2008-02-19 Cornerstone OnDemand Introduces a New Paradigm in Learning and Talent Management with their Winter 2008 Release
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MyTeam from Cornerstone provides one centralized, highly graphical view of all talent activity to engage and empower your workforce Santa Monica, CA – February 19, 2008Cornerstone OnDemand, Inc., the only proven provider of on-demand, integrated talent management software and services, today announced the availability of its Winter 2008 release. Currently available to all new and existing clients, Cornerstone’s Winter 2008 release is designed to help organizations of all sizes engage their workforce with Cornerstone’s new highly graphical interface, evolve their talent strategy with new flexibility and expanded extended enterprise functionality, and empower their people with MyTeam, a revolutionary approach to managing teams on a daily basis.   MyTeam gives every manager a streamlined and highly graphical view into their employees’ learning and talent management activities, including development activities, daily action items, performance assessments, goals and objectives, succession plans, and analytics. In short, MyTeam gives managers a single point of access from which to direct all phases of the employee development and performance lifecycle.   Also part of the Winter 2008 release, Cornerstone announced a new User Interface, which offers a more intuitive and user-friendly design to increase employee engagement. Cornerstone’s new User Interface utilizes Web 2.0 technologies for the best experience available in the marketplace.    "User engagement is critical to fully realizing the promise of talent management systems. The strongest benefits come when HR leaders, managers and employees have routine access to a unified view into all core processes, from learning and development to performance management and succession planning," said James Holincheck, Research Vice President, Gartner.   Cornerstone OnDemand also announced enhancements to Cornerstone Extended Enterprise, which is used to deliver training and channel certification programs for a client’s extended enterprise of customers, partners, resellers and vendors. The new enhancements include Guest User Authentication, which allows users to access designated pages and functions without logging into the system, enabling a business-to-consumer-like environment where users may search and browse for training prior to registering or purchasing the training offering. Another enhancement includes Cornerstone Portal Builder, in which clients can build and embed custom portal pages within the application to enhance the user’s experience.   "MyTeam and the Cornerstone Winter 2008 release is a turning point in the integration of learning and talent management," said Adam Miller, President and CEO, Cornerstone OnDemand. “Never before has a manager been able to truly get a holistic view of how their employees’ learning and development activities impact performance, succession and organizational success.”   About Cornerstone OnDemand, Inc. Cornerstone OnDemand helps organizations to empower their people and optimize workforce productivity with a comprehensive suite of integrated talent management solutions for learning, compliance, performance, compensation and succession management, as well as robust reporting and analytics. Cornerstone also provides over 30,000 pre-integrated training titles. The Company’s multi-tenant, multi-user software-as-a-service (SaaS) architecture provides customers with rapid deployments, minimal IT costs, greater flexibility, proven reliability and a lower total cost of ownership. Cornerstone’s triple-digit growth has been supported by a market-leading customer retention rate. Leading enterprises such as Aon, Barnes & Noble, DIRECTV, Honda, Pitney Bowes and Smith Barney count on Cornerstone to help them achieve organizational excellence and competitive advantage. Cornerstone OnDemand is headquartered in Santa Monica, California and has international offices in London, Paris, Munich and Tel Aviv. For more information, please visit www.cornerstoneondemand.com.   Press Contact: Michelle Haworth Cornerstone OnDemand, Inc. P: 310-752-0178 mhaworth@cornerstoneondemand.com

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