Here’s what the lack of training can cost your company
Organizations
which side line learning and development efforts face the risk of reduced
employee productivity, low engagement levels and reduced profitability
Training is a part of most organizational agendas, yet companies still grapple with fundamental questions when it comes to truly embracing a learning culture. A primary point of contention is whether investing in training makes a significant difference? HR and businesses experts have seen that training offers many people-centric advantages- higher engagement levels, ability to attract the right talent, and better productivity. But do all these gains translate to business benefits? This may be hard to decipher, considering that learning outcomes are often intangible and embedded subtly in the people-outcomes. Business leaders who are often skeptical ask the question, “Does more training lead to more profitability?” The answer is “yes” and organizations that do not take up training as a key priority stand to suffer.
2.
The What, Why and How of Mobile Learning
With 2.3 billion people across the globe using social
media and over half of web traffic now coming from mobile devices, its no
surprise that mLearning is scoring high on the popularity meters.
Mobile Learning or mLearning is no longer a novel phenomenon. A few
years ago, it took the learning industry by storm; presenting an opportunity to
training companies and L&D departments to leverage the on-the-go time of
their learners. In India specifically, the mobile phones bypassed the
‘personal computing’ revolution and jumped straight into a ‘mobile communication
and computing’ revolution by supplanting landline phones and desktop computers
as primary communication tools. Today, however, mLearning is a must-have in all
domains! And fuelling its immense popularity is its easy availability and
affordability.
3.
Converge India 2017: Pulling it together and Getting it right
At the Cornerstone Converge
India 2017, Nishchae Suri, Partner and Head KPMG Academy and Madhura Dasgupta
Sinha, Head Employee Experience at IDFC Bank talk about how embracing technology
has helped them to innovate and transform in their respective organizations.
Technology is enabling organizations on an unimaginable scale. It is
changing the way we live and work.
KPMG:
KPMG Academy has inculcated technology in the way they curated their
learning parameters. It believes in the adage: Failing to learn is learning to
fail
It believed in Creating a strategic intent for learners to engage with
learning, help client tackle business challenges through strategic capability
development initiative, combine academic excellence with industry expertise to
craft a PRACADEMIC (Practitioners and Academicians) approach to design and
delivery.
What the KPMG Learning Academy stands for
·
Connecting
content to context
·
Connecting
learning to business
·
Connecting
design to technology
·
Connecting
activities to outcomes
In the next few years, KPMG Academy wants to Improve the learning
maturity of corporate India, play a strategic role in demand and supply of
talent, and Create learning that aligns to the learner’s sense of purpose with
help of AI, social learning, digital payments, Mobile learning, predictive
analysis, augmented and virtual realities.
IDFC Bank:
2 years ago, when IDFC Bank wanted to establish itself as the 83rd bank
in the already overcrowded banking space, it knew it was a humongous
task.
The challenges that they faced were how to attract the right talent,
how to conduct business in the diverse locations – network quite wide, and
customer experience.
What were the
solutions? The Bank realized that the way forward is to communicate, connect
and collaborate. The foremost thing the bank did was to create an employee
experience par excellence – creating touchpoints for the employees, right from
generating the employee ID, visiting cards, laptop, phone line-ups are ready.
Once the internal customers are motivated, and energized then they will create
the ‘wow’ experience for the external customers. Every employee in the IDFC
Bank have relationship manager.
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