Last month, Phil Saunders asked our Cornerstone Convergence attendees if 2020 was what they anticipated. For most of us, we can agree that a year ago, no one could have predicted what 2020 would bring.
The only thing for certain is that the future is here – and it arrived with a sense of urgency.
As the world rapidly evolves, high-performing businesses and the people who work for them will need to adapt and shift quickly to meet current demands. For businesses, this means they need agile workforces and deep knowledge of the unique skills their people have, the ability to redistribute skills as needed, and the flexibility to pivot and build new skills for tomorrow. For employees, it means having a solid understanding of the skills they currently have, the tools to learn new skills they will need for the future and be guided by a clear path forward.
The Cornerstone Skills Graph is an award-winning innovation
It’s why we’re so pleased to announce that the Cornerstone Skills Graph has been named one of the 2020 Top HR Products of the Year by Human Resource Executive. The Top HR Products winners and solutions will be showcased at the HR Technology Conference virtual event October 26 to 27.
How the Cornerstone Skills Graph supports strategic skilling for the new world of work
In the Cornerstone People Research Lab’s latest report on workforce trends, nearly half (40%) of employees lack confidence in their organization’s ability to develop their skills for the future.
With the Cornerstone Skills Graph organizations and their people can implement "strategic skilling" — the practice of matching skills to people, learning content and job roles — to predict, prepare for and quickly respond to dynamic business changes. Its skills engine and extensive skills ontology is built directly into Cornerstone’s people development solutions enabling clients to make better people decisions. The skills engine has over 3-billion terms for job skills across multiple languages consolidated into a library of 53K verified skills. This data allows companies to dynamically develop and deploy the right skills to projects, roles and key investments quickly and efficiently, which is increasingly important in times of change and uncertainty.
The Cornerstone Skills Graph also enables self-directed development in the flow of work through career journeys. The AI-driven features automate and scale skills identification, people development and career management for employees and the business – so everyone can realize their potential.
How the Cornerstone Skills Graph enables a dynamic and agile workforce
The coronavirus pandemic was the catalyst for the new world of work, coupled with social isolation, economic uncertainty, the fatiguing speed of change, and an abrupt shift to remote work. These disruptions have created a renewed focus on skills and agility to ensure an organization’s workforce can respond and thrive.
This shift has caused people to think and act differently in order to drive outcomes. And now more than ever, it’s important to understand the fundamental value your employees offer, so you, as a leader, can quickly manage workforce disruptions and optimize results.
Congratulations to all of this year’s recipients of the Top HR Products of the Year recognition!
Want to keep learning? Explore our products, customer stories, and the latest industry insights.
Symphony RetailAI and Cognita Schools: Successfully deploying a centralised HR process while meeting local needs
When you’re a global organisation, the idea of remote work is hardly novel. Coordinating employees spread across different countries and time zones has always been part of the job for HR departments of widespread organisations. However, managing this complexity is never easy, and success lies in choosing the right strategy: Is it better to have multiple decentralised local approaches, or a single centralised global one? Besides having a global footprint, Symphony RetailAI and Cognita Schools couldn’t be any more different. Yet they have both found success in managing their global teams by adopting similar approaches that leverage an AI-powered platform.
Spotlight on Eisai and Amplifon: Strengthening employees’ skills and competencies with effective L&D strategies
Learning and development strategies must continue to evolve in the ever-changing world of work. Training and development provide employees with a softer landing into change, and the introduction of digital learning and development platforms during the COVID-19 pandemic allowed employees a smoother transition into a new style of work.
Spotlight on Electrolux and Ageas: Preparing for and maintaining impactful learning programs
Driving business outcomes from an investment in learning content requires an engagement strategy that makes learning materials available and accessible to employees. Organisations need to launch and maintain learning programmes effectively to ensure they have maximum impact on both employees and the business as a whole. Both Ageas and Electrolux have successfully launched digital learning programmes, each taking steps to maintain and sustain engagement.