Cornerstone
OnDemand (NASDAQ: CSOD), a global leader in cloud-based learning,
talent management and talent experience software, today announced
Cornerstone Conversations, a new product that helps organizations foster
higher levels of employee productivity, engagement and growth by driving
regular, ongoing conversations among their teams.
Studies show that today’s employees, particularly millennials, prefer
regular, continuous feedback from their leaders and peers in order to
stay productive and engaged with their jobs.1 As millennials
will soon make up the majority of the workforce, today’s organizations
are starting to realize the need to modernize their performance
management approach.2
With Cornerstone Conversations, managers, employees and project team
leaders can initiate a variety of ongoing conversations with anyone on
their teams to ensure feedback is shared regularly. For example, they
can use Conversations to facilitate:
-
Weekly check-ins to discuss ongoing projects and provide coaching in
the context of work -
One-on-one alignment sessions to foster collaboration among team
members -
Quarterly performance reviews to track progress against longer-term
goals -
Coaching conversations to provide individualized development and
career development advice
Ongoing meetings can also be scheduled at any cadence, such as weekly,
monthly, quarterly or annually, and every discussion is captured so
either person can access their notes and feedback at any time.
Enabling More Effective One-on-One Discussions
Conversations is not only designed to elicit ongoing feedback, it is
designed to facilitate productive and actionable coaching. To help
managers and employees stay on course, Conversations includes meeting
templates, called Conversation Templates, that provide topics based on
management and coaching best practices. This includes Check-in
Conversations, Coaching Conversations and Performance Review
Conversations. Additionally, Conversations includes a “Create Your Own”
feature so HR administrators can customize templates tailored to their
organization’s needs.
Conversations also makes it easy to provide updates and feedback within
the flow of work because it can be integrated with a variety of
communication tools, such as Microsoft Outlook and Slack. Managers and
employees can schedule daily or weekly digests to remain current on the
discussion without having to log into Cornerstone and receive nudges
reminding them that it’s time to schedule 1:1 meetings with their team
members.
Driving Continual Development for a Better Employee Experience
Because Conversations is connected to Cornerstone’s other talent
management products, it functions as a hub that merges ongoing talent
development in an engaging and always-on way with longer-term
development and performance goals. For example, within each meeting,
managers and employees can quickly surface their goals, track their
progress on a scale from 1-100 and make adjustments as their priorities
shift – ensuring their goals are always top of mind.
Conversations also provides inline development opportunities to equip
employees with Microlearning® course recommendations based on the
employee’s role, goals and feedback. Recommended content is displayed
within the Conversations home page, and employees can access the content
without having to leave Conversations. Newer managers might see
recommendations to take short, digestible content about how to be a
better coach, or individual contributors might see recommended content
about how to manage-up or improve their time management. Organizations
can also take advantage of the vast array of content available through Content
Anytime, Cornerstone’s content subscription service that features
fresh, modern content, carefully curated from the world’s leading
learning providers.
Additional Information
Conversations is part of the Cornerstone
Performance suite, a cloud-based performance management solution
that supports people development and career progression, while capturing
talent measurement data to surface performance metrics. Cornerstone
Conversations will be available starting Fall 2019.
Comments on the News
“Today’s competitive market is requiring organizations to transform
their performance management practices to better attract and engage top
talent,” said Adam Miller, founder and CEO, Cornerstone. “With
Conversations, organizations can ensure their employees get the
continuous feedback and learning opportunities they want, while enabling
better coaching from managers and higher performance from employees.”
About Cornerstone
Cornerstone was founded with a passion for empowering people through
learning and a conviction that people should be your organization’s
greatest competitive advantage. Cornerstone is a global human capital
management leader with a core belief that companies thrive when they
help their employees to realize their potential. Putting this belief
into practice, Cornerstone offers solutions to help companies
strategically manage and continuously develop their talent throughout
the entire employee lifecycle. Featuring comprehensive recruiting,
personalized learning, development-driven performance management, and
holistic HR planning, Cornerstone’s human capital management platform is
successfully used by more than 3,500 global clients of all sizes,
spanning more than 42 million users across 192 countries and 43
languages. Learn more at www.cornerstoneondemand.com.
1 Brandon Hall Group, DataNow®
Snapshot: 2018 Performance Management Study, 2018
2
Aegon Annual Report, 2018
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