Chief Strategy Officer
Linking learning and
It's the year 2030. The City of Boston is
celebrating its 400th anniversary. Mickey
Mouse is turning 100. The youngest Baby
Boomers hit retirement age four years ago,
though many are still working. The oldest
millennials have arrived at middle age. Gen Z
is in its early 30s.
Decades of declining birth rates have resulted
in a global talent shortage of more than 85
million people. And artificial intelligence,
automation and digitisation are fastapproaching the norm throughout the
As a result (if experts at McKinsey are right),
some 375 million employees are doing work
that is markedly different from that of just 10
years ago. And if predictions made by the
Institute for the Future come to fruition, 85% of
jobs didn't even exist back then.
Now, rewind to 'back then' because back
then is today.
Clearly, companies today face a monumental
task to prepare workers for all this change-a
task that will fall jointly to HR and L&D leaders.
Because these functions jointly own the
strategies it will take to build the 2030
workforce. If you're feeling a bit woozy, it
could be the time travel, or you may be
understandably intimidated by what seems a
The learning/performance connection
The good news is that leaders are well aware
of both the problem and, in a broad sense,
the solution. They've read the stats and
embrace the need to identify and hire strong
learners and train up their workforce. Notably,
McKinsey found that 82% of executives at
companies with annual revenues exceeding
$100 million see reskilling as critical to
business success in the next 5 years.
The question: How?
How can companies ensure that investments
in skills training will result in business
success? How can they determine what
training is needed, by which employees and
when, for growth into what roles? And how
can they drive and track it all?
The answer: Through performance
Learning and performance management
have always been linked-through goal
setting, competencies, and development
plans. And through training delivered and
tracked within a modern LMS.
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