New research shows that organisations who embrace learning are seeing a 24% increase in productivity and performance
For over 15 years, Towards Maturity has been investigating how learning innovation can deliver business impact. Our recent research, The Transformation Curve, reveals that high-performing learning organisations, on average, are seeing a 24% increase in productivity and performance as a result of learning done well.
This new report, In Focus Driving Performance & Productivity: Why Learning Organisations propel and sustain more impact, supported by the CIPD, investigates how L&D in high performing organisations connect with business leaders, engage learners, and in turn promote a culture of inclusion. It highlights how a blended approach using technology, skills, and strategy, implemented collaboratively, leads to higher performance and productivity.
These Top Deck Organisations (the top 10% of organisations in the Towards Maturity Index) are showing transformation by being twice as likely to report achieving benefits to help them respond faster to change (39% vs 18%) and build the capability of the organisation to solve problems (47% vs 19%).
High-performing learning organisations are achieving greater growth, productivity, profitability and are better enabling business transformation.
The performance gap between these organisations and the rest is widening. Most are not leveraging the full potential of their learning strategies or activities. High-performing learning organisations are approaching learning by using both evidence and experience to bring, build and support people to be at their best.
Jane Daly, Head of Strategic Insights, Towards Maturity adds, “High Performing Learning Organisations continue to add more business impact through strategic, evidence-led, targeted, & empowering L&D. This report is full of simple tactics that any organisation can implement today, such as increasing the use of performance & productivity linked learning blends, with only 14% of 10,000 learners saying they have experienced this critical methodology, it’s no wonder L&D are not demonstrating more results.”
Andy Lancaster, Head of L&D Content at the CIPD, the professional body for HR and people development, comments.
“This report provides an evidence base for the characteristics and practical steps needed to facilitate learning that will drive performance and transformation organisations. Learning cannot continue to be associated with the occasional face-to-face course, but by development that is embedded at the heart of the organisation on a daily basis. It also also highlights the need for L&D teams to revolutionise their approach and focus on their own development needs to have the right capabilities in place and be confident to use them.”
Download this In Focus report, Driving Performance & Productivity from our website now.
Laura Overton, founder of Towards Maturity, and Andy Lancaster will be presenting at the 2018 CIPD Learning and Development Show. Laura will be speaking on ‘Strategic L&D for business performance’ and Andy will be presenting a session on ‘Technology and the future of learning’ with a focus on the emerging importance of the smartphone in workplace learning. More information can be found here.
About the CIPD
The CIPD is the professional body for HR and people development. The not for profit organisation champions better work and working lives and has been setting the benchmark for excellence in people and organisation development for more than 100 years. It has a community of more than 145,000 members across the world, provides thought leadership through independent research on the world of work, and offers professional training and accreditation for those working in HR and learning and development. www.cipd.co.uk/development-practice
About Towards Maturity
Towards Maturity is an independent research company that provides expert advice and support to help organisations accelerate business performance through learning. It leverages the data of its longitudinal Benchmark Study, the largest learning strategy benchmark in the world. Since 2003, over 6,100 organisations and 41,000 learners have contributed to the Towards Maturity Benchmark.
Learn more about the Towards Maturity Benchmark and model at: www.towardsmaturity.org/benchmark
Thanks to the support of Towards Maturity’s Ambassadors, annual benchmarking findings, case studies and resources are available to download for free at www.towardsmaturity.org.
The Towards Maturity Ambassador Programme is made up of leading learning organisations. They work together as Ambassadors for change, identifying and improving good practice, raising awareness and driving the whole learning industry forward.
Towards Maturity Ambassadors include strategic partner the CIPD, publishing partner Emerald Group Publishing, the founding Ambassadors: Learning Technologies, LEO, Charity Learning Consortium, Acteon, Kallidus and Speexx, plus: Bray Leino Learning, Clear Lessons, Cognician, City and Guilds Kineo, CrossKnowledge, Degreed, Docebo, Dossier, DPG plc, getAbstract, GoodPractice, KPMG, Lumesse, PurpleMedia, Raytheon Professional Services, Redware, killsoft and Workstar. Learn more about Towards Maturity’s Ambassadors at: www.towardsmaturity.org/ambassadors
Towards Maturity is a part of the Emerald Group.
Laura Overton, CEO of learning research company Towards Maturity, has been named as the most influential person in the global elearning sector.
PR: New research signposts the route to business transformation in 2018
The actual number of organisations reporting achievement of some benefits in this year’s annual benchmark is still very low. So what is lacking, what are the current risks and how can we take strong steps forward?