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Cornerstone OnDemand Launches New Talent Management Software Suite for Mid-Sized Businesses

Cornerstone Business Edition provides enterprise-class solutions for learning, performance and corporate social networking in a comprehensive, affordable platform

Santa Monica, Calif., May 7, 2009 Cornerstone OnDemand today unveiled Cornerstone Business Edition, its new integrated learning and talent management software suite built specifically to meet the needs of small and mid-sized organizations with up to 1,500 employees. The only fully scalable, Software-as-a-Service (SaaS)-based offering of its kind, Cornerstone Business Edition features enterprise-class solutions for learning, performance and corporate social networking in a comprehensive, easy-to-use and affordable platform. The software suite provides smaller organizations with a competitive edge by ensuring their people are aligned and developed for maximum productivity and contribution.

“Mid-size businesses face the same struggles as larger, global organizations in trying to grow and stay ahead of their competition while also reducing costs,” said Adam Miller, President and CEO of Cornerstone OnDemand. “But while they compete in the same markets and for the same talent, one size does not fit all when it comes to talent management. The availability of Cornerstone Business Edition will help us grow our market share by providing mid-size companies with a comprehensive, affordable and easy-to-implement solution for managing and developing a high-performing workforce.”

Cornerstone Business Edition is streamlined for quick and simple implementation and administration, ensuring companies are able to see an immediate business impact. Its simple, user-friendly interface and 100 percent Web-based delivery help to drive high employee adoption and engagement. Value-priced for mid-sized organizations, Business Edition’s SaaS delivery also ensures that organizations continuously benefit from the newest features via instant upgrades, without the need for added IT support or hardware investments.

“Today, organizations of all size can benefit from integrated talent management systems. In fact, small to mid-sized companies are the fastest growing segment of this market,” said Leighanne Levensaler, Director of Talent Management Research for Bersin & Associates. “Cornerstone OnDemand’s new mid-market offering, Cornerstone Business Edition, offers a SaaS-based, low-cost, comprehensive offering for integrated talent management, leveraging the company’s already successful solutions for larger global businesses.”

A complete talent management environment, organizations can roll out any combination of Business Edition’s features, including:

  • Complete Learning Management System: Cost-effectively create, manage and deliver blended learning programs and tie training directly to employee performance via Business Edition’s comprehensive learning management system (LMS). The LMS provides a single point of access to hundreds of pre-packaged e-learning classes provided by ElementK, in addition to access to instructor-led training administration, virtual classrooms and development planning.

  • Full Employee Performance Management: Business Edition’s performance platform is designed to help organizations get the best from their people. In addition to development plan capabilities, users can automate performance reviews and link actual employee activity with cascading organizational goals. It also can be used in tandem with the LMS platform to address skill gaps with targeted training.

  • Enterprise Social Networking: Users can foster informal learning, capture organizational memory, allow for professional networking and improve employee communications with collaboration tools such as communities of practice, rich user profiles, blogs, corporate wikis, content sharing/rating, and more.

Reporting and analytics features are included in the Business Edition software suite to help senior leadership and line managers immediately assess the impact of and return on their talent management initiatives. Cornerstone also provides ongoing coaching and support to ensure organizations are maximizing their talent investment.

For more information about Cornerstone Business Edition, please visit Cornerstone’s Web site or call 1-888-260-0152.

About Cornerstone

Cornerstone was founded with a passion for empowering people through learning and a conviction that people should be your organisation’s greatest competitive advantage.

Cornerstone is a global human capital management leader with a core belief that companies thrive when they help their employees to realize their potential. Putting this belief into practice, Cornerstone offers solutions to help companies strategically manage and continuously develop their talent throughout the entire employee lifecycle.

Featuring comprehensive recruiting, personalised learning, development-driven performance management, and holistic HR planning, Cornerstone’s human capital management platform is successfully used by more than 3,500 global clients of all sizes, spanning more than 42 million users across 192 countries and 43 languages.

Learn more at cornerstoneondemand.co.uk.

Media Contact

Susan Hilliar

shilliar@csod.com

+44(0)7767884556
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