The Great Resignation: How L&D Can Slow the Effects of the Workforce Exodus
With the Great Resignation underway, companies are scrambling to fill positions, maintain operations with their existing employees, and prepare for the potential long-term effects of the pandemic and an altered workplace. While early into the pandemic, businesses laid off millions, the opposite is happening now: millions are quitting. Employees might be hesitant to return to […]
Why L&D Has a Crucial Role to Play in Tackling the Skilled Labor Shortage
“The Great Resignation” is well underway. While early into the pandemic, businesses laid off millions, the opposite is happening now: millions are quitting. This has been driven by several factors, including employees’ reluctance to go back to the office due to increased health risks. Others have resigned to switch careers or pursue their passions, as […]
How to Ace Your Skills Gap Analysis
As its name implies, a skills gap analysis is a process by which an organization determines what gaps exist between employees’ current skills and the skills considered necessary or even critical for the organization to reach its current and future goals. This is no simple task. The process itself requires widescale participation and the results […]
When Employees Cry Tears of Joy for Training
As the L&D function is currently being redesigned and redeveloped — especially as there may soon be a Chief Experience Officer, as referenced in a previous blogpost — learning leaders are looking for more ways to engage their internal customers. Moving from nice-to-have to need-to-have, learning leaders can push for even further engagement from employees […]
Study: 90 Percent of New Skills Are Lost after Training
According to data collected by HR research and consulting firm Bersin by Deloitte, in 2014, U.S. spending on corporate training grew by 10 percent to over $75 billion and over $140 billion worldwide — the fifth straight year of year-over-year growth. Josh Bersin of Deloitte explains that corporate training is a good indicator of economic […]