profile updated Sep 25, 2008, 11:30 AM
This fast growing company is not in the recruiting business. Instead, they are the folks who help your hires realize that rosy potential you saw when you hired them. So what are they doing in a recruiting vendor directory? Two words: succession planning. OK compensation too, so three words. Or, maybe four when you figure in performance. Better add compensation and compliance.
Getting the picture? This is one of those companies that provides the SaaS programs to identify,rate, track, train and manage employees so you can retain and encourage top talent and help the rest to become top performers.
Cornerstone has something like 30,000 training program titles in its library and the flexibility to help companies assemble their own courses. That alone is impressive, but Cornerstone has evolved from purely a provider of training programs and services into a more rounded talent management company.
"Human Capitalist" writer Jason Corsello called Cornerstone "a vendor that has gone mostly under-the-radar in talent management but has probably done one of the best jobs of all the pure-play learning management vendors to become a “talent management suite” vendor."
We described Cornerstone as fast-growing and we mean it. Founded as CyberU, it changed its name in 2005 to reflect its expansion into the talent management arena. In Sept. 2007 it got an infusion of $32 million in capital from Bessemer Venture Partners and Bay Partners. That's funding the company's expansion into overseas markets and the opening of offices in Israel, France, Germany and the U.K. And at the rate the company adds vice presidents, it may need a few more dollars to build a larger conference room.
News & Updates 
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Cornerstone Gets Asian Pacific Marketing Partner (businesswire)
Cornerstone OnDemand announced a marketing agreement with Talent2, a leading talent management and HR outsourcing firm in Asia Pacific. Talent2 will resell Cornerstone’s SaaS-based talent management suite in markets such as Australia, New Zealand, Singapore, Hong Kong and Japan. Aug 13, 2009, 3:45 PM -
SuccessFactors A Leader Says IDC Report (BusinessWire)
SuccessFactors, a global provider of on-demand performance and talent management solutions, is named a leader in Integrated Talent Management in a recent study of HR software vendors by IDC, a provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets
The report says, “SuccessFactors’ Talent management suite offers a prominent end-to-end solution leading the marketplace and illustrating the continuous circle and strategic interdependency of the various talent management functions within an organization."
Other companies reviewed in the $25,000 report (that is not a misprint) are: Authoria, Cornerstone, Halogen, Kenexa, Lawson, Oracle, PeopleSoft, Plateau Systems, Saba, Salary.com, SAP, Silkroad, Softscape, Stepstone, Taleo and Workscape.
Jan 8, 2009, 11:31 AM -
Webinar Today on Linking Employee Compensation to Performance (PRWeb)
Driving a Pay-for-Performance Organization," a webinar hosted by HR.com and talent management software provider Cornerstone OnDemand, will examine how HR and talent management executives can connect employee behaviors and performance to compensation to foster a high-performing workforce and increase retention rates. The session will be held today, December 18, from 1 p.m. to 2 p.m. ET / 10 a.m. to 11 a.m. PT.
Dec 18, 2008, 12:02 PM -
Study Shows Trends In Corporate Social Networking (PRWeb)
New research shows that an increasing number of organizations are informally experimenting with Web 2.0 tools for business purposes. A study conducted by think tank Human Capital Institute (HCI) and talent management software provider Cornerstone OnDemand Inc. says more than half of the companies surveyed use communities of practice/groups and chat/instant messaging (IM), with other popular applications including corporate social networks (49 percent) and blogs and/or wikis (39 percent).
To get a copy of "Leveraging Social Networking & Web 2.0 Collaboration Tools in Enterprises" you must be a member of the HCI. Membership is free.
Dec 11, 2008, 12:56 PM
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Products & Services
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Cornerstone Learning
On demand, SaaS provisioned learning programs that enable companies to create, manage, and deliver personalized training by leveraging the library of 30,000 titles. -
Cornerstone Compliance
Cornerstone Compliance automates the administration and management of all processes to ensure an organization is adhering to the latest compliance requirements. Multi-level functions for employees, line managers, compliance administrators and executives. -
Cornerstone Performance
Helps a company align individual employees goals and objectives with those of the company. Integrates with the succession planning and learning modules to form a holistic, continuous process. -
Cornerstone Compensation
Plan and manage a variety of compensation programs including salary, merit increases, market adjustments, lump sum payments and other discretionary pay components. The focus is on developing a pay for performance culture. -
Cornerstone Succession
Tools for career profiling, internal recruiting, team building, gap analysis, and talent management plans. Intended to identify and track internal talent to improve retention and eliminate talent gaps and avoid productivity loss due to skills loss.