CORPORATE EDUCATION AND TRAINING
Axonify | September 07, 2022
Norwegian grocer Coop is working with leading training solution provider Axonify to deliver personalised learning to 28,000 employees across 1,250 stores as part of their mission to prioritise employee performance and align learning outcomes to business goals. With disruption continuing to impact the grocery market, Coop sees a modern approach to employee development as a key competitive differentiator, contributor to top-line revenue, and essential for developing and retaining employees. "If people think our store staff are amazing, they'll come back," says Margrete Martin, Head of HR Development. "We want to provide the best experience for our customers and our employees, right across the business. We believe the best people will want to work for Coop because they know we create opportunities for them. We love Axonify's approach of creating short, engaging learning paths that are personalised to each individual's training needs. It's the perfect platform to bring our learning vision to life." Coop's internal training programme is designed to align learning to the objectives of the business, and not to be a box-ticking exercise. They want it to be accessible to everyone, personalised to each individual, and engaging enough to keep employees logging in. Axonify's frontline-focused platform will help Coop deliver on their vision, enabling them to align the right learning content to their roles and - critically - making it accessible in the flow of work through mobile and store devices.
Measuring the impact of training is particularly important to Coop, and Axonify excels at closing the loop on learning measurement. Reporting gives the business a complete view of where employees are most knowledgeable and confident so they can target their training and coaching efforts accordingly. Dashboards also provide detailed insights on how training is influencing specific business targets.
"The team at Coop are taking a fresh approach to learning."They are focusing on the outcome of the training and how to get results that contribute to the performance of the business - not just on the content itself. They want to bring together digital and face-to-face learning and ensure that the whole experience is truly engaging their employees. We're incredibly excited to go on this journey with them."
Liam O'Meara, VP Europe, Axonify
Coop is the second largest retail company in Norway and operates approximately 1160 grocery stores in six chain concepts: Obs, Extra, Coop Prix, Coop Mega, Coop Market and Matkroken. In addition, Coop operates 110 DIY stores through the chains Obs BYGG and Coop Byggmix. Coop is owned by its customers through their membership in one of 62 co-operatives in Norway. Coop currently has 2 million members and an annual turnover of 59,9 billion.
Axonify gets frontline employees ready for anything with a training and communications solution that delivers. Why does it work so well? Because the experience is fun, fast, personalized and designed to make critical information stick. And employees love it—83% of users log in 2-3 times a week, which translates into meaningful behavior change that drives business results. More than 200 customers in 155+ countries around the world, including Walmart, Kroger, Levi's and Merck, trust Axonify to fuel their people's performance to keep pace with their business. Founded in 2011, Axonify is headquartered in Waterloo, ON Canada
EEO | July 08, 2022
In July, 2022, with the support of EEO's hybrid technologies, Peking University successfully concluded the first academic year of its Global Open Courses Program in partnership with a list of distinguished institutions, including Tokyo University, Nanyang Technology University, Moscow State University, Waseda University, University of Granada, Osaka University, Ritsumeikan University, Chulalongkorn University, Cornell University, and Cairo University.
EEO was founded in 2014 with the purpose of building an inclusive and student-centered learning ecosystem through the power of technology. Since 2019, EEO and Peking University joined hands to collaborate on digitizing physical learning environments, constructing specialized archeology classrooms, and adopting hybrid learning methods. It is a nonstop journey for EEO and Peking University to explore how to better motivate students and support educators in experimental teaching strategies. The project of Global Open Courses Program focuses on how hybrid learning gives rise to an enriched learning experience and expands learning communities.
Hybrid learning, a method that incorporates hybrid technologies and open educational practices, has witnessed increasing adoption in K12 and higher ed institutions globally. Teaching Economics as part of the Global Open Courses Program, Professor Huang Yiping successfully engaged students in the classroom and those joining virtually with group discussions and activities.
"Our professor came up with eight topics for discussion, encouraging us to form groups with students overseas. And we have been keeping in close touch with students online as well." Li Yipin, a student in Professor Huang's class, reported.
For many, the program's hybrid courses placed vast learning resources within reach. With abundant course offerings, students had extensive opportunities to explore emerging topics with a cohort coming from diverse background.
The platform of choice, ClassIn, is an all-in-one solution for online and hybrid learning with interactive virtual classrooms, a school management backend system, student learning reports, and more. Currently under internal testing, the product will support more innovative teaching methods by transforming into an LMS, a platform that caters to each step of the learning process in addition to the already powerful synchronous in-class interaction.
It is evident that EEO's product family is designed with the consideration of scientific methods, masterful teaching, and lifelong learning. ClassIn, one of the first online classrooms in the world, was released in 2015. Building on feedback from educators and in-depth research, EEO released ClassIn X, a new hybrid solution for the new era. The company is also in the process of developing TeacherIn, a curriculum co-construction platform. It helps teachers find like-minded partners, with whom they can design and share lessons.
As of now, EEO has partnered with more than 60,000 institutions around the globe and expressed great passion to collaborate with international educators and institutions, sparking the creativity of teachers and creating innovative learning experiences for students.
Frontline Education | October 06, 2022
Thoma Bravo, a leading software investment firm, today announced the completion of its sale of Frontline Education, a leading provider of administration software purpose-built for educators in K-12, to Roper Technologies, Inc. (NYSE: ROP) in an all-cash transaction that values Frontline at approximately $3.725 billion. Frontline, which offers solutions for human capital management, student and special programs, and business operations with powerful analytics to increase productivity and improve overall performance for K-12 administrators, has been a trusted partner to K-12 leaders across all 50 states for decades.
"We are grateful to Thoma Bravo for their invaluable partnership over the last five years which has allowed us to further expand the use of our critical solutions by educators across the country,As part of Roper, we are excited to bring enhanced innovation and value to our clients in alignment with our mission to empower K-12 schools with the technology capabilities they need to succeed."
Mark Gruzin, Chief Executive Officer of Frontline Education
We are extremely proud of our partnership with Frontline and what we have been able to achieve together," said Holden Spaht, a Managing Partner at Thoma Bravo. Applying our deep sector expertise, we worked with Mark and the Frontline team to make strategic acquisitions, increase revenue and expand product offerings and headcount in order to drive sustainable long-term growth. We look forward to following Frontline's continued success with Roper as their partner. J.P. Morgan Securities LLC, Jefferies LLC and Macquarie Capital served as financial advisors and Kirkland & Ellis LLP served as legal advisor to Thoma Bravo and Frontline Education. Cooley LLP also served as legal advisor to Frontline Education.
About Thoma Bravo
Thoma Bravo is one of the largest private equity firms in the world, with more than $122 billion in assets under management as of June 30, 2022. The firm invests in growth-oriented, innovative companies operating in the software and technology sectors. Leveraging the firm's deep sector expertise and proven strategic and operational capabilities, Thoma Bravo collaborates with its portfolio companies to implement operating best practices, drive growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings. Over the past 20 years, the firm has acquired or invested in more than 400 companies representing over $220 billion in enterprise value. The firm has offices in Chicago, Miami and San Francisco.