In order to show the CEO of the company that the learning and development objectives are worth the budget, it is important to capture data on every person that does as well as completes their individual training. Other areas that are important to monitor are how much time the employees spend actively engaging on the learning platforms.
Designing for Impact
For CEO’s the level of expenditure means the stakes are high and they expect tangible returns. An evidence-based approach is very important here. In order to do this the developmental needs of an organization needs to be assessed. After this has been done, the outcomes of learning need to be analyzed. This will serve as information to describe how this process closes the gap between where the company or employee is currently performing at and where they need to be. Indicating how the learning translates to increased efficiency and productivity is key.
Learning Data + People Analytics
Learning and development does not stand alone in its functioning. It plays a crucial role in identifying and setting the foundation of the company’s vision for its workforce. Companies and organizations are moving from descriptive analytics to predictive analytics. Learning data can be incorporated with people analytics to understand aspects of learning such as retention and staff promotion. People analytics enable companies to understand their employees through looking at their employee attributes. It also enables companies to have access to employee behavior and performance. It also enables companies to keep track of which of their employees have the necessary skills that will be needed if they need to pivot quickly. It enables companies to be agile and to have information about their employees at the click of a button, such as qualifications, skills and certificates to guide and support them in making employee and growth related decisions.
Enabling continuous learning
Technological innovations and changing consumer preferences are constantly causing disruption in the status quo. Strategic competence development is vital for any organization hoping to succeed in this transformative landscape. E-Learning serves as a helpful tool to companies, as it helps them and their employees navigate the rapid changes they are experiencing. Due to the constant changing and evolving nature of the world of work, companies will have to assist their employees in acquiring new skills to ensure that they stay on top of their game. At the same time learning has become more user-centric. Employees at all levels expect dynamic, self-directed, continuous learning opportunities from their employers. This seems like a daunting task, but with the help of digital technologies, we are better equipped than ever before to solving It. Soon we will see how AI powered applications aid us to achieve better learning results. However, even more importantly, It is essential to integrate continuous learning into the company culture, leading to more engaged and productive employees.