Vision & Roadmap
Safe Harbor This presentation includes forward-looking statements. In this presentation, the words believe, may, will, estimate, continue, anticipate, intend, expect, predict, potential and similar expressions, as they relate to Cornerstone OnDemand, Inc. ( Cornerstone OnDemand or the Company ), business and management, are intended to identify forward-looking statements. In light of the risks and uncertainties outlined below, the future events, circumstances, and functionality discussed in this presentation may not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements. The Company has based these forwardlooking statements largely on its current expectations and projections about future events and financial trends affecting its business. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the date of this presentation and management s good faith belief as of such date with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause such differences include, but are not limited to: the Company s ability to attract new clients to enter into subscriptions for its solution; the Company s ability to service those clients effectively and induce them to renew and upgrade their deployments of the Company s solution; the Company s ability to expand its sales organization to address effectively the new industries, geographies and types of organizations the Company intends to target; the Company s ability to accurately forecast revenue and appropriately plan its expenses; market acceptance of enhanced solutions, alternate ways of addressing learning and talent management needs or new technologies generally by the Company and its competitors; continued acceptance of SaaS as an effective method for delivering learning and talent management solutions and other business management applications; the attraction and retention of qualified employees and key personnel; the Company s ability to protect and defend its intellectual property; costs associated with defending intellectual property infringement and other claims; events in the markets for the Company s solution and alternatives to the Company s solution, as well as in the United States and global markets generally; future regulatory, judicial and legislative changes affecting the Company s industry; changes in the competitive environment in the Company s industry and the markets in which the Company operates; and other factors discussed under Risk Factors and Management s Discussion and Analysis of Financial Condition and Results of Operations in the registration statement for the Company s recently completed initial public offering and the Company s periodic reports filed with the Securities and Exchange Commission (the SEC ). Forward-looking statements speak only as of the date of this presentation. You should not put undue reliance on any forward-looking statement. The Company assumes no obligation to update any forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting future performance or results, except to the extent required by applicable laws. If the Company updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. Any unreleased services or features referenced in this or other documents or public statements are not currently GENERALLY available and may not be delivered on time or at all. Customers who purchase Cornerstone OnDemand applications should make their purchase decisions based upon features that are currently available.
Agenda The Talent Management Challenge The Solution: Product Roadmap
The Talent Management Challenge
The Challenge Across All Teams Paper-based review are all pain without the gain Human Resources Managers Leadership No reminder system to alert managers Manual record-keeping and data entry Version control issues Anonymity not guaranteed Challenge meeting compliance Don t perceive reviews as a high priority Time consuming No guidance on how to provide effective feedback Anxiety about delivering bad news Poor insight into overall company performance Unable to aggregate data to make strategic decisions that impact the bottom line Individual goals not aligned with organizational performance metrics
The Challenge Employees who aren t developed, leave. Proves to be a high-performer Start Day Annual Review 1.5 Years 2 years Employee: Hits the ground running 30 min performance conversation with ill-prepared manager Employee: Itching for development opportunities Employee: Disengaged and looks for external opportunities Manager: Does not provide frequent feedback between reviews Manager: Caught off-guard and unable to retain top performer Unaware of employee s desired career path
The Solution:
Product Vision A self-configurable, mobile-optimized, world-class talent management solution to help growth companies realize the potential of their employees and their businesses.
Simple, Visual, Meaningful Reviews Take performance reviews from painful and unpopular to simple and meaningful Simple & Intuitive UI Employee Goal Setting HRSG Goals & Competency Templates Coaching Tips for Meaningful Feedback Powerful Analytics Self-Configurable Mobile Optimized 360 Reviews In-product Help Admin Mimic Dynamic User Dashboard Integrated elearning 24/7 Support at no extra cost Dedicated Account Manager Client Success Center Cornerstone was visually appealing and easy to use enabling ongoing performance feedback, tying competencies to roles, and measuring performance over time. -Katie Hajec Director of Talent @ Recovery Brands
Integrated elearning with Performance Develop and engage talent with integrated elearning 10 Best of Ted Talks playlist included in subscription Top-tier, modern content from Cegos and Skillsoft to inspire a culture of learning* elearning content available on any smart device * Additional fee for content
Continuous Product Innovation
2017 Product Vision
2017 Product Roadmap - Performance Content Live Updates- Phase 2 This phase will allow admins to introduce new goals and competencies mid-round as well as add or remove existing goals & competencies. Admin Mimic Provides admins the ability to mimic any user in their organization or take action on behalf of any manager/ employee Q2 2017 Q3 2017 Review Anyone Anytime Ability to add a subset of users to a review cycle to support project based cycle, team based cycle etc. Q4 2017 Copy Goals Manager/Employee can roll over goals between review cycles Check-ins v1 Performance is ongoing and so should be your ability to capture notes and check-ins with your team, outside of formal review rounds. Q1 2018 Employee Goal Setting Drive accountability and performance by empowering your employees to set their own goals, in partnership with their managers. *Roadmap subject to change
New Learning Management System Create, manage, and deliver learning your way, from training & compliance courses to continuous, modern elearning CONTINOUS & ON-DEMAND TRAINING & ONBOARDING COMPLIANCE SOCIAL COLLOBORATION & MOBILE Self Register for Courses Course Player Searchable Library Assign Courses Upload Content Course Publisher Email Notifications Reports Compliance Courses Assign Courses Due Dates Mobile Optimized Curate & Share Content INSPIRING, MODERN CONTENT
Established Market Leader for LMS 17 years of growth & innovation Unparalleled expertise in workforce learning Leader in 2017 Gartner Magic Quadrant for 4 th Consecutive Year Impact of Learning: 52% 17% 30% MORE Profitable HIGHER Productivity INCREASED Employee Retention Millennials rate professional development as their #1 driver of engagement
Dynamic, Modern Learning Searchable Library Compliance Training & Tracking Course Player Top Tier Modern Content Course Publisher In-product Help Upload Content 24/7 Support at no extra cost Self-Register & Assign Courses Dedicated Account Reports & Analytics Manager Customizable & Self-Service Client Success Center Mobile Optimized *Features subject to change
Looking Ahead 2018 Ideas
9-box Analytics Enhancements Filter people suing manager, roles, tags Quickly identify historical trends *subject to change
Development Plans Learning & Development Develop employees and address skills gaps Career pathing Suggested learning activities Document sharing/collaboration between employee and manager Display assigned learning activities with suggested timelines *subject to change
Thank You!