Learning and development (L&D) is a systematic process to enhance employees’ skills, knowledge, and competency, resulting in better work performance. L&D is a core HR function and a significant part of an organization’s overall people development strategy. It plays a key role in attracting and retaining talent, enriching company culture, and engaging employees. What is…
As companies experience a rapidly growing need to re-and upskill their people, the skills gap analysis is an increasingly relevant tool. A recent Wiley survey noted a significant uptick in the percentage of HR professionals and hiring managers who say they’re facing a skills gap. It rose from 55% to 69% in the past year. …
In brief Weathering the storm Back in 2008, when the economic crisis hit, 63% of organizations reduced their L&D expenses. Even though this provided short-term relief, 15 years of hindsight, have shown this to be a mistake. Companies that continued to invest during the economic crisis were able to bounce back faster and capitalize on…
High-potential employees have the aptitude to become the future leaders of your organization. However, many businesses struggle to identify, develop, and retain such employees. Here’s all you need to know about high-potential employees. ContentsWhat are high-potential employees?Characteristics of high-potential employeesHigh potentials vs. high performersWhy should you identify your high-potential employees?How to hire, identify, develop, and…
The learning and development manager plays a key role in coordinating all corporate learning and development activities. In this article, we take a closer look at this role. We dive into the core responsibilities of the learning and development (L&D) manager, how to become one, their salary, and finish up with an example job description.…
