Leading in A New Era
Traditional learning and development models are shifting more quickly than ever before. Current approaches are more aligned with an organisation’s imperatives through the adoption of smarter technology and learning mediums. The talent pool in 2019 is a scarce resource and more innovative thinking is necessary to expand and retrain the available workforce. In part, these solutions draw on the older models with a 21st century twist.
The Transition
Some time ago, L&D spend was treated as a tick-box exercise, with the budget adjusted depending upon affordability. A list of courses to fit the budget was then published by HR. Every now and again, a HR partner might successfully negotiate some extra funding. Otherwise, the topic was closed until the next budget planning cycle. That now seems like it was happening back in the Stone Age!
Joe Finegan
The second in a series to celebrate 100 years of CIMA and 50 years of the IITD. Diarmuid Cotter, CFO, IBM Digital Sales Europe, discusses the importance of L&D and how professional.
Technological changes and skill shortages have dramatically changed the L&D landscape. To be competitive, learning strategies must be highly aligned to business goals and the C-suite must be fully engaged in the development of the learning strategy.
Based on conversations with more than 12,500 CxOs worldwide, the 19th edition of the IBM Global C-suite Study, published in 2018 states:
“Investing in talent and developing the skills of management are recurrent themes. Many comments reflect an awareness of the relationship between their employees’ experience and their customers’ experience. Now more than ever, developing talent and skills by structuring work in new ways is top of mind.’’
The impact of technology has caused unprecedented disruption in the business world. Embracing augmented intelligence has propelled L&D to the forefront as an opportunity to enable competitiveness. Gone are the days of having one size fits all L&D offerings and it’s clear that time spent on a course does not equal knowledge transfer.
Diarmuid Cotter, CFO, IBM Digital Sales Europe
The right technology platform can help in effective dissemination of learning opportunities about strategic imperatives across the organisation. Technology allows anytime, anywhere and any device learning that meets the learning styles of the different generations. Bite-sized portions also help engagement. Formats of learning offerings might include video, podcast, interactive eLearning, live online and webpages, as well as traditional classrooms. In pre-designed learning events, senior management can share experiences by facilitating at townhalls or fireside chats.
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