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The Future of Corporate Training in Today’s World

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Let’s face it; the world has tremendously changed from where it was a decade ago. Technology has taken over almost every aspect of businesses in most industries. Marketers are able to determine the next action of their customers from the insights received by the data collected thanks to the latest technology. In fact, predictive analytics helps the marketer unlock vast marketing insights. They can anticipate the next purchase of their client thanks to machine learning technology and target the advertisement in order to encourage the customer to make the purchase. In this ultra-competitive marketing environment, a corporation cannot compete with their opponents without improving their marketing models by adding the right mix of technology.

The Impact of Antiquated Training Methods on Employees

“While a corporation has the ability to incorporate the latest technology to derive impressive customer and employee data, most of them keep on using static training techniques of the past,” reports a CQI practitioner. In fact, most corporations don’t place enough emphasis on training their staff. It is the right time to make such a change now. For example, one-in-three employees state that outdated training methods have made them feel like leaving the organisation searching for new opportunities. On the other hand, sticking to these antiquated training methods are quite costly.

Addressing Individual Learning Styles and Needs

A corporate training facility should take into account the individual learning style of each employee and look at how much guidance one needs when devising the right training techniques for their employees. The Middlesex University recently conducted a research project for Work Based Learning. The results of the study revealed that more than 74% of the employees who participated in the study don’t feel like they are giving 100% to the organisation. The reason given by them was the lack of development opportunities in the organisation. In fact, from a management perspective, more than 62% of HR managers didn’t feel like they were meeting the learning needs of their employees. This was revealed in a 2015 Association of Talent Development study. These statistics reveal the true plight of today’s corporate learning and development.

How can a corporate training facility address such issues? In fact, corporate training facilities should gear up to provide more effective training opportunities to their employees. That is where the latest technology should be integrated into the corporate training programs in order to cater to the 21st-century employee.

HR Analytics Software to Drive Corporate Learning

Today, an organisation has access to intelligence and insights about an employee via Workforce and HR Analytics software. This helps drive corporate learning initiatives. There is so many advanced software on the market to customise the learning content in accordance with the learning style of each employee. This will accelerate the learning process as well as the productivity of the employee. These technologies will make the employee feels that the content is targeted to their specific needs. On the other hand, HR executives could expect an improvement in the training results.

In fact, the latest individualised learning techniques could replace the obsolete training techniques of the past. The employee could be taught in a way that maximises his or her full potential as a result. There are visual learners, auditory learners as well as people who learn through doing. With the latest algorithm-based machine learning software, two employees participating in the same training program could have completely different experiences. In fact, these employees will see the content presented in ways that best suit their learning styles.

Social Learning Implications

You can identify who is a knowledge seeker and who is a knowledge disseminator from people who interact with each other in online chats and discussion boards by interpreting analytics software tools. Likewise, not every employee is an expert on the topics included in the corporate training program. But you can determine what an employee already knows, what should be taught, and how to teach him/her for maximum comprehension by utilising machine learning tools and interpreting networking data. In fact, learning doesn’t stop once an individual graduate from college or high school. It will continue throughout the person’s lifetime.

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