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> Cornerstone OnDemand > A new Learning Management System (LMS) designed to meet the needs of their rapidly growing business.

A new Learning Management System (LMS) designed to meet the needs of their rapidly growing business.

White Paper Published By: Cornerstone OnDemand

BECU had an existing Learning Management System (LMS) that users found difficult to navigate and use, leading to high employee frustration and lack of engagement. In addition, their existing solution was complicated to administer and manage, essentially a full time job. As one of BECU's objectives down the road is to open the LMS to their extended enterprise (currently 500,000+ throughout the world), it quickly became clear that they needed a more robust, intuitive solution. BECU also found their existing solution to have a rigid and complicated pricing structure. In summary, BECU needed a new LMS designed to meet the needs of their rapidly growing business.



Tags : 
cornerstone ondemand, learning management system, lms, becu, employee training, e-learning, talent management, employee performance management

Cornerstone OnDemand
Published:  Jan 13, 2010
Type:  White Paper
Length:  1 pages

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T S Business Challenges and Objectives S With more than 500,000 members and more than Prior to se lecting Cornerstone OnDemand, BECU had an existing Learning Management System S $6.5 billion in assets, BECU (formerly known as (LMS) that users found difficult to navigate and use, leading to high employee frustration and lack Boeing Employee Credit Union) is the largest of engageE credit union in Washington and one of the top ment. In addition, their existing solution was complicated to administer and manage, essentially a full time job. As one of BECU's objectives down the road is to open the LMS to their five financial cooperatives in the country. All extended e nterprise (currently 500,000+ throughout the world), it quickly became clear that they C
Washington state residents are eligible to join needed a more r obust, intuitive solution. BECU also found their existing solution to have a rigid C BECU, which operates full service financial and complicated pricing structure.centers as well as dozens of neighborhood U
financial c enters in popular supermarkets. In summary, BEC U needed a new LMS designed to meet the needs of their rapidly growing S
business. These critical needs included: Vertical/Industry: Financial Services A better, more intuitive user interfaceR Live Since : October 2005 An easier-to-administer LMSE Number o f Employees: 850 A system that could integrate current competency training, new coursework and Implemen tation Time: 8 weeks outside e-Learning content Modules/Solutions Used: M
A guaranteed rapid implementation Cornerstone LearningT Top quality support and services Cornerstone Content ManagementTO
A fairly priced solution that allowed scalability without sacrificing cost-savings Cornerstone AnalyticsTT Future Modules: S Cornerstone Extended EnterpriseT The Journey / Selection Process Cornerstone PerformanceTU BECU reviewed three LMS providers over a period of two months. For BECU, it was critical to implement a solution that could not only outperform their existing LMS, but to select a vendor C
that could grow with the business; BECU has ambitious plans to extend their e-Learning programs beyond their employees to make select coursework available to all their members. BECU was In selecting a vendor, we got the also interested in selecting a vendor that provided a more holistic view of talent management, visceral sense that Cornerstone would offering other functionality that they could deploy down the road such as employee performance "fully support our growth. Cornerstone management. Moreover, BECU also wanted to select an organization that "understood their challenges" and would work with them to find solutions."Learning plays a core part of our overall talent management strategy, Based on these requirements, BECU selected Cornerstone OnDemand. . and the potential for future growth is dev paramount to our success as an re employer and a business. The Result / Business Impact seR In just two months, 850 BECU employees were actively using Cornerstone OnDemand. With sth Sheri Sala, Performance and Project Support Manager, BECU Cornerstone, employees are able to access over 160 e-Learning courses and dozens of giR "Instructor-led Training courses. Cornerstone's content management tools enable BECU adminis- ll trators to design new courses on-the-fly, without incurring incremental costs each time additional A "tools are required. This has resulted in more compelling course content, with more hands-on © simulations and deeper skills development. Cornerstone AnalyticsT provides BECU managers mo with powerful reporting tools to determine which courses are the most effective, and which c. About Cornerstone OnDemand d groups need additional training, for example.na m Cornerstone OnDemand helps organizations to e Since switching to Cornerstone OnDemand to support their learning and training needs, BECU D empower their people and optimize workforce n has O productivity by offering a comprehensive suite of en integrated talent management solutions for Achieved immediate cost savings (50% less training costs per year, compared to the ots learning, performance, compensation, succes- former LMS) re sion and compliance management, as well as Delivered an intuitive LMS with ... [download for more]

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