While many of us soaked up the sun at the beach and enjoyed fun trips with our families, at Cornerstone, we kept our eyes on the prize this past quarter and have some exciting things to share. Q3 was filled with new product enhancements, expanded thoughtful partnerships, a big return to in-person events(!), continued success for our customers and tremendous company growth.
Here are just a few of our favorite highlights from Q3:
- We closed our acquisition of SumTotal
- Expanded our executive leadership team to build out our expertise
- Won several new customer and leadership awards
- Recemented our focus on our growing content business
- Attended HR Tech and caught up with the industry's brightest minds
So if you like great news, customer successes, patting selves on backs and bulleted lists, this is the Q3 Cornerstone recap blog for you.
Answering the increased demand for learning content and enhancing our product portfolio
Our customers’ demand for modern content and continuous skill-building opportunities only increased in Q3. You wanted more creative ways to develop and provide the type of content your people need to succeed in today’s workforce, which is precisely why we were so excited to announce the launch of our newest learning series, Skills for Scale.
Launching with ten courses that help you and your people develop the most critical business and leadership skills of the future — known as power skills — Skills for Scale is a partnership with WaitWhat’s award-winning media property, Masters of Scale. All Cornerstone Content Anytime customers can access this new series right now!
And improvements weren’t just on the content side. In Q3, EdCast, our industry-leading LXP, saw multiple advancements. You can now access new skills capabilities, deepened cross-platform integrations and more intuitive insights and dashboards — just to name a few.
Remaining customer-obsessed with good reason
This wouldn’t be a quarterly update if we didn’t properly give a “shout-out” to some of the amazing companies we work with and highlight some of the awards we’ve won together.
In Q3, customers like BBVA saw great success leveraging our tools to develop and enhance its employee growth strategies and manage various talent areas, including recruitment, assessment, learning and mobility.
The Estée Lauder Companies took home a Brandon Hall Group Excellence Award for “Best Launch of a Corporate Learning University,” a recognition Cornerstone was proud to have helped them achieve.
We also had the opportunity to welcome a new group of customers to the Cornerstone family in Q3, including:
- National Express
- National Debt Relief
- McInnes Cooper
- Helios Technologies
- State of South Dakota
- Florida Department of Corrections
- New Work
And we expanded our existing relationships with:
- New Belgium Brewing
- Bryan Health
- Enterprise Holdings
- Westlake Chemical
- DMG Mori USA
Growing the Cornerstone family
Q3 kicked off with another exciting acquisition, welcoming SumTotal to the Cornerstone crew. You’ll now have more options, more expertise and more flexibility across Cornerstone. Innovations quickly followed with the launch of SumTotal’s new Skills Blueprint product add-on in partnership with Lightcast. The partnership promises to supercharge your upskilling, reskilling and talent development efforts. We have a feeling this is just the beginning of more exciting innovations to come.
SumTotal wasn’t the only exciting addition to Cornerstone. In Q3, we welcomed a lineup of top industry experts to our Executive Leadership team to help support our customers’ rapid growth trajectories. Join us in welcoming our newest leaders:
- Ben Brewer, Chief Sales Officer, Americas
- Karthik Suri, Chief Product Officer
- Marc Ramos, Chief Learning Officer
- Deepika Rayala, Chief Digital and Information Officer
- Scott McDermott, Chief Accounting Officer
- Ed Kaufman, General Counsel
And a big shoutout to two Cornerstars who took on elevated roles in Q3, accepting promotions into new executive positions:
- Jim Gill, Executive Vice President, Cornerstone & General Manager, SumTotal
- Toya Del Valle, Chief Customer Officer
In the words of our very own CEO, Himanshu Palsule, “We have cemented an exceptional lineup of leaders who are simply unmatched in knowledge, experience and passion.” We couldn’t agree more.
Cementing our position as an innovative industry leader
In Q3, thanks to the support of our customers, we received significant recognition for our product innovation, leadership, career growth opportunities and more. Their feedback and support helped us win multiple industry awards, like:
- Best Talent Management Software from the SoftwareReviews Data Quadrant Awards
- Finalist for L&D Supplier and Workplace Culture from the Personnel Today Awards
- Outstanding Executive from the Global Business Excellence Awards
- Best Company for Career Growth from the Comparably Awards
- Executive of the Year from the International Business Awards
And we saw continued industry recognition from some of our most reputable industry experts and reports, like:
- Ranking on Talented Learning’s 2022 Top 20 All-Purpose Learning System
- Named a Leader by Everest Group’s Learning Experience Platform PEAK Matrix Assessment
Our executive leadership team joined the spotlight, too, showcasing their industry thought leadership during some incredibly impactful webinars and live sessions.
In Q3, we continued the discussion surrounding our 2022 global research study, Thriving in the Global Skills Shortage: Your Path Through the Wilderness, with our Director of Product Marketing Jennifer Whitmer and VP of Strategic Initiatives Mike Bollinger. During an exclusive LinkedIn live session, Jennifer and Mike discussed rising skills development trends and shared five concrete steps to improve your organization’s skills development program.
Our Chief Customer Officer Toya Del Valle also shared her insights as she sat down with global industry analyst Josh Bersin to discuss how streamlined employee experience is vital to building skills and improving retention.
Unpacking industry trends with our peers and customers – in person!
Cornerstone made a triumphant return to the annual HR Tech conference in Q3. We embraced the sights, the face-to-face interactions and, most importantly, the trends!
This year’s conference spanned a myriad of topics at the forefront of everyone’s minds — from the evolving hybrid workplace to unlocking talent data with skills technology and so much more. We also had a chance to take part in the discussions, leading two thought-provoking sessions. Cornerstone VP of Content Summer Salomonsen led a session about how to build modern and effective content strategies. At the same time, VP of Product Marketing and Customer Experience Katie Ballantyne presented the first-ever demo of Cornerstone’s new solutions ecosystem. You can check out our full HR Tech recap here.
And, since we’re on the topic of events...
Some might say we saved the best for last, and they would be right! Because how could we possibly close out this Q3 roundup without mentioning Cornerstone Convergence 2022? That’s right, we’re coming back live and in person for our annual Convergence conference, and we couldn’t be more excited. From our dynamic keynote speakers to more than 75 breakout sessions with Cornerstone customers, product experts and industry thought leaders, the opportunities will be limitless, and we’re counting down the days. Don’t worry; if you can’t make it, we’ll tell you how everything went when we’re recapping Q4!
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Erfolge im Sommer — eine (bescheidene) Präsentation unseres kontinuierlichen Wachstums in Q3 2022
Während viele von uns die Sonne am Strand genossen und schöne Reisen mit ihren Familien unternommen haben, haben wir bei Cornerstone die Erfolge im vergangenen Quartal im Auge behalten – und einige aufregende Dinge mitzuteilen. In Q3 gab es jede Menge Produktverbesserungen, wir konnten viele Partnerschaften ausbauen und endlich wieder persönliche Events (!) durchführen. Unsere Kunden konnten weiterhin tolle Erfolge feiern und wir ein enormes Unternehmenswachstum.
Cornerstone erwartet eine starke Geschäftsdynamik für 2022
Wachstum im Online-Lernen, kundenorientierte Produktinnovationen, Anerkennung in der Branche und geplante Übernahme von EdCast sorgen für Dynamik im ersten Quartal
Cheers to a year of innovation – closing out Q4 strong at Cornerstone
If Q4 cemented one thing, it's that our industry is ripe for reinvention. We’ve watched as talent experience continued to take on new meanings, adapting to the new world and new rules we’re living in. As leaders in the HR and talent space, we’re energized by the role we play at the forefront of this transformation, and the opportunity to create talent experiences that motivate, inspire and support people so they can reach limitless potential and success.