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Sunday, April 07, 2019

The Need for a Corporate Training Culture in New Age Enterprises | Jobs - Entrepreneur

Employees are looking to upgrade their knowledge as well as skills required for their job roles and are keener to join organizations that provide opportunities to grow, writes Sanjay Bahl, MD and CEO, Centum Learning. 

Photo: Shutterstock
A decade ago, when India began it ascends to high GDP rates, companies realized that the workforce needs to step up and embrace the inevitable effects of change. Jargons like VUCA (Volatile, Uncertain, Complex and Ambiguous) and growth mindset were not widespread and most training intervention was led by instructors using projector and PPTs!

But today these jargons are the harsh reality that unicorns of India Inc. have accepted and inculcated in their strategy. The need is to align the corporate training with a mindset of delivering quality learning & development solutions, which have a direct and measurable impact on key business performance indicators.

Today, employees are looking to upgrade their knowledge as well as skills required for their job roles and are keener to join organizations that provide opportunities to grow. In the last couple of years, corporates have realized the importance of training and have made exceptional progress. Organizations make heavy investments in learning and development practices as it is a major tool of employee retention and effectiveness.  Any training solution is ineffective if it doesn’t impact the organization’s primary objective – that is business outcomes, Knowledge index, and Service quality to mention a few. The way people work is changing rapidly, which means that they are taking the lattice approach to learning (Learn, unlearn, relearn, repeat). With the globalization of best practices in corporate training and advancement in technology, eLearning and technology-enabled blended learning methodology have become a more sound investment that key stakeholders gladly agree to invest in... 

With Artificial Intelligence and Machine Learning, the Learning experience platforms devise the most optimal learning path that is best suited for organizations and learning alike. Advanced algorithms in the background analyses and assess the learners and prepare the next set of learnings accordingly, without the daily intervention of trainers.  
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Source: Entrepreneur