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Cornerstone Charts Strong 2022 Business Momentum

If our Q1 2022 trends are any indication, there's a rising demand at organisations for strategies and technologies that connect skills, learning, people experience and organisational agility.

We think that's because people want their organisation to invest in their skill growth and many organisations heard them and are evolving to meet these needs.

Milestones for the quarter included:

  • Accelerated online learning content adoption
  • Customer-driven enhancements to our product portfolio
  • Expansive industry recognition for product leadership and customer satisfaction
  • Pending strategic acquisition of EdCast to accelerate shared vision for reimagining the people growth experience at work
  • New efforts to support and train humanitarian aid workers in Ukraine via the Cornerstone OnDemand Foundation

Learning Content Consumption Accelerates

As the year kicked off, Cornerstone saw 10% year-over-year increase in learning content consumption and a 5% increase in time spent on learning across its global customer base.

  • This rise in learning content consumption highlights value of Cornerstone Content Anytime (CCA) to engage learners, build new inclusive skills and manage change with the top content consumption focused on remote work, mental health and wellness and unconscious bias.
  • The company launched several new content offerings in its award winning CCA subscriptions in the quarter, including a new season of Cornerstone Originals DNA focused on Sustainability and an exclusive partnership with Masters of Scale, a genre-defining podcast series on how to think boldly and differently about the world.
  • In response to world events, the Cornerstone OnDemand Foundation teamed up with its partners in Ukraine, including International Medical Corps, Mercy Corps and The KonTerra Group, to provide free, essential training in localised languages for humanitarian aid workers."
  • Cornerstone also released free learning content on Cornerstone Cares to support self-care and building resilience in times of crisis.

Product Enhancements and Adoption Drive Customer ROI and Growth

Customer-driven enhancements across the company’s product portfolio in Q1 included continued innovation in skills and people experience, as well as expanded reporting capabilities that give talent leaders deeper insight into their employees’ skills, growth, performance and engagement.

Cornerstone customers see the value of placing employee development and experience at the center of their people strategies, demonstrated with extended customer relationships with SunLife, The Bozzuto Group, Generali, DPDHL, Saint Gobain, Grupo Security SA, Sandals Resorts, Grupo Softtek and Banco de Credito e Inversiones. New customers adopting Cornerstone to support their people growth strategy included Kelly-Moore Paint Company, Inc., OSF Healthcare, NorthWestern Energy and London Borough of Haringey, Husqvarna.

“At Bozzuto, we’re passionate about empowering our people to learn and grow with us starting from the first day they join our team,” said Steven Fretwell, Vice President of Learning and Leadership at Bozzuto. “Like many organisations over the past couple of years, we went through an important shift to ensure our people felt supported. Cornerstone helped us create a sense of belonging for new team members, and we are excited about expanding our partnership with Cornerstone. We look forward to implementing more innovations to drive exceptional employee experience for our people.”

According to The Forrester Total Economic Impact™ for Cornerstone Learning and Content, an independent study commissioned by Cornerstone Q1 of 2022, customers investing in Cornerstone learning and content solutions realised a 543% return on investment.

Industry Recognition

In Q1, Cornerstone received significant recognition for the company’s product leadership, customer satisfaction and for its own approach to building a learning and growth culture.

Industry research from Fosway, Forrester, and Constellation Research note Cornerstone’s product and market leadership, including:

Independent review sites recognised Cornerstone for strong customer satisfaction, including:

Cornerstone was also recognised for fostering a culture of learning and growth for its employees.

In its report of the 100 Best Large Companies To Work For In LA, Built In recognised Cornerstone for its leadership in talent management and the company’s prioritisation of helping employees fulfill their career potential.

Looking Ahead

With Cornerstone's recent announcement of its planned acquisition of learning and talent experience leader, EdCast, the company is poised to accelerate its vision for the people growth experience. More details on how the acquisition will create new value for customers will be shared when the transaction closes, expected in the second quarter of 2022.

Renowned industry analyst Josh Bersin sees positive market impact for the combination: “Cornerstone has outperformed its competitors for years, largely through its culture of customer-centricity, market savvy, and tenacity. EdCast did the same. Once these management teams come together, I see nothing but growth in the future.”

1. Global Cornerstone learning consumption data, January 2021 – January 2022

Related Resources

Want to keep learning? Explore our products, customer stories, and the latest industry insights.

IDC MarketScape:統合型タレントマネジメントの世界的企業 2021年ベンダー評価

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IDC MarketScape:統合型タレントマネジメントの世界的企業 2021年ベンダー評価

コーナーストーンが「リーダー」に選ばれた理由 従業員体験は、企業の生産性、離職率、顧客満足度など、ビジネスの多くの側面に影響を与えます。統合タレントマネジメントは、彼らが体験する日常活動すべてに対する満足度を向上させます。 だからこそ、私たちはコーナーストーンが2021年のIDC MarketScapeレポートにおいて、統合タレントマネジメントの分野でグローバルリーダーの一社に選ばれたことを知っていただきたいのです。 IDCの定義によると、タレントマネジメントが貢献することとして、従業員の興味を引き、彼らの人財育成を支援し、報奨につなげ、人財としての確保を実現していくことが挙げられています。それらの目的は、人財の募集、採用者への初期対応と指導、教育と能力開発、活動評価、報奨の管理、キャリアアップと後継者選択の計画など多岐にわたる作業をコンピテンシーの管理や評価をもとに推進することで達成されます。 このレポートでIDCがコーナーストーンを高く評価した理由は以下のとおりです。 Sabaの研究開発チームが統合され、研究開発チームがさらに強化、拡大された スキルの特定、管理を可能にする機能が業界随一である 人財教育と能力開発の分野における優れた実績と豊富な経験・知識 IDCのレポートをダウンロードしてください。統合タレントマネジメントのベンダー評価詳細に加え、コーナーストーンが業界トップに選出された理由を確認いただけます。 出典:『IDC MarketScape:Worldwide Integrated Talent Management 2021 Vendor Assessment(2021年統合タレントマネジメントグローバルベンダー評価)』、リサ・ローワン、2021年7月、IDC# US45943220 IDC MarketScapeは、特定市場におけるICTサプライヤーの競争力を把握できるベンダー分析モデルです。調査方法として、定量的および定性的な評価基準に基づいた厳密な採点手法を用いています。調査結果は当該市場における各ベンダーの位置付けを示す、1つのグラフィックスによって図示されます。ケイパビリティスコアでは、ベンダーの製品、市場戦略、事業運営の短期的な評価を行い、戦略スコアでは、3~5年の期間にわたるベンダーの戦略が顧客のニーズに沿うものかどうかを評価します。ベンダーの市場シェアは、グラフ上の円の大きさで示されます。

新しい働き方と同じように 進化してきている コンテンツ

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新しい働き方と同じように 進化してきている コンテンツ

新しい働き方と同じように 進化してきている コンテンツ ビジネスに貢献でき、成功するために必要なスキルは常に変化し続けています。そのような状況に対応するために、Cornerstone Content Anytimeは、現在最も必要とされてい るスキルを従業員に身につけさせることで、より優れたコミュニケーター、より力強いリーダー、より機能的なチームを構築することを目指しています。最新のコンテンツとそれぞれの学習者一人ひとりに合わせてパーソナライズされた学習体験により、パフォーマンスを向上させます。

What’s your career agility quotient?

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What’s your career agility quotient?

"Growing in your career" used to mean climbing a linear ladder based on promotions and a fixed path of development. Today, career growth is more of a lattice structure, allowing for lateral movement and purpose-driven growth. Career development can be a personalized journey based on skills, progression, interest, and career goals.....that is, if you've got a the right skill-forward, agile mindset. How much agility do you bring to career planning and development? Take the quiz to determine your career agility quotient. Use the results and insights to learn how to become a true career acrobat.

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