Category: HR Technology

Gloat Lands $90 Million Investment from Generation, Al Gore’s VC Firm

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»

A Front Row Seat At Workday DevCon

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»

New Research: Cloud-Based HCM Can Redefine Employee Experience

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»

ServiceNow Acquires Hitch: Entering The Skills And HCM Market

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»

Update From The Workday Innovation Summit: Lots Of Growth Ahead.

I just finished a day with the Workday executive team at their analyst Innovation Summit (entitled “The Power To Adapt”). Let me share my perspectives.

Workday’s Growth Will Continue

Despite the pandemic and lots of changes in the tech landscape, the company is doing very well. With a 22% subscription growth rate and nearly $5 ... Read more»

HR Technology Market Disrupted: Employee Experience Is Now The Core

For decades companies have embraced HR technology by starting at the “core.” This “core” was always considered the payroll system, HRMS (employee system of record), and foundational infrastructure, often called HCM.

Companies select these Core Systems first, spend millions to tens of millions of dollars to implement them, and then they “lay other tools on ... Read more»

Cornerstone Acquires EdCast: Corporate Learning Market Disrupted

Today Cornerstone made a big announcement: the acquisition of EdCast, one of the leaders and pioneers in Learning Experience Platforms.

While this may not be a huge deal financially, it will have a huge impact on the corporate learning market, setting off reverberations for years to come.

Background On The Space

Cornerstone is a ... Read more»

Irresistible. The Global Conference for HR Leaders and Their Teams

After two years of the pandemic, it’s time to come together again. In a spirit of celebration and joy, I want to announce our new conference Irresistible, The Global Conference for HR Leaders and Their Teams. And you are going to want to come!

When?  May 23-25, Los Angeles California. (press release ... Read more»

Building A Company Skills Strategy: Harder (and More Important) Than It Looks

Over the last few months, we’ve spent a lot of time helping companies build their end-to-end skills strategy. And it’s not as easy as it looks.

In this article, I’d like to share a few of the things we’ve discovered.

1/ Skills Strategy is Not A New Topic

Many companies think that building a “skills-based ... Read more»

Could Darwinbox Become The Next Workday?

This month Darwinbox, an HR Tech company you probably haven’t heard of,  received $72 Million in funding at a billion-dollar valuation. And while the company is still relatively new (founded in 2015), it may be the “next Workday” I’ve been searching for over the last few years.

First, a little history.

Workday, as many know, ... Read more»

Predictions for 2022: Everything Is About To Change

Well, it’s time to talk about predictions for 2022, and the number one theme is change.

And in a sense, everything is about to change.

If you think back about where we are, it has been 14 years since the 2008 financial crisis, and we’ve been through digital transformation, economic hyper-growth, a stock market ... Read more»

The Mad Scramble To Lead The Talent Marketplace Market

With the labor market fully disrupted, companies are heavily pushing toward internal development. And one key to this strategy is the adoption of what we now call the Talent Marketplace.

As I’ve written about in the past, a Talent Marketplace is a unique and special HR platform that lets employees find internal positions, ... Read more»

Nextdoor: The Antidote To The Metaverse

Imagine a social network where you actually know everyone you interact with?

Imagine a social network where you trust all the people you talk with?

Imagine a social network where kindness is more important than anger?

Imagine a social network that’s local and not remote?

Imagine a social network that talks about dogs, and ... Read more»

What Is The Metaverse? Facebook’s Strategy And How Microsoft, Disney, and Amazon Could Win.

What Is A Metaverse?

Simply put, a Metaverse is a digital space represented by digital representations of people, places, and things. In other words, it’s a “digital world” with real people represented by digital objects.

In many ways, Microsoft Teams or Zoom is already a form of a Metaverse. You are “there” in the room, ... Read more»