Electrolux Broadens Relationship
with Cornerstone OnDemand for
Global Talent Management Needs
SANTA MONICA, Calif. — Oct. 18, 2016 — Cornerstone OnDemand (NASDAQ:CSOD), today announced that Electrolux, a leading global appliance manufacturer, is expanding its use of Cornerstone’s cloud-based talent management software solutions in an effort to support the company in executing its business strategy.
Electrolux, which has been using Cornerstone Recruiting for more than a year, plans to further leverage capabilities from Cornerstone’s talent management suite. This includes implementing solutions for learning management, performance management, succession planning, and compensation management, as well as utilizing Cornerstone Link, the software company’s recently released solution for people data management.
Headquartered in Stockholm, Electrolux is a global leader in household appliances and appliances for professional use, selling more than 60 million products to customers in more than 150 markets every year. Known for its commitment to continuous product innovation, Electrolux aimed to implement an equally innovative approach to talent management across its global operations.
Global Alignment at Electrolux
Following a successful implementation of Cornerstone Recruiting, Electrolux now plans, as a next step, a region by region introduction of Cornerstone’s talent management suite across its salaried employee population. Enhancements to its current talent management initiatives will include:
- Globally aligned employee data. Leveraging Cornerstone Link, Electrolux will have a global repository of employee data to have more visibility of their organization and make better business decisions.
- Enhanced learning and development. Through Cornerstone Learning, Electrolux employees will be able to access critical training, as well as participate in handpicked development courses.
- Efficient compensation management. Cornerstone Compensation will enable an intuitive line manager-facing annual salary review process to facilitate Electrolux’s pay-for-performance approach.
- Consistent and aligned performance. Cornerstone Performance and Cornerstone Succession will support strategy execution through objectives alignment, continuous feedback and development plans that are in line with future organizational needs.
Comments on the News
“During the last 18 months, we have worked together with Cornerstone to make our recruitment module implementation a success,” said Andreas Olofsson, vice president of HR Projects, Group HR, Electrolux. “We now look forward to a period of close collaboration and partnership developing the other talent management functionalities in order to support our managers execute the business strategy.”
“Electrolux has a clear strategy to support the development of its employees, as well as the organization as a whole, by building a better foundation for global HR processes with our unified solution,” said Vincent Belliveau, executive vice president and general manager of Europe, Middle East and Africa (EMEA), Cornerstone OnDemand. “We’re excited to deliver a solution that not only meets the needs of Electrolux’s HR team and business leaders, but that will also ultimately help employees realize their potential.”
- For more information about Cornerstone’s unified talent management suite, visit www.cornerstoneondemand.com/products.
Electrolux is a global leader in home appliances, based on deep consumer insight and developed in close collaboration with professional users. We offer thoughtfully designed, innovative and sustainable solutions for households and businesses, with products such as refrigerators, dishwashers, washing machines, cookers, vacuum cleaners, air conditioners and small domestic appliances.
Under esteemed brands including Electrolux, AEG, Zanussi, Frigidaire and Electrolux Grand Cuisine, the Group sells more than 60 million products to customers in more than 150 countries every year. In 2015, Electrolux had sales of SEK 124 billion and about 58,000 employees.
Electrolux has been doing business since 1919. The headquarters are located in Stockholm, Sweden, and the Electrolux share ELUXb is listed on Nasdaq OMX Stockholm.
Cornerstone OnDemand (NASDAQ: CSOD) is the global leader in cloud-based learning and talent management software. The company’s solutions help organizations realize the potential of the modern workforce. From recruitment, onboarding, training and collaboration, to performance management, compensation, succession planning and analytics, Cornerstone is designed to enable a lifetime of learning and development that is fundamental to the growth of employees and organizations.
Based in Santa Monica, California, the company’s solutions are used by more than 2,700 clients worldwide, spanning 26.3 million users across 191 countries and 42 languages. To learn more about Cornerstone, visit us on Twitter, Facebook and our blog. www.cornerstoneondemand.com.
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