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»
Category: Talent Management
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.
I am constantly inspired by the ingenuity of the business community. As more than 20 million Americans find themselves out of work, employers are going through a similar level of angst. One company needs to lay off or furlough thousands of restaurant, retail, or airline workers, while another needs to hire thousands of people ... 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»
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»
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»
There’s no question we’re going to spend a lot of time in 2020 talking about the Future of Work, I’m getting asked about it constantly.
As I get ready to publish our prescriptions for the year ahead, let me mention the important topic of performance and rewards, because they are essential to the way people ... 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»
I’ve been hearing about “employee experience” everywhere. Almost every software vendor, HR consulting firm, and HR executive is trying to figure it out.
Why? Because the concept is very broad and vague, and in some sense it encompasses everything at work.
The term “employee experience” (EX) came out of AirBnB around 2017 when the company ... 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»
I hate buzzwords, and the word “human” seems to have become the next buzzword in HR. But after a two-day senior CHRO Summit we just completed with the UC Berkeley Haas Business School, I’ve just changed my mind. Thinking about Human values is now central to the CHRO’s job, and one of the most ... Read more»
Last week there was a lot of press about the Business Roundtable’s new manifesto, proclaiming that business’s role is to help all of society, not just shareholders. While it reads well, it’s no different from the book Conscious Capitalism, Liberating The Heroic Spirit of Business, written in 2013.
But that aside, this is ... Read more»