10/01/2019 | Press release | Distributed by Public on 10/01/2019 06:25
A fresh approach to performance management rethinks how feedback and coaching is provided in the context of work
SANTA MONICA, Calif.--(BUSINESS WIRE)-- Cornerstone OnDemand, Inc. (NASDAQ: CSOD), a global leader in the cloud-based learning, talent management and emerging talent experience market, announced today that Cornerstone Conversations will soon be generally available following a successful early-adopter program with highly active global client engagement.
First announced at the company's annual industry conference, Cornerstone Convergence 2019, Cornerstone Conversations is a new module within the Cornerstone Performance Suite that helps organizations develop managers into effective coaches and offers employees the ongoing feedback and transparency they crave. Cornerstone Conversations enables more frequent, productive two-way dialogue in the workplace, and according to Brandon Hall, organizations that focus on this are far more likely to see increases in employee engagement, retention and quality of hires.
Using Cornerstone Conversations, managers, employees, project team leaders and even mentors can engage in ongoing conversations to provide coaching and timely course correction in the context of work, facilitate just-in-time feedback, and gain alignment on goals and career direction. Because Cornerstone Conversations is integrated with Cornerstone's other talent management products, it functions as a hub that unites real-time conversations with employee performance improvements by allowing users to bridge discussions to their functional goals, personalized development plans, learning content and annual performance reviews. This helps employees continuously develop their skills and helps team leaders coach more effectively.
Several companies have already started using the feature as part of the Cornerstone Conversations Beta Testing Program, which kicked off in early summer 2019. Initial comments on the product include:
Cornerstone Conversations will be generally available starting late October.
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 3,600 global clients of all sizes, spanning more than 40 million users across 190+ countries and 40+ languages. Learn more at www.cornerstoneondemand.com.
Cornerstone® and Cornerstone OnDemand® are registered trademarks of Cornerstone OnDemand, Inc.
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Source: Cornerstone OnDemand, Inc.