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L&D and Employee Retention

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  Employees are the essence of an organization. Finding good talent is difficult (Arpankumar, 2013). You wouldn't be able to accomplish most of your objectives without them. And losing them is incredibly painful. Employee retention is crucial because of this (Luscombe et al.,2013). Rather than spending time and money on recruitment, it makes more sense to develop the talent currently in the organization (Luscombe et al.,2013). It's more important than ever to make sure your staff feel appreciated, challenged, and fulfilled. To accommodate employees' demands for flexibility, professional advancement, and support for their mental wellbeing, businesses are also adapting their cultures and policies (White, 2014). This will in turn lower worker turnover and also inspire the workforce to reach the business goals (Iqbal, 2010). L&D is crucial in creating a work environment that motivates people to advance and stick with your company (Sandhya, 2011). Since L&D directly ...

70:20:10 Model of Learning and Development

70 -Learning by Working Problem Solving. Challenging Tasks. Other Roles and Responsibilities. Innovation. Reflection. On the Job Training . EXPERIENTIAL LEARNING (Johnson et al., 2018) 20 - Learning by Working together Coaching/Mentoring. Collaboration & Continuous Improvement. Learning in Networks. Action Learning.     SOCIAL LEARNING (Johnson et al., 2018)   10 - Learning by formal intervention      Courses. Workshops. Seminars. E-Learning. Modules.                       FORMAL LEARNING (Johnson et al., 2018)   Within the training industry, the 70-20-10 Model for Learning and Development is a formula frequently used to describe the ideal learning sources employed by succe...

Learning and Development and a Culture of Innovation

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  As technology is becoming more intertwined into our daily lives, business in today’s market is a storm of constant developments and advancements. Staying at the forefront of this inventive environment is a vital aspect in keeping your organization’s market advantage (Brynjolfsson & Hitt, 2000). While it continues to be a competitive need in certain businesses, innovation is a key value in others (Vey et al., 2017). When it comes to L&D, innovation can be described as a crucial ingredient that promotes creativity, enhance problem solving skills, and even equips the workforce to accept change effectively. Long-term market competitiveness is a result of building an innovative culture inside the confines of your company through learning and development (Tamayo-Torres et al., 2016). Innovation isn't something you finish and then move on from. It's a constant exercise connected to the growth and learning of your organization (Schott et al., 2003). Continuous innovation ...

Developing a L&D Strategy in an Organization

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  L&D’s main responsibilities is to manage the development of people in a way that supports the business priorities or goals (Majid et al., 2012). L&D strategy captures how learning and development of the employees of an organization is going to contribute to a sustainable business performance. While there is no doubt that people are key assets of an organization, L&D strategy of the people will determine the future growth in the long run (Edwards et al., 2015).       Developing an effective L&D strategy, one that is aligned with the objectives of the organization is not an easy task, but this is KEY while building employee capabilities to develop the strategy that makes both the company and the employees competitive (Holton, 2002). There are a variety of organizational goals and those who are developing an effective L&D strategy need to remain structured as well as flexible to adapt to unexpected situations and challenges. The steps mentioned...

Importance of Learning and Development in an Organization

T he global literacy level currently stands around 87% up from 12% in 1820. However, the world has evidently changed with the industrial revolution giving birth to a variety of things we use on a day-to-day basis. None of these would have been possible if not for the constant learning and development during this time. For example, we are living in a time where a brand-new iPhone will be out of date within a span of 12 months. In the same way learning and development is crucial to an organization, especially since the pandemic, L&D strategies have been a priority promoting employee growth as well as developing a high skilled workforce that can drive costs down and improve productivity (Kong et al., 2014). The importance of L&D in an organization are highlighted below. Improved Work Culture :   While the culture is at the heart of every organization, modern learning methods with the current technologies go beyond learning pure content but open ways to the social side on...

Learning and Development Methods in an Organization

An organization selects the best suited learning and development program taking into consideration its workforce, diversity, educational level of employee and a variety of other factors. Those employees whose career development is focused on by the employer are more committed and proactive in achieving the organizational goals (Stacho et al., 2019). Therefore, there are several types of learning and development programs available to use in organizations. Some of the most popular ones are listed below, each method has its unique characteristics and based on the audience the quality and effectiveness of the learning experience can be determined. ·        Orientation and Onboarding Orientation programs familiarize the employee with the expectations of the employer along with the values and culture of the organization. This is usually done when in the first week of employment by the HR department of the organization (Hendricks & Potgieter, 2012). On...