Cornerstone’s trailblazing new offering harnesses Artificial Intelligence and transformational design to revolutionise talent mobility and empower people to take control of their own destiny
LONDON, UK – 4 April 2023. Cornerstone OnDemand, Inc., a pioneer in learning and talent experience solutions, today announced the industry’s first holistic career growth, mobility and talent marketplace, Cornertone’s Opportunity Marketplace. A new product available within Cornerstone’s Talent Experience Platform, Opportunity Marketplace combines the power of Artificial Intelligence and the principles of human-centred design to unlock new possibilities for people and enable organisations to improve employee engagement, retention, workforce agility and internal mobility.
Unlike internal job marketplaces and other talent mobility point solutions, Opportunity Marketplace leverages AI to unify skills, people and job role data across multiple talent solutions – including recruiting, learning and performance – to connect employees to projects, gigs, learning paths, mentorships and open roles to assist employees in discovering new ways to contribute and belong.
By empowering people with consumer-grade tools to take control of their own growth and career development, Opportunity Marketplace addresses some of today’s most urgent business challenges related to workforce planning, employee productivity, engagement and retention. With Opportunity Marketplace, organisations can:
The rapidly evolving talent landscape shows no signs of slowing. Career paths are changing, employees are craving flexibility and organisations – like people – are looking around every corner for opportunities to grow and surpass their potential,” said Himanshu Palsule, CEO, Cornerstone. “For businesses to truly thrive today, it’s imperative they seek out new strategies and emerging technologies that will foster an agile and adaptable workplace. Cornerstone’s Opportunity Marketplace goes beyond the one-dimensional job boards and talent marketplaces of today. It is a holistic solution that businesses can implement to create engaging learning, performance and development paths for their people. Opportunity Marketplace fosters a more engaged, self-developing workforce and better positions organisations for longevity and success.”
Cornerstone Opportunity Marketplace offers customers:
Meredith Wellard, Vice President of Group Learning Talent and Platforms at Deutsche Post DHL, and an early adopter of Opportunity Marketplace, said “Opportunity Marketplace is an AI-based tool that has really changed the way we look at the future world for us. At the click of a button, we can identify the next best career move for any given role inside our organisation, and what skills they have that may be transferable to other parts of the business or that they would like to develop further to be a stronger candidate for another division or another country. It opens the door for endless possibilities for our people and our business."
David Wilson, founder and CEO, Fosway Group, Europe's leading HR industry analyst, said “The opportunity to apply and develop skills is as important as the learning that supports it. With Opportunity Marketplace, Cornerstone is responding to a growing demand for solutions that close critical skill gaps and provide new ways for employees to grow within the organisation as well as creating innovative talent models to address critical skills and labour shortages. By integrating Opportunity Marketplace with the foundational learning and solutions that talent leaders need to support their talent operations, leaders can intelligently leverage people data, skills and content across all the talent systems within the enterprise. This is a powerful way to accelerate organisational transformation, as well as satisfying the increasing expectations of employees.”
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About Cornerstone
Cornerstone powers the future-ready workforce with a next-generation talent experience platform 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 platform, built on an open architecture designed for neutrality and scale, we help organisations modernise their learning and development experience, deliver the most relevant content from anywhere, accelerate talent and career mobility and establish skills as the universal language of growth and success across their business. Cornerstone serves over 7,000 customers and 100 million users and is available in 180 countries and 50 languages.
Media Contacts
Susan Hilliar
Cornerstone OnDemand
Phone: +44(0)7767884556
Rebecca Graham
Firefly Communications