Insights on Corporate Talent, Learning, and HR Technology
Everywhere you go people are talking about inflation. And for good reason: this month we saw an annual 7% inflation rate, the biggest gain in 39 years. And as I see it, this is likely to continue, so what are we going to do?
First, Why The Inflation?
While there are many contributing causes, ... 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»
Of all the surprises from the pandemic, one of the biggest is the explosive growth of online coaching. It’s as if the virus hit us hard, disrupted us in unpredictable ways, and we’ve now unleashed the internet to help support each other.
I know this sounds a little altruistic, but how else can I explain ... 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»
The labor market has gone a bit crazy. In the United States, there are more than 161 million people working and 15.7 million jobs open. This means that roughly one in 10 seats in your office are empty, and you’re competing with everyone else for staff.
Adding to this frenzy, the job creation continues. ... Read more»
As the job market heats up again, companies are even more frantic to hire, reskill, and move people into new roles. And this has forced HR organizations to radically rethink what they do.
Let me suggest a major trend, one that we’ll uncover in our upcoming research on excellence in talent acquisition. Is it ... 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»
One of the most devilish problems in business is building and maintaining your job architecture. While it may sound geeky, it’s very important and it is much harder than you think.
Consider the enormous transformations taking place in the economy. Every job is being automated, enhanced, and changed by technology. Companies are moving into new ... 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»
Here we are, still facing the pandemic, and now we’re in a panic about service workers. Coffee shops, restaurants, and even gas stations can’t find staff, so they’re being “forced” to raise wages. In a recent NYT podcast a hotel owner bemoans how his employees keep asking for more money because “they don’t have the ... Read more»
We have been studying HR technology projects for years and they can be complex and risky. Companies tend to upgrade or replace of their core HCM technology every 7-8 years and when they do it’s a massive change. Not only is it expensive and time-consuming, but these projects can interrupt business growth and take attention ... Read more»
