Five Reasons Your Employee Learning and Development Budget is Going to Waste

In 2021, the global market for workplace learning and development was worth $272 billion. The market is expected to grow to $381 billion by 2027.

To: LMS Leaders, C-Suite, CFO Tech, Human Resources, CPOs and People Leadership

📢 If your employee training program looks like this:

✔ Training is not designed/aligned to address specific business needs/objectives.

✔The training framework does not provide the opportunity for employees to practice what they learn, hands-on practice and application.

✔Training is not measured.

✔Training is perceived as a "one and done" with no ongoing support or reinforcement.

✔Training is created by individuals who are not in the specific job role or leading a team from which the training was developed.

💸 Your money is being wasted. Change only happens from the top down!

📢 Here's a checklist to turn your training into an ROI:

✔What is the problem/skill/reskill you're trying to solve?
✔Workshop a solution with all parties involved
✔Agree on a conceptual approach
✔Pilot, test and perform procedure
✔Set a deadline for testing concepts
✔Create the training
✔Role-playing
✔Open another workshop for improvement areas
✔Monitor the progress
✔Measure the training
✔Reward the outcome

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