The digital economy is having a powerful effect on businesses – no matter the industry, size, and region. Digitized, data-driven value chains are empowering leaders with a treasure trove of real-time insight into where the market is heading and what customers want before anyone else realizes it. Mobile and cloud technologies are expanding the reach of information needed to make on-the-spot decisions and collaborate.
As increased globalization, technology innovation, and shifting demographics fuel global competition, accelerate market change, and drive a knowledge-based world economy, everything we know about the world of work is evolving. Five generations are now working side by side, the middle class is growing, and the pool of contingent workers is rising. Together, all of these trends are influencing how companies, their managers, and employees get work done and move the company forward.
Is your workforce ready to take on the opportunities and challenges that lie ahead?
The future of work is all about freedom, opportunity, and choice for employers and employees alike, but the workforce must also remain engaged, empowered, and skilled to support business growth and success. And as every employee becomes increasingly driven by information and digital technology, companies must rethink how they train and develop talent of all backgrounds, potential, and responsibilities.
According to recent research from PricewaterhouseCoopers, 73% of CEOs believe that the lack of employees with essential technical skills is an obstacle to business growth. Make no mistake, the threat is real: McKinsey Global Institute warns that businesses will soon face a significant shortage of people with deep analytical skills, as well as managers and analysts who can translate those insights into sound decisions.
Why social learning should be an instrumental part of your digital strategy
Although social technologies have risen to mass popularity worldwide for over a decade, executives are just beginning to understand how they can create value with these tools. They are watching how employees are educating themselves and encouraging a culture that values knowledge sharing and continuous, on-demand learning.
For some organizations, this may mean a portfolio of opportunities that address a variety of learning styles, time constraints, and different work habits. Whether delivered in the form of gamification, crowdsourced content on smartphones and tablets, videos and learning rooms on social platforms, or personalized coaching and mentoring of remote workers, educating the entire workforce drives business value. The key is making sure that this knowledge is readily available anywhere, anytime each and every worker needs it.
Find out how simplifying the future of learning is possible for your enterprise. Watch our webcast replay “Simplifying the Future of Learning: How to Prepare Your Organization for Success in the Digital Economy” here.