Final month’s unveiling of Cornerstone OnDemand’s new studying and improvement answer, dubbed Expertise Expertise Platform (TXP), is an indication that worker expertise instruments proceed to mature as distributors add extra L&D options in a single suite. The transfer goals to streamline staff’ profession improvement path whereas decreasing the variety of instruments that HR should handle.
Though Cornerstone TXP is on the market now, the seller already has introduced new options that might be added to the providing early subsequent yr. They embrace the Alternative Market, which helps match newly expert staff with profession development alternatives; Content material Studio for matching content material to an worker’s preferences and abilities initiatives; and Abilities Innovation, a proprietary abilities database that might be open to the general public.
In accordance with analysts and HRE columnist Josh Bersin, Cornerstone’s forthcoming Alternative Market shares many options of choices from Gloat, Fuel50, Eightfold and different suppliers—however it does boast a key distinction.
“What’s distinctive right here is that Cornerstone’s built-in LMS and expertise administration system can suggest programs, initiatives, developmental assignments, mentors and jobs,” he writes in his weblog. “The opposite expertise market distributors nonetheless don’t index content material nicely, so they’re extra like ‘place matching programs’ at present.”
The present model of TXP unites the corporate’s expanded portfolio of growth-centric studying and expertise options with “human-centered experiences, deep expertise intelligence and an open and agile structure,” in keeping with a Cornerstone press assertion.
Cornerstone TXP consists of 4 components for delivering what it calls “individuals, expertise and enterprise transformation.” These 4 components begin with what the seller calls a “holistic individuals development expertise” that gives customized and fascinating studying experiences. The opposite components embrace an “clever tech material” that includes an AI-powered engine for accumulating and analyzing abilities, content material and folks information; a set of studying, efficiency and expertise administration instruments; and eventually, an open structure that may develop because the consumer’s wants develop.
What does TXP imply for HR leaders? In accordance with Karthik Suri, Cornerstone’s chief product officer, HR and L&D professionals proceed to grapple with “large transformation within the expertise house.” This contains modifications in how individuals work, their evolving expertise wants and a elementary shift in how human connections are nurtured on the office.
“With our expertise expertise platform, HR leaders have higher cohesion amongst instruments, enabling them to drive robust enterprise outcomes on this new world of labor,” says Suri.
Cornerstone TXP additionally addresses a key problem for HR and L&D leaders: connection and connectivity.
Suri explains that, traditionally, HR departments have had a number of L&D and different instruments of their arsenal, usually leading to overlapping options. Cornerstone intends for TXP to grow to be the “clever connector” of these instruments and the information in them.
He provides, “With the suitable insights and growth-centric instruments, TXP provides HR leaders the complete context, insights and visibility they should develop and retain their individuals.”
Suri believes that the brand new providing will convey reduction to at present’s busy HR and L&D groups. “TXP is a brand new blueprint,” he says, “for expertise leaders to champion transformation of their organizations, encourage their individuals to develop, allow enterprise methods and ship enterprise outcomes.”