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Media
Centre
PRESS INFORMATION
ISSUED ON BEHALF OF:
Cornerstone OnDemand
24 Greville Street, London, EC1N 8SS, UK
Tel: + 44 (0) 20 3008 4356
and
28, rue de Londres, 75009 Paris, France
Tel: + 33 (0) 1 78 42 40 17
and
35a Maximilianstrasse, 80539 Munich, Germany
Tel: +49 (0) 89 742 99 711
Web:
www.cornerstoneondemand.co.uk
4th September 2008
Connected processes for corporate talent management critical to
long-term success, according to industry expert
Industry analyst David Wilson and executives from Barclays and Allied
Irish Bank (AIB) shared insight into key trends and best practices for
integrated talent management at Cornerstone OnDemand EMEA user group
conference in London.
While talent management connects performance, succession planning and
learning in logical and consistent ways, most companies use different
systems and processes to manage these disciplines. Those organisations
that embrace a connected process will be more successful in their
long-term talent management strategies, says David Wilson, the UK's
leading corporate learning and talent management analyst.
Wilson, managing director of corporate analyst firm Elearnity, met
recently with UK and Republic of Ireland-based companies to discuss key
talent management market trends and best practices at a recent user
conference hosted by Cornerstone OnDemand, Inc., a provider of
on-demand, integrated talent management software and services.
Held at the historic Coopers' Hall in the City of London, delegates
from companies such as Barclays and AIB also shared real case study
examples for implementing integrated talent processes, addressing
business issues such as employee performance, learning, compliance and
succession planning.
"The whole thrust of the Cornerstone EMEA user group was very good, as
it gave us the opportunity to mix and build up our networks with
Cornerstone's other customers," commented Mary Fitzgerald-Horgan, who
oversees group performance and elearning for AIB. "In addition, it
helped us understand broader trends in the industry, and Elearnity's
David Wilson provided us with a thought provoking and highly
interesting session."
According to Wilson, ‘organisational imperatives' such as regulation,
risk, globalisation, financial performance and employee demographics
are driving businesses to invest in integrated talent management
processes and systems. This also includes the consolidation of learning
management systems (LMS) at an enterprise level rather than multiple
LMS's in departmental or functional ‘silos.'
"Recently, however, we've seen significant systems and process
innovation in terms of talent management," Wilson continued.
"One-size-fits-all ERP/HRMS assumptions are being increasingly
challenged."
"Those who are being successful in their talent management systems are
using connected processes, not just common data," he revealed. "They
are also realising the value of systems that are flexible and adaptable
to changing organisational context and priorities."
Conference attendees also received an insight into pre-release versions
of Cornerstone OnDemand's new talent management products, which are due
to launch this coming autumn.
From enterprise-level clients to SMB companies, Cornerstone provides
integrated talent management solutions to organisations around the
world. Its products and services span the typical workforce lifecycle,
from induction, learning and compliance, to collaboration, performance,
succession and compensation.
Beyond employees, Cornerstone also provides extended enterprise
offerings to help companies collaborate with and train customers,
vendors and other partners. Cornerstone's extensive, real-time reports
and dashboards help companies assess the effectiveness and ROI of their
investment in talent management technology. A multi-tenant, multi-user
software as a service (SaaS) offering, Cornerstone provides a faster,
more efficient way for companies to deploy, manage and maintain their
talent management systems, without the hassles of version upgrades and
maintenance, hardware and IT costs.
End
About Cornerstone OnDemand, Inc.
Cornerstone OnDemand
helps organisations to empower their people and optimise workforce
productivity with a comprehensive suite of integrated talent management
solutions for learning, compliance, performance, compensation and
succession management, as well as robust reporting and analytics.
Cornerstone also provides over 30,000 pre-integrated training titles.
The company's multi-tenant, multi-user software-as-a-service (SaaS)
architecture provides customers with rapid deployments, minimal IT
costs, greater flexibility, proven reliability and a lower total cost
of ownership. Cornerstone's triple-digit growth has been supported by a
market-leading customer retention rate. Leading enterprises such as AIB,
Barnes & Noble, Data Return, Equinox, Pearson, Randstad and Trend Micro
count on Cornerstone to help them achieve organisational excellence and
competitive advantage. Cornerstone OnDemand is headquartered in Santa
Monica, California and has international offices in London, Paris,
Munich and Tel Aviv.
For more information, visit
www.cornerstoneondemand.co.uk
Further information
from:
Sinead Reynolds-Berti, Cornerstone OnDemand, + 33 (0) 6 28 33 55 66;
sberti@cornerstoneondemand.com
Bob Little, Bob Little Press & PR, + 44 (0) 1727 860405;
www.boblittlepr.com
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