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5 Elements for Gaining Total Buy-In with Your L&D Program

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Learning and development programs are becoming increasingly popular throughout organizations due to their known benefits of improving employee engagement, retention, and performance. But how many learning and development programs are truly successful? Statistics say not many.

Gautama Buddha said “when the student is ready, the teacher will appear”. Before you can earn initial approval from your executives, you need to answer two questions: who are the students in your organization? And what do they want to learn?

The students may be fresh talent, bringing innovation and challenging the status quo or veterans who have become well-versed in organization's ways. But they all want to learn - 95% of employees say they would stay at a company longer if they invested in their career development. Preparing students to learn is less about creating excitement around the learning and more about the ability to continually be engaged and apply what they learned.

During this webinar, we will discuss:

- The benefits you can see from a strong L&D program
- The disconnects that can cause your program to be unsuccessful
- The difference between a career path and the process of career sculpting
- The five elements to gain both leadership and employee buy-in
- Ways to measure the success of the program and the skills learned
- Steps to maintain success in your L&D program

Published in: Recruiting & HR
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  • DOWNLOAD FULL BOOKS INTO AVAILABLE FORMAT ......................................................................................................................... ......................................................................................................................... 1.DOWNLOAD FULL PDF EBOOK here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... 1.DOWNLOAD FULL EPUB Ebook here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... 1.DOWNLOAD FULL doc Ebook here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... 1.DOWNLOAD FULL PDF EBOOK here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... 1.DOWNLOAD FULL EPUB Ebook here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... 1.DOWNLOAD FULL doc Ebook here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... ......................................................................................................................... ......................................................................................................................... .............. Browse by Genre Available eBooks ......................................................................................................................... Art, Biography, Business, Chick Lit, Children's, Christian, Classics, Comics, Contemporary, Cookbooks, Crime, Ebooks, Fantasy, Fiction, Graphic Novels, Historical Fiction, History, Horror, Humor And Comedy, Manga, Memoir, Music, Mystery, Non Fiction, Paranormal, Philosophy, Poetry, Psychology, Religion, Romance, Science, Science Fiction, Self Help, Suspense, Spirituality, Sports, Thriller, Travel, Young Adult,
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5 Elements for Gaining Total Buy-In with Your L&D Program

  1. 1. Libby Powers Channel Sales Account Executive BizLibrary Cassie Whitlock Director of Huma n Resources BambooHR
  2. 2. “An investment in knowledge always pays the best interest.” ― Benjamin Franklin
  3. 3. POLL QUESTION ● Awesome! Everyone uses it and understands the importance. ● Oka y, employees use it every once in a while. Some see the significa nce. ● Not so good. Nobody uses it a nd ha rdly a nyone sees the point in the progra m. ● Our L&D progra m is non-existent. How would you describe your organization’s L&D Program?
  4. 4. What is important about an L&D program? ● Improves your bottom line ● Aids in succession pla nning ● Helps in recruitment a nd retention of top ta lent ● Boost overa ll compa ny mora le
  5. 5. Why doesn’t every company have a learning and development program?
  6. 6. Two main reasons 1. Lea dership 2. Employee enga gement
  7. 7. Problems with Leadership “According to a survey conducted by business management consulting firm Ga p Interna tiona l, 85 percent of compa ny executives surveyed sa id tha t ma ximizing ta lent is “very importa nt,” a nd 83 percent sa id the sa me of empowering employees to succeed. At the sa me time, only 37 percent of the executives believe their employees ca n become top performers, a nd less tha n ha lf sa id they would invest in lea dership development this yea r.” - BMA Group
  8. 8. Not the employees, it’s the wrong kind of training Your L&D program should be three things: ● Accessible ● Engaging ● Relevant Problems with Employee Engagement
  9. 9. How do we fix these problems?
  10. 10. 5 Elements of a Successful L&D Program 1. Lea dership Buy-in 2. Specific objective a nd focus 3. Acknowledge skill ga ps 4. Appropria te lea rning style 5. Accounta bility
  11. 11. 5 signs that you have leadership buy-in. ● Your Leaders are actively engaged ● Your Leaders understand your contributions ● You can prove a return ● Leadership wants to help ● Leadership is interested in your performance metrics Leadership Buy-In
  12. 12. Tips for Gaining Leadership Buy-In 10 Steps to Get Buy-in 1. Know your lea der 2. Identify your stra tegy 3. Wha t type of stra tegy fits with business cha llenge 4. Cla rify problems 5. Show solution 6. Thoughts behind the scene 7. Show impa ct 8. Colla bora tive effort 9. Build a n a ccounta bility pla n 10. Know your timing 11. (bonus) Give 100%
  13. 13. Objectives & Focus ● Are your organization’s goals rea dy for the lea rning economy?
  14. 14. Getting Specific About the Future ● Compensation ● Cha llenge ● Life Events ● Succession Pla nning
  15. 15. Where are your organization’s orange extension cords? Ta ke a ca reful look in your employee experience blind spots. Discovering Skill Gaps
  16. 16. ● Video-Ba sed Microlea rning ● Online a nd On-Dema nd ● Reinforcements ● Immedia te Answer Appropriate learning style
  17. 17. Benefits of building a modern learning workplace
  18. 18. “If you don’t get accountability right, you won’t get much else right either. Accountability encompasses how people make commitments to one another, what they make commitments about, how they measure and report progress, and how much ownership they take to get things done.” – Roger Connors, CEO of Partners In Leadership
  19. 19. Effective Performance Management ● Annual reviews vs. 1 -on-1 ○ According to an original BambooHR survey, 51 percent of non -management and non -HR employees prefer to receive feedback as they complete projects or in casual, convenient one -on-ones with their managers (as opposed to only 18 percent who prefer annual performance reviews) ● Mentor programs ○ Gilead Sciences has used a mentorship program for years for talent development at all levels. Richard Morse, the L&D Director at Gilead Sciences, has said, “Getting leaders and specialists to mentor others,” was one of the most powerful things they’d done for employee development overall. ○ Assign mentors across teams and departments ○ Use mentors to demonstrate culture and values
  20. 20. How do you measure the success of your L&D program? ● Statistics ● Culture & Emotion
  21. 21. Statistics ● Reduced turnover ● ROI ● Increa sed profits
  22. 22. Culture & Emotion ● Increased morale ● Confidence/ less a bsenteeism ● EVP ● Cultura l redunda ncy? Knowledge Redunda ncy? Vision redunda ncy? ● Mission, Vision, Va lues
  23. 23. Tools used to measure success of your L&D program ● Surveys/Questionnaires ● Crunch the numbers - find ROI ● 1:1meetings with Ma na gers a nd Employees / Executives a nd ma na gers
  24. 24. ● How did this learning and development improve your skills? ● How did this course help you with improving your skills? ● How do you pla n on using these skills in your da y- to-da y? ● Are there a ny items tha t were not included in the tra ining? If so, wha t were they? Surveys/Questionnaires
  25. 25. Finding your ROI FIC had a turnover rate of 22% Six months a fter tra ining,​ tha t ra te ha d decrea sed to 14%​. The a vera ge employee sa la ry a t FIC is $45,000 per yea r​. Tha t ma kes the a vera ge cost of losing one employee $9,000 out of FIC’s pocket. And let’s sa y it cost $520 per yea r to deliver soft skills to 80 employees Investment Cost = $41,600
  26. 26. So, before training, the number of employees lost per year was 110. After tra ining, the number of employees lost per yea r wa s 70, FIC sa ved 40 employees from lea ving.​ $9,000 cost of turnover per employee x 40 employees = $360,000 = investment ga in ​ ROI = $360,000 – $41,600 / $41,600 X 100​ As for ROI = ($360,000 – $41,600) / $41,600 x 100 = 765%
  27. 27. Aligning Learning from Top to Bottom Executives Managers Employees
  28. 28. How do you measure the skills learned in these programs? ● Reinforcement ● Observing da y-to-da y/ 1:1meetings ● KPIs a nd other performa nce mea surements ● Time to contribution, Qua lity, Qua ntity
  29. 29. Reinforcements
  30. 30. Observation & 1:1 Meetings
  31. 31. KPIs and other performance measurements ● Retention ● Time to contribution ● Qua lity/ Qua ntity ba la nce ● eNPS—employee sa tisfa ction
  32. 32. How do you maintain a successful L&D program for years? ● Using the 5 elements ● Ma ke wise cha nges ● Positive compa ny culture
  33. 33. Key Takeaways ● A strong L&D program has tangible benefits ● Misundersta ndings a bout L&D ca n block cha nge ● Ensure you ha ve a ll five elements of a successful L&D progra m ● Mea sure the success of the progra m ● Ma inta in success in your L&D progra m
  34. 34. Questions? BizLibrary Receive a demo of the BizLibrary solution We’ll contact you shortly to set up a demo BambooHR Receive a free job posting on our ATS and full HRIS for one week We’ll contact you shortly to set this up
  35. 35. Libby Powers Channel Sales Account Executive BizLibrary Cassie Whitlock Director of Huma n Resources BambooHR Thank you for attending!

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