Strategic Addition Will Add Relevant, Bite-sized Leadership and
Management Content and Tools to FranklinCovey’s All Access Pass
SALT LAKE CITY--(BUSINESS WIRE)--Jul. 12, 2017--
Covey Co. (NYSE: FC), a global firm specializing in organizational
performance improvement, today announced its acquisition of Jhana,
a San Francisco-based company specializing in creating and disseminating
relevant, bite-sized content and learning tools for leaders and managers.
Jhana’s expertise in creating and delivering micro-learning content and
tools for leaders and managers will add to the almost unlimited scope of
content and delivery capabilities already offered to clients through
Access Pass (AAP).
“We are thrilled to be adding Jhana’s capabilities, content libraries,
and extremely talented team to the FranklinCovey organization,” said Bob
Whitman, FranklinCovey CEO. “Their experience and knowledge in
creating content to develop leaders and managers is a perfect complement
to our extensive portfolio of performance improvement solutions. Our All
Access Pass clients will now have access to an active stream of
regularly refreshed, research-based content to assist them in building
effective leaders and managers. Jhana’s fresh and innovative content and
dissemination techniques will ensure that the full scope and power of
FranklinCovey’s world-renowned content is always available to our All
Access Pass passholders.”
Founded in 2011, Jhana uses a research-based process to develop
topic-specific leadership and management content. This method gives
Jhana great insights into what makes leaders and managers tick and
allows it to provide them with learner-driven content that’s focused on
the solutions they need in the moment.
by Deloitte, a leading HR analyst and research provider, recently
wrote: “[Jhana is] a disruptive new vendor in Leadership Development...a
fast-growing company that provides tools, videos, articles, and online
support for new, frontline managers. [Managers] use [Jhana's] tools to
quickly find what they need, get a checklist or tool, and then go back
to work. This type of embedded learning is becoming more and more
important as workers’ lives continue to be flooded with too many emails
and meetings.” (HR Technology Disruptions for 2017: Nine Trends
Reinventing the HR Software Market, Copyright ©2016 Deloitte Development
“Joining the FranklinCovey team is an exciting next step toward
achieving our mission to help millions of people get the great leader
and manager they deserve,” said Jhana CEO and co-founder, Rob
Cahill. “Ineffective leaders and managers can be incredibly costly
for organizations and painful for individuals. At Jhana, we focus on
providing useful, timely, bite-sized learning and development content
and tools for anyone who leads a team. With this acquisition, we will be
able to expand the learning modalities available to FranklinCovey’s All
Access Pass clients and maintain our focus and commitment to building
the best resources in the world for leaders and managers.”
This is FranklinCovey’s second acquisition in just the past three
months. The acquisition of Robert
Gregory Partners, an executive coaching firm out of Ohio, was
completed in May. Both acquisitions are strategic additions to expand
FranklinCovey’s All Access Pass solution, strengthening the ability to
reach high level decision makers as well as frontline managers who are
crucial to an organization’s success.
All Access Pass is FranklinCovey’s annually renewable pass which
provides passholders with unlimited access to FranklinCovey’s entire
collection of best-in-class content. Passholders are able to assemble,
integrate and deliver that content through an almost limitless
combination of delivery channels — live, live-online, on demand, and
integrated into existing training offerings. In addition to the content,
FranklinCovey has designed its All Access Pass in a way that creates a
strong value proposition for clients, while increasing flexibility and
availability of learning to their teams and organizations.
FranklinCovey has seen breakout success with its All Access Pass since
its rollout in early 2016 and has positioned it for an upcoming
expansion into 16 major languages through a state-of-the-art, secure,
easy-to-use online portal. Language expansion and online portal
enhancements are expected to be completed in the fall of 2017.
To learn more about FranklinCovey’s All Access Pass, please visit: https://www.franklincovey.com/engage-with-us/all-access-pass.html.
To learn more about Jhana, please visit: https://www.jhana.com.
ABOUT FRANKLIN COVEY CO.
Covey Co. (NYSE: FC) is a global, public company specializing in
organizational performance improvement. We help organizations and
individuals achieve results that require a change in human behavior. Our
expertise is in seven areas: leadership, execution, productivity, trust,
sales performance, customer loyalty and education. FranklinCovey clients
have included 90 percent of the Fortune 100, more than 75 percent of the
Fortune 500, thousands of small and mid-sized businesses, as well as
numerous government entities and educational institutions. FranklinCovey
has more than 100 direct and partner offices providing professional
services in over 150 countries and territories.
provides bite-sized performance support for anyone who leads a team.
Jhana’s rigorous research methodology and manager-centric approach grant
unparalleled insight into managers’ daily needs and challenges, as well
as how they actually want to learn. Managers who use Jhana have compared
it to a virtual mentor, offering practical guidance and real-world
examples that are helpful, highly engaging and accessible 24/7. Founded
in 2011, Jhana serves tens of thousands of managers at global
organizations like Informatica, Glassdoor and AOL in 25 countries and
View source version on businesswire.com: http://www.businesswire.com/news/home/20170712005920/en/
Source: Franklin Covey Co.
Franklin Covey Co.
Debra Lund, 801-244-4474