1.
Here are the hacks to make L&D interesting
To achieve learning outcomes more effectively,
companies are leveraging an efficient gamification strategy that offers
higher completion rates and improved recall and retention. Experts tell
how creating leaderboards and recognizing employees can make L&D
successful. A recent study shows that the completion rate for traditional
online courses is just around 3 per cent. And this points out a significant
downbeat in the scenario where companies are going all out with their
learning and development initiatives to make their workforce future-ready. But
there’s a hack to bridge this gap! Gamified learning! Think this way, you have time travelled to your childhood and for every
right recitation of mathematical tables, you get a badge that actually
makes you stand out from the crowd. The badge has many benefits. You get
extra two marks in your examination and a chance to treat yourself to
your favourite place – the school canteen! This, in turn, makes you more
competitive and you prepare better for the next such opportunity.
2.
Why a coaching culture
and not any other culture?
An
organisation’s purpose should go beyond profit. According to
PricewaterhouseCoopers (PwC), 79 per cent of business leaders believe that an
organisation’s purpose is central to a business’s success, and millennials who
have a solid connection with their employer's purpose are 5.3 times more likely
to stay. 1 So, it’s worthwhile to find out more compelling reasons why
building a coaching culture is essential. I often see organisations
initiating multiple culture-shaping projects to shift the people and culture
to the highest level of performance and productivity. However, some
organisations may have chosen to develop a coaching culture simply
because their rivals have started to do so, or they may feel that a coaching
culture is a trend that their organisation shouldn’t miss. If this is the
mentality, the “change strategy” will likely fail because the organisation has
been unable first to determine its purpose and objective. Just as Alice, don’t
care where they are heading. An organisation’s purpose should go beyond
profit. According to PricewaterhouseCoopers (PwC), 79 per cent of business
leaders believe that an organisation’s purpose is central to a
business’s success, and millennials who have a solid connection with their
employer’s purpose are 5.3 times more likely to stay.1 So, it’s
worthwhile to find out more compelling reasons why building a coaching culture
is essential.
3.
Identify
skill transformation catalysts or plunge into uncertainty: Aon’s Ishita
In an exclusive
interview, Aon’s Ishita Bandyopadhyay talks about the top capability caps that
are emerging currently and how companies should think about their skills
transformation agenda. As companies take a step back to review their talent
management strategies in light of the downturn in the global economy, they have
many decisions to make. Preparing for an uncertain future involves making the
organisation nimble and agile. So, what does future readiness in L&D look
like?
In an exclusive
conversation with Ishita Bandyopadhyay – Managing Director, Aon's Assessment
Solutions, India and South East Asia, she notes that skill transformation,
although an obvious choice, is a complex journey. She also discusses the gaps
in skilling interventions and how technology can be redesigned. Ishita has
over 15 years of experience in Human Capital Consulting and Change Management.
Currently, she leads Aon's Assessment Solutions for India and South East Asia
markets, supporting the growth of businesses and clients. As an experienced HR
advisor, Ishita has a strong track record in leading teams and partnering with
clients to create business impact. Ishita has over 15 years of experience in Human
Capital Consulting and Change Management. Currently, she leads Aon's Assessment
Solutions for India and South East Asia markets, supporting the growth of
businesses and clients. As an experienced HR advisor, Ishita has a strong track
record in leading teams and partnering with clients to create business impact.
At the ‘Take off
‘point, L&D professionals must make at least three considerations.
·
Will the skill transformation enhance the core business, or will
it diversify it? Based on this consideration, the organisation needs to
precisely identify the new required skill sets because the initial roadblock is
to identify the required skill sets of the future with specificity.
·
Which functions and levels in the organisation need to be at the
forefront of this transformation? It is necessary to identify skill
transformation catalysts and their representation else the transformation will
plunge into anarchy and uncertainty.
·
Is there a provision to build an incubation approach for skill
transformation? There is a need to start from a proof of concept with a
protected group that can make mistakes and learn from them.
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