Millennials have been dominating the workplace in all sectors, and generation Z is not far behind. In fact, studies show that Generation Z will surpass millennials in terms of population in 2020. Learning and development for these groups is primarily about personal and professional development.
FREMONT, CA: 2020 has been a year of ups and downs for all businesses. The impact of the COVID-19 pandemic has shaken the very foundations of doing business. Businesses have been forced to dump the age-old methods that have favored them for years and adopt new techniques required in a pandemic stricken age. However, 2020 has also been a year of opportunity for companies to transform the existing learning culture into a more agile and competitive method that drives engagement and development. The learning and development space changes have been taking place at a rapid pace, leaving business leaders with minimal choice. Businesses can either transform or be left in the dust.
Millennials have been dominating the workplace in all sectors, and generation Z is not far behind. In fact, studies show that Generation Z will surpass millennials in terms of population in 2020. Learning and development for these groups is primarily about personal and professional development. They are looking for experiences that provide them with the much needed and coveted skills of the future. However, business leaders need to understand that generation X and baby boomers are still in contention in every business environment.
Here are some of the emerging corporate learning trends.
Creating and Sustaining the Learning Culture
This is one of the most crucial trends in the corporate learning industry today. The learning culture is the root from which all other strategies and programs grow. Without it, learning becomes loose and lacks the ability to adjust to different conditions, be it from the industry, the business, or the employees. Defining a company's learning culture will allow employees to regularly seek, share, and apply new knowledge and skills to improve individual and organizational performance. It also aids in personal and professional development.
Creating a Future Skills Economy
In the current business environment, there is a clear need to drive a new skilling strategy for the organization's future. The introduction of new technology has ensured that AI and automation can take over various jobs. This has helped employers and employees understand the need for learning skills that increase their employability and prepare them for the future of work. The learning industry is quickly becoming the face of this new future skills economy. Learning leaders have to prepare teams to be the business' secret weapon for competitive differentiation.
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