Did you know that organizations with strong learning environments have workforces that are healthier, more engaged, better performing, and more adaptive? This means investing in tools and trainings for fostering a positive learning environment has never been more important. According to the World Economic Forum, 54% of the world’s workforce will need significant “upskilling” or “reskilling” over the next five years.
There is only one issue – traditional methods of learning and development aren’t going to work on everyone in the workforce. In fact, a recent study found that 85% of people throughout the world are either not interested or actively disinterested at work. So what can you do to ensure your employees aren’t in the 85%? It’s time to ensure that your organization and its workforce have the skills necessary to develop and adapt whenever the next opportunity arises. It’s time to change the way you think about learning and growth.
The Future of L&D
Business and HR leaders are focusing more and more on creating cultures that promote ongoing, lifetime learning in order to prevent disruptions. The integration of learning and work is the next significant step in fostering those cultures. The fact is, if you don’t know how your workforce acts and what they value, you can’t establish or maintain a learning culture.
According to our most recent study, employees want and need opportunities for experiential learning, as well as coaching, a variety of experiences, feedback, and insights. It’s critical to invest in your staff and foster learning environments in today’s fast-paced world. Research demonstrates that the value and return on investment of learning is essential for business success. And figuring out how to get there depends on the organization’s L&D future.
The Return on Investment
It’s crucial to consider the ROI, just like with any wise business move. What is the return on investment for learning, then? Research demonstrates that organizations with strong learning cultures have workforces that are more engaged, productive, and adaptive.
- Utilization increases: People who work in an environment that fosters learning are 100% more inclined to keep track of their progress.
- Higher achievement: Individuals who work in a supportive learning environment are 166% more inclined to report that their businesses outperformed rivals in terms of revenue growth.
- More adaptability: Individuals who report that their workplace fosters learning are 101% more inclined to collaborate on a short-term project with another team.
The second question is, “How does my company significantly increase its return on learning?”
Change your perspective on learning and development and how it serves your organization. L&D enables employees to manage their own careers. L&D helps managers come up with innovative approaches to foster employee growth. L&D reimagines learning initiatives using data-driven insights.
It entails making investments in the resources and skills that people may use naturally to grow in ways that are more productive and individualized than following instructions. Simply said, when you listen to and invest in your people, you receive the best return on learning.