Learning isn’t something that ends in school. It’s been reported that retention rates rise 30-50% for companies with strong learning cultures. With learning both benefitting individual employees with upskilling their careers and benefitting organizations in employee retention and skill of their workforce, it’s a win-win.
Currently, companies may incentivize employee ongoing learning through offering subsidies or requiring certain training. However, there doesn’t exist a way for organizations to currently measure and analyze the ROI on employee learning, as employees may take courses from a variety of sources and may or may not report their certifications and/or learnings to their employer.
The platform I would like to create would serve as a portal for employee learning, linking out to external learning platforms like LinkedIn Learning, Coursera, and even YouTube. As employees look to learn new skills, their click patterns within the website are tracked and metrics are shared with their managers and employee development liaisons. Managers can view what new skills their employees are learning at the individual and aggregate level and start to understand where their teams currently invest their skills. From there, the data can help managers and organization leaders see and predict how their workforce develops skills and get ahead of the curve in developing industry-leading skills.
This platform would be unique in tying together employee learning with advanced analytics to help organization leaders predict skills of the future and prepare their workforce for upcoming shifts in talent and technology.
If you are a manager or organization leader, is this something you’d want to invest in for your team?