Upskilling your employees has never been more critical.
From minimising risk to increasing employee engagement and retention, providing learning opportunities (aside from the compulsory compliance training) to your employees has never been more critical.
Some industries, such as government, healthcare and manufacturing, as well as large enterprise level organisations have always heavily relied on employee training programs. ‘The last thing you need’, one might think, is more learning in addition to the compulsory courses; but here are some facts to consider:
Employee engagement –
Continuous education is linked to employee engagement and satisfaction.
Employee retention –
Ongoing professional development is highly valued and companies with strong learning cultures have up to 57% higher rate of employee retention.
Business effectiveness –
Offering not just compulsory / compliance courses but options for employees to develop their careers will not only increase your workplace value (and EVP) but will translate into many business benefits, such as:
Attracting the best talent!
Organisational agility: While there will always be specific roles for which you need to recruit new personnel or use external agents, there are many situations where you can simply upskill your existing staff.
Offering someone a new responsibility within your organisation – something they are passionate about or have a strength they want to develop further – is a win, win!
Reduced hiring / onboarding costs: Upskilling is usually a much more cost effective way of moving your organisation forward and has mutual benefits (see point above).
Innovative edge: A skilled workforce can drive innovation.
Competitive advantage: Developing a strong learning culture is an investment in organisational resilience. Change management, dealing with uncertainty, adjusting to hybrid work environments or staying on top of evolving customer needs, are all the things that companies need to think about at all times. You can equip your employees with skills in those areas through various short courses that you can offer in your workplace.
What you need to implement an effective workplace learning program.
Accessible and flexible workplace Learning Management System
If you don’t have a learning management system, consider getting one. If you have one but have not reviewed it for some time, and whether it still suits your organisation’s needs, review it with your team (include all key stakeholders in your brainstorm session).
Starting from strategic alignment between Learning and Development and your overall business goals, to choosing the right tool set and selecting your team of support, there is a lot to consider. Check out this blog – Maximise your L&D efforts – that we’ve written previously for a list of things you need to consider and how the right choice of LMS software can help.
A couple of key things to note when choosing the right LMS software solution for your business are: integration possibilities and, of course, security!
Cloud based LMS is not just an EdTech Trend of recent years but is essential if you’re looking to achieve efficiencies and organisational resilience.
Check out this blog – Your software provider goes down. Whats your plan? – for some recommendations.
From minimising risk to increasing employee engagement and retention, providing learning opportunities for your employees has never been more critical.
Catalyst specialises in Open Source software solutions and enterprise level LMS.
If you believe your organisation can do better when it comes to delivering learning and development programs that turn into business benefits, reach out to see if we can help.
Further reading:
Learning catalogue in Moodle and Moodle Workplace: your team will love you for it.
What makes an LMS enterprise ready? Key elements
Strategies for successful compliance training in the workplaces
In Open Source software ‘free’ stands for freedom, not price.
What you need to know about cloud hosting providers.
