Building a Resilient Workforce with the Right L&D Strategies, Budget and Impact

From small and medium sized businesses to big organizations, it has been a persistent challenge to find the right balance between L&D investments and learner needs to generate a measurable and positive business impact.

For organizations to deal with this challenge and create a positive impact on their workforce & business, it is imperative for them to understand the value of strategic learner engagement, L&D budget management, and impact measurement.

Learner Engagement

Understanding Learner Needs: Understand how diverse the learners and their learning needs & expectations are.

Engaging and flexible learning programs: Keep the learning methods interactive. Let the learners have the freedom to learn anytime anywhere.

Personalized and self-paced learning resources: Let the learners learn at their own pace.

L&D Budgeting

• Increase e-Learning budget allocation: The decision makers need to invest more in e-learning for improving the cost-effectiveness of overall learning budget.
• Blended Learning approach: A good mix of classroom learning and e-learning can be very effective in upskilling the workforce while saving costs and time.

Impact Measurement

• Evaluate with the right metrics: Ask the right questions. Before starting with the L&D process set the expectations and objectives that you want to achieve.
• Derive actionable insights/outcomes: Gather feedback from learners and their learning expectations. With the data, find out the action points to work upon.