03/21/2022
Lack of talent is an ongoing and widespread risk to all scaling businesses. Consider Establishing and fostering a "Learning Culture" to give your business a long-term, leg up in the talent race.
Benefits of a "learning Culture" include:
👉 Most employees (94%) said they would stay at a company longer if it invests in their careers.
👉 Employees who have access to professional development opportunities are 15% more engaged.
👉 Companies that spend $1,500 or more on employee development per year report 24% higher annual profits than organizations that spend less.
Source: ClearCompany
Here are some tips to help you get started:
📍Personalize learning. Employers can offer personalized learning plans to help guide employees on their journeys to make learning efforts relevant. Instead of focusing on course completion, employers can support employees’ long-term learning to reach their career goals.
📍Support risk-taking. Employers can tolerate and perhaps even encourage mistakes—as long as they support learning and growth and are managed appropriately. When employees feel safe taking risks, significant growth can occur at the individual and team levels. The feasibility of this strategy will vary based on industry and organization.
📍Reward and recognize learning. Employers need to show their appreciation and value of learning regularly. Focus on how employees apply their newfound knowledge versus simply what was accomplished.
📍 Leverage technology. Employers incorporate e-learning, online coaching and learning management systems (LMSs) to train and develop their workforce. The right technology learning environment can facilitate and support continuous learning, ultimately making it accessible for all employees.
📍 Hire lifelong learners. Recruiting and hiring managers could leverage assessments and behavioral interviews to gauge if candidates are a good fit or add to company culture. For example, such an assessment could help reveal if a prospective employee is driven, curious, or has a learner mindset.
You can find more information, including a link to the study referenced above on our website link in bio!