Washington, D.C. - July 10, 2007 - The Human Capital Institute (HCI), a global professional association and educator in talent management strategies, and Cornerstone OnDemand Inc., a provider of integrated, on-demand talent management solutions and services, announced today that Cornerstone OnDemand will support HCI initiatives as a global underwriter, helping bring the latest human capital education, metrics, and tools to leading corporations.
Cornerstone and the Human Capital Institute will form a strong foundation for the development of HCI research, education, events, and decision support tools. For HCI, the partnership results in counsel, real-time knowledge, and financial support.
As part of the agreement, Cornerstone will sponsor three HCI Masters Webcasts, a series of on-line learning events that explore new strategies and innovative thinking conducted by internationally renowned human capital and leadership experts. In addition, the company will sponsor an HCI City Talent Summit. City Summits are important regional events focused on helping cities, corporations, and educators collaborate to successfully attract, retain, nurture and develop talent in their city.
For Cornerstone, the partnership offers substantial benefits, including the opportunity for the company to better align its brand with human capital thought leadership, and connect to a growing community of professionals and potential clients. As a result of the agreement, HCI will also provide corporate membership, with associated access to education, resources, and tool sets, to Cornerstone's employee base and select client companies.
"HCI's alliance with Cornerstone OnDemand provides us with an opportunity to offer our members additional valuable resources," said Allan Schweyer, HCI's President & Executive Director. "We look forward to working with Cornerstone, a company that's on the leading edge of talent management."
"Cornerstone is pleased to be a global underwriter partner of the Human Capital Institute. We look forward to supporting the premier human capital management organization through sponsorships and participation in the promotion of talent management thought leadership," said Julie Norquist Roy, Director of Marketing, Cornerstone OnDemand, Inc.
ABOUT CORNERSTONE ONDEMAND, INC.
Cornerstone OnDemand helps organizations to empower their people and optimize workforce productivity by offering a comprehensive suite of talent management solutions for learning, performance, compensation, succession and compliance management, as well as robust reporting and analytics. Cornerstone also provides over 30,000 pre-integrated training titles. The Company's multi-tenant, multi-user software as a service (SaaS) architecture provides customers with rapid deployments, minimal IT costs, flexibility, reliability, and a lower total cost of ownership. Cornerstone's triple-digit growth has been supported by a market-leading customer retention rate. Marquee organizations such as Smith Barney, Pitney Bowes, Mt. Sinai, Honda, DIRECTV, Barnes & Noble, and Aon count on Cornerstone to help them achieve organizational excellence and competitive advantage. For more information, please visit: www.cornerstoneondemand.com
ABOUT THE HUMAN CAPITAL INSTITUTE
The Human Capital Institute is a global think tank, educator, and professional association defining the agenda and setting the pace for the new business science of human capital management. With over 80,000 members in over 40 countries, HCI offers a new association framework that cuts across the silos of recruitment, HR/OD, finance, sales and marketing, operations, manufacturing and IT. We provide key executives, line managers and human capital professionals with the newest education, most effective tools and best practices in talent strategy, acquisition, alignment, engagement, deployment, measurement, and retention. The future belongs to leaders with innovative ideas and strategic knowledge. We invite you to learn, share and grow your career with HCI's comprehensive resources, and join our high-achieving, forward-looking membership community. For more information, please visit: www.humancapitalinstitute.org
For more information, please visit http://www.cornerstoneondemand.com.
Cornerstone OnDemand, Inc.