Technological assistance for daily tasks has engulfed the world over rapidly since the last decade and two. Parallelly, upskilling and reskilling have held the spotlight in organizations especially in the last 5 years, and we had highlighted this aspect in our previous blog too. Various research reports and expert opinions have directed attention to joining both these forces – learning technology to upskill and reskill, and it is safe to say that organizations had made inroads towards this mission well before the onset of the global pandemic. What has changed is the intensity at which this is being pursued. Owing to the climate of global markets, L&D leaders rely more on insights, analytics, and solutions to address immediate and future learner needs. This is a smart way to enhance skill set and secure the future of the organization.
Before we delve deeper into the subject and how organizations are building workforce capabilities, let us highlight key findings from 2021 research reports from the Brandon Hall Group.
Personalized learning has proven repeatedly to be one of the ideal ways to deliver specific skills to employees. While it is hard to fathom any aspect of our life sans technology, the numbers at an organizational level tell a different story.
There are no two ways to go about this. Organizations must deploy dependable learning technology in their quest to upskill and reskill the workforce.
With tech capabilities and its adoption in L&D, delivering specific skills and achieving greater learning outcomes to meet business objectives is now simplified. This blog will precisely address these aspects, how technology can help achieve skilling success across industries and enterprises.
In the next section, allow us to highlight three broad areas about how technology plays a critical role in the success of delivering specific skills. And, how it can support organizations in their quest to upskill and reskill to improve workforce capabilities:
A. Training Accuracy
Did you know the impact on organizations due to ineffective training? A staggering total loss of $13.5m per year, per one thousand employees!
In every aspect, more so in training and learning, technology is synonymous with accuracy. Various learning technologies or learning platforms today are built with a host of features and capabilities that can simplify training to accurately upskill and reskill. It can function as a one-stop tool for end-to-end solutions. From knowledge and skills analysis to identifying gaps in skill set to provide specific training, recommendations based on user profile and assessments, learning technology has no alternative. Allow us to explain further:
B. Meet Business Objectives
The focus for all organizations now remains firmly on the mission to upskill and reskill, and quickly too. With dynamic market trends and needs, organizations want to equip and strengthen workforce armor so that they can rise to challenges. A learning platform can help deliver results that meet business objectives. This is how:
C. An Ally in the Current Environment
This is of supreme importance now more than ever. While the pandemic has completely changed work environments, reports indicate that organizations and employees are preferring the remote or hybrid work culture. Businesses have been able to draw from the many benefits and are positive about continuing in the same direction. A technology platform offers better personalization while working remote or hybrid than any other means and provides a stable experience when everything else is changing at a fast pace. Additionally, technology has the power to propel positive learner experiences to drive skills and skill set to employees. We explain:
To further substantiate the role of technology as a prerequisite to improving workforce competencies, we have a use case from a leading organization renowned for its AI range of products.
The growth-stage AI enterprise had its goals cut out – provide effective training, deliver specific skills to the workforce, allow product engineers to focus on their core competencies of product development, and drive product adoption of its new product to meet business objectives.
By deploying a robust and scalable Learning Experience Platform, every objective was achieved. Further, with this solution model, they were additionally able to go-to-market quickly and save a staggering 2.9 million USD.
Are you ready to deploy learning technology to upskill and reskill at your organization? Explore ideas and discover solutions as the world regroups in this post-pandemic era. Write to firstname.lastname@example.org to talk to our team about delivering training to improve the skill set of employees. Request for a demo or start a free trial now.