When we announced Cornerstone Insights in May, we shared a broad vision for our predictive analytics strategy – a suite of Insight dashboards that applies sophisticated data science to workforce data, enabling business leaders to answer burning questions about how to use data to better recruit, train and manage top talent.
Since then our product and development teams have been hard at work to bring to life our first set of Cornerstone Insights dashboards -- Compliance Control Insights, Compliance Guide Insights, and Predictive Succession Insights – which are truly one of a kind. The Compliance dashboards help companies prevent regulatory fines, potentially huge liability payouts, and loss of employee productivity resulting from failure to complete employee training in a timely fashion. Predictive Succession Insights helps organizations identify good internal candidates to efficiently fill open positions. This serves to drive engagement and retention of a company’s high performers and promote internal and upward mobility within the organization.
Now available, Compliance Control and Compliance Guide Insights dashboards take care of these issues by helping clients identify and prevent non-compliance activity well before it becomes a problem.
Knowing the Answer Before Getting the Question
Organizations no longer need to wait until the problem occurs to understand their compliance risk and can now take corrective actions proactively. Based on the models generated by our proprietary machine learning platform, the new dashboards will help clients understand and verify the major factors that drive non-compliance, who in the organization is at risk, simulate the effect of potential changes (both long term policy and individual changes), and ultimately take corrective actions within Cornerstone Learning.
Analyzing more than 30 signals related to Compliance training, our machine learning platform performs millions of computations as part of a multi-dimensional analysis to generate unique models for all organizational units and determines which factors are actually predictive of on-time completion of compliance training.
The signals are pulled from various parts of the application, analyzing:
- User profile data;
- Learning object properties;
- Training dependencies and purposes; and
- Behavioral data regarding how the user, his/her team, and the company have historically completed training.
Through our Insights Dashboards, our clients can access all of these signals, predictions, and analyses instantaneously and for the first time stay ahead of compliance issues.
Training Compliance Risk Impacts Many Industries
We’ve been receiving great feedback from the initial preview program on the value Cornerstone Insights is providing to companies that in some cases require entire teams dedicated to monitoring compliance. In highly-regulated industries such as healthcare and financial services, Cornerstone Insights offers an entire new approach to monitoring and addressing non-compliance before it becomes a risk and has a chance to impact the business. Controlling compliance risk is just one of many Insights we have planned in the coming future. We’ll be back with more updates as we continue to rollout Cornerstone Insights products to more of our clients.
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.
Summer successes – A (humble) showcase of our continued growth in Q3 2022
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.
Cornerstone + Appirio = Delivering on the Vision of the Enterprise Cloud
Today, I am pleased to share exciting news with you about our new relationship with Appirio, a global services provider and one of the largest human capital management technology consultancies. With the flurry of conversations around the "cloud," we believe there’s no better time than now to assemble the best providers that can deliver the combination of great technology and world-class service. To us, part of this involves teaming up with Appirio.