The world of work and business is always in flux. The rate is fast-paced and it takes a forward-looking and long-sighted mentality to stay afloat and abreast of the changes that occur daily. For employers to reduce their overall cost of running their organization they must encourage a learning culture in their organization. This is especially important if your staff has an online writing job.
Here some of the most important reasons why firms need a corporate learning culture.
To Build a Sustainable Engagement.
According to a 2012 Towers Watson Global Workforce Study, it was found that almost 6 in 10 companies reported difficulty retaining critical skill employees, and around the same number have difficulty retaining high potential employees and top performers. The reason for this difficulty is not far-fetched: staff often lose the steam and zeal they started with initially.
Workers soon become disenchanted with the job. Monotony sets in and they are looking out the window, wondering if they could be doing better somewhere else. A learning culture in the workplace can change all that. A focus on training, performance management, communication, and visible leadership can liven things up for employees in the workplace. Workers who are always receiving updated training on their specific duties will hardly disengage.
Increased Efficiency, Productivity and Profit
According to Gallup’s 2017 Employee Engagement report, those companies in the highest quartile experience 17 percent higher productivity, 20 percent higher sales, and 21 percent higher profitability among many other positive metrics resulting from higher engagement levels. It shows that when employees are productively engaged and are learning, the results are positive for the business.
An Innovative Mindset Among Employees
The Workplace Learning Report of 2017 shows that companies that emphasize continuous education and development can develop the talents of their employees regularly. Employees realize the fun and happiness that comes from being able to do things differently from time to time, not having to wait for specific instructions on details all the time. They enjoy flexibility as well. Innovation benefits both employees and employers. Employers understand their employees better, they know their strengths and can better provide assistance to improve their services where necessary.
Enhanced Sense of Ownership and Accountability
Not only do employees want to learn, the average employee in the workplace is also looking to advance his career- to grow professionally. When employees are helped to develop a proprietary mindset at work, they tend to become more accountable. They believe that the advancement of the company also means their advancement. They begin to put in their very best into their job because they feel a sense of belonging. This mindset is as a result of pushing a learning a culture.
There is Ease in Employee Succession and Transition
Jobs change hands, employees move up the ladder or a different employee takes over his duty. All of this is inevitable in the workplace. When a system of corporate learning is already in place the impact on operations is minimal. Jobs change hands but the culture is strong enough to absorb the new employee. And this cycle continues, keeping the workforce active.
Encourages Problem Resolution
A corporate learning culture encourages knowledge inquiry and sharing of information. Encouraging employees to seek answers creates a problem-solving mentality rather than relying on others for solutions. Even better, a problem-solving mindset helps employees make good job-related decisions. A healthy and acceptable level of independence is thus encouraged, an employee is not waiting to be spoon-fed every little information he needs to get his job done. In this age of the internet and free information, an employee that works in an environment where learning is prioritized will continue to add value to himself.
An Enhanced Adaptation to Change.
Change is the only constant thing in the universe. Everything else is constantly going through modifications. The way we work and live is always changing. Most workplaces are now evolving and advancements in technology are pushing the need for new skill sets. New technology is taking over assembly lines and computers are doing most of the simple things we formerly did manually. All this advancement makes a corporate learning culture imperative for every workplace.
The Global Talent 2021 study conducted by Oxford Economics identifies several competencies that will be in high demand within the next decade.
These skills include:
- Digital skills for working remotely and utilizing social media.
- Agile thinking for dealing with complexity and ambiguity.
- Interpersonal skills for effective physical and virtual collaboration.
- The global operating ability for managing diverse groups of people, understanding international markets, and acting with cultural sensitivity.
For corporate learning culture to be effective, the knowledge that is encouraged must be related to the business. Learning should be done together as a group, rather than as individuals. As we have seen, shared learning will enable companies to increase their staff quicker and solve corporate difficulties more efficiently.
Author bio: Natalie Crawford. The author is a seasoned online writer who has made a name and a fortune online. She now focuses on teaching people how to be good writers and also earn online. When she is not writing, she reads about the best writers of all time.