Upskilling, reskilling of workforce top-most priority for India’s HR However, Cornerstone’s 2022 Global Skills Report 2022 states that only 55% of employees have confidence in their organization’s skill growth opportunities.
Cornerstone OnDemand, Inc., a leader in adaptive HR solutions, announces India as one of its strategic high-growth markets. With the following recent acquisitions of EdCast and SumTotal, Cornerstone’s combination of learning and talent SaaS platforms is dedicated to helping organizations drive more significant people’s growth and business success, in line with the vision to bring the organizations and their people together and empower them to achieve extraordinary things at work.
With in cooperation and coming together of Cornerstone, EdCast, and SumTotal, the company is dedicated to provide 7000+ global customers and over 90 million users access to innovative learning and talent solutions powered by AI and ML, providing organizations with more power to build and strengthen their learning and talent management programs and develop and engage their workforce on a path of continuous growth and skill building.
While India is on track to becoming a USD 5 trillion economy by 2026, organizations need to have the ability to adapt rapidly, reskill and upskill the workforce to adapt to the remodeling business needs. This is the main priority for HR leaders in India. Observing the opportunity in India, Cornerstone CEO Himanshu Palsule stated, “India is a high strategic and growth market for us.
We see a eminent need and opportunity to partner with the government, academia, associations, and enterprises, in preparing a future-ready workforce. We are working on several transformative nationwide skilling programs with the Government of India. We have partnered with significant marquee customers across the industries, including some of the biggest private banks, conglomerates, and top IT and ITES companies In India”.
Rapid digital transformation has disrupted businesses across sectors and has only broadened the existing skills gap globally, and India is no different. Cornerstone’s 2022 Global Skills Report 2022 reveals that only 55% of employees have confidence in their organization’s skill development opportunities
There is an apparent increase in the expectations from the HR & L&D community in preparing organizations for the future of work. With a seat at the C-suite table, L&D is in the strategic driver’s seat and has the opportunity to create a multi-faceted and agile modernized learning ecosystem, generate a culture of continuous learning, build a more equitable workplace and leverage the power of technology.
The coming together of the three industry HR software leaders is a substantial development in the talent experience space. Cornerstone’s combined strength and scale will ensure that best-in-class learning & people development experience meets growth-centric, AI-powered talent tools to deliver the outcome that matter to businesses.
The platform will enable and help organizations of all sizes to create and achieve a scalable learning infrastructure, extend the impact of talent technology investments, and deliver personalized growth for the employees that spans learning, skill development, content, and career mobility.
About Cornerstone
Cornerstone powers the future-ready workforce with adaptive HR solutions designed to unite technology, data, and content and inspire a work environment of growth, agility, and success for all. With an AI-powered, skills-forward, experiential system designed for the modern workforce, we help and assist organizations modernizing their learning and development experience, deliver the relevant content from anywhere, speed up talent and career mobility, and establish skills as the universal language of growth and success across businesses. Cornerstone serves over 7,000 customers and 90 million users and is available in 180 countries and in 50 languages.
This article was shared with Prittle Prattle News as a Press Release.
