The Looming Danger of Ignoring Employee Development: Are you Putting your Business at Risk?
To create a robust and efficient workforce, employee development is essential; human resource leaders have recognized significant trends that business owners, managers, supervisors, and training administrators need to consider.
Failing to keep up with the latest shifts in employee development can be detrimental to any business or organization. Not recognizing the growing significance of employee training to millennials can have adverse consequences, given that this generation considers training opportunities crucial to enhancing their abilities and knowledge.
To piggy-back on that, neglecting to keep up with the latest trends in outside learning and development opportunities can result in negative consequences, hindering your organization's ability to provide a comprehensive learning experience. By disregarding this training, not only will your business miss out on cost savings and scalability benefits, but you also risk disappointing tech-savvy employees who expect more advanced training.
Along with these various development opportunities, your new hires crave consistent on-the-job coaching/mentoring and may become disengaged and less effective without it. Overlooking the emergence of microlearning may cause employees to struggle with information overload and retention of key knowledge, and refusing to adopt the transition from managing to coaching jeopardizes your ability to hold on to and inspire employees who desire constructive criticism and chances to develop.
Without investing in improvement programs that enable your managers and supervisors to provide valuable feedback and serve as competent mentors to your teams or embracing the latest trends in employee development and prioritizing employee training, it will be an uphill battle to remain competitive and attract and retain valuable talent.
Stay Ahead of the Game: Why Employee Development Trends should be your Top Priority in 2023
Staying ahead of the curve is essential for the success of any business. One way to do that is by investing in your employees' development. Following these trends in employee development, you can empower your employees and lead your business to success.
You can make a difference in your employees' lives and drive your business to greater heights. Here are five simple but effective ways to make this happen:
Your New Hires are Hungry for Training
With this new generation of workers comes a new set of expectations when it comes to employee training and development. These younger employees see training as an opportunity, not an obligation. In fact, a survey by The Bersin by Deloitte Future of Corporate Learning found that millennials rated training and development as the most important employee benefit.
By investing in their training and development, you'll not only meet their expectations but also demonstrate your commitment to their growth and success within the company. This can result in a more engaged and motivated workforce, which will benefit your business in the long run.
E-Learning Is Still on Top
An effective and cost-efficient way to train your employees is through e-Learning! It's no secret it is dominating the training industry, and for good reason. Its benefits are felt throughout the entire company, from entry-level workers to high-level executives. And with training budgets often limited, off-the-shelf e-Learning programs are becoming increasingly popular—you'll be able to provide top-notch training without breaking the bank.
Blended Learning Is a Must
e-Learning alone may not be enough to effectively train your workforce and if so, a blended learning approach may be just what you need! It combines the benefits of e-Learning with on-the-job training, coaching, and mentoring to create a comprehensive training program.
By investing in a blended strategy, you can ensure that your employees receive the knowledge and skills they need to succeed in their roles. This can lead to increased job satisfaction and productivity, as well as a more skilled and capable workforce.
The Emergence of Microlearning
You are undoubtedly aware that attention spans are getting shorter while the need for attention to detail is becoming increasingly important. This presents a unique challenge when it comes to training your employees.
The solution may lie in microlearning—this trend delivers focused training topics in short bursts, with an emphasis on the must-know details that employees need to perform their essential job functions. By investing in microlearning, you can provide your employees with the knowledge they need to excel in their roles, without overwhelming them with too much information at once.
Coaching over Control
Today's employees don't want to be managed, but rather coached. Team members crave feedback and opportunities for growth. To meet these needs, it's important for managers and supervisors to have the proper training to become effective mentors.
This can help them learn how to deliver productive feedback and provide their team members with the guidance they need to succeed. By investing in training for your managers and supervisors, you'll be able to create a workplace culture that values employee development and growth.
The key theme emerging from these trends is that learning is powerful, not only for individual employee development, but also for the strength of your workforce as a whole. It's important to pay attention to these trends and invest in employee development accordingly.
To learn more about these trends, make sure to check out our upcoming podcast. We’ll discuss strategies on how to stay up-to-date with the latest trends and investing in employee development, where you'll be able to maintain a workforce that is more skilled, engaged, and ultimately, more successful.