The ROI of the right skills strategy
The global skills gap persists—and new research from the Cornerstone People Research Lab revealed a growing Skills Confidence Gap as well. The latter tells us that employers are largely confident in their ability to support skill development, but the enthusiasm isn’t shared by their employees. Both gaps represent serious threats to an organization’s future readiness.
But there is an exception. Some organizations show a much smaller Skills Confidence Gap—and they provide a template for skills development and investment. They’re already driving real growth and value with their unique approach to L&D technology, talent initiatives, learning content, and more.
To really dig into that bottom-line impact of learning and content, we commissioned Forrester Consulting to conduct a Total Economic ImpactTM study to analyze the savings and benefits enabled by Cornerstone solutions. The study found that a composite organization, based on interviewed customers, experienced a 543% ROI over three years, making significant gains in efficiency, consistency, and compliance.
In this conversation, Mike Bollinger, VP of Strategic Initiatives at Cornerstone, is joined by guests Katy Tynan, Principal Analyst at Forrester, and Amy Harrison, Sr. Consultant - Total Economic Impact at Forrester, to discuss the ROI of skill development and how to meet the most critical skills challenges facing HR and learning leaders today.
What you will learn:
- Where customers report deriving the most value from Cornerstone learning and content
- How to use headcount more efficiently and improve cost savings
- How to build employee confidence and close critical skill gaps
Want to keep learning? Explore our products, customer stories, and the latest industry insights.
How compliance is the foundation for an inclusive culture
We often think of compliance as something we have to do on the way to doing the things we would rather do – but here are five key compliance issues that link to larger initiatives that can help you create a stronger culture and a more inclusive workplace.
How modern compliance content drives real growth
Training content in compliance and DEIB tends to fall short. Cornerstone’s modern compliance content is built on four pillars that promote meaningful reflection and action.
Overcoming the many costs of non-compliance
Non-compliance is costly. Not only does it often mean hefty fines, but it also has the potential to hurt an organizations reputation, decrease the morale of its employees and restrict its ability to perform key functions. What makes compliance particularly challenging is that laws and regulations are ever-changing. New York, for example, recently introduced stricter sexual harassment legislation and now requires every New York employer to have in place, and distribute to its employees, a sexual harassment policy that meets its very specific requirements in accordance with the law.