascinating study by Dice, one of the leading tech recruitment firms. Amazingly, despite all the talk about Zoom Fatigue and all the challenges with children, dogs, and family distractions at home, people LOVE remote work.
Look at the data. First, almost 2/3 of tech workers would prefer to work at ... Read more»
Over the last five years companies have been working to improve internal talent mobility. Not only does it save money on recruiting, it enables companies to find internal expertise which is often hidden in the organization. And it creates a strong sense of engagement and belonging in the workforce.
Why is this such a big ... Read more»
The corporate learning industry is over $240 billion in size and is critical to our economic future. All workers need to keep their skills current and the Pandemic has created more need to learn than ever.
It has been quite an exciting year. We formally launched the Josh Bersin Academy in May of 2019, with the intention of being “The Professional Development Academy” for HR professionals around the world. Well, today we are announcing that we have reached more than 10,000 members from more than 90 countries, and the growth ... Read more»
I want to tell a story about an entrepreneur, and in the process tell you the story of an industry: the industry of online learning.
It All Started in 1998
The Netscape Browser was launched in 1994, and within four years (1998) a cottage industry of online learning had begun. Internet bandwidth was spotty, video ... Read more»
We have been very busy over the last few months, with more than 200 CHRO interviews, dozens of webcasts, and lots of surveys and study, we’ve tried to get ahead of the Coronavirus response. Well today we launched the beginning of our resources to help you: the “Responding to COVID-19” Learner Journey in the Josh ... Read more»
In November of 2018, LinkedIn acquired Glint, an emerging leader in employee engagement and survey technology. Well, it seemed like a good idea at the time, and now the romance has paid off. Glint and LinkedIn Learning have gotten married.
Let me try to explain.
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.
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»
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»