Cornerstone OnDemand lays out multi-year innovation plan
Summary
With a recent acquisition giving it expanded reach and a stronger R&D team, Cornerstone OnDemand on Tuesday laid out a multi-year strategy for investment and innovation. The human capital management software provider plans to focus on three areas of innovation: employee training tools, AI-based personalized coaching and helping organizations collect and analyze more holistic personnel data. The strategy, Cornerstone CEO Adam Miller said, is grounded in the notion that the business world is becoming increasingly volatile. "The winners of tomorrow will be the companies that are unbound, those that arent confined by yesterdays conventions and are ready to adapt to changing environments. To explain its focus on holistic learning tools, Cornerstone pointed to its own research data showing that employee training has spiked during the pandemic.