Trends and insights to help you deliver strategic learning across your organization.
Read on for key insights or download the full white paper for more expert guidance and new perspectives for the future of learning.
Redirecting…
Absorb LMS surveyed over 200 executive decision makers, learning professionals and customer success leaders, across multiple industries, to find out what learning looks like today. The answers we received provide a window into the current state of strategic learning – the sweet spot where learning drives business outcomes.
90% of survey respondents said it’s critical to measure the impact of learning to drive business value, but only 25% currently measure business outcomes. If you can’t articulate to stakeholders the value you and your initiatives bring, they won't see learning as a business value.
Despite the macroeconomic conditions that’s led to many enterprise budgets being cut, 30% of respondents reported seeing their budgets increasing. How? By introducing revenue-positive use cases that maximize their initial investment in mandatory training.
Learner adoption and engagement came up as the #1 challenge learning professionals face today. All departments need to come together to work on a solution to make sure all learners, whether they’re internal or external, are agile, resilient and engaged to reach corporate goals.
AI is here to facilitate and expedite the transition to this new type of multi-dimensional, strategic learning. But while 80% of respondents said they believe AI is important in learning strategies, only 25% are factoring it in routinely
Workforce evolution
Generational diversity in the workforce, at a time when many employees are working remotely, presents both opportunities and challenges. Organizations need to ensure different generations are learning from one another today, through mentoring, social learning, and knowledge sharing programs.
AI
How can AI help leaders reassess learning problems? How do we continue to value human expertise in an AI world? It’s critical that L&D professionals think over these questions and start to experiment, so they can remain competitive by using AI to deliver better learning experiences, while upskilling at the speed of business.
Over the past 20 years, the training that has occurred has focused on technical skills. We’ve learned that’s just a very small slice of what’s important.
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In order to keep ourselves happy, we have to be forever learners.
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The workforce is changing and it's causing a divide...There’s big demand for life balance and individuals in upper management don't appreciate it, but younger generations are pushing for it.
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Strategic learning is an intentional and organized learning approach that directly addresses business challenges and enhances business outcomes. When you optimize the learning process and enhance the learner experience, you can increase employee retention, productivity and engagement, enable new growth while expanding and sustaining your current customer base, and improve company-wide operational efficiencies.
Organizations need to be continuously preparing for enterprise challenges ahead. To move away from being reactive and towards building processes for proactive learning initiatives that drive business success, learning professionals need to be asking themselves:
How do you measure and quantify the impact of your learning programs? There are lots of ways you can articulate value to different stakeholders across your business, but it’s critical to correlate learning engagement with business impact. Instead of tracking learning metrics like course completions, assessment scores or content engagement, the focus needs to be on business outcomes, like employee retention, time to competency rates, average ticket resolution time, increased upsell opportunities and market expansion.
