Enhancing Learning and Development to Drive the New Workforce
Globalisation and disruptive technologies are changing the world of work as we know it, and faster than ever before. As a result, this is drastically changing the demographics of the workforce and the way we work, learn and develop through the use of new technology.
This is demonstrated more and more as we witness the rise in millennials entering the workforce replacing baby boomers, and more cultural diversity driven by global talent sourcing and the talent mobility movement.
Thus, with the workforce getting bigger, older, remote and more diverse - learning and development initiatives must now be tailored in order to cater to employees with different learning preferences and tech savviness levels - especially the mature workforce.
Another demonstration is how we see technology rapidly evolving the way learning and development is delivered. More and more companies are implementing E-Learning and Mobile Learning to complement conventional learning methodologies.
Embracing E-Learning and Mobile learning takes the learning experience to another level whereby employees are able to develop their skills whenever and wherever they want. This provides greater flexibility - not to mention how it can cater to more employees at any time as compared to face-face training, while at the same time reducing operational costs - which is crucial especially during times of economic uncertainty.
However, adopting learning and development technology is not an easy journey - as companies are bound to face roadblocks with ensuring data security, and having the right IT framework for a smooth integration with existing systems.
Lastly, in additional to these two major disruptions, the uncertain economic climate means more and more learning and development professionals need to ensure they are getting the best bang for their buck.
According to the 2015 Global Human Capital Trends report published by Deloitte, the importance of learning has increased by three-fold over the previous year, but learning and development professionals are still facing challenges with getting buy-in from top management -due to a lack of proficiency in measuring the ROI of Learning and Development initiatives, and therefore not having a data-driven business case.
It goes without saying the convergence of globalisation, technology and the uncertain economic climate is evolving learning and development initiates; and creating a need for Learning and Development professionals to revisit and enhance their Learning and Development initiative in order to drive the new world of work.