SANTA MONICA, Calif. and LONDON – Oct. 18, 2016 – Cornerstone OnDemand (NASDAQ: CSOD) today announced that Electrolux, a leading global appliance manufacturer, is expanding its use of Cornerstone’s cloud-based talent management software solutions in an effort to support the company in executing its business strategy.
Headquartered in Stockholm, Electrolux is a global leader in household appliances and appliances for professional use, selling more than 60 million products to customers in more than 150 markets every year. Known for its commitment to continuous product innovation, Electrolux aimed to implement an equally innovative approach to talent management across its global operations.
Global Alignment at Electrolux
Following a successful implementation of Cornerstone Recruiting, Electrolux now plans, as a next step, a region by region introduction of Cornerstone’s talent management suite across its salaried employee population. Enhancements to its current talent management initiatives will include:
- Globally aligned employee data. Leveraging Cornerstone Link, Electrolux will have a global repository of employee data to have more visibility of their organisation and make better business decisions.
- Enhanced learning and development. Through Cornerstone Learning, Electrolux employees will be able to access critical training, as well as participate in handpicked development courses.
- Efficient compensation management. Cornerstone Compensation will enable an intuitive line manager-facing annual salary review process to facilitate Electrolux’s pay-for-performance approach.
- Consistent and aligned performance. Cornerstone Performance and Cornerstone Succession will support strategy execution through objectives alignment, continuous feedback and development plans that are in line with future organisational needs.
Comments on the News
“During the last 18 months, we have worked together with Cornerstone to make our recruitment module implementation a success,” said Andreas Olofsson, vice president of HR Projects, Group HR, Electrolux. “We now look forward to a period of close collaboration and partnership developing the other talent management functionalities in order to support our managers and execute the business strategy.”
“Electrolux has a clear strategy to support the development of its employees, as well as the organisation as a whole, by building a better foundation for global HR processes with our unified solution,” said Vincent Belliveau, executive vice president and general manager of Europe, Middle East and Africa (EMEA), Cornerstone OnDemand. “We’re excited to deliver a solution that not only meets the needs of Electrolux’s HR team and business leaders, but that will also ultimately help employees realise their potential.”