Degreed LENS Event: Reinventing the Learning Experience - March 23rd, 2016, New York City
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Transcript of Degreed LENS Event: Reinventing the Learning Experience - March 23rd, 2016, New York City
Corporate Learning in 2016
Seven trends shaping the futureJosh BersinPrincipal, Bersin by DeloitteMarch, 2016
Corporate Learning in 2016
Seven trends shaping learning for 2016
The New World of Work: Learning at the Center
1. Economics: The Learning Curve is the Earning Curve
2. Brand: Learning as Employment Brand
3. Growth of Corporate L&D: Faster than Ever
4. Shift in the Learning Mix: Content and Curation as King
5. Managing Content: Today’s New Challenge
6. 21st Century Career Management: A New Opportunity
7. Modernizing L&D: Transformation of the Function
Percent rating trend important
Importance of Human Capital trends to business
Series1
Organizational design
Leadership
Culture
Engagement
92%
89%
86%
85%
Learning
Design thinking
Skills of HR organization
People analytics
Digital HR
Workforce management
77%
74%
71%
84%
79%
78%
% very important
2016
56%
57%
54%
48%
44%
39%
36%
36%
32%
28%
% very important
2015
…
50%
50%
39%
…
39%
29%
…
…
Shared values and culture
Transparent goals and projects
Free flow of information and feedback
People rewarded for their skills and abilities, not
position
Organizational design
A network of teams
B
A
DCF
A
C D E
B
G
How things were How things “are” How things work
E
The overwhelmed employee
The “average” US worker now spends 25% of their day
reading or answering emails
More than 80% of all companies rate their business “highly complex” or “complex” for
employees.
The average mobile phone user checks their device 150 times a day.
The “average” US worker works 47 hours and 49% work 50 hours or
more per week, with 20% at 60+ hours per week
40% of the US population believes it is impossible to succeed at work
and have a balanced family life.
Sources: Deloitte Human Capital Trends 2014 and 2015
Fewer than 16% of companies have a program to “simplify work” or help
employees deal with stress.
Productivity is suffering — is technology helping?
US productivity last ten years
1 billionsmartphones
i-Phonelaunched
100 millionTwitter users
Since 2011 productivity gains have slowed to crawl
Trend 1: EconomicsThe learning curve is the earning curve
Why skills matter so much
Shift to a service and IP-based economy
“Over 300 years of economic history, the principal and most enduring mechanism for distribution of wealth and reduction in inequality is the diffusion of skills and
knowledge.”
Why learning is so important to employees
The learning curve is the earning curve
Trend 2: Learning as BrandLearning has become your employment brand
Culture, value, leadership, and career (The Big Four)
What matters to employees
Year founded (age)
Compensation & benefits
Work life balance
Career opportunities
Senior leadership
Culture and values
0.00 0.05 0.10 0.15 0.20 0.25 0.30 0.35
0.00
0.12
0.13
0.22
0.28
0.30
Correlation of employment factors to Glassdoor recommendations as place to work
Culture and leadership are 3X more important than salary in your employment brand.
Career development and learning are almost 2X more important than comp, benefits,
and work environment.
Training is key to Millennial engagement
Millennials rate development the #1 job benefit
Greater vacation allowance
Retirement funding
Free private healthcare
Cash bonuses
Flexible working hours
Training and development
0% 5% 10% 15% 20% 25%
6%
6%
8%
14%
19%
22%
Millennials in the workforceFor Millennials, “Training and development” is the most coveted job
benefit
Source: KPCBPercent indicating job benefit in first place
The Simply Irresistible Organization®
MeaningfulWork
Hands-On Management
FantasticEnvironment
Growth Opportunity Trust in Leadership
Autonomy Clear transparent goals Flexible, humane work environment
Facilitated talent mobility Mission and purpose
Selection to Fit Coaching & feedback Recognition rich culture Career growth in many paths Investment in people, trust
Small Teams Leadership Development Open flexible workspace Self and formal development
Transparency and communication
Time for Slack Modern Performance Management
Inclusive, diverse culture High impact learning culture Inspiration
A Focus on Simplicity
Trend 3: Growth of L&DFaster than ever
• L&D spending has grown in double digits for four years in a row
• Leadership development spending grew by 14% YTY in 2014, highest growth in decade, to over $15 billion
• Learning technology (LMS) spending grew by 21% in 2014, representing a major “technology replacement” cycle beginning
• More than $6.4 billion of financing invested in education and training companies in 2015 (up from 3.2 Billion in 2011)
The corporate learning market
A hot growth marketplace
Expert and user authored video is taking over
Explosive growth in video content
• Video is now >55% of all internet traffic and mobile is now over 60%(KP Internet Trends 12/2015)
• 35 Million people have enrolled in MOOCs in the last four years, with 2015 enrollments doubling 2014 (Class Central)
• Over 50% of learners use mobile for more than 1/3 of their learning (Degreed)
• India is estimated to be a $3-4 billion market for corporate learning and MOOCs
Consumerization of education has arrived
MOOCs are explosive
• 400+ universities. 2,400+ courses.• 16-18 million students.
• Harvard has an in-house course production studio with over 50 staff, including specialists in instructional design, production, research, technical operations, and program support
Using MOOCs Advanced media (video, gaming, mobile)
12%
6%
26%
13%
2015 2016
110% Growth 130% Growth
Companies rapidly maturing their approaches(% of companies rating their practices “excellent”)
Source: Deloitte Global Human Capital Trends 2016, n=7,000
Digital content everywhere
Companies are adopting MOOCs and video
Trend 4: Shift in the mixContent and curation as king
2009
2012
2015
77%
53%
32%
4%
6%
13%
10%
15%
26%
4%
14%
15%
5%
10%
13%
ILTVirtual ILTOnline self-studyOn the JobCollaboration
ILT shrinking in volume, growing in importance
Online and collaborative learning Is finally working
OTJ and apprenticeship is growing rapidly
Today only 16% of L&D spending is allocated to instructor delivery, vs. 21% in 2011 and 33% in 2006”Bersin Corporate Learning Factbook® 2015
Shifting resources away from ILT, toward online and on the job
Huge shift in content strategy
The training industry tries to respond
• Average employee spends 6.5 hours a week learning or trying to learn
• 2/3 of L&D leaders believe learners should use learning every week or more.
• CLOs say L&D is “wildly out of sync” with how people learn….
• Employees rate L&D -31% net promoter score
L&D is Not Keeping Up
• (49% would not recommend and only 18% would recommend their training dept.)
Collaboration with educational insti-tutions
Apprenticeship programs
12%15%
26%24%
2015 2016
60% growth120% growth
Rapid rise in programs to build new career skills (Nursing, Technology, IT)
Need for new career management
Apprenticeship programs
Deloitte Human Capital Trends
Trend 5: Managing ContentDeClutter L&D
80% of utilization use 1% of the learning programs
The “Long Tail” of content usage in training
People cannot absorb all we give them
Typical learning portfolio: Lots of waste
Dell-EMC
A modern learning architecture
Design thinking comes to HR
Learning and engagement merge
Telstra, Nike, Bank of America, Deckers Brands
Trend 6: 21st Century career managementA new opportunity
Career development means upward progression
Career development means growth through new experiences
New positions are offered to me
I seek out and findnew opportunities
Development $ focuses on senior leaders
Development $ is applied to all roles and functions
My manager decides when I am ready for a new position
I decide when I’m ready to change roles
My manager helps me plan my career
My manager, mentor, and others help me find job opportunities
Taking a new assignment can be risky
Moving to a new position is respected and considered key to growth
Career management today
Building the new careerTraditional Today
Back office, operational, contingent employees
TopManagement
Senior management
First line management
Professional
career p
ath
High perfo
rmers
Management career path
High potentials
SMES(Consultants)
Senior specialists
Functional specialists/front-line employees
Middle management
Career management
The traditional view
Back office, operational, contingent employees
TopManagement
Senior management
First line management
SMES(Consultants)
Senior specialists
Functional specialists/front-line employees
Middle management
Career management
The reality
Contracthire
Jobintern
Developmentalassignment
Lateralpromotion
Stretchassignment
ExternalassignmentUpward
promotionLateral
assignmentNew
assignment
Part timeloan
New candidate
New leader
Execsuccession
Desired competencies (knowledge,
behavior, skills)
Open positions & opportunities
Individualneeds/desires
Vision
Strategic initiatives
Desired business
outcomes
Values
Mission
Organization needs
Mobility
Strengths
Development needs
Career aspirations
Annual goals
Successionmanagement
Careerdevelopment
IndividualDevelopment
Plan (IDP)
Strategic competencies Workforce
planning Performancemanagement
Developmentplanning
A method for bringing the talent system together
The talent mobility formula
Innovative approach to development
New expectations for employees
Trend 7: Modernizing L&DTransformation of the function
The “full stack” L&D professionalLMS
Design Thinking
X-API
Employee Engagement
Analytics
Learning experience design
Video
Social systemsMOOCs
Performance SupportContent tools
Product Management
Professional Development
CoachingContent Management GamificationMetadata Taxonomies
UI Design
Instructional design
Mobile app designCareer management
Adaptive LearningSpaced learning Culture
Neuroscience
Digital HR hits L&D
The new skills and roles for L&D
The Chief Learning Officeris now…
The Chief Capability OfficerThe Chief Culture OfficerThe Chief Change OfficerThe Chief Engagement OfficerThe Chief Career Officer
You:
The bold CLO
Be bold
@MasterCard
250+ MICRO TOPICS
THOUSANDS OFTECHNOLOGISTS60+ COUNTRIES
INTRO TO EXPERT
in
covering
from
COMPLEMENTING LEARNINGWITH DIGITAL SOLUTIONS
building a world-classlearning infrastructure
diversifying learningmodalities
growing skills● ● ●
● ● ●
CHANGE THE LEARNING VOCABULARY
recommendconsumediscover
● ● ●
Xerox Services – The New Learning Ecosystem
Xerox Services Learning Eco-
SystemLearning has shifted to also
include mindset of the
employee as a highly effective creative
contributor to the success of the organization.
Moving to a Connected Learning Culture
Blurring the lines between learning and work – learning is continuous… learning is work and work is learning!
The mindset…driving the employee experience
Learning is shifting from one-to-many ….. to many-to-manyLearning is shifting from mandated, generic….to anytime, personalized
Learning is critical to business performance…it makes up the sustainable and innovative nature of your business.
Learning IS the competitive edge for the organization.
With learning, we expand, grow, thrive, and win.Without learning, we stagnate, shrink, and lose.
Moving Toward the 2020 Learning Culture
75%of the workforce
In less than 4 years the Millennial’s and Gen Z’s will make up...
Pathway Learning• Competency driven – offers a guided
path around specific competency• It’s about learning; NOT completions• True micro-learning of 4 – 7 minutes
bursts of information• Keeps the flow of work and learning
continuous• Easy to track • Celebrates daily, weekly, monthly,
annual, and lifetime success• Follows you anywhere with a portable
transcript of your learning experiences.
XSU Ecosystem is Driving a Connected Learning Culture
XSU Learner Community
Structured Learning
XSU PathwaysOn-demand Learning
A sequence of learning activities that drives employees to reach proficiency in their job in the shortest possible time. Through a true micro-learning design of short 4 – 7 minute bursts of information and always assessable, XSU Pathways keep the flow of work and learning at the same time.
XSU The CommonsSocial, Advisor Learning
A peer-driven collaborative learning environment where people can connect and collaborate on best practices
Gold winner of the Brandon Hall Award for “Most Unique and Innovative Learning Development Program”.
A more structured learning environment that offers an LMS., LCMS for course development, gamification, and evaluations/assessments. Reporting, trending, and completions all available through dashboards.
© 2015 Xerox Corporation. All rights reserved. Xerox®, Xerox and Design® and “Work Can Work Better” are trademarks of Xerox Corporation in the United States and/or other countries.
Embedding learning into everyday life.
Reinventing the Learning Experience, March 23nd 2016Giuseppe Auricchio, Executive Director – Learning Innovation, IESE
Continuous & Cross-context
Learner-led & Social
Data-Driven (Output & Input)
OMNI-LEARNING
Home
Workspace
Work trip
Customer premise
A program
MOOC on “Customer Management”
Feedback from your boss on proposal for client
IESE Insight article on customer centricity
Meeting with client
IESE “Advanced Management Program”
Assess Personal Needs Explicate Learning Moments
Enable Learning Assess & Revise
1. Assess Personal
Needs
2. Explicate Learning Moments
3. Enable the Learning Cycle
4. Assess & Revise
CHRISTMAS GIFT
TO: CLOs
FROM: Digitalization
Buildnew
learning journeys Become
Engine for
Digital Mindset
Thank You
@Davidblake @Degreed