Cornerstone Highly Rated by HerbertNathan & Co. in first Scandinavian LMS Report
STOCKHOLM, Sweden. – May 10, 2022 – Cornerstone OnDemand, a leader in adaptive HR solutions, is one of the best equipped for the increased demands on skills, learning and growth in Scandinavia, according to a new report from the analyst firm HerbertNathan & Co.
HerbertNathan & Co has analysed LMS solutions from 17 vendors, all widely available and with a customer base in Scandinavia (Sweden, Norway and Denmark), based on their learning technologies, LMS process support and scalability.
In this highly digitized region, where remote and hybrid working is the new norm and employee resignation rates are high, learning and development (L&D) has become a crucial part of the business strategy, and a necessity to maintain a competitive edge. Companies can no longer rely on hiring and developing talents as the sole strategy to secure skills supply, but instead must grow and develop existing employees through a learner-centric learning experience. To support this transformation, organizations are looking to invest in more advanced, holistic LMS platforms and develop future proof learning strategies.
HerbertNathan & Co’s report points out that user experience and the technology solutions supporting the LMS processes are some of the most important areas to look out for when investing in a new LMS, as this is often what differentiates vendors.
“Workplaces that take a lead on learning and offer re-and upskilling for employees are more likely to stay relevant in their marketplace, stay attractive to new and current employee’s and enhance the economic dynamism of their businesses. By doing this companies also create an ecosystem that ensures all employees are productive and employable in the new world of work”, says Terhi Benjaminsson, Senior Manager at HerbertNathan & Co and lead writer of the report.
For more than 20 years, Cornerstone has been innovating industry-leading learning and development technology for thousands of organizations around the world. The company is committed to helping its customers transform their organizations to meet the new challenges of the modern workforce, empower a greater focus on skill building and offer their people a more personalized experience to engage them on their own growth journeys.
“The first Scandinavian report covering LMS systems by independent analyst firm HerbertNathan & Co, shows that Cornerstone is very well aligned with all of the trends and demands in this highly advanced region,” said Stefan Robsen, Country Director, Nordic Region at Cornerstone. “We have a strong customer base, with some of them involved in our global product development, so it’s an important region for us. I’m very pleased that our continuous focus on innovation, technology and user experience is being acknowledged in this report. It’s also great to see such a strong focus on putting the learner at the centre of growth, to enable organisations to become more agile, and help each employee reach their full potential.”