Tracing down the birth of any genius idea, it is born as rampant radicalism, and then it gradually turns into progressivism. Moreover, with the foundation team of Cornerstone OnDemand—Adam Miller, Perry Wallack, and Steven Seymour—the far-reaching idea of a talent management company kicked-off in a bowling alley at Los Angeles. It was in 1999 when mastermind and presently CEO, Adam Miller decided to fly to LA with a one-way ticket and a head full of dreams to organize the debut team meeting. From that instant to being recognized as one of the top performing IPOs by Goldman Sachs in 2011, Cornerstone’s journey to success had been adorned with both achievements and downfalls.
Cornerstone is uniquely designed to enable a lifetime of learning and development which is fundamental to the growth of employees and organizations
Re-imagining People Management Techniques
In Millers' views, “We are moving to a world where re-skilling and up-skilling of an employee is becoming a necessity because technology is changing so fast.” Moreover, the challenge of aligning talent management strategies to a client's organizational goals laid the foundation to the development of Cornerstone Connect. It is a social collaboration software solution that brings employees, customers, and partners closer to each other and critical resources. The platform empowers users with the ability to share knowledge and innovations across the entire organization. Exploiting the same, employees can create a community that will help in contributing and finishing projects sooner with unified collaboration tools, social feedback capabilities, and task management.
Learning follows connecting peers, and Cornerstone Learning enables companies to report, track, and deliver on the endless learning opportunities available in today’s age. The solution delivers targeted and structured formal training to employees, provides access to collaborative tools that engage learners, and enable peer-to-peer knowledge capture and sharing to extend the impact of learning.
Filtering the Perfect Candidates
Creating a talent pool starts with talent acquisition. Cornerstone Recruiting refines the talent acquisition process with nimble and coherent recruiting.
To educate a new joinee in taking the organization forward, Cornerstone Onboarding helps organizations to engage the new hires with social tools, training, and goal-setting programs after the recruitment process. It is a unified solution for organizations to seamlessly assign learning and enable networking for new hires via Cornerstone Connect.
“We’re moving to a world where re-skilling and up-skilling of an employee is becoming a necessity because technology is changing so fast”
Weaving Potent Performance Management Plots
Performance management acts as the backbone of every talent management strategy. Using Cornerstone Performance, users can align employee goals with organizational strategy and deliver ongoing feedback. Cornerstone Performance equips organizations to quickly identify employee competencies and skill gaps using 180 and 360-degree feedback from one intuitive application. Cornerstone Succession, on the other hand, empowers organizations to proactively address workforce issues and increase organizational longevity using learning, performance, and succession information stored in one system. The solution ensures that users do not have to cobble together training records, reviews, and compensation data from separate platforms.
For instance, Hyatt, the multinational hotel operator, uses Cornerstone’s unified talent management solution in its corporate office and hotel locations in North and South America. Having created a career resume and preferences option, the firm has seen a boost in employee movement between Hyatt brands and hotels in North America.
Today, Cornerstone’s services and solutions are assisting 3,000 businesses worldwide, spanning more than 31 million users across 191 countries in 43 languages. Cornerstone works with corporations of all sizes, government agencies, hospitals, nonprofits, and schools with the single goal to help them engage their workforces and empower their people.