Continuing Education
PR Newswire | September 28, 2023
Today, Vernier Science Education, a leading provider of innovative science and STEM education solutions, announced a significant organizational shift that will chart the course for its mission and values for the foreseeable future. The company will evolve from partner-owned to being owned by a Perpetual Purpose Trust. This allows Vernier Science Education to ensure values-aligned ownership succession and uphold its core mission and values indefinitely, ensuring that its social and charitable objectives remain a priority in perpetuity, securing the futures of its valued employees, and reinvesting profits back into the business while sharing benefits with employees, customers, and communities alike.
The Perpetual Purpose Trust is a bold and innovative approach that aligns perfectly with Vernier's vision of serving educators, students, the STEM community, and communities at large. The decision to reevaluate and reimagine Vernier's ownership model and long-term commitment to its mission comes as John Wheeler, the CEO of Vernier Science Education, prepares to step back from day-to-day activities, ushering in a new era of innovation and purpose-driven sustainability for the company.
"Our decision to reevaluate our business and establish a Perpetual Purpose Trust stems from our unwavering commitment to STEM education and sustaining the values and principles that have defined Vernier for decades. This transformational shift will enable us to secure the future of our employees, reinvest in our business, and continue our mission of creating a STEM-literate society," said Wheeler. "I am honored to continue to guide our work during this transition, and I look forward to the remarkable achievements that lie ahead for Vernier Science Education."
Wheeler will remain in his position as CEO until a nationwide search identifies a replacement. He will continue to be active in Vernier Science Education providing guidance and leadership to the organization and supporting the new CEO.
The transition from partner-owned to Trust-owned will be funded by both gifting and purchase of shares from current Partners. Dave and Christine Vernier, the company's co-founders and key figures in its success, will remain actively engaged in the Vernier Science Education family, offering their invaluable insights and support as the company embarks on this exciting new chapter.
"Vernier Science Education has always been driven by a deep commitment to advancing STEM education. As we transition to a Perpetual Purpose Trust, we're reaffirming our dedication to our mission and values, and commitment to staying a local independent Oregon-based company for generations to come," said Dave Vernier. "Christine and I are excited to continue contributing to the Vernier family and witnessing the positive impact this strategic move will have on educators, students, and the STEM community. This is how we pay back the years of success our organization has had and give back to our community."
By establishing a Perpetual Purpose Trust, Vernier Science Education joins other socially-conscious organizations, foundations, and companies committed to long-term sustainability, fostering a sense of purpose that extends far into the future.
About Vernier Science Education
Vernier Science Education is a leading provider of innovative solutions for STEM (Science, Technology, Engineering, and Mathematics) education. For over four decades, Vernier has been dedicated to supporting educators and inspiring students to explore and understand the world of science. With a commitment to quality, Vernier's comprehensive range of data collection and analysis tools, along with its educational resources, empowers educators to facilitate engaging and hands-on learning experiences. To learn more, visit vernier.com.
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Corporate Learning Systems
PR Newswire | September 21, 2023
D2L, a global learning technology company, today announced the formal launch of D2L for Business – a corporate learning solution designed to maximize return on investment (ROI) in learning and help empower employers to attract, retain, onboard, and upskill their workforce.
D2L for Business combines the benefits of an existing network of world-class education providers, skill development solutions, and expert consulting services along with D2L's world class Learning Experience Platform (LXP) and authoring tools, creating one integrated, easy-to-use corporate solution.
The 2023 World Economic Forum's Future of Jobs Report predicts that 44% of workers' skills will be disrupted in the following five years – rising significantly from 35% in 2016. And, according to D2L's 2023 White Paper, 80% of U.S. adults expressed some interest in pursuing additional skills training over the next 12 months.
"With recent rapid advancements in AI, the changing nature of jobs, and skills shortages, it's essential for employees to continue to upgrade their skillsets – and for businesses to offer the right learning to remain competitive in the talent market," said John Baker, CEO of D2L. "For over two decades, we've helped hundreds of organizations drive their business forward with the right learning for the skills they need. D2L for Business will help take our customers to the next level with a simple, seamless, and personalized mix of technology and services to help fuel a skilled workforce prepared to take on the future."
D2L for Business helps employers maximize organization-wide learning ROI and their workforce's satisfaction, retention, and internal mobility through:
Skills Mapping and Pathways: D2L for Business uses AI-driven algorithms and industry experts to help develop a comprehensive skills audit, map skills to careers, and identify custom learning pathways for desired careers and skill sets. This helps businesses create a skills pipeline aligned with business objectives, fill open roles, and close skills gaps.
Network of World-Class Education Partners: D2L for Business can help businesses streamline their learning administration through a curated provider network of industry-leading universities, colleges, and training organizations. Employers can easily deploy a centralized catalog of career-aligned programs and courses to talent at every level of the organization.
Customized Learning: D2L for Business can help businesses create and deliver their own customized digital learning experiences through D2L's LXP. This can enable organizations to rapidly scale and deploy learning that aligns with their strategic goals.
Learning Analytics: D2L for Business offers built-in insights to help maximize businesses' ROI with a birds-eye-view into learner progress and outcomes. Employers can gather integrated, organization-wide data about course completion rates and employee skill development, and then make data-informed decisions to help ensure future-readiness. "When it comes to revamping your learning and development program, it's important to have a plan in place that's going to take your business to the next level, and into the future," said Melissa Stein, Officer of Learning & Development at Tompkins Financial. "Tompkins specifically chose D2L as its corporate learning platform for its flexibility, ability to provide content in all areas of learning, and its two decades of trends-focused, forward-looking innovation."
D2L for Business can help empower companies to make their skilled teams a competitive advantage, future-proofing their organization to fuel growth. For more information on D2L for Business, please visit https://www.D2L.com/solutions/corporate/.
About D2L
D2L is transforming the way the world learns—helping learners of all ages achieve more than they dreamed possible. Working closely with clients all over the world, D2L is supporting millions of people learning online and in person. Our growing global workforce is dedicated to making the best learning products to leave the world better than they found it. Learn more about D2L for K-12, higher education and businesses at www.D2L.com.
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Corporate Learning Systems
Business Wire | October 03, 2023
SkyHive®, the recognized leader in generative AI applications for companies and governments on their reskilling journey to build capable and future-proof workforces, today announced that its real-time labor market data is partnering with Fuse, the SaaS-based AI-powered learning experience and management (LXP/LMS) platform for workflow learning.
SkyHive ingests 24TB of raw data daily from over 180 countries, which spans job types, skills, salary, and labor economics. Using SkyHive’s data, Fuse can map customers’ skill gaps to learning opportunities to deliver more personalized experiences that allow organizations to reskill and help individuals achieve their desired career goals.
“We’re thrilled that Fuse will be taking advantage of SkyHive’s unique insights,” says SkyHive Founder and CEO Sean Hinton. “Both our companies are committed to reskilling, and Fuse getting this level of skills insights is a natural fit.”
Fuse is a recognized leader in learning and development transformation for businesses on a global scale, partnering with a diverse range of global brands, including Panasonic, Mazda, Avon, IHG, Dropbox, and others. Through its AI powered platform, it fosters a dynamic learning culture that encourages everyday learning moments, while seamlessly integrating learning, knowledge, and communication directly into the workflow. This integration allows organizations to enhance workforce capabilities, keeping teams consistently updated with the latest learning and knowledge, enabling them to complete tasks efficiently.
"By combining SkyHive's powerful skills platform with Fuse's expertise in learning, we are creating a comprehensive solution that transforms skills mapping, personalized learning, and career development,” says Steve Dineen, CEO of Fuse Universal. “This partnership enriches the learning experience, helps bridge skills gaps effectively, and provides our customers with a more data-driven approach to skills development and career advancement."
SkyHive is learning-platform agnostic and can integrate into platforms like Fuse that are interested in advanced, AI-driven learning experiences. Learn more about Fuse and SkyHive’s partnership during the October 3 webinar.
About SkyHive
SkyHive is a Certified B Corporation and generative artificial intelligence software company that rapidly reskills companies and communities worldwide. SkyHive is recognized as a top AI innovator by Forbes, and a World Economic Forum Global Innovator.
Gartner named SkyHive a "Cool Vendor" in HCM and in its 2023 "Hype Cycle" reports for HR Technology, Talent Acquisition Technology, and Workforce Transformation.
Leading enterprises and innovative government organizations use SkyHive’s cloud-based applications, Human Capital Operating System™, and SkyHive’s Quantum Labor Analysis® to power the future of work at its most granular level: skills. In addition, SkyHive has been recognized by the World Economic Forum, GPAI, RAII, and others for leading efforts in ethical AI and its positive impact on labor economies worldwide. For more information, visit www.skyhive.ai.
About Fuse
Fuse started with fuseSchool, a charitable foundation started by Steve Dineen that empowers millions of learners around the globe by giving them access to a world-class education for free-anytime, anywhere. It currently has more than 10 million learners with a goal of 100 million in 2023.
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