Insights on Corporate Talent, Learning, and HR Technology
Career management covers the way companies move people from job to job, how people progress and advance in the company, and how people move into different leadership roles. It is a very fast-changing part of organizations and a tremendously important part of employment brand.
We just released new research on Career Pathways, a bold corporate innovation that creates non-linear career paths for workers with any education. This approach, which has been pioneered by companies like Walmart, Amazon, Mercy BonSecours, and others, has the potential to transform jobs, companies, and the economy. (More details here.)
But first, ... Read more»
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»
Welcome to 2022. The job market is a bit crazy and we’re in for one of the most dynamic years in our lives. Let me try to explain what’s going on.
First, let’s discuss the Great Resignation (which I call The Great Migration). People are quitting their companies, changing careers, and upgrading their jobs ... Read more»
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»
The corporate training and skills development market is massive. Today it’s over $360 Billion and growing by almost 8% this year. Why the explosive growth? It’s simple: every individual, employee, and company is upskilling themselves for careers and growth.
For companies, the mandate is clear: the average company spends $1500 or more per employee each ... Read more»
This week Cornerstone, the largest provider of corporate learning technology (and LMS), launched a new product that is likely to change the market. Cornerstone Xplor, a new skills-based, AI-powered platform designed as an LXP, talent mobility, career, and skills platform, has the potential to change the L&D landscape. Let me explain why.
First, Cornerstone ... Read more»
As I talked about in Ten New Truths for HR Tech, Microsoft is upsetting the entire work-tech market. Not only is Viva on the agenda for every HR and IT department we talk with, Microsoft is doubling down. Today Microsoft announced plans to acquire Ally.io, a fast-growing OKR goal management platform with more ... Read more»
Now that companies are having such a hard time hiring, there is a massive trend toward the internal Talent Marketplace. As I described in my HR Technology 2022 speech last week, this is a bold new market, one which eventually become a standard part of every company’s infrastructure.
We can now welcome iCIMS to ... Read more»
The job market is more dynamic than ever, and I think we can stop using the word “labor” to talk about what’s going on. Let me explain.
Government organizations like the Department of Labor, Bureau of Labor Statistics, and even labor unions are named around the concept of people as workers. In the industrial age ... Read more»
After many years studying the topics of corporate training, recruiting, mobility, and succession, we’re finally seeing the future of jobs and skills. And in this podcast, I try to summarize what’s going on.
Let me briefly discuss the issues here, and you’ll see much more to come in the Josh Bersin Academy and our research.... Read more»
Let’s face it, recruiting is getting tough. With more than 14 million jobs open in the US and people getting on planes and going back to restaurants, demand for everything has skyrocketed. And as most of you know, the supply chain of people is stretched thin.
As companies build their hybrid work strategies (our new ... 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 EdCast joins the list of vendors who announced products for intelligent talent mobility, career pathing, skills matching, and talent marketplace. It’s a big move by Edcast (putting them directly in the mix with Workday, Gloat, Degreed, Fuel50, Eightfold.ai, and others), but it also points to something bigger: the market for talent management ... Read more»
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»
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»
