How to use your Personalised Benchmark Report to become a Top Learning Company

by | Jul 13, 2013 | Articles

The Personalised Benchmark Report is what sets the Towards Maturity Benchmark apart from any other L&D Survey.

Benchmarking is all about taking action to improve results. The Towards Maturity 3-step benchmark process – Review:Compare:Act – helps you identify the actions you need to take to improve results and integrate learning into the workflow more effectively. Your Personalised Report is the critical output that helps you directly compare your results with your top performing peers to help you define your next steps to establishing a successful e-enabled learning strategy.

Your Personalised Report will provide you with a direct comparisons against:

  • 12 Key Performance indicators – looking at business impact, staff impact and efficiency benefits that are being achieved
  • 5 new technology take up indicators – considering budget allocation and engagement
  • 21 effective practice indicators – to help you understand how you compare directly with the top performers. These include a NEW Alignment and Engagement Index to help you engage stakeholders and become more aligned to business and learners

Here are 6 ways that you can use your Personalised Benchmark Report to refine your L&D strategy, engage stakeholders and improve results:

1.    Setting a base line

Organisations in the top quartile of the TM Benchmark are more aligned to needs, more able to support business change and agility, more able to transform learning and deliver the kind of results that matter to business. Your Personalised Report helps you identify exactly where you are today on your journey to becoming a top learning company. It sets a baseline from which you can measure progress and celebrate successes.

2.    Opening new conversations with business – business and staff KPI’s

If you are at the early stages of e-enabling your learning strategy, you may not have been able to answer all the questions about business impact. HOWEVER, your Personalised Report provides you with the impact achieved by hundreds of your peers in this area and the information provided about the extent to which they are improving productivity, reducing staff turnover, and reducing time to competency provides powerful independent evidence to help you open up new conversations in business.

3.    Delivering more for less

Likewise, the personal comparisons provided for you across all of the Key Performance Indicators helps you to identify the opportunity that an effective e-enabled learning strategy can provide for your business. Use the figures here to help you build your business case for change. The improvements highlighted by the Business and Staff impact indicators can help you quantify how much you can add to your company’s bottom line and the Efficiency indicators provide a reliable benchmark to help you calculate cost saving opportunities.

4.    Understanding strengths and weaknesses

Time and resources are of the essence for busy L&D professionals and we no longer have the luxury of learning from our own mistakes. The good practice indices in your Personalised Report will provide you with immediate feedback via a powerful traffic light system against individual implementation characteristics of the top performing companies. This will help you understand where you are currently strong in your approach and where you can improve. These include an overall Alignment Index and Engagement index plus details across activity areas in the 6 part Towards Maturity Model including designing learning, supporting performance, facilitating collaboration, managing change, communicating success, engaging leaders, individual context and motivation.

 5.    Prioritising actions

Use the feedback on your good practice indices to help you shortcut your journey to success. Don’t reinvent the wheel, instead use the report to identify the priority actions that your team needs to take over the following year to maximise results. Revisit your responses to the study via our Online Benchmark Centre (you will receive a link to this when you get your report) to identify specfic action, create your action plan and then get to work, watching the results improve as the year goes by!

6.    Engaging your L&D team

You Personalised Report provides an excellent opportunity to help you engage your wider L&D team and spur them onto even greater successes. Many organisations are starting to complete the benchmark as a team exercise, but reviewing the report as a team can help you celebrate achievements as well as uncover new ways of working together. As you complete the study year on year it also creates an independent perspective on how far you have come on your journey.

How helpful are others finding this process?

“The Personalised Report we receive each year has helped us refine our approach to modernising learning and provided practical actions that really increased engagement and saved us time.” OD Team Leader

“The Personalised Report provides us with a really useful indicator to help plan for the year ahead – and longer term. Anyone with a remit for learning and development who is expected to deliver more for less will find the 2013 Benchmark study one of the most effective uses of their time this year!”  Learning Modernisation Manager

This unique research enabled organisations to benchmark themselves against their peers. Every organisation taking part receives a Personalised Report rating them against other organisaitons ..against the 6 workstreams of the Towards Maturity Model. Those higher on the index deliver more impact and are more likely to improve implementation and integrate learning activities into the workplace. This is valuable information that you won’t find anywhere else!  From The Bluffers Guide to Learning & Development Surveys

(See more testimonials here)

Next steps

  • Complete your review
  • Receive your free Personalised Report in September. The report is valued at £300, but is free to participants thanks to the generous support of our Towards Maturity Ambassadors
  • Contact us if you need any further help in interpreting your report
  • Note that the personalised feedback is based on the participants who take part in that annual study. New benchmarks from the next study will be available from mid November when we will launch the new study findings.

Compare your L&D strategy with the Towards Maturity Learning Health Check

Compare your L&D strategy

Review your L&D strategy to discover your strengths and opportunities for improvement with the Towards Maturity Learning Health Check.

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