Fosway 9-Grid™: Cornerstone maintains strong offerings in the recruiting space
February 2, 2019
It’s been quite the rollercoaster year for hiring and talent acquisition teams across the globe. From handling furlough to scaling up or down different parts of the business to meet fast-changing demands, recruiting priorities have certainly seen a lot of change in many organisations, including our clients.
Our commitment and innovation in the recruiting industry in the past year has been recognised by leading European Analyst, Fosway, which has named Cornerstone as a Strategic Challenger in the Fosway 9-Grid™ for Talent Acquisition. Cornerstone’s position as Strategic Challenger shows that we have consistently kept pace in driving success for new and existing customers and that our solution is well placed to meet the often-complex needs of the most global, enterprise-scale organisations. Whether it’s introducing our clients to the power of AI as a way to streamline recruiting processes, or helping recruiters navigate and thrive in the post-Covid world, here at Cornerstone we have continued to support and help our clients, whatever the circumstances.
Supporting customers through accelerated innovation in talent acquisition
Our acquisition of Saba TalentLink in 2020 has proven to be one of the main drivers of our success in recruiting over the past year, allowing Cornerstone to accelerate innovation in talent acquisition, by onboarding a wave of best-in-class technology, people and recruiting know-how into our organisation. And some of our customers are already reaping the benefits of the combined expertise and resources from Cornerstone and Saba TalentLink.
myjobscotland, for example, needed to quickly switch the format of how they hired, turning to a digital-first recruiting strategy (powered by video) during the height of the pandemic. TalentLink, and subsequently Cornerstone, stepped in to help with the transition, switching on core video components throughout the hiring journey – a change which ultimately saw myjobscotland accelerate its time-to-hire and improve its candidate experience beyond pre-pandemic levels. Wiltshire Council also optimised its recruitment processes during the last year, using TalentLink to deploy personalised dashboards for its recruiters that eliminate administrative burdens and offer a real-time view of their business, something which was crucial for improving recruiting KPIs.
Over in hospitality, Atlas Hotels also saw drastic improvements to its recruiting system, simplifying the application process to save time for hiring managers and candidates alike. The new process shortlists candidates based on their fit with the company’s values, rather than their experience from their CV, meaning that a higher percentage of people are hired from outside the industry. A key factor in creating diversity throughout the business.
For the likes of Epson, TalentLink, now Cornerstone, was key to developing the company’s employer brand, as well as helping to match new roles to existing candidates through a single one-stop-shop platform. While Webhelp wanted to focus on a personalised recruiting process for its candidates, using TalentLink to define application workflows that are tailored to each candidate.
Driving success throughout the employee lifecycle
A candidate’s journey begins as soon as they reach the careers page on a company website, or come across a job advert, and talent acquisition is about ensuring each touchpoint provides value-added experience to the candidate. At Cornerstone, we help our clients recognise not only the importance of external recruitment but also the value of internal mobility and realising the potential of current employees to help fuel business growth.
Cornerstone’s Recruiting solution allows organisations to automate their recruitment processes while ensuring they find talent with the appropriate skills and competencies. Our vision for skills will touch every part of the employee life-cycle – so watch this space for how skills will form the connective tissue between all elements of the people experience in the coming weeks and months, and our Recruiting solutions will be no different. Using the right technology, we believe organisations will be able to build, buy or borrow the skills they need to optimise their business and make data-driven decisions that contribute to company growth and success.
About the Fosway 9-Grid™
The Fosway 9-Grid™ is a five-dimensional market analysis model that assesses the relative position of solutions and providers in a particular learning and talent system market. It ranks these solutions based on their performance, potential, market presence, total cost of ownership and future trajectories across the market. The Fosway 9-Grid™ is a completely unique market analysis model, offering independent and unparalleled research and insights for the next generation of European HR, Talent and Learning markets.