A Better Way

apple_core.jpgIn an earlier post, I described why 80% of training is wasted, and how we are wasting hundreds of billions of dollars on that training. There has to be a better way.

So what would this “better way” look like?

To begin with, it would focus on the effectiveness of the core learning moment.

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Why 80% of Training is Wasted

According to the IBM Report on the value of training, two-thirds of global leaders identify talent and leadership shortages as their number one business challenge. And 71% of CEOs cite human capital as the leading source of sustained economic value – ahead of products, customer relationships, and brands. Soft skills are on top of the list of skills that employers seek. 

No wonder hundreds of billions of dollars are spent on corporate training every year. And yet, 9 out of 10 frontline managers still do not feel well-prepared to meet their business challenges, according to Development Dimensions International’s survey of 2,001 mid-level leaders worldwide.

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Change is Coming

Here at SkillStore, we like to share good articles among our team members. Our Senior Director of Customer Success, Peter McLaughlin, tends to share the most articles. (He shares them on his twitter feed too – take a look if you want to benefit from his good reading).

One of the recent articles he shared was Corporate Learning in the World of Hypergrowth Companies  by Josh Bersin of Bersin of Deloitte. As we continue growing, exploring new initiatives, and working with an expanding number of cool clients, many of the article highlights seem particularly relevant.

A hybrid learning approach is ideal – Individuals want to have the opportunity to discuss what they’re learning.

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Practice Makes… Better!

In the last blog post I shared some tips for preparing for a political debate. While we all may not be practicing for a political debate, we should be practicing for the hard conversations we regularly have at work. When is the last time you shared candid feedback? How did it go last time you negotiated a project budget or schedule? Do you feel comfortable leading conversations around organizational change?

These conversations are hard. And managers who are good at those conversations are managers who have had consistent practice. Ericsson’s extensive research establishes an intriguing argument that a combination of experience and practice (and a lot of it) is what makes an individual excel at a particular task.

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Bite-Sized Learning

tapasI went to dinner the other night and was so focused on the clock that I left feeling stuffed and couldn’t recall what exactly I ordered. Learning can seem like a bad dinner at times. You stuff yourself with material, but then you walk away unsure of what happened and how you can apply the material on the job. Oh, and the bill is more than what you expected.

What if you could learn Spanish tapas style, where you consume small chunks of material when and where you want? Enter microlearning.

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Think Simple

think_simpleEvery year, Siegel + Gale surveys thousands of consumers worldwide and publishes their reports in a Global Brand Simplicity Index. As a global branding agency, Siegel + Gale provide brand experience and design services to companies through the lens of simplicity.

A few key highlights of the 2014 report include:

  • Simplicity pays: Customers are willing to pay more for a simpler experience.
  • Simplicity gets shared: 70 percent of consumers are more likely to recommend a brand because it’s simple.
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