Its here!!! Time to look at your L & D strategy.

Happy employees leads to growing business

Author

Aditi Goyal
April 28, 2023

Do you have a dedicated L & D department in your company?

Developing a robust learning and development (L&D) strategy can help your company adapt to a rapidly changing competitive business environment.

Today you will learn why you need a well-designed L & D strategy and how you can build one for your own company.

A well-designed L&D strategy can help a company achieve its business goals by ensuring that its workforce is equipped with the knowledge and skills needed to succeed.

In addition, investing in a L & D platform will help employees grow by providing a centralised, user-friendly platform for employees to access training and development opportunities. Organisations that invest in leadership development during critical transformational times are 2.4 times more likely to hit their performance targets, so investing in people pays off.

Here are some key steps to building a strong L&D strategy:

  1. Identify your company's goals and objectives: The first step in developing an effective L&D strategy is to understand your company's goals and objectives. This will help you identify the knowledge and skills that employees need to acquire to help the company achieve its goals.

  2. Assess current skills and knowledge: Conduct a skills and knowledge assessment to determine where employees are currently at, what they need to learn, and how they can improve. This assessment will help you identify knowledge gaps and tailor your training programs to meet the specific needs of your workforce.

  3. If you are finding it difficult to identify your company's SKILL GAP, you help company’s by conducting a thorough Needs Assessment. To book a discovery call, just give us a call or reach out via whatsapp on +977-9802848899 or drop a mail at [email protected].

  4. Define learning objectives: Based on the assessment, define clear and specific learning objectives for each training program, which means whatever learning intervention you are wanting to adopt like training, coaching, mentoring or e-learning course, what results do you want. And using a LMS to deploy learning intervention will help you measure the real-time success rate.

    This will also help employees understand what they need to learn and how it will help them achieve their goals, what exactly are they lagging currently to excel in their job.

  5. Develop training programs: Develop training programs that align with the learning objectives and the company's goals. Consider different training methods, such as e-learning, on-the-job training, and instructor-led training, to ensure that employees are engaged and learning effectively.

  6. Measure and evaluate: Once the training programs have been implemented, measure and evaluate their effectiveness. Use metrics such as employee performance, knowledge retention, and feedback from participants to determine whether the training is meeting the company's objectives.

  7. Continuous improvement: Finally, use the results of your evaluation to continuously improve your L&D strategy. This may involve updating training materials, incorporating new technologies, or revising your approach based on feedback from participants.

In conclusion, building a robust L&D strategy is essential for companies that want to remain competitive in today's business environment. By following the steps outlined above, companies can develop training programs that align with their goals and objectives, engage their workforce, and improve their overall performance.

Reflection question for you

Have your company invested in a L & D team?

Write to me at [email protected]. You can also reach out to me on LinkedIn; or Twitter. If you wish to explore more about E-learning for organisations in Nepal, visit Learn Infinity.

I post a few short tips each day here:


 

Whenever you're ready, there are 5 ways I can help you:

  1. If you are looking to introduce Custom E-learning Courses to your Organization, you can check out https://learninfinity.co/e-learning-development-service-nepal/

  2. If you are looking to have amazing High Impact Power Packed Physical/Virtual Trainings in Your organisation, check our our courses: https://learninfinity.co/holistic-corporate-trainings-physical-nepal-asia/

  3. If you want to buy the Need-Analysis Playbook at 80% Off, Purchase from here: https://6313630535789.gumroad.com/l/learning-needs-analysis-workboo

  4. If you are still setting up your L&D Team or scaling it up with some major changes, I'd recommend you to take a Coaching Call with Aditi. I will give you a no-nonsense actionable set of advice which you can start working on immediately. Write me an email at [email protected].

Do not forget to reflect on the question!!!

Till then, have a good week.

See You Next Saturday

Sending good vibes,

Aditi Goyal