Company: Cornerstone OnDemand, Santa Monica, CA
Entry Submitted By: PAIRELATIONS, LLC
Company Description: Cornerstone OnDemand is a leading global provider of comprehensive, cloud- based learning and talent management solutions. Cornerstone enables organizations to meet the challenges they face in empowering their people and maximizing the productivity of their human capital. Cornerstone currently empowers more than 7.5 million users across 179 countries in 31 languages.
Nomination Category: Products & Product Management Categories
Nomination Sub Category: New Product or Service of the Year - Software - Human Capital Management Solution
Nomination Title: Cornerstone OnDemand's Recruiting Cloud and Volunteer Management
Tell the story about this nominated product or service (up to 500 words). Describe its function, features, benefits, and performance to date.
Cornerstone OnDemand (NASDAQ:CSOD), a leading global provider of cloud-based talent management software solutions, helps companies recruit, manage/motivate their workforces, maximize productivity and empower employees.
The solution caters to organizations of all sizes, and consists of four core platforms. During 2011, this was enhanced with the introduction of TWO innovative components key to successfully managing talent, Cornerstone Recruiting Cloud and Cornerstone Volunteer Management.
Recruiting Cloud is highly innovative as it leverages professional networks to find ideal job candidates using ways people connect and job search in today’s digital age. In the past decade, recruiting protocols have dramatically changed. Cornerstone’s revolutionary Recruiting Cloud directly addresses this by delivering a great experience to recruiters and candidates (both internal and external) since it’s simple to use, leverages social networks and drives both external referrals and internal mobility while cutting time to fill and increasing quality of hire.
Features/benefits of Recruiting Cloud:
• Create/post job ads across job boards, social networks and talent communities from a single, simple user interface
• Easy-to-use recruiting management for everyone involved in the hiring process
• Builds pipeline for future openings while transforming candidate pools into talent communities
Volunteer Management is a one-of-a-kind pioneering platform for managing corporate and non-profit volunteer programs that matches volunteers with opportunities. Cornerstone is the first vendor in the talent management space to offer this. Volunteer Management was born as non-profit clients were requesting this, however, we quickly saw that numerous companies in the for-profit sector also encourage and need a way to track and manage employee volunteerism.
Volunteer Management’s features/benefits allow users to track each volunteer’s pertinent skill sets, align capabilities/experience to the particular needs of a volunteer opportunity, and assign volunteers to relevant positions, based on compatibility, timing and desire. Other benefits include publishing/promoting available volunteer opportunities and scheduling alerts/notifications of events. Dashboard and reporting tools provide visual summaries for tracking, evaluating and reporting on volunteer participation.
Empowering people and communities through volunteerism is a priority for Cornerstone and its Cornerstone OnDemand Foundation, which provides non-profits with talent management software/services for managing their people and increasing impact in the community.
In March 2011, Cornerstone completed a successful IPO, becoming one of the world’s leading publicly traded SaaS companies. Today, with $75 million in revenue, it’s widely recognized by industry analysts as a leader and pioneer in cloud computing.
7.5 million+ users across 179 countries rely on Cornerstone to maximize their potential, develop skills and better collaborate. Cornerstone empowers some of the world’s leading organizations to engage their workforces and leverage people performance for greater business results, such as Starwood Hotels & Resorts, The Neiman Marcus Group, Save the Children, Turner Broadcasting System, Virgin Media and Pinkberry.
Santa Monica, Calif.-based Cornerstone has offices in London, Paris, Munich, Tel Aviv and Mumbai.
Recent acquisitions (SuccessFactors by SAP/Taleo by Oracle) created market disruption, translating into opportunity for Cornerstone, now the only remaining independent, organic provider of talent management solutions that span the acquisition of talent (recruiting), onboarding, ongoing development, enterprise collaboration, performance management, and succession planning (“from hire to retire”).
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Provide a brief (up to 100 words) biography about the leader(s) of the team that developed this nominated product or service:
Adam Miller, founder/president/CEO of Cornerstone OnDemand, conceived Cornerstone in his NYC apartment in 1999, to change the way people learn and work, based on his vision to deliver learning content via the Internet. The son of a teacher and grandson of an entrepreneur, his love for technology and education served as inspiration for Cornerstone’s SaaS-based HR solutions. Cornerstone was one of the first 100 percent, purely SaaS companies in the U.S.
After earning five degrees, Miller traveled the world alone, covering six continents in two years, understanding how to build a global business. He also worked on Wall Street to gain necessary financial acumen to run both private/public enterprises.