New research signposts the route to business transformation in 2018
Equipping L&D with the tools and strategies to deliver performance, productivity, profit and transformation, Towards Maturity’s new research with over 700 L&D leaders worldwide will transform the way that L&D adds value to business and how business values learning.
Towards Maturity’s 2018 benchmark research, launching at the Learning Technologies Exhibition and Conference on Wednesday 31 January, reveals that the journey to learning maturity consists of stages – each with their own complexities and challenges.
With mounting pressure to meet the changing needs of business today, this year’s Benchmark data with over 700 L&D professionals shows that L&D must shift the way they operate in order to add new and lasting value. To become a flexible and adaptable organisation that puts learning at the heart of its business – a New Learning Organisation – L&D must first navigate its way through a series of transformations.
Despite being a well-resourced and technology-enabled profession, L&D are still encountering the same management resistance to change. A staggering 58% report that line managers are reluctant to encourage new ways of learning – up by 4% this year.
Despite organisations spending on average 22% of their budget on learning technology – as reported in Towards Maturity’s November report ‘ L&D: Where are we now?’, the digital transformation of learning is consistently slow.
To help L&D breakthrough the barriers, Towards Maturity has applied new analysis techniques to the Benchmark data to produce this year’s Annual Benchmark Report ‘The Transformation Curve’. The result is a clear map for L&D professionals to guide their organisations to success which could result in: 24% increase in productivity, 24% increase in customer satisfaction and an 18% reduction in staff turnover.
Commenting on Towards Maturity’s new research, Donald Taylor, Chair of Learning Technologies Conference, said:
“This report becomes essential reading not just for L&D leaders, but for everyone in the business who wants to understand how to become a competitive, agile 21st century organisation.”
The new report examines each stage of learning – the challenges, the opportunities and what to let go off in order to reach the next stage of success – and will be launched next Wednesday at Learning Technologies.
Laura Overton, CEO and Founder of Towards Maturity added:
“ We’re proud to be sharing first-hand the results of this year’s unique analysis with our Global Benchmark Partner, Learning Technologies. There is no better place to launch this year’s groundbreaking research than with a community of people who share our passion for understanding how learning innovation can deliver business impact but are frustrated by lack of progress. We find ourselves saying the same thing each year, we must have change in the industry, I’m confident that this new report will be L&D’s go-to guide to deliver just that.’
The launch will be held at 5pm, upstairs at Learning Technologies. Register your place here.
‘The Transformation Curve’ will publish on Wednesday 31 January and will be available to download here: www.towardsmaturity.org/transformation
About Towards Maturity
We help L&D professionals deliver successful learning strategies. Since 2003 we have generated data and insights from more than 7,500 learning professionals and 50,000 learners across 55 countries. We know what works and we know how learning innovation can directly improve key measures:
Growth > Transformation > Productivity > Profitability
We provide L&D with the support they need to bring together all key stakeholders in the learning journey, ensuring that the learning function works effectively to embed a high-performing learning culture across the business.
By applying the breadth and depth of our industry analytics and our robust, evidence-based approach, we can help connect learning decisions and outcomes to real business impact.
On 15 & 16 October at the NEC, Birmingham, the World of Learning Conference will enable Learning & Development (L&D) professionals to learn from industry leaders and to network with peers.
Emerald acquires Mind Tools and strengthens its position as a leading global learning business. Emerald Group, the global provider of research and learning resources, today announces the successful acquisition of Mind Tools, the digital learning and performance support company.
Towards Maturity announces departure of CEO and founder. Towards Maturity announces that CEO Laura Overton has taken the decision to step back as the business moves to its next phase of growth.
Our Supporters also influence Towards Maturity's Health Check and research, providing insights on future trends and practices that should be investigated.