Cornerstone Positioned as Core Challenger in First Fosway 9-Grid for European Talent Acquisition
Cornerstone OnDemand, Inc., a global leader in cloud-based learning, talent management and emerging talent experience market, has been recognised as a Core Challenger in the October 2019 Fosway 9-Grid for Talent Acquisition.
In the first Fosway 9-Grid for European Talent Acquisition, Cornerstone is positioned as a Core Challenger with a strong future trajectory, reflecting the company’s continued commitment to the recruitment space. Investments, such as the Workpop acquisition and integrations with LinkedIn, have helped establish Cornerstone as a significant market player as well as reinforce the organisation’s focus on talent experience.
More than 800 clients are currently using Cornerstone’s recruitment solutions globally and the Cornerstone Recruiting Suite boasts a conversion rate that is 54% higher than the industry average.
The Fosway 9-Grid is a five-dimensional model that assesses the relative position of solutions and providers in a particular learning and talent system market. It ranks these solutions based on their Performance, Potential, Market Presence, Total Cost of Ownership and Future Trajectories across the market. The Fosway 9-Grid™ is a completely unique market analysis model, offering independent and unparalleled research and insights for the next generation of European HR, Talent and Learning markets.
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Comments on the news:
“Cornerstone’s positioning as a Core Challenger in our first ever Fosway 9-Grid for Talent Acquisition demonstrates its commitment to succeeding in recruiting as well as growth in the adoption of its solution in EMEA and globally,” commented David Wilson, CEO, Fosway Group. “Cornerstone has invested heavily in developing its talent acquisition capabilities, as well as creating a connected set of talent processes and experiences, inside and outside the organisation.”
“We strive to continually develop talent acquisition solutions that support the needs of today’s organisations and get the right people in the right roles, faster. Being recognised in the first Talent Acquisition Fosway 9-Grid is a testament to this commitment,” said Vincent Belliveau, chief executive of Europe, Middle East and Africa (EMEA), Cornerstone.
“Whether it’s from the candidate, recruiter or manager’s perspective, talent acquisition is all about experience and creating a smooth journey for everyone throughout the employee lifecycle. That means not only looking at external recruitment but also recognising the importance of internal mobility for harnessing the best talent. Through automating and simplifying processes and using smart AI solutions, companies can focus on putting people first, attracting and retaining the talent that will fuel business growth and innovation, creating greater business impact.”