Company Seeing Rapidly Accelerating Demand for Integrated Learning and Performance Management Solution
Santa Monica, CA, September 15, 2005 - Cornerstone OnDemand, a leading provider of integrated on-demand enterprise software solutions for talent management, today announced support for Bersin & Associates' recent report identifying integrated learning and performance management as an emerging trend in HR technology. Cornerstone OnDemand substantiates these research findings based on a 40% increase in demand from prospective clients for such integrated solutions over the last nine months of sales.
"The market now recognizes the strategic advantages offered through integrated employee performance management and development. Our clients are already realizing the substantial returns of true talent management," said Adam Miller, President and CEO, Cornerstone OnDemand. "They are helping their employees become more productive by more clearly aligning goals, more readily giving feedback on performance and competency gaps, more accurately targeting development requirements, and more effectively promoting from within."
Cornerstone OnDemand will distribute these research findings through a free webinar for HR and Learning professionals, featuring Bersin & Associates President, Josh Bersin. The webinar is scheduled for Thursday, September 22, at 2:00 p.m. EDT to discuss the state of the emerging talent management technology, and the benefits and ROI from an integrated learning and performance management system. All attendees to this webinar will receive a free copy of the Bersin & Associates research report titled The Convergence of Learning and Performance Management Systems: Has Talent Management Arrived? To register for this webinar, click here.
The expanding economy and the aging workforce are among the drivers generating the need for fully-integrated, more efficient training and development programs. Our research clearly points to the increased interest and adoption of talent management solutions," said Josh Bersin, president of Bersin & Associates, a research and advisory firm focused on corporate learning. "Cornerstone OnDemand recognized this market trend early on and responded with a fully integrated solution that leverages the benefits of on-demand technology. Today, Cornerstone is well positioned to be a significant force in the talent management space and has a solution that can help customers develop stronger workforces."
Cornerstone is a premier people development company. We believe people can achieve anything when they have the right development and growth opportunities. We offer organizations the technology, content, expertise and specialized focus to help them realize the potential of their people. Featuring comprehensive recruiting, personalized learning, modern training content, development-driven performance management and holistic employee data management and insights, Cornerstone’s people development solutions are used by more than 6,000 customers of all sizes, spanning more than 75 million users across over 180 countries and nearly 50 languages. Learn more at www.cornerstoneondemand.com.