Cornerstone
On Demand (NASDAQ:CSOD) today announced that RSA Insurance Group,
the world’s oldest insurance company, is using Cornerstone’s
software-as-a-service – based learning and talent
management solution to power RSA’s global training and development
portal.
Using Cornerstone’s platforms for learning
management and enterprise
social networking, RSA can align employee development
to organizational growth and close skill and knowledge gaps
within the company.
The Learning Zone portal provides the company’s 24,000 global employees with
convenient, one-stop online access to learning and development for
“capability-aligned learning”.
The portal also gives managers the opportunity to build
development plans, assign learning and check on employees’ progress,
while bolstering their own capabilities for career advancement.
“Moving to a single global system while still allowing for development
of localized content has really helped us to better engage our people.”
– Justin Dunn group learning and developmenthead
The beauty of using Cornerstone’s software is that it is
giving our employees the opportunity to not only align their development
plans with the skills required for their roles today, but also with what
their roles will be a year from now.
Updating processes with Cornerstone’s software and allowing
for blended learning opportunities – including e-learning, social
learning and in-classroom training opportunities – also helped the
company to realize significant cost savings.
“Cornerstone’s software allows us to be much more scientific with our
L&D objectives. Rather than guessing as to what learning needs to be
achieved, we are now able to more easily identify and address skill
gaps,” said Dunn. “And by converting classroom-based learning to
e-learning courses and reducing the duration of key programmes, we’ve
been able to achieve huge cost savings. For example, our ‘Introduction
to Insurance’ course, which would have cost over £1 million to deliver
face to face, due in most part to travel expenses, now costs only
£17,000.”
RSA chose Cornerstone’s solution because of its pure,
multi-tenant delivery model, as well as Cornerstone’s ability to
quickly implement a new global system and integrate with RSA’s existing
HR data.
The company plans to build on the success of the Learning Zone
by increasing usage in key areas such as compliance, induction and key
business deliverables. The L&D team also is working to expand
executives’ use of the platform for mentoring and other initiatives.
“An organization will get the best results by perceiving and treating
learning as an integral part of the organization’s business strategy.”
-Vincent Belliveau, senior vice president and general manager EMEA
for Cornerstone OnDemand
