Insights on Corporate Talent, Learning, and HR Technology
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»
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»
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»
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»
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»
Today Degreed, one of the leading providers of Learning Experience Platforms, announced its acquisition of Adepto, a London-based provider of contract and gig work systems. The company positions itself as providing a “total talent” platform, because they help companies manage the ongoing shift from “jobs to work” and what I often call the new “Pixelated ... Read more»
In software development, there is a concept of the “full-stack engineer,” someone who knows hardware, operating system, database, applications, user interface, design, and mobile applications. These magic individuals are among the most valued in business: they can architect new systems, debug the most difficult problems, and serve as big thinkers for technologists everywhere.
I ... Read more»
One of the hottest topics in business today is upskilling, reskilling, and redefining jobs for the future of work. It’s so rampant that 34% of CEOs now rate it one of their “top three threats to growth.”
It’s a big and complex topic, and one that I often feel is out of control. Companies ... Read more»
For years leaders have grown their companies by issuing the demand “go out and hire someone who knows how to do this!” This approach leads HR departments and hiring managers to retain expensive recruiting firms, spend millions of dollars on recruitment advertising, and often hire expensive sourcers to try to “steal” great talent from competitors.... Read more»
This week was Workday Rising, the annual confab of 14,000+ Workday customers, partners, and fans. And as always, it met expectations. Not only did Jerry Seinfeld remind us that “we’ve lost interest in life, now we’re only interested in battery life,” but Workday unleashed a torrent of new talent applications, many of which are going ... Read more»
Corporate training and development has been through quite a journey. Twenty years ago companies built physical universities (GE’s Crotonville, Accenture St. Charles), hired faculty and college professors, and sent their employees to courses. During my time at IBM in the 1980s, I flew to education centers all over the country, sitting in front ... Read more»
