Learning & development
If you’re looking to provide learning opportunities for your workforce, then you need to remember that effective learning management isn’t just about providing training. It’s about ensuring that every learning initiative delivers measurable value.
Organizations are under constant pressure to upskill employees, bridge skills gaps, and maximize the return on their training investments. The key to achieving this? Robust and intuitive data.
Investing in learning and development (L&D) is a huge win for both employees and organizations. In fact, 94% of employees said they would stay longer at a company if it invested in their L&D. Unfortunately, many businesses invest heavily in training without clear visibility into its impact. The downfall? Without strong data, decisions about learning programs are often based on assumptions rather than insights. By focussing on data-driven decisions, you can provide a strategic approach that ensures investments are focused where they matter most.
According to a report by McKinsey, organizations that leverage data analytics for learning management experience 2.6x higher performance improvements. Rather than relying on assumptions, data helps pinpoint which training initiatives contribute the most to business success.
We don’t need to tell you that training budgets are finite. Without intuitive data, you risk spending resources on programs that don’t yield tangible benefits to the organization. Without robust data, training efforts may be scattered, addressing perceived rather than actual needs. Data-driven decisions eliminate the guesswork. It ensures your learning investment is backed by insights, making training more effective and cost-efficient, increasing your return on investment (ROI).
The skills development gap is becoming an increasing issue. A study by Deloitte discovered that while 71% of companies acknowledge skills gaps as a major business risk, only 17% use data effectively to predict future workforce needs. As much as we think we know our organization – we need data to be accurate. Think proactive, not reactive.
You want a learning management system (LMS) that provides detailed learner insights. By leveraging these analytics, you can track the emerging skill requirements, and align them more effectively with organizational goals. By bridging the skills gap, you’re creating a higher-skilled and motivated workforce which, in return, will support the growth and success of your organization.
Data isn’t just a tool; it’s a necessity for effective learning management. Organizations that embrace analytics will not only optimize training investments but also gain a competitive edge in an ever-changing business world. In a world where adaptability is key, robust data ensures that every training decision is an informed one.
The bottom line? Invest in a Learning Management System that provides robust and intuitive reporting that allows you to easily monitor, track, and strategically plan your organizations learning initiatives.
Kallidus provides robust reporting and analytics tools that allow you to track and analyze the impact of your learning program. With detailed insights into learner engagement, completion rates, and performance improvements, you can leverage these analytics, aligning them more effectively with organizational goals, not only proving but increasing your ROI. Kallidus helps you drive meaningful skills progression across your workforce.
Build confidence and drive ROI with data and reporting that proves compliance and L&D outcomes. Speak to an expert today to learn more about Kallidus.
Claire is an enthusiastic and meticulous content writer whose passion is to support growth and continual learning for everyone.
