Adaptive Learning And Its Impact On Corporations
In corporations, employee development has become an important factor in a way an organization is run. For most businesses, employees are the ground on which most of them are struck. Corporate training has become very important for most corporations. And more importantly, it has to be more effective. Ineffective training cost money and it’s estimated that 13.5 Million dollars was lost on this very issue. More employees are looking to be trained, especially when entering the job market. A long-term research project commissioned by Middlesex University for Work Based Learning found that from a 4,300 workers sample, 74% felt that they weren’t achieving their full potential at work due to lack of development opportunities. More organizations are looking to find new ways for assessment and learning systems in order to train their employees and get the most out of that process.
More and more corporations are discovering new methods that will not only train the employees but will also reduce costs for the organization. For instance, a lot more corporations are investing in mobile training or mobile learning. This offers a great way to cut costs across the board. When it comes to mobile training, companies are allowing employees to learn at their own pace. Employees don’t like to be rushed into learning or training. With this platform, they can train during their free time at work. On the same note, the business will actually cut overhead costs by reducing the amount that the HR department would usually spend on training. In cases of multiple locations, the HR representative wouldn’t need to travel to the location to conduct training. They could actually track the candidate from the comfort of their own office. Alternatively, being an online platform, there wouldn’t be a need to print out cumbersome training materials. All the training would be conducted online in forms of bite-sized modules. In some cases, these interactive modules would be supplemented by video to conduct training sessions. According to a study of kasperspiro.com, “62% of HR managers believe that they are not doing a good job meeting the learner’s needs.” With better engagement and interactivity, there is a greater chance of learner’s needs being meet thus fulfilling the purposes of training and increasing knowledge and employee retention.
Other corporations are actually using adaptive learning systems to fulfill their training purposes. For most programs, it uses a system of automatic item generators to create test questions that are variable and provide a better pathway for not only training but hiring new candidates as well. Personalized learning offers the best way to develop talent so that they grow into new roles. Here are the benefits that this form of learning could offer corporations.
- Identify the best candidates with assessment targeted for skills and knowledge your organization requires
- Target the right personalities for your team with personality assessments
- Greater process efficiency with actionable data
- Predict the candidate’s motivation and their effectiveness in the long run
- Get actionable data on the effectiveness of training programs, thereby allowing departments to make better decisions
- Identifying a candidates’ knowledge and skills
- Insights to advancement pipeline and attrition risk
- Discover leadership potential
Competency-Based Education models also provide something different to the corporate domain. Students can learn what they need and the skills that corporations require.
- Measure employee learning
- Harness learning technology
- Align competencies with assessments
In the years to come, corporations will be looking further into the channel of communication of corporate vs. education. Education is the key to employment development as well as inspiring enhanced hiring decisions.