On February 24th Cornerstone OnDemand announced their plan to acquire rival Saba Software for approximately $1.4 billion in cash and stock. Each of the enterprise software companies went to market about twenty years ago with learning management solutions and over time broadened their product portfolios with other talent management offerings including performance management and talent acquisition. The combined company will serve more than 75 million users in about 7,000 organizations around the...
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Topics:
Human Capital Management,
Learning Management,
Workforce Management,
candidate engagement,
Continuous Payroll,
total rewards management
On February 20th Kronos Incorporated and Ultimate Softwareannounced their agreement to merge in an all-stock deal. The companies’ boards have approved the deal, which is expected to close in late March. This union will create one of the world’s largest cloud software entities, one that company representatives are valuing at $22 billion. Aron Ain, long-time Kronos CEO who has overseen Kronos’ journey from Time and Attendance systems purveyor to well-rounded WFM market leader with innovative HCM...
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Topics:
Human Capital Management,
Learning Management,
Workforce Management,
candidate engagement,
Continuous Payroll,
total rewards management
Ventana Research recently announced its 2020 research agenda for human capital management, continuing the guidance we’ve offered for nearly two decades to help organizations derive optimal value from business technology and improve outcomes. A major consideration in crafting this HCM research agenda is balance. HR and business leaders must achieve a meaningful balance in supporting the needs, interests and goals of the enterprise and its workforce. And HR and HCM managers require research to...
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Topics:
Human Capital Management,
Learning Management,
Workforce Management,
candidate engagement,
Continuous Payroll,
total rewards management
Organizations universally desire the business outcome of improved organizational agility — in other words, the ability to quickly and effectively identify and respond to business risks and opportunities, typically through workforce-related actions. Being agile requires that an organization be adept at two things: harnessing cognitive assets, the knowledge and ideas that comprise the intellectual capital of a workforce, and deploying and using technologies that channel those assets where they...
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Topics:
Human Capital Management,
Learning Management,
Collaboration,
Workforce Management,
Knowledge Management,
AI and Machine Learning
By itself, data isn’t useful for business; the application of analytics is necessary to transform data into actionable information. Data analysis of one sort or another has long been a core competence of finance departments, applied to balance sheets, income statements or cash flow statements. Today, however, Finance must go beyond these basics by expanding the scope of the data being examined to include all financial and operational information that can yield actionable insights. Analysis thus...
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Topics:
Customer Experience,
Human Capital Management,
Voice of the Customer,
embedded analytics,
Learning Management,
Analytics,
Business Intelligence,
Collaboration,
Data Governance,
Data Lake,
Data Preparation,
Information Management,
Internet of Things,
Contact Center,
Data,
Product Information Management,
Sales Performance Management,
Workforce Management,
Financial Performance Management,
Price and Revenue Management,
Digital Technology,
Digital Marketing,
Digital Commerce,
ERP and Continuous Accounting,
blockchain,
natural language processing,
robotic finance,
Predictive Planning,
candidate engagement,
Intelligent CX,
Conversational Computing,
Continuous Payroll,
revenue and lease accounting,
collaborative computing,
mobile computing,
Subscription Management,
total rewards management,
intelligent marketing,
intelligent sales,
AI and Machine Learning
It’s no secret that employees are overwhelmed. They’re having to use an array of systems and enterprise tools in the flow of work and deal with an explosion of email messages and other communications requiring some response or action and mountains of content to consume and retain. On top of these time demands, employees must try to keep up with a staggering amount of organizational change.
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Topics:
Human Capital Management,
business intelligence,
Learning Management,
Information Management,
Workforce Management,
Digital Technology,
natural language processing,
AI and Machine Learning
Identity management is an old problem that has taken on new dimensions in the digital world. In 1993, at the dawn of the World Wide Web (WWW), The New Yorker ran a cartoon featuring two dogs talking, one perched in front of a computer. The caption reads: “On the Internet, nobody knows you’re a dog.” The phrase quickly evolved into a meme highlighting the issue of identity uncertainty in the new digital environment.
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Topics:
Human Capital Management,
Office of Finance,
Learning Management,
Internet of Things,
Data,
Workforce Management,
Digital Technology,
ERP and Continuous Accounting,
blockchain,
candidate engagement,
collaborative computing
Roughly half of my more than 30-year career in human capital management was spent as a line manager responsible for HR technology strategy, selection and deployment. I learned a number of lessons during these years — some just in time, some after the fact. If I had to identify one common thread that unites these insights, it would be that inadequate attention to change management is an ROI-killer on these strategic initiatives every time.
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Topics:
Human Capital Management,
Learning Management,
Analytics,
Workforce Management,
Digital Technology,
Artificial intelligence,
Total Compensation Management,
Continuous Payroll
Learning management technology, either as part of a larger HCM software suite or as a standalone niche solution, has evolved from its classroom-based, instructor-led origins. Modern systems deliver information the way many employees learn best, through informal social learning that is personalized and engaging. Some of these new, often mobile-enabled approaches deliver education via short (three to five minute) on-demand videos that are tailored to an individual’s specific job responsibilities...
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Topics:
Human Capital Management,
Learning Management,
HRMS,
Workforce Management,
Digital Technology,
Work and Resource Management,
Machine Learning and Cognitive Computing,
Artificial intelligence,
employee experience,
Chatbots,
Personalization,
Predictive HCM
Over the last two years, investments in digital technologies such as artificial intelligence (AI) by nearly every major provider of HCM systems and tools have transformed the HR technology landscape. Many of the investments have gone into developing distinctive product capabilities, particularly capabilities that rely on machine learning technology.
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Topics:
Human Capital Management,
Learning Management,
HRMS,
Workforce Management,
Digital Technology,
Work and Resource Management,
Machine Learning and Cognitive Computing,
Payroll Optimization,
Total Compensation Management,
employee experience