Analytics Insights
Tap into the Potential of Learning Analytics Insights
March 15, 2024
AI
AI: Empowering Organizational Learning & Development
June 14, 2024
Analytics Insights
Tap into the Potential of Learning Analytics Insights
March 15, 2024
AI
AI: Empowering Organizational Learning & Development
June 14, 2024

The Essentiality of Employee Training

Anurag Dayal
Author: Anurag Dayal
Head of Learning Strategy, Ozemio

The market globally is constantly evolving, demanding a continuous upskilling of your workforce. To stay competitive and ensure your team's enduring success, it’s essential to prioritize training and development programs. These programs are crucial for equipping your employees with the adaptability and expertise required to flourish in this dynamic environment. 

A 2021 study conducted by McKinsey & Company revealed that 87% of companies globally admit to having skill gaps among their employees or are expecting the same within a few years. To bridge this gap and maintain a competitive edge, we need the support of training and development professionals. These experts are the architects of our learning transformation. Hence, by strategically leveraging training as a catalyst, training and development professionals enable employees to achieve their full potential and drive measurable improvements in business outcomes. 

When customized according to employee needs, learning programs empower employees to reap optimum outcomes by equipping them with the relevant skills. With technology availability, learning has moved out of the traditional classroom in the form of eLearning solutions. These allow learners the flexibility to learn from anywhere, further providing them the opportunity to learn at their own pace.  

Self-paced learning also encourages need-specific learning by allowing learners to choose the topics in order to foster optimum understanding. The effectiveness of these eLearning solutions depends upon the way they are designed, thus making it essential for organizations to invest strategically in these learning solutions. 

Ozemio, a pioneer in the field of talent transformation, empowers organizations with customized learning solutions. In addition to being flexible, adaptative, tailored, and meaningful, these learning solutions enable effective knowledge retention among employees. Ozemio’s learning solutions not only focus on offering knowledge but also ensure that employees are prepared to handle real-life situations by offering them hands-on experience through VR (Virtual Reality), AR (Augmented Reality), and MR (Mixed Reality), in addition to various other simulations and adaptive learning solutions. These solutions transform learners into confident appliers of knowledge, thus boosting their overall performance. Ozemio acts as an enabler in empowering both organizations and their employees by helping them overcome major challenges like employee retention and effective skill-building. 

According to the 2023 Workplace Learning Report, 93% of organizations are concerned about employee retention, a major challenge faced by businesses globally. The same report states that employees often stay in organizations longer when presented with development opportunities. Thus, employee skill-building through customized learning solutions acts as an effective tool for acquiring and retaining talent. As organizations strive to achieve market dominance, a high-performing talent pool becomes their biggest asset. However, in order to create an upskilled talent pool, it’s essential to equip them with industry-relevant skills and knowledge via relevant learning solutions. 

What are the various modes of employee training and development? 

There are various modes of employee learning to bring about talent transformation depending upon the organization’s needs, including: 

  • Virtual Instruction-Led Training (VILT) 
  • E-Learning 
  • Microlearning 
  • Simulation-based Learning 
  • Gamification 
  • Blended Learning 
  • On-demand Learning 

These learning modalities are effective when used for training employees in critical skills and equipping them with industry-relevant knowledge such as employee onboarding, compliance regulations, sales enablement, customer service, operations, and leadership skills, among many others. Thus, talent transformation provides an effective way of empowering employees by presenting a targeted yet comprehensive approach to employee upskilling that boosts productivity and paves the way for growth and future-readiness. 

Organizations that focus on creating employee development programs could start by identifying the need for these solutions. This can be done by analyzing organizational performance via a performance map that locates areas that require improvement. Based on these requirements, a tailored learning solution could be developed. 

How to develop training and development programs for employees?

As mentioned earlier, organizations that seek to create a high-performance training and learning solution could first design a detailed strategy to identify requirements. In doing so, there are certain steps that could be taken, thus transforming their business requirements into learning solutions. 

  • Identify Business Impact

Before designing and implementing employee learning programs, it’s most effective to first identify the desired goals and results the organization seeks to achieve. This helps in creating a benchmark and design cost-effective staff training solutions that utilize resources effectively to derive optimum results. 

  • Analyze Skill Gaps 

By closely analyzing the collected data, the existing gaps in the organization and workforce could be identified. In this case the existing skills and knowledge among the workforce are assessed against the industry standards in order to understand areas that need improvement. These results are then used as references to measure outcomes at the end of the course. 

  • Customized Learning Solution 

An impactful learning solutions and training program integrates various learning modes to ensure sustainable learning. The collected information is then utilized to create a layered learning solution that adheres to business needs and employee upskilling. It further equips learners with sustainable knowledge by using the most relevant employee training modules, integrating applicable elements, and leveraging the most suitable modes of employee learning. 

  • Evaluate

Lastly, the results could be evaluated to measure overall benefits. In addition, these results assist in understanding future organizational needs. However, this is not the end of the learning curve; rather, this analysis functions as a repository that allows organizations to foster a culture of continuous learning.  

How can Ozemio help?

Ozemio with a long-standing history in talent transformation, empowering organizations by upskilling workforces to achieve exponential growth. We are dedicated to helping organizations achieve their full potential, may it be through tailored solutions and cutting-edge strategies that ensure your upskilled and future ready. Thus, helping you stay ahead of the learning curve and achieve unparalleled growth. At Ozemio, our vision is to make transformation better. To understand us better, get in touch: https://ozemio.com/  

Over 20 years of experience, with 14+ years in leadership roles within Learning and Development (L&D). Proven expertise in designing business-critical learning solutions, conducting analysis, and delivering consulting and eLearning content aligned with organizational goals. He has successfully managed training functions across diverse business verticals, leading in-house L&D teams and global client engagements. Anurag is skilled in change management for seamless training implementation and proficient in using the latest learning tools and technologies. Adept at creating comprehensive learning roadmaps, collaborating with senior stakeholders on budgeting, and building partnerships to enhance service delivery. He leads pre-sales teams to develop customer-focused learning solutions.

Author: Anurag Dayal
Head of Learning Strategy, Ozemio