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As millennials continue to become a dominant part of workforce demographics, organizations need to prepare for a workforce that is tech-savvy and tech-dependent
Fremont, CA: Organizations today are continually looking to stay updated, get upgraded, and continue upskilling their workforce. Learning remains to be the driving force behind change and growth for any such organization. The growth of learning organizations, rising demand for experience focuses, employee-centric processes, and the mounting need for intelligent employer branding has led to significant changes in the Learning Management System (LMS) as we know it. In a hyper-connected and trend sensitive world, companies must stay updated with the latest market trends.
The Risk of Multi-channel Learning
As millennials continue to become a dominant part of workforce demographics, organizations need to prepare for a workforce that is tech-savvy and tech-dependent. There has been a definite shift in terms of the applicability of learning and training. Multi-channel learning enables access to anytime anywhere learning along with the faster application of skills learned or upgraded.
A significant benefit that LXPs provide is the organization's operational value with micro-level reporting and the opportunity for deep analytics. This creates a meaningful impact on both the learner and the organization. Besides, LXPs empower learners with a collaborative, self-driven journey that is engaging and well-circulated among peers and fellow learners. Today, learners are looking for learning that is available on the go, modality agnostic, and quick to consume.
Mapping the ROI of Learning
ROI on learning would not have been conceived possible until a few years ago. Today, ROI on LMS and other Learning and Development endeavors is tangible, measurable, and transparent. The connection between learning and performance has been a breakthrough discovery for Learning and Development. For high-performing organizations, learning is not the outcome. The aim is to drive performance from the knowledge gained. Learning and performance management do not merely co-exist; they are dependent on one another.
A Range of Choices
As technology's adoption continues to rise rapidly, there has been a significant influx of new participants in the market. Competition among LMS providers is like never before. Organizations can be overwhelmed by the choices available. When evaluating a learning solution, companies need to assess the business objectives they're aiming to impact.
See also: Top HR Technology Solution Companies