Only 8% of CEOs see Learning and Development’s business impact concludes a study conducted by LinkedIn. Chief Learning Officers (CLOs) face increased pressure to deliver learning that engages employees and positively impacts the bottom line. Companies are looking for proof that their investment is paying off in terms of increased workforce performance.
The report revealed 90% of business leaders believe learning and design programs are key to closing skill gaps. Yet, only 8% of CEOs in the report said they saw the business impact of L&D programs. Even fewer (4%) saw a clear ROI.
The disconnect may be access. Only around 60% of learning and design pros have any real say in their companies (invited to the C-suite on a regular basis, in other words) cites the report. The teams are simply reacting to the demands of upper management.
Discover more finding at: https://learning.linkedin.com/content/dam/me/learning/en-us/pdfs/lil-workplace-learning-report.pdf