16 reasons to invest in modern workplace learning

  • It provides people with the informal and social learning they value and need.
  • It increases employee engagement and retention.
  • It helps attract the right kind of talent.
  • It saves people time, reducing time to productivity.
  • It reduces traditional training costs.
  • It helps the organization stay agile.
  • It drives leadership development.
  • It increases customer satisfaction scores.
  • It helps teams stay smart and encourages collaboration.
  • It allows you to build expertise and makes subject matter experts more readily available.
  • It allows for knowledge capture and creates a lasting resource.
  • It makes learning accessible to every learner.
  • It empowers employees to lead their own learning.
  • It delivers learning at the point of need.
  • It creates competitive advantage.
  • It harnesses competitive intelligence.

 

Source: Centre for Modern Workplace Learning

  • 25% of businesses believe that workspace analytics tools, augmented reality tools, and microlearning/training will have a role in the office environment within the year.
  • Only 10% of what people learn in the workplace comes from formal courses. The rest comes from informal and social learning.
  • Companies with a strong learning culture haveĀ 30%-50% higher engagement and retention.
  • They are 92% more likely to develop novel products and processes.
  • They are 52% more productive.
  • They are 56% to be the first to market with their products and services.
  • They are 17% more profitable than their peers.

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