The old saying goes that the only two things we can count on are death and taxes. I’d like to add a third: the continued evolution of HR technology.
For decades, companies have embraced HR technology by starting at the “core” with HR management systems. Companies spend millions to tens of millions of dollars to implement them, and then, over time, add other tools to fill in with needed functionality. These core systems of record are a key component in a company’s technology infrastructure and influence decisions on many billions of dollars spent on other employee applications and tools.
Today Cornerstone made a big announcement: the acquisition of EdCast, one of the leaders and pioneers in learning experience platforms. While this may not be a huge deal financially, it will have a huge impact on the corporate learning market, setting off reverberations for years to come.
Much has been written in the past weeks and months about the business impact of the COVID-19 crisis. I, along with many others, have written extensively about the almost-overnight transition to remote work, as well as many other changes companies implemented to adapt. Now, I will be focusing on considerations for returning to work.