Prepping for an accurate and ROI-driven L&D budget? Don't fall for the trap and view "cost" merely as a tangible element—you need to factor in the non-tangible elements as well.
Learning/talent development and succession planning are two of the most critically important human resource management processes within any organization.
The need for employee upskilling is on the rise, thanks to the rising adoption of automation, AI, and other emerging technologies.
Creating an upskilling strategy without looking at employee data is like an accountant making a profit and loss statement without reading the journal entries—impractical in approach, inaccurate on paper.
For Learning and Development (L&D) professionals, the ability to align training with the business strategy and needs is a prized talent. Seasoned L&D professionals understand that upskill and reskill employees within an enterprise are equivalent to 'upgrading' the organization's shared goals, collective skills, and operational efficiency.
One of the biggest changes that the COVID-19 aftermath has led to is the acceleration of rapid technological advancements across industries. For IT professionals especially, this has compelled them to use technology to reimagine their operations and leverage new tech innovations for facilitating better development and efficient business models.
If an organization wants to retain quality employees, investing in the individual's personal growth and learning is extremely important. In simpler words, the more you help your employees gain the required skills and knowledge to do their jobs better, the more profitable it is for your organization. Don't believe us? Data states that companies that spend $1,500 or more on employee development yearly report 24% higher annual profits than organizations that spend less.
Onboarding programs are a critical stage that transforms promising candidates into highly productive employees. These programs can boost your new hires' productivity by up to 70%!
Did you know that hiring managers are more inclined towards onboarding a certified professional?
One of the biggest changes that the COVID-19 aftermath has led to is the acceleration of rapid technological advancements across industries. For IT professionals, especially, this has compelled them to use technology to reimagine their operations and leverage new tech innovations for facilitating better development and efficient business models, further increasing the importance of identifying the essential components of learning and development for IT employees.
The Digital Era is upon us. Due to the ongoing pandemic, several enterprises have gone "digital" overnight. Remote working has become more mainstream. Customer expectations are constantly changing, leading to a skills gap within organizations. As per research by the World Economic Forum,
