When we decided to grow Degreed LENS from an after-work happy hour to a full-day event, we weren’t exactly sure how things would shake up. But in true Degreed fashion, we said “go big or go home” at the top of our lungs, and put together a two-day extravaganza featuring a client summit and a day-long innovators conference.

We chose the theme: The Business of Building Skills, because if learning organizations want to be seen as a contributor to the business, we have to start talking and acting like it. So each session paired an L&D leader with a business unit exec like finance, innovation, strategy and even a couple company Presidents and Partners.

In a glimpse, we had:

  • Attendees from 35 states and 12 countries
  • 13 sessions with 26 speakers (50% of which were female!)
  • 361 attendees
  • 199 clients
  • 15+ industries represented
  • 400 Expertise Economy books signed
  • 7 sponsors
  • More laughs from Dan Lyons’ session than anyone could count (seriously, we tried!)

We don’t mean to brag, but there were truly too many highlights to capture. So we picked our five favorite ideas.

  1. Answers from a company President: The correct answer to ‘why should I upskill my workforce if they will end up leaving?’ is ‘because they will leave sooner if you don’t.’
  2. Advice from a CFO: When you think about asking for funding for a program, it’s immensely helpful to frame it as how that program or platform is going to contribute to the overall business goals for the future.
  3. Suggestions from a Head of Corporate Talent & Strategy: Employees are an asset even though they aren’t represented that way on a balance sheet. That’s means skills are a currency we need to support.
  4. A challenge from a Partner: We don’t need to invest in expensive strategies – they will change in 3-6 months. We need to invest in talent that is agile and can refresh itself to adapt which means you can’t have a business strategy if you don’t have a talent strategy.
  5. A new framework from an Executive Chairman: There isn’t a standard metric for measuring skills even though that is a top question for CEO’s today. So Degreed created a measurement suite including the new Skill Review. With it, organizations can benchmark employee skills, signal their expertise inside the company and see how people are progressing over time as they prepare for their next role.

If you were there, we thank you. If you weren’t, you are likely suffering from FOMO. And to be honest, we wish you were there, too.

But sometimes things don’t pan out the way we want them to. That’s why we are in the process of putting all of the presentation materials in the 2018 Degreed LENS Pathway, which you can enroll in here. We also recorded a bunch of the sessions and will have those videos live soon.

Next year will be even better – keep an eye out for our 2019 location announcement.

Look forward to seeing you at a Degreed event soon.

Airbnb is one of the most prominent technology startups to emerge in the past decade and has rapidly become a major force in the global travel industry. Since its founding in 2008, it claims more than 4 million listings in over 65,000 cities and 191 countries worldwide.

Airbnb has experienced rapid growth in its first decade by expanding its bookings and revenues as well as its global footprint. This challenge translated internally as well – how do you ensure that more than 4000 colleagues around the world are equipped with the right skills to compete, lead, and deliver a powerful experience to their clients?

The learning team needed a model that reflected how they actually learn—consuming information on the fly, in dedicated bursts of attention, and on their own schedule. And they targeted managers first.

Amplify: Developing Leadership

As Airbnb’s learning team empowered employees to rapidly find critical information, they also kicked off a new program called Amplify to create a leadership development program at no extra cost.

The approach is built upon what the learning team knows about how people really learn and put skills into practice, particularly in a hypergrowth environment. Airbnb is in the process of rolling out the program to more than 700 globally dispersed managers—nearly a fifth of the workforce—at a fraction of the cost of traditional programs.

“A lot of the feedback that we get from people who go through Amplify is they love the fact that they can do this whenever and however it suits them, and that it’s not mandatory for them to be in a location for a good chunk of time—particularly people who are more reflective in their learning style,” says Barry Murphy, global learning lead at Airbnb.

Want to know the six core people leadership behaviors Airbnb is targeting or the structure of the training inside the Amplify program? Barry will take the stage at Degreed LENS next Thursday to share how they created the program, and there are still a few (10 to be exact) tickets remaining.

Join us before it’s too late!

 

 

“Dispersed workforce” takes on a whole new meaning when you are trying to upskill and reskill employees spread over more than 150 branch locations in 3 countries. But knowing key business objectives and improving client retention were tied to improving the learning experience of employees, Associa’s HR team took the challenge head-on, creating Associa University and launching a significant number of technology enhancements in less than 12 months.

“We needed a way to provide engaging learning and training to develop the fundamental skills required for specific roles. Moving away from a clunky, non-user friendly system towards something that enabled both social sharing and unique learning opportunities was essential, so we knew an LMS wasn’t the answer.”
– Debra Warren, Associa Vice President of Development

Chelle O’Keefe, Associa’s CHRO, is hosting a live session at Degreed LENS that will “get in the weeds” on how they implemented their new University and technology stack and what they are using to measure success and progress.

A sneak peak? Associa was the first Degreed client to leverage the Skill Plans feature, using them to map learning experiences to desired skills and roles within their organization. Their revamped approach to learning led to a significant increase in client satisfaction and retention.

This is a case study presentation you don’t want to miss. We hope you’ll join Degreed and Associa in NYC.

nyclens

We couldn’t be more excited to announce Dan Lyons, Carla Arellano, and Jean-Marc Laouchez as keynote speakers for the nearly sold-out LENS 2018 Conference.

The theme of this year’s LENS event, the business of building skills, aims to teach business and learning leaders how to drive success by understanding the newest and smartest ways to harness technology and data to discover, build, and measure the skills their companies need. The fourth annual LENS conference will feature a full day of thought leadership, workshops, and case studies from experts like Peter Fox, Global Head of Digital Learning and Talent Technology at Citi; Tim Munden, Chief Learning Officer at Unilever; Barry Murphy, Global Learning Lead at Airbnb; and Louise Welch, Senior Director, Enterprise Learning and Development at Capital One.

“We’re bringing together the world’s best minds in learning and talent to give business leaders a bootcamp in optimizing their companies for the future,” said Degreed CEO, Chris McCarthy. “Knowing what skills your people have and what skills they need is vital to success. We believe Dan, Carla, and Jean-Marc each bring unique and important viewpoints on the business of building skills and we’re excited to have them as part of a packed agenda.”

LENS will take place Thursday, October 4 at Center415 in New York City. Those interested in attending can view the full agenda and purchase tickets at: https://lens-nyc-2018.degreed.com/

Rolling out an enterprise learning tool can be tough. Now add in the challenges of being the 3rd largest bank in the US with more than 200,000 employees and you’ve got a true uphill battle.

Want to know the secret? Citi’s Global Head of Digital Learning and Talent Technology, Peter Fox, and Digital Learning Technology Project Manager, Tiffany Abinsay, will present their journey to implementing the first global SaaS tool owned by HR during Degreed LENS.

Their session, L&D + IT + Ops: Building for Adaptivity And Stability, will share how Citi’s Learning Technology team overcame operational challenges like shifting from a tactical role to an influencer, how to market a new tool and how they got stakeholder buy-in.

Not sure your organization can empower employees to learn and develop on their own? Think again. Citi empowered learning to be more self-service, even in their highly-regulated finance industry.

Join us on October 4th at Degreed LENS in NYC for Citi’s “how they did it” story.

Want to know more about Citi’s evolution to continuous learning? Check out this learning solutions mag article!

Today is a milestone for us as we announce $42M Series C financing, along with new executive roles for David Blake and Chris McCarthy.

First, though, a huge thank you. We are incredibly grateful not just to our investors, but to all of you – our employees, our clients, our partners, and our families and friends – for supporting us in this journey, for sharing our vision, and for helping Degreed to get this far. I am excited and humbled, then, to share the details of our this funding and what that means for our product, clients, and team.

Our strong history

In the spring of 2013, Degreed raised $1.8M in a Seed Round from top investors in the world of business, venture capital, and edtech, including Deborah Quazzo, Mark Cuban, Mike Levinthal, Chris Eyre, Larry Rosenberger, Kaplan, and Walt Winshall. Since then, we have raised $32M more in our Series A and Series B financings, which added Jump Capital, Signal Peak, GSV Acceleration and Rethink Education to our investor list.

Mark Cuban explained his excitement about Degreed nicely. “Degreed allows organizations to inventory their existing employees, train them, and track it all,” he said. “And, when employees do have external training or experience, have the company give them credit for it—I think that’s critical.”

This $42M Series C financing brings our total funding to $75M. It was co-led by Owl Ventures, a fund that invests in the world’s leading education technology companies, and Jump Capital. Founders Circle Capital, along with existing investors, GSV Acceleration Fund and Signal Peak Ventures, also participated.

Why? Because “this methodology evolves the traditional learning model to today’s social environment through increased interaction and engagement,” said Paola Mazzoleni, the Chief Human Resources Officer at Tenaris, one of our customers. “Employees have autonomy and accountability in defining and designing their development plan to reach their professional goals; they are investing in their future.”

Our experts

At the beginning of 2013, Degreed was a team of five people. Today, we are 150 strong and growing weekly. Each of our employees are driven by a respect for the company principles and the desire to provide our clients the best experience possible. And we’re all guided by 12 core  principles:

  1. Balance
  2. Moderately flat
  3. Equality
  4. Empathy
  5. Flexibility
  6. Dedication
  7. Family
  8. Excellence
  9. Candor and coachability
  10. Transparency
  11. Learning
  12. Mission-first

Focusing on these values allows each member of our organization to be intentional about our time. We believe operating this way has set the foundation for healthy tension, growth and most importantly, trust among teams.

IMG_1044
As we continue to pursue our founders’ original vision, a portion of the proceeds from this funding will also be used to expand on Degreed’s newest product, Degreed Skill Certification – the world’s first system to both certify and rate any skill. To guide those efforts, Blake, Degreed’s co-founder, has taken on a new role as Executive Chairman. Blake and the Degreed board named Chris McCarthy, formerly Chief Operating Officer, as the company’s new CEO, to lead the continued growth of the company and its award-winning learning platform.

“Keeping people’s skills in sync with fast-changing markets is the biggest challenge of our time,” said Chris McCarthy, Degreed CEO. “That’s why Degreed exists. We believe there’s a better, smarter way to help everyone keep their skills sharp for whatever’s next, to measure their progress as they grow, and to communicate their readiness – both to current and future employers.”

Our future

Innovation has always been our focus, and throughout our history, that’s been a key attraction for many of our clients. And it’s working. Nine out of 10 clients agree they’re building more productive learning cultures, they’re adapting to shifting business needs faster, and they’re investing in L&D more efficiently.

“Our people are our competitive advantage and Degreed is further optimizing the way that we address current skills and development needs in the short term, and how that will translate to performance as part of our longer-term strategy,” said Sarice Plate, Senior Director of Global Talent Acquisition and Development at Xilinx, another one of our clients. “Our learners are no longer having to guess at what’s quality or what might benefit them.”

With this new war chest, we are planning to develop new features and functionality that will improve the client and user experience, including:

  1. Best-in-class learner experience with AI-powered content curation – making Degreed the daily learning destination for all of our clients.
  2. The ability to unlock the ultimate currency of learning (skills) across each enterprise, along with the ability to enable targeted and curated skill development – fueling career mobility for all.
  3. Enabling an ecosystem of HCM technology and content partners, empowering our channel to build and expand business with Degreed and with our customers.

“We face the biggest challenges humanity has ever encountered,” our co-founder and Executive Chairman, David Blake, likes to say. “We need extraordinary experts to solve those challenges and make the unthinkable reality. Experts who can heal, discover, challenge, and advance.”

The future depends on our commitment to be our best selves and discover our own personal missions. To become experts—each of us. The challenges of the future won’t care how you became an expert, just that you did. And that you made a difference.”

Thank you for joining us on this rewarding journey. We look forward to what the future holds, for all of us.

Degreed is proud to announce our partnership with IP Innovations.

Our partnership enables IP Innovations to offer Degreed to the commercial enterprise markets and makes Degreed the first skills-building learning platform in Japan.

As a country, Japan currently relies on traditional learning management systems (LMS) and formal learning processes and training programs. However, there is an appetite for informal, efficient learning platforms within the country. The forecast for the Japanese e-learning market in 2016 was 170 billion Yen ($1.7 billion USD).

Through the partnership with IP Innovations, Degreed will be the first informal learning platform offered within the country. Degreed allows Japanese companies to better and more efficiently build skills, track learning and measure mission-critical skills development.

“We’re thrilled to announce a partnership with IP Innovations,” said David Blake, CEO of Degreed. “IP Innovations’ brand equity in Japan uniquely positions us to reach thousands of businesses and offer them Degreed’s seamless learning platform. We believe the agreement is further validation of our mission, vision, and strategy and that informal learning has market appeal on a global basis.”

“We are really excited about partnering with Degreed,“ said Masashi Urayama, CEO of IP innovations. “Degreed is a learning platform that is based on the very different concept than the traditional LMS. While the LMS is a platform that supports formal learning, Degreed is a platform that supports the whole process of learning, including informal learning. In the future where the digital native generation accounts for more than half of the workforce, it is essential to have a platform like Degreed. Through our partnership with Degreed, we are going to foster the culture of learning and spread the method to support performance improvement in the Japanese workplace.”

About IP Innovations
IP innovations is a Japanese company where experts with long experience in the field of human resource development gather. We propose our customer’s distinctive approaches to help create innovative workforce and promote organization development. Founded in 2003, IP innovations is headquartered in Tokyo.

Learn more about IP innovations at their Website.

Interested in a partnership with Degreed? Please visit our partner page.

At Degreed, we know the skills gap doesn’t just affect Americans. People outside of the US also have the need for transparent, lifelong learning tools that can help effectively communicate skills, and better lives and careers. That is why we are so excited to partner with Alexander Forbes, on an exclusive basis in Africa.

Alexander Forbes is a pan-African diversified financial services firm operating in the Retirements, Wealth, Investments and Insurance markets. They provide thousands of clients with specialist financial advice and solutions and have recently launched Alexander Forbes’ Empower to enhance their financial well-being proposition. Through its partnership with Degreed, Alexander Forbes Empower now offers its corporate clients access to thousands of courses, videos, articles, books, podcasts and more. This makes it possible for employees to embrace lifelong learning as a daily habit – a massive employee benefit that boosts skills and experience and ultimately helps to secure financial well-being.

Africa is ripe for personal skills development and ongoing learning and the continent’s economy is predicted to boom over the next few years. Africa is also home to some of the most underdeveloped economies in the world, which provides an even greater need and reason to bring low-cost, scalable, individualized learning to the region.

“This is a momentous event for Degreed as we partner with one of the most innovative companies in Africa, Alexander Forbes,” said David Blake, CEO of Degreed. “Alexander Forbes’s vision to better the people and companies of Africa through learning perfectly aligns with the mission and purpose of Degreed. We’re excited to create the next generation of experts in Africa.”

Alexander Forbes Empower was created with a clear and distinctive mission to empower customers to achieve better outcomes, through developing a lifelong relationship with education and learning. At Degreed, we’re excited to be a part of this movement.

Globalization means that an increasing number of organizations are becoming multinational. Many of Degreed’s customers are multinational organizations with offices across the globe. Degreed itself has offices in the US, Europe, and Australia. We’re excited to announce that we now offer a seamless experience for our users regardless of language or location, staying true to our mission of giving people access to the best learning resources, no matter where they are. We’re adding new languages all the time, based on client need. Here is the current list:

Languages currently supported in Degreed:
  1. Arabic
  2. Chinese Traditional
  3. Chinese Simplified (Mainland China)
  4. Chinese Simplified
  5. Czech
  6. Dutch (Netherlands)
  7. English (British)
  8. English (US)
  9. French (France)
  10. French (Canadian)
  11. German
  12. Greek
  13. Hebrew
  14. Indonesian
  15. Italian
  16. Japanese
  17. Korean
  18. Polish
  19. Portuguese (Portugal)
  20. Portuguese (Brazil)
  21. Romanian
  22. Russian
  23. Spanish
  24. Tagalog
  25. Thai
  26. Turkish
  27. Vietnamese
How internationalization works

Degreed will automatically detect the user’s language based on the user’s browser settings, which can be configured by the user. For example, if the user is running a browser set to German, Degreed will detect this browser setting, and will automatically display the Degreed platform in German without the user needing to update their profile settings in Degreed. Detecting language based on browser settings is an industry standard and provides the most user friendly experience. An organization can have users running Degreed in a variety of languages, and the experience will be personalized for each user.

Internationalization of Degreed applies to the platform and not the content itself. This means that the Degreed library will always display content based on the best matches whether we support that language or not. For example, if a company loads content in the Icelandic language, and I search in the library on an Icelandic search term, I will find Icelandic content even if Degreed doesn’t support the Icelandic language for the platform.

Plans for the future

To stay up to date with the evolving needs of today’s learners, we plan to add even more languages in more locations. We’re excited to offer one more way that Degreed can make learning better and easier, and drive engagement at your organization.

We spend hours on our phones each day – checking the news, sending texts, looking at social media, reading articles… the list goes on. In fact, over half of all digital activity now takes place on mobile devices.  As web browsing increasingly moves away from our desktops, powerful tools built specifically for mobile are becoming more valuable and more common.

That’s why we created the Degreed Mobile App for iOS or Android – to help people be more productive with the increasing amount that we are consuming content on mobile devices! With the app, learning (and tracking!) is available whenever and wherever you want it.

Here are 5 things you can do right now with the Degreed Mobile App:

  1. Learn from your Feed, which populates personalized learning content specific to you.
  2. Search for content within the app.
  3. Track all the learning you do, both from formal and informal activities, like articles and videos from anywhere on your mobile device.
  4. Get notified, view and complete assigned, saved, and recommended items.
  5. Enroll in and learn from Pathways.

Need a jumpstart or some ideas to get started? Here are 5 ways everyday Degreed users/team members are using the Mobile App.

Maggie and tracking progress
“My family watches food documentaries on Youtube, and we share to the Degreed app from our Youtube history to get credit for what we’ve learned! I also track my progress on pathways through the mobile app, especially while commuting on the train.”

Alex and productive downtime
“I’m guilty of always pulling out my phone to fill downtime. I used to waste that time on social media, but now that I have the Degreed app, I can actually use those extra minutes here and there to learn. Typically, I will save items to Degreed during the work day and then on my commute or downtime pull out my mobile device to read my saved items. I’m also big on podcasts, so I love that once the Degreed app is installed, you can mark a podcast complete as you finish it without even having to leave the podcast app.”

Devin and centralizing multiple learning sources
“I use my iPad as my main device for work and learning, which means I use a variety of different apps for consuming learning content. I make good use of the Degreed share extension to mark content complete no matter which app and device I’m using. I also appreciate getting notifications for things I care about on Degreed, such as recommendations.”

Leslie and recommendations
“My favorite things about the Degreed App are my feed and recommendations. I love that I can pull up the app and go through my feed and see what has been specially curated for me on the go. This is especially handy when waiting for appointments! As I complete my learning I love being able to recommend it out to others if it is something that I think they would enjoy as well.”

Tim and multiple device access
“Every morning with a cup of coffee, either in front of the fireplace or on my deck, I like to read one or two recommended articles and watch a  video. When I run across one that’s especially interesting or relevant, I appreciate the ability to quickly share with my team or a co-worker. I also love that the app functions so closely to the browser version.  Moving between device types is seamless.

Ready? Let’s go. Download the Degreed Mobile App for iOS or Android now.

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