Challenges #1, #2, #3 – Shortage of budget, time, and resources
As your company prepares to ride the wave of new Learning and Development challenges in a fast-evolving business environment, it becomes imperative to reset, revamp, or realign your learning strategy to drive it to the next level. You may need to involve a degree of experimentation to find the best fit.
However, making these changes is easier said than done. It inevitably calls for an investment of resources in terms of time, costs, and people. The need of the hour is an economical, feasible model that can give you the desired results in a time-effective and cost-effective manner.
Your company’s challenge is to keep costs low and have a quick turnaround. Your L&D department will have to either turn to off-the-shelf courses or work with a third-party vendor to create training. Both these options usually involve a huge budget, which your company may not find profitable.
Moreover, there is a big chance that bespoke e-learning will not meet your requirements or must go through time-consuming iterations. This is likely to cause your company to miss its business goals. Other things add to the challenges of conventional L&D strategies as well, such as:
- A fluctuating pool of experienced trainers.
- A tectonic shift towards digitization.
- Geographically distributed teams in different time zones.
- Requirements of contextualization for the new expanding markets
The key lies in quickly enabling L&D professionals to adapt effectively, seamlessly, and naturally to a simple, fast, and user-friendly method of content generation. Your L&D strategy will have to move away from purely physical face-to-face training to a blended model. Making that change will involve a great deal of unlearning and quick new learning in a democratic and social way.
The changing times are a call to action for you to keep pace, have a strategy to take advantage of existing resources, and enable non-e-learning professionals and subject-matter experts (SMEs) to create content in-house. The T-Mobile and Nielsen stories are good examples of customers who made this change successfully.
The solution lies in a scalable approach known as Employee-Generated Learning (EGL). This ecosystem of reduced learning costs shifts the responsibility for creating learning content from instructional designers to co-creation with employees. The result is having relevant learning modules that are always up to date and accessible at any time and place through e-learning software tools like LMS or LXP.
A few benefits of Employee-generated Learning:
- It is unequivocally faster, more cost-effective, agile, and scalable than other ways of creating learning, as it will quickly respond to changes in your business scenario.
- It is higher in quality because it is based on real-life knowledge and expertise relevant to your micro business environment.
- The approach trains people on what they need to know to do well in their roles. It has a zero learning curve as it takes from the existing expertise, work practices, and culture and keeps pace with changing business opportunities, and Learning and Development challenges.
- You can align learning outcomes with your business growth and development.
Challenge #4 – Missing alignment between training and business
As technology alters and a rapidly changing business environment throws in new Learning and Development challenges, many companies flounder with some tremendous and costly e-learning L&D tools. These could be off the shelf or from a third-party vendor that may not stand the uncertainties of time simply because it lacks upgrade and is not tailor-made to the specific business needs.
The solution lies with your employees, as they are experts. They understand your business, challenges, and opportunities best. Tapping into their skills, experience, and knowledge can genuinely transform your business.
Employee-generated Learning is a new-age learning strategy for L&D in corporations. It boasts a bottom-up approach, bringing value to all stakeholders and providing accountability and ownership to employees. The role of L&D, therefore, shifts from being a course creator to that of a facilitator or co-creator. L&D also maintains quality benchmarks and best training practices.
This addresses the issue of stringent budgets and a small team. You will go a long way in aligning your training and business goals and ensuring learning outcomes if you incorporate Employee-generated Learning, appropriate authoring tools, and a suitable LMS or LXP is driven by AI.
Challenge #5 – Build a learning culture
A visionary L&D manager knows where he or she wants to go and how to get there. L&D managers have to move away from using conventional strategies that are going out of sync. Instead, L&D should embrace more futuristic strategies with the use of blended learning, Employee-generated Learning, and the right authoring tools and hosting it on LMS.
This will help to keep the business competitively ahead of the game. This type of learner-to-learner learning through Employee-generated Learning will encourage a learning culture within your team or company.
The future of corporate L&D is more self-directed and social. A peer-coaching method thus becomes the go-to learning strategy for a manager that wants to build a learning culture. Or that wants the business to be responsible for learning and is looking for a simple authoring tool with easy publication options to their preferred environment.
As you embrace Employee-generated Learning as the backbone of your learning strategy, your L&D team will stay ahead of the learning curve. It will keep your people motivated, be aligned to business opportunities and challenges, knowledge currency becomes good, reflects a favorable ROI; in essence, deliver more. You will succeed in creating a thriving, sustainable learning culture which is democratic and social.
The training has to be moved from the classroom to digital platforms using e-learning software to make the learning strategies work.