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The average organisation invests between 3% - 10% of their revenue on technology projects and major transformational initiatives. These investments are often Volatile, Uncertain, Complex and Ambiguous, and according to a BCG study, 76% of those initiatives fail to improve business performance – short-term or long-term (1).
These transformational initiatives can accelerate employee disengagement given the fears and insecurities of change. When employees aren’t effectively onboarded, nor provided the opportunities to modernize their technical and interpersonal skills, confidence wanes and high-potential employees flee.
According to analysis reported from Bersin by Deloitte, the modern professional is ‘overwhelmed, distracted and impatient’ (2). Organizations must develop focused learning opportunities that are immediately applicable, relevant to performance expectations and inspire employee engagement.
Training must be more closely aligned with employees’ unique Moment of Learning Need, as well as the organisation’s need to deliver value.
When new skills can be applied immediately, and repeatedly in application – otherwise known as spaced repetition – retention of those newly acquired skills increases substantially, up to 300% according to a commonly sourced report on the ‘Forgetting Curve’ (3).
Learning Tree’s Product Development and Business Solution teams have created curricula portfolios aligned with today’s most popular business initiatives to help accelerate and sustain the skills necessary to deliver organisational value and performance, while improving employee engagement.
Sources
(2) https://legacy.bersin.com/uploadedfiles/112614-meet-the-modern-learner.pdf
(3) https://www.psychestudy.com/cognitive/memory/ebbinghaus-forgetting-curve
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