INDUSTRY NEWS ALERT: Cornerstone Announces Agreement to Acquire SumTotal from Skillsoft
mTotal, a learning and talent management software provider for approximately $200 million in a cash transaction.
mTotal, a learning and talent management software provider for approximately $200 million in a cash transaction.
enterprise workforce upskilling organization. On June 13, Skillsoft announced it agreed to sell SumTotal, a provider of human capital management software, to Cornerstone for approximately $200 million in cash.
The demand for leading-edge technical skills will not slow down. Global disruptions have increased the need for a wider array of available technical skills and competencies. Organizations need to choose the right partner to ensure they maintain the proper level of technical proficiency in their workforce. The Skillsoft and Codecademy combination is a compelling choice for a partner.
Level-setting on currently available skills through the use of assessments will position organizations to meet the challenges ahead. By using Skillsoft’s benchmarks to define and close current skills gaps, organizations can build a framework to continually meet the changing skill needs of the business and the future of work.
Employers have been trying to crack the code on delivering learning in the flow of work for some time now. It can be extremely challenging to bring the right learning to people when, where, and how they are working. Much of the dialogue on learning in the flow of work has centered on the individual, but this needs to evolve. It turns out, rather unsurprisingly, that the majority of the work that gets done is accomplished by teams.
Less than three weeks after combining into a larger, publicly traded company, Skillsoft Corp. expanded its leadership development portfolio with the acquisition of Pluma, a digital coaching platform that’s a great match for Skillsoft’s focus on helping organizations build a future-fit workforce.
Honoring the 2020 Brandon Hall Group Excellence Award-Winners: Best Unique or Innovative Leadership Development Program; Best Advance in Senior Manager Development; Best Advance in Coaching and Mentoring; Best Advance in Leadership Development Competency Models; Best Advance in Leadership Development; Best Advance in Measuring the Impact of Leadership Development; Best Advance in Leadership Development for Women; Best Advance in Executive Development
Honoring the 2020 Brandon Hall Group Excellence Award-Winners: Best Advance in Learning Technology Implementation; Best Use of Mobile Learning; Best Advance in Machine Learning and AI
Honoring the 2020 Brandon Hall Group Excellence Award-Winners: Best Use of Blended Learning
Honoring the 2020 Brandon Hall Group Excellence Award Winners: Best Advance in Competencies and Skill Development
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