Digitalization is creating new occupations across all industries.
Talent training requires the integration of LMS, LXP, and modern content.
Existing talent also needs to adapt to new occupations.

Cornerstone OnDemand announced its entry into the Korean market on the 12th, with Samsung Electronics as its first customer.

Adam Miller, founder and CEO of Cornerstone, who visited Korea to advance into the domestic market, presented a keynote speech titled “The Power of Potential” at a press conference, where he presented ways for global and domestic companies to secure corporate competitiveness through talent training and talent experience.

“Currently, digitalization is rapidly introducing new technologies across all industries, and new job groups suitable for the changing environment are continuously emerging,” said CEO Miller. “In this situation, it is absolutely necessary to carefully select candidates suitable for each job group, develop talent, and retain them effectively to secure and maintain corporate competitiveness.”

He continued, “Current talent education is transitioning from uniform education conducted in classrooms to social learning and modern workplace learning,” and “In order to develop the potential of talents, talent management and employee experience in companies are necessary. He emphasized that “Experience” should be combined.

Finally, he stated, “In this respect, modern learning requires a comprehensive strategy that combines a Learning Management System (LMS), a Learning Experience Platform (LXP), and modern content.”

At the end of his keynote speech, CEO Miller shared success stories from Cornerstone's global clients, announced Samsung Electronics as Cornerstone's first domestic client, and shared the talent development and management strategies of global innovative companies.


Corporate talent development and learning trend issues
To celebrate its entry into the domestic market, Cornerstone held its first press conference in the form of a panel discussion with human resources experts.

This discussion was attended by five human resources experts, including Chirag Shah, Senior Vice President of Cornerstone, Eunmi Cho, Executive Director of Human Resources at Ecolab Korea, Seongjin Kim, Managing Director at Deloitte Consulting, Daebong Kwon, Professor Emeritus at Korea University, and Sangwook Park, President of CDK (moderator), who discussed current trends in talent development and learning within companies, issues, and solutions.

Professor Emeritus Kwon Dae-bong of Korea University, who attended the panel discussion, said, “In order to maintain corporate productivity or even improve productivity under the government’s various labor policies and corporate employee welfare policies, changes in the work environment and educational methods are necessary.” He added, “Work environmentHe emphasized, “With digital transformation, the key to education is to devise ways for company members to take the initiative in learning.”

According to Deloitte Consulting's 2019 'Human Capital Trend' survey, 86% of respondents said talent training was important, while only 10% said they were very prepared, said Kim Sung-jin, managing director at Deloitte Consulting.

Additionally, with the active adoption of robotics and AI technologies, the jobs required within companies are being reorganized, and as a result, jobs that disappear, jobs that need to change, and new jobs that are emerging are becoming commonplace.

Managing Director Kim Seong-jin said, "For companies to respond to this environment and maintain productivity, it is becoming increasingly important to continuously secure talent suitable for new positions and reskill internal talent to enable them to adapt to changing job roles."

Regarding running solutions, he said, “It is very important to quickly understand the running-related needs of advanced companies at home and abroad and to be able to continuously upgrade and evolve,” and explained, “Cloud-based running solutions are gaining popularity in the market because their structure is advantageous as the number of companies and users accumulates.”

Eunmi Cho, Executive Director of Human Resources at Ecolab Korea, said, “With digitalization progressing rapidly, learning agility is a necessary skill for key talent, and the core competency of organizations still lies in people development.” She added, “In the future, companies’ training models will utilize digital-based LMS.”

For that reason, “from the company’s perspective, it reduces complexity “This is because it has the effect of reducing costs, managers can obtain real-time insights through convenient analysis and management, and employees can access training opportunities anytime, anywhere,” he explained.

“Innovative companies around the world are acutely aware of the importance of talent development and education to secure corporate competitiveness,” said Chirag Shah, Senior Vice President, who visited Korea for this launch event. “Cornerstone’s customer support policy is to enhance corporate competitiveness by integrating various successful cases of cloud-based learning solutions and human resources strategies.”

Meanwhile, Cornerstone plans to conduct sales and marketing activities targeting domestic large corporations and mid-sized SMEs in the future, and its partners include Samsung SDS, i2MAX, and COINUS.