CORPORATE EDUCATION AND TRAINING, TALENT DEVELOPMENT
Prescient | September 16, 2022
Prescient, a biopharma product and portfolio strategy firm, has announced the launch of its learning and development platform – Prescient Academy.Developing its staff is a strategic priority for Prescient, and its vision is to empower people to fulfill their potential and enable them to succeed. To this end, the firm has heavily invested in a world-class learning and development platform to elevate the capabilities of its people and become a more dynamic partner to its pharmaceutical clients.The Prescient Academy will deliver a blend of learning experiences, ranging from in-person workshops delivered across the firm's global offices to virtual or hybrid events and, crucially, a new digital platform with on-demand resources to support learning anytime, anywhere. The platform will enable Prescient team members to access on-demand digital learning from both in-house experts and external faculty; specialist content to expand their capabilities and expertise; a calendar of learning and development events so they can better plan their learning journey; and a dedicated space for social learning, where individuals can pose questions, start debates or upload content, so everyone at Prescient can continually learn from each other.
"It is so exciting to be leading the Learning & Development team as we embed a culture of continuous learning,Developing people is regarded as one of the strategic levers to help Prescient achieve its ambitious growth objectives and enable us to deliver the very best solutions to our clients. I am proud of the work my team is doing, in collaboration with business leaders and subject matter experts across the firm. The platform we are building will ensure our people have the skills to perform at their very best and accelerate the performance of new joiners."
Diane Whelan, Director and Head of Learning at Prescient.
Prescient® is a pharma services firm specializing in dynamic decision support and product and portfolio strategy. We partner with our clients to turn science into value by helping them understand the potential of their molecules, shaping their strategic plans and allowing their decision making to be the biggest differentiating factor in the success of their products. When companies partner with Prescient, the molecules in their hands have a greater potential for success than the same science in the hands of their competitors. Founded in 2007, Prescient is a global firm with a footprint in 10 cities across three continents. Our team of more than 500 experts partners with 27 of the top 30 biopharmaceutical companies, the fastest-growing mid-caps and cutting-edge emerging biotechs, including some of the biggest and most innovative brands. More than 80% of our employees hold advanced life sciences degrees, and our teams deliver an impressive depth of therapeutic, clinical and commercial expertise.
CORPORATE LEARNING SYSTEMS
Cornerstone OnDemand | September 08, 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," says José María Monge, BBVA's global Head of Talent Solutions and Head of Talent and Culture South America. “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."
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,"
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.
EDUCATION TECHNOLOGY, ONLINE EDUCATION
Ellucian | September 28, 2022
Ellucian, the leading higher education technology solutions provider, today announced a new partnership with higher education specialist consultancy, DVE Solutions, to resell Ellucian Quercus, a cloud-based Student Information System (SIS). The strategic partnership combines leading-edge technology with outstanding implementation expertise, enabling Australian higher education institutions to deliver on their digital transformations and drive tangible growth in a rapidly transforming sector.The newly signed deal positions DVE as the go-to-market partner for Quercus in the Asia-Pacific region, taking full advantage of DVE's reputation for delivering exceptional outcomes for educational institutions. With this agreement, Ellucian expands its already impressive partner ecosystem – the largest of its kind – which provides customers with access to digital expertise, solution providers and specialised systems.
"In Australia, 198,000 (13%) of students drop out before completing their chosen course each year. Given this, student retention and engagement are top priorities for higher education, and our Quercus platform is designed to support student success along the entire spectrum of the student journey,With DVE helping us drive adoption of Quercus, we're aiming to expand digital opportunities for higher education institutions that will directly impact student outcomes."
Keith Hawkes, Vice President, Australia for Ellucian
DVE Solutions CEO, Jo Schneider, added, "We continually hear the challenges around collecting and using student information, providing seamless process for students and staff, and meeting government statutory reporting requirements. The partnership with Ellucian will allow us to deliver end-to-end solutions that ensure efficiency and compliance.Designed especially for higher education, Quercus enables institutions to efficiently manage records, streamline staff efforts and deliver a convenient, connected student experience. The cloud-based student information system features a modern architecture, enabling institutions to adapt seamlessly as functional and technical needs change, offering easy integrations with non-Ellucian solutions as well.
Ellucian is the market leader charting the digital future of higher education with a portfolio of cloud-ready technology solutions and services. From student recruitment to workforce analytics; from fundraising opportunities to alumni engagement; Ellucian's comprehensive suite of data-rich tools gives colleges and universities the information they need to lead with confidence. Working with a community of more than 2,700 customers in over 50 countries, Ellucian keeps innovating as higher education keeps evolving. Drawing on its comprehensive higher education business acumen and suite of services, Ellucian guides its customers through manageable, sustainable digital transformation—so that every type of institution and student can thrive in today's fast-changing landscape. To find out what's next in higher education solutions and services, visit Ellucian at www.ellucian.com.
About DVE Solutions
DVE Solutions drives powerful change in educational institutions with a holistic approach that considers People, Process, Structure and Technology. DVE's team of specialists in system implementation, technology and change ensure that every project is undertaken with the right people doing the right work.