Post on 18-Jan-2016
CORNERSTONE/SABA REPLACEMENTPEOPLE & ORGANIZATION
LEARNING MANAGEMENT SYSTEM IMPLEMENTATION
August 15, 2013
Executive Summary Business Problem:
• Sony Pictures Entertainment’s (SPE) People & Organization (P&O) department launched the SABA Performance Management and Learning Management system (LMS) in 2011, myCareer. P&O had decided to hold off on turning on the Talent Management piece of SABA.
• SABA has proven to be a difficult vendor to work with over the years both from a system requirements perspective and SABA resource turnovers.
• Towards the end of calendar year 2012, IT funded a $90K project for P&O to complete a
Talent Management/Succession Planning proof of concept using Workday which was very successful. At the end of FY13, P&O also decided to leverage Workday’s Performance Management suite for the FY14 calendar year and started exploring replacements for the last remaining component of SABA, the learning management system.
• Our SABA contract expires in October 2013 and the purpose of this project is to implement a new learning management system to replace the SABA LMS.
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Proposed Solution
• Implement a robust LMS solution, Cornerstone, to effectively manage SPE training needs
• True SAAS model• Preferred Workday Partner• Excellent UI and solid technical capabilities• Integration with Oaktree Training Force
– IT employees will be able to search both P&O and ITDL catalogs from Cornerstone
– Course completion information will be passed from Oaktree Training Force to Cornerstone
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Financial Summary
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Year One Project Costs Five-Year Summary and Payback Software: $29,000 Five-Year Total Cost: $617,073External Labor $109,500 Five-Year Total Benefit: $761,280TOTAL $138,500 Five-Year Net Benefit: $144,218
Internal Rate of Return: 27%Net Present Value at 10%: $66,362
FY14 Project Benefits Payback in Months: 32.92Hard $ Benefits $38,064
TOTAL $38,064 Funding by Fiscal YearFY14 $138,500
TOTAL $138,500
Depreciation: FY14 $6,233, FY15-FY18 $24,930 per year
Ongoing Costs: FY14 $58,900, FY15-FY18 $88,350 per year
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BenefitsCategory $ Benefit Description
Cost Reduction / Avoidance
FY14 - $ 38,064FY15-FY18 - $152,256
Platform annual subscription fee reduction
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TimelineFY13 FY14
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May June
Configuration &Validation
Deployment
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ContractsRequirements
&Analysis
Training