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Talent Shortage - is the end in sight?

Traditional Learning & Development (L&D) just doesn't deliver; it needs an overhaul if it's ever to rise in status and value. E-learning is the new kid on the block however, in most cases, it's simply traditional methods dressed up in a technological coat.

To change behaviours and performance L&D needs three vital ingredients: practical and work-related content; the support of a coach to help embed learning and the active engagement of sponsoring leaders.

It's not beyond the wit of man to accomplish all of these...is it?

Talent Shortage - is the end in sight?

  1. 1. of respondents say that developing the talent pipeline is their greatest challenge (4) 60% of employers say lifelong learning has an impact on job performance(10) 25% of companies are searching for new talent from untapped & under-tapped talent pools (3) of companies offer development opportunities for their staff (11) 63%of companies are concerned by the talent shortfall at all levels (1) 23% of employees leave for lack of training & development (7) 64% of executives recruited externally fail within the first four years (8) HOWEVER, ONLY 20MONTHS for a new recruit to reach average performance required for their role (9) 47% said that coaching was the preferred L&D intervention - it's personal and aids reflection and action (16) HOWEVER... OF THOSE THAT OFFER STAFF DEVELOPMENT 18% higher levels of employee engagement (18) So what happens when you blend the efficiency of on-line learning with the personal touch of a business coach? (1) 2014 HBR – PWC’s Survey of CEOs. (2) 2014 Manpower Group – The Talent Shortage Continues. (3) 2014 Manpower Group – The Talent Shortage Continues. (4) 2013 HBR - Taking Measure of Talent. (5) 2013 HBR - Taking Measure of Talent. (6) 2013 Gallup Study of US Workplace. (7) 2014 Shift Blog - National Research Business Institute. (8) 2014 Docebo – E-Learning Market Trends & Forecast. (9) 2011 Mind Gym – The Engaged Employee. (10) 2014 Docebo – E-Learning Market Trends & Forecast. (11) 2014 Manpower Group – The Talent Shortage Continues. (12) 2014 - OBD Learning Blog. (13) 2010 IBM – The Value of e-learning. (14) 2014 Docebo – E-Learning Market Trends & Forecast. (15) 2013 HBR - Taking Measure of Talent. (16) 2014 Henley – Corporate Learning Priorities Survey. (17) 2014 Henley – Corporate Learning Priorities Survey. (18) 2013 Shift Blog - Reasons to implement e-learning in your Organisation. (19) 2013 Shift Blog - Facts, Figures & Forces behind e-learning. OBD-ACADEMY.COM 94% say that the talent shortfall impacts their ability to serve customers (2) 70% of the workforce are disengaged (6) A strong connection exisits between employee engagement and the perception that the company is committed to their career and growth (5) AND47% say they're investing in on-line learning (17) faster learning curve (19) 60% WHICH HAS ACADEMY Road blocks! to wider Learning & Development participation... 83% & 50% CUSTOMER CLOSED IT TAKES If traditional learning & development is ‘paying off’ we’d be reading about it. However, we’re told that... Key staff are needed on the frontline (14) L&D is seen as discretionary spend, not critical invesment (12) 40% of L&D investment is swallowed by travel & hotels (13) Investment not fully valued (15) TO: JANE SUBJECT: URGENT!

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