What is the secret of success behind any company? Is it business strategy? Is it leadership? Is it the employees? The answer is yes, to all of these things. But behind all of that, the bedrock of any company is training. It is essential to the development of the employee as well as the company. In recent years, there has been a need for training to become more ROI (Return-On-Investment) based. According to Bersin by Deloitte’s annual Corporate Learning Factbook, U.S. businesses spent 10 percent more on corporate training in 2015 than in 2014. Concurrently, corporations around the world have been using adaptive learning technology to their advantage.
Assessment and Training is the core of any good corporate strategy as more employees will be well trained to face the challenges that await them in the future. For instance, corporations have centers and offices across the world. With this in mind, language training becomes an essential makeup of a productive employee. As an integral part of company strategy, language learning programs can help employees more effectively engage with suppliers, customers and co-workers in their own language, resulting in more productive conversations and – in many cases – more successful outcomes.
Another great benefit of corporations having adaptive learning systems is that they’re mostly available in an online environment. Employees and instructors don’t need to coordinate schedules in order for the training to proceed. So, in essence, it’s a flexible option where no one is left behind and schedules can vary according to the need of the hour. HR representatives would never have to leave their office to conduct training. The ‘trainer’ would already be online. In some cases, mobile learning has been used to great effect as another form of corporate learning solutions. Essentially, this will cut overall costs as schedules are no longer interrupted and productivity will not suffer.
Here’s another simple reason for the need of smart learning management systems. They’re idle for the modern employee. The modern employee is like a ‘pinball machine.’ They’re constantly on the move and need a system as dynamic as they are. More importantly, the content supports various presentation styles within one course, including audios, videos, animations, listicles and short podcasts. Modern learners expect curated learning experiences with delivery of bite-sized content, ensuring interactive learning experiences. It can be argued that adaptive learning is a data-centric that will provide the right metrics to the organization on the development of an employee.
Adaptive learning does not just help train the employee but it also assists in hiring the right employee for multi-national corporations. More companies and business are using a customized smart adaptive test to assist in talent acquisition. Pre-employment testing is increasingly being adopted by hiring managers to improve accuracy, reduce costs and speed up time to hire. This makes for better hiring decisions, greater process efficiency and a comprehensive view of an employee’s strengths and weaknesses.
The future is not coming. It’s already here. Corporations must embrace it and by doing so, they will do more than just make a profit. They will be on the forefront of learning and development, forming a symbiotic relationship with the digital world. This would give employees access to the best content and allow companies to better track all learning and gain deeper insights into employee’s knowledge and skill sets. Over time, this approach would create unique training pathways for each employee and drive even higher ROI on training spending.