HR PRACTICE,EMPLOYEE BENEFITS
BBVA and Cornerstone | September 12, 2022
Cornerstone OnDemand, Inc., a global leader in adaptive HR solutions, announced today that BBVA, a leading financial institution, is leveraging Cornerstone’s tools to develop and enhance its employee growth strategies and manage various talent areas, including recruitment, assessment, learning and mobility.
More than a decade ago, BBVA began a digital transformation process that has accelerated in recent years as a result of the pandemic. The new jobs and competencies needed to ensure a successful business transformation represent a significant challenge, requiring an agile response from a talent development perspective. BBVA understood that one of the keys to adaptation was to accelerate and modernize its learning strategy for its workforce. This led the organization to create several innovative talent projects, each with the goal of giving its employees the most accessible and personalized learning and development tools.
"Employees are the backbone of every great company, Therefore, investing in their learning and development has become a priority. Cornerstone has allowed us to create an ecosystem of interconnected tools that help us find, retain and train the best talent in our organization in a more agile way, as well as adapt to our current needs."
-José María Monge, BBVA's global Head of Talent Solutions and Head of Talent and Culture South America
Some of BBVA's most successful projects to date include:
This initiative uses gamification to make the online learning platform experience more rewarding, interactive and entertaining. Increased learning platform activity as a result of this innovative approach, while encouraging employees to continue to participate in training and development activities. Managed through Cornerstone's e-commerce solution, each course has an associated number of B-tokens, which are awarded to employees upon completion of the training. The more they increase their B-tokens balance, the more access they receive to additional advanced training, including a master's degree.
Understanding that a company's know-how often resides with individuals, employees can also earn B-tokens by teaching specific skills to their own colleagues. The B-token model encourages more experienced employees to share their knowledge with other colleagues promoting knowledge sharing and boosting expertise at a Group-wide level.
B-token have enabled our employees to access any training content of interest to them, whether online, virtual or face-to-face. In addition, it has great advantages for the bank as it allows us to promote those actions linked to our strategy, incentivising learning and creating a culture of growth and development, says José María Monge.
“The Camp" Project
The Camp is an initiative created by BBVA and accessed through Cornerstone. It has been designed to accelerate the "reskilling and upskilling" of employees. After identifying 14 core capabilities, BBVA designed training journeys with three levels of specialization. To promote the completion of these journeys, it developed internal gamification through the creation of The Camp. The game consists of a camp where each training journey becomes an expedition and each employee is a hiker, a beginner mountaineer or an advanced mountaineer, depending on how they progress in their expedition. The Camp gamification is accessed through the Cornerstone platform, as both tools are connected.
Performance feedback and assessment
Evaluating ongoing performance of BBVA employees is a continuous process that culminates in an annual evaluation with a 360-degree view. It incorporates performance feedback from managers, peers, collaborators, as well as colleagues from other areas that the employee may have worked in. BBVA integrated Cornerstone’s evaluation solution with Google Cloud to maximize efficiency in data consolidation process and results analysis, also supporting calibration workflows and customized growth and development plans.
At Cornerstone, our greatest satisfaction comes when our clients take our solutions and create innovative strategies to nurture talent, BBVA has shown great initiative and creativity, adapting our tools to the specific learning and performance needs of its employees. We look forward to continuing to expand our partnership and helping BBVA grow,says Marc Altimiras, AVP Cornerstone South.
BBVA is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico and it has leading franchises in South America. It is also the leading shareholder in Turkey’s Garanti BBVA and has an important investment, transactional and capital markets banking business in the U.S. Its purpose is to bring the age of opportunities to everyone, based on our customers’ real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. The institution rests in solid values: Customer comes first, we think big and we are one team. Its responsible banking model aspires to achieve a more inclusive and sustainable society.
Cornerstone powers the future-ready workforce with adaptive HR solutions designed to unite technology, data and content and inspire a work environment of growth, agility and success for all. With an experimental, AI-powered, skills-based system designed for the contemporary workforce, we help organizations modernize their learning and development experience, deliver the content that matters most from anywhere, accelerate talent and career mobility, and establish skills as the universal language of growth and success across their enterprise. Cornerstone serves more than 7,000 clients and 90 million users and is available in 180 countries and 50 languages.
HR PRACTICE,RECRUITMENT & RETENTION
AspireHR | September 19, 2022
AspireHR, an SAP Gold Partner and one of the largest North American HCM implementation, software, and managed services firms, announced its launch of AspireHR Recruiting™, a scalable AI and automation-powered recruiting and onboarding solution with video interviewing, advanced scheduling, and enhanced mobile capabilities designed to accelerate the hiring of top talent.
As a leader in HCM innovation, AspireHR launched its new recruiting product in Vegas this week at prominent HR technology events, HR Tech and SuccessConnect. AspireHR Recruiting’s intuitive and full-featured design leverages AI, automation, and video to drive business efficiency and create amazing recruiting and candidate experiences.
With increasing competition amongst companies to hire standout talent, recruiters are tasked with finding and hiring candidates with specific skillsets and experience in the fastest time possible. In a single platform, AspireHR Recruiting™ leverages AI and automation to help recruiters source, interview, and place the right talent in the right role, faster. It also eliminates potential bias during the recruiting process, supporting diversity, and ensuring corporate DEI objectives are met.
“Rather than passively responding to an ever-shifting workforce, businesses now have a way to fiercely compete in the battle for new talent. With AspireHR’s configurable workflows and powerful suite of innovative features, recruiters can dramatically enhance candidate experiences while also transforming business with technology that tips the scale towards a successful hire,”
- Kevin Chase, President and CEO of AspireHR
AspireHR Recruiting sets itself apart from traditional recruiting and applicant tracking systems in the market, bringing a unique feature set that allows recruiters to:
Create engaging experiences with trailblazing video and enhanced mobile features: Create exceptional recruiter and candidate experiences, including enhanced video interviewing capabilities, plus full functionality across desktop and mobile devices.
Leverage automation and AI to identify and hire top talent: Attract, identify, and engage top talent faster with AspireHR’s artificial intelligence recruiting engine, automated processes, and optimized workflows.
Get powerful interview screening and scheduling capabilities: Eliminate manual efforts and reduce administrative tasks with automated interview scheduling, freeing up time for recruiters to build relationships with candidates
Ensure compliance and achieve DEI goals: Remove potential bias throughout the entire recruiting process, supporting diversity and ensuring corporate DEI objectives, compliance audit, and reporting
Gain valuable insights with real-time dashboards and analytics: Make faster hiring decisions and identify recruiting trends using data-driven insights from AspireHR’s mobile-friendly integrated dashboards and analytics.
AspireHR Recruiting easily integrates with HCM platforms like SAP SuccessFactors, as well as career sites and job boards. It offers mobile-friendly, visually compelling dashboards with real-time analytics to make actionable insights and effective hiring decisions even while on-the-go. AspireHR Recruiting’s configurable design also offers businesses an amazing set of customizable features like AI job searching, resume-to-profile uploading and parsing, quality candidate matching, automated scheduling (and rescheduling of interviews), in-app video interviewing and interview bots, blind screening and transcription, candidate sentiment analysis, onboarding capabilities, questionnaire engines, background checks, and career site design and hosting.
Replicon | September 21, 2022
Replicon has launched the world's first Knowledge Workforce Management Solution, which is built using AI-powered ZeroTime™. The organically built solution is designed to align people, projects, skills and time on one single platform, thus enhancing employee experience, productivity and overall profitability. Replicon's Knowledge Workforce Management Solution provides the highest level of data accuracy and data quality in real time using AI & ML technologies.
In most organizations, the data related to people, projects, skills and time are stuck in different siloed systems. Business functions like Project Delivery, Finance and HR have their own challenges with purpose-built solutions and tailored processes. With the rise of hybrid and remote work models and the resulting proliferation of work apps and collaboration tools, silos in an organization have widened. All this has led to data chaos.
"Replicon has a strong leadership in providing Unified Time Tracking for Project Delivery, Finance and HR, We have extended the same powerful, loved-by-end-users platform to provide a single source of truth for People, Projects, Skills and Time."
-Lakshmi Raj, Co-CEO at Replicon
Managing siloed data related to people, projects, skills and time is a major challenge for fast growing businesses. With a unified and shared data platform, Replicon's Knowledge Workforce Management Solution eliminates data and process silos across business functions in an organization.
A Modern and Unified Solution Designed for Your Business
Leverage our robust knowledge workforce management solution that takes a comprehensive approach towards effective knowledge workforce management.
Automated Capture of Time Data From Over 100 Work Apps: Collect accurate employee time and work data automatically from multiple work apps and collaboration tools by leveraging AI-powered ZeroTime.
Ready for Global Deployment: Enable multiple business locations and multiple employee types in a single application instance with Global Administration purview and local control, thus eliminating data silos.
Modern, Scalable, Robust Platform: Personalize the platform for your business, encode business rules, while offering a modern user interface with the provision for seamless enterprise end-to-end integration.
Intelligent Resource Management: Manage your resources like an asset and have a direct impact on your services business. Avoid sub-optimal resource allocation and endless back-and-forth to resource projects.
Real-time Project Management: Track project progress with live updates from resources around effort and completion estimates. Automatically get updates on project status and identify project risks to enable timely course correction.
Centralized Skills Management: Track skills, certificates and expertise levels for each resource in one place for making informed hiring and training decisions.
Raj Narayanswamy, Co-CEO at Replicon, said, Replicon Knowledge Workforce Management Solution provides the highest level of data accuracy and data quality in real time using AI & ML technologies. It is built to seamlessly integrate and operate within your current ecosystem. It enables data-driven decision-making across all service delivery functions like project management, resource management, billing, revenue management and pay compliance.
As a pioneer in Time Intelligence, Replicon elevates people as a strategic asset within organizations, improving operational productivity, performance, and profitability. Replicon's award-winning cloud-first solutions for enterprise time management, project time tracking and workforce management are in use by many Fortune 500 companies across the globe. Replicon also offers Polaris, the self-driving Professional Services Automation (PSA) and Project Portfolio Management (PPM) solutions, which help project-driven organizations optimize resource utilization for increased productivity and profitability.
With over 25 years of industry leadership, Replicon continues to innovate new approaches to effectively manage people's time, their skills, projects and resource utilization. Most recently, Replicon launched the world's first Knowledge Workforce Management Solution, which enables organizations to seamlessly collect and process data related to people, projects, skills and time, ensuring a single source of truth for harmony across business functions. Our innovative solution is powered by ZeroTime™ to harness the power of a single source of accurate data in real time and eliminate all manual processes.