Read the latest report from the Insights Team at Emerald Works, Same team, Different Sides? Business leaders thoughts and perceptions of L&D.
This report takes a closer look at what our senior business leaders think about L&D and the impact they are having in organizations.
It answers the questions: What do business leaders think about L&D? How do they view its impact?
In answering these questions, practical advice is set out for L&D professionals to better align their activities with business strategy and demonstrate the value of learning to leadership.
In this report the Emerald Works Insights Team focus on 4 key areas:
- Business leaders’ appreciation of the value of learning – only 24% of executives can articulate the value of learning for their business.
- Their biggest L&D concerns – 34% of leaders are extremely concerned about the short-term focus of their L&D function.
- Leaders’ perceptions of L&D impact – the average business leader believes L&D make a significant contribution to only one of their Top 5 priorities.
- What learning leaders can do to better demonstrate value – the use of data analysis, performance benchmarking and collaborative metric development are the top three factors in business leaders’ appreciation of learning.
One key finding from the report is the power of numbers:
“The use of data analysis, performance benchmarking, and the establishment of performance metrics are the top three factors in leaders' understanding of the value of L&D. Leveraging data analysis and performance benchmarking makes company leaders 12 times more likely to understand how investment in learning adds value to their business.”
The research is based on the perspectives of hundreds of business leaders, and thousands of L&D professionals, from around all major regions of the world. Combining these sources of data provides a unique perspective on L&D that you won’t find anywhere else.
The report, encourages L&D professionals to better align their strategies and tactics with Business strategy - enabling them to demonstrate better value of L&D.
Same team, Different sides? is available on the Emerald Works website in an interactive version, allowing users to explore the data and delve into the areas which are more relevant to them.