Cornerstone is proud to bring you Season 2 of HR Labs, a podcast about learning hosted by our very own Chief Marketing and Strategy Officer Heidi Spirgi. This season, we’re exploring the importance of learning and development as businesses shift their priorities from shareholders to stakeholders—particularly in light of the COVID-19 pandemic. Find it on Apple Podcasts and everywhere else you listen to podcasts.
Back in 2019, a group of nearly 200 CEOs made a promise: Moving forward, they would make business decisions in the best interests of their stakeholders—rather than their shareholders. And they’re far from alone. Many others have made similar statements about a move toward this stakeholder-first approach in a growing trend known as ’new capitalism.’
Then, the pandemic hit. Businesses faced—and are continuing to face—the impact of sweeping shutdowns and a crushing economic downturn. It’s the first pressure test of companies’ ability to prioritize stakeholders—to put people before profits.
In episode 1 of this season, we’ll look at the origins of this stakeholder-first approach, and how the pandemic has impacted it so far. Through a conversation with Kelly Monahan of Accenture Research, we’ll hear how companies are showing early signs of sticking to these initial promises, and her research-based advice for leading during times of crisis. We’ll also hear from Cornerstone’s Mike Bollinger about what role learning is playing in the new normal and why it's so important to focus on a forward looking view.
Enjoy this episode of HR Labs below.
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Impacting and enabling lifelong education, one learner at a time
Early on, the Cornerstone OnDemand Foundation team recognized that nonprofits serving their communities around the world lacked access to training. Recognizing Cornerstone had the right technology and relevant eLearning resources, the Cornerstone OnDemand Foundation utilized the Cornerstone Extended Enterprise learning platform to launch programs such as DisasterReady — the largest free and open online learning portal and library targeted to humanitarian aid and international development professionals.
3 Steps to Building Organizational Adaptability and Resilience During the Pandemic
In working with more than 6,300 organizations in a wide variety of industries across 20 years, Cornerstone has partnered with countless clients that are navigating organizational change. Weve found that during troublesome times there are three constants that emerge time and time again: First, while crises are difficult and traumatizing, they can also bring out the best in people. Over the course of the past year, weve all witnessed extraordinary acts of compassion, creativity, and selflessness. Second, and on a practical note, organizations who are (or learn to be!) agile, flexible, and innovative during disruption have a better chance of surviving this and any other crisis. Third, organizations that keep an eye on the future while still effectively managing the crisis at hand come out stronger and more successful than those who only plan for immediate needs. And that, in a nutshell, is the purpose of this eBook: To help you and your organization not only navigate todays challenges but to plan for the future by continuing to motivate, engage, and inspire your employees and stakeholders. Within this eBook, youll find practical actions to take today to navigate the ongoing COVID-19 pandemic to provide stability for your employees. Just as importantly, these steps will also ensure youre ready to survive and thrive in whatever may come.
5 ways to deliver sustainable business leadership during a global health crisis (and beyond)
Employee health, business success and public good are more interconnected than ever in the midst of a global pandemic. Because of this, a social responsibility lies with leaders from across industries to ensure the response minimizes negative human impact. Business leaders should spend the immediate future refining, or instituting, inclusive policies that benefit every employee—and persist for years to come.