Here’s why:Ĭornerstone is shaking-up the lives of over 3000 Saba customers, primarily to pump-up cash flow for its investors. So what do I think about this mega-merger? Call me crazy, but I’m underwhelmed. My View From the LMS Customer Front Lines Here’s my summary:ġ) Faster Innovation: Blending R&D from both companies will make it possible to develop more stuff, more quickly, across the product suite.Ģ) Broader Reach: The combined customer base will drive stronger content, support, systems integration and technology partnerships around the globe.ģ) Increased Cash Flow: By eliminating duplication, Cornerstone expects to free-up enough funds to pay-off the acquisition debt, with plenty of extra cash available for additional investments to grow the business. When speaking with industry analysts, Cornerstone emphasized 3 key benefits of this deal. AlixPartners has been retained to help support the integration of the two organizations, focused on operational excellence and maximizing client value.” Acquisition Upside: My Snapshot “Over the course of 2020, Cornerstone plans to integrate and optimize the collective portfolio of products with an unwavering commitment to client success. So, what next-steps should we anticipate? But after reading it a few times, I get it.
#Cornerstone market software
“The combined company will be well-positioned to deliver a highly differentiated portfolio of people development and talent experience software solutions by leveraging the existing product portfolio, as well as through accelerated product development enabled by a larger combined R&D team, greater financial resources and a shared vision for the future.” The very brief press release says that the combined company will serve 7000 customers and 75 million users around the globe. Why? Before jumping into my analysis, let’s step back and look at several relevant facts: What Does Cornerstone Say About This Deal?
Also, this kind of move is often driven by financial considerations – for example, to increase profitability or drive down operating costs.īut here’s the rub: Although an acquisition may be good for companies and investors on both sides of the deal, it’s rarely a treat for customers of the acquired business. An acquisition may mean instant access to a massive new customer base or lucrative distribution channels. In other cases, a purchase can eliminate competition. Sometimes a buyer seeks technology that is complementary or superior to its own. Many different solutions are coming together – and each deal is driven by unique factors. Yawn.Īs you may have read in my annual industry trends analysis, the pace of acquisitions and strategic equity investments has been accelerating for several years. Cornerstone plans to acquire Saba for a hefty $1.395 billion. If the cashier can't or won't address the issue, ask to talk to the store manager, or go the service desk and call the GA WIC office.Have you heard the news? Last week – less than two months into 2020 – one of the biggest acquisitions in learning systems history was announced. If the cashier has a negative attitude, first stay calm and ask questions to learn more about the cashier's concerns. At checkout, separate your WIC foods from the rest of your grocery items in your cart to make it easier for the cashier to identify WIC foods. If you have an alternate shopper setup, make sure your proxies sign the WIC ID before they get to the store. To reduce the hassles at the register, make sure to bring your Georgia WIC ID to the store when you shop. Use cooler to keep meats, milk, cheese and other items cold during your trip. Have cash and small bills available to speed up your checkout. Use coupons, discounts, sales and promotions to save money. You can do the same with combining ounces of juice. Option to combine foods from Whole Grains category (bread, rice, & tortillas). Do not sign the WIC check until the cashier has written the total on it. For paper WIC checks, make sure the clerk enters correct price on check. 
Tell the store clerk you are using WIC benefits. Buy foods printed on WIC check or listed on the CA WIC approved food list. Set an alarm on your cell one week before the "Last Day to Use" on your checks. 
Don't use before the "Not Good Before" or after the "Not Good After" date.Before headng out, make sure you plan out your trip with a few tips below:
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