By 2025, global e-learning will top $325 billion, a CAGR of 7.2%, according to Research and Markets.

Top learning trends are:

>> Learning through gaming

>> Implementation of I.T. security and Cloud-based solutions

>> Online content & digitization

>> Innovations in wearable technologies

>> Learning management systems switching to Cloud-based systems.

By sector, Higher Education and K-12 account for 65% of the global market share, according to TechNavio.“This market will grow rapidly [through 2020] … and will bring about a transformation in conventional learning methods. Factors such as continuous innovation in e-learning tools, delivery methods, advances in technology, and availability of various virtual communication tools will result in the strong growth of the market during the forecast period.”

By region, North America education market share will reach 55% in 2020. Well-established I.T. infrastructure in North America will bolster growth as organizations implement technologically advanced teaching methodologies in educational institutions.

The content segment will account for more than 68% of the total education market share by 2020. The augmented demand for content development from professional and vocational program providers will drive demand. With the significant rise in enrollment for online courses in countries such as the U.S., Germany and the U.K., the demand for content development will increase rapidly.

—Sources:Research and Markets 2017 http://bit.ly/2rkVJKM, Technavio 2017 http://bit.ly/2qBtOVH, http://www.reportlinker.com/p03621935/Global-E-Learning-Market-Analysis-TrendsIndustry-Forecast-to.html, https://www.technavio.com/report/global-education-technology-e-learning-market

Published in Trends

Forty percent of employers globally have experienced difficulties finding employees with the required skills, especially in the manufacturing sector.

The problem gets worse in Asia, particularly Japan and Taiwan. Eighty-six percent of Japanese firms had a problem finding qualified employees. More than 60 percent of companies in Taiwan, Hong Kong, Argentina and Greece also found it difficult to fill their specific job positions. The U.K. and U.S.A. average around 40 percent.

Talent shortages are highest in the following fields:

1. Skill trades (electricians, welders, plumbers, etc.)

2. I.T. staff (programmers, developers, etc.)

3. Sales representatives

4. Engineers

5. Technicians

6. Drivers

7. Accounting and finance staff

8. Management/Executives

9. Production/Machine operations

10.Administrative staff

‘Nations all over the globe will experience profound changes in employment because of scientific and technological advances. The great majority of business around the world are underperforming precisely because their most significant asset—their employees’ knowledge and talent—are unwittingly being suppressed or underdeveloped,” says Edward Gordon, author of Winning the Global Talent Showdown.

—Sources: Manpower Talent Shortages Study http://bit.ly/2jRPYiR,  OECD Report http://bit.ly/1SUgRMz, Institute of Chartered Accountants of Scotland http://bit.ly/1P7Cucs

Published in Latest News

 

9th Annual Enterprise Learning! Conference Announces 6 Keynotes and 2 Awards Events at August 29th-30th Conference in San Diego, CA

 

Elearning! Media Group, the leader in learning and workplace technology media, announced the Enterprise Learning! Conference 2017 (ELC17) keynotes and event agenda. Registration is also now open. The event takes place August 29-30, 2017 in San Diego, CA. The theme is “Building the High-Performance Organization in the Age of Disruption.” 

The Enterprise Learning! Conference 2017 hosts global thought leaders and executives from corporate enterprise, government agencies, higher education and non-profit organizations. This conference reveals how leaders are building high-performance organizations in the age of digital disruption. ELC17 serves the robust $243 billion enterprise learning market expanding at 17% CAGR. 

ELC17 convenes over 125 award-winning learning professionals to share the best practices of high performance organizations, lessons learned, and future strategies. Invest 48 hours at ELC17, and discover how to engage teams, build a productive learning culture, measure impact and embrace the future digital enterprise.

“There is no better location to share what’s now and next than California,” said Catherine Upton, ELC17 conference chair. The rate of technological innovation is disruptive to our organizations. At ELC, attendees will meet leaders from Salesforce, NASA’s Jet Propulsion Labs,Zappos, T-Mobile and Cisco; all are embracing innovation to re-invent learning within their organizations.”

ELC17 Keynotes Announced
ELC17 theme of Building the High-Performance Organization in the Age of Digital Disruption. The digital evolution is just beginning; AI, Machine Learning and Immersive learning is progressing rapidly and will change the workplace, our jobs and roles. Discover how to harness the age of disruption by attending these keynotes at ELC17.



Keynote: Thriving in the Age of Disruption 
Speakers: Sundar Nagaranthnam, SVP, Salesforce University, Salesforce 
& Kathy Bries, GM, Learning@Cisco, Cisco

Keynote: Breaking the Rules: Creating the Contemporary Learning Organization
Speaker: Anthony Gagliardo, Head of HR & Training, NASA JPL

Keynote: The Future Work Experience: 10 Rules for Mastering Disruption
Speaker: Kevin J. Mulcahy, Partner, Future Workplace

Keynote: Learning Ecosystems for Tomorrow’s Workplace
Speakers: Dr Jennifer Vogel-Walcutt, Director of Innovation, ADL, Dept. of Defense, & Tina
Marron-Partridge, VP, Global Talent Director, IBM Watson (invited)

Keynote: Building the Culture of WOW at Zappos.com
Speaker: Erica Javellana, Speaker of the House, Zappos.com

Keynote: Helping Employees Thrive in the Age of Disruption
Speaker: Joe Burton, CEO, Whil Concepts, Inc.

Celebrating Excellence
ELC17 provides executives an engaged environment to network, share and learn from leaders across the globe. Coupled with cutting edge research, expert learning technologists and two prestigious industry award programs- Learning! 100 and Learning! Champions- this is the “Must Attend” forum for learning and performance executives. Registration is now open at: http://www.ELCEShow.com Register by July 1st and save $500. 

Who Should Attend
Executives charged with driving enterprise performance via learning and workplace technologies, including HR, Talent, Development, Training, E-learning, Project Management, Education, Sales & Service should attend ELC17. Government, non-profit agencies and educational institution leaders are also in attendance to collaborate on the now and the next in learning. Attending this conference is an amazing opportunity to meet colleagues from across the globe. Registration is now open at:http://www.elceshow.com. Register by July 1st and save up to $500. 

About Elearning! Media Group
Elearning! Media Group is owned by B2B Media Group LLC. Elearning! Media Group consists of eleven media products including: Elearning! Magazine, Government Elearning! E-Magazine, e-mail newsletters, Alerts, Websites, Web seminars, the Enterprise Learning! Summit and Enterprise Learning! Conference. Elearning! Media Group serves the $243 billion learning & workplace technology market. Suppliers and practitioners can follow us: online at www.2elearning.com; on Twitter: @2elearning or #ELCE; via Facebook: Elearning! -Magazine or LinkedIn: Elearning! Magazine Network or Enterprise Learning! Conference. 

Enterprise Learning! Events 
Since 2008, Enterprise Learning! Events bring onsite and online audiences together to learn, network and share. Mark your calendar for Enterprise Learning! Conference on August 29-30, 2017 in San Diego, CA. Enterprise Learning! Conference hosts the Learning! 100 and Learning! Champion Awards. The Enterprise Learning! Conference Online is an on-demand event available to all ELC17 conference attendees, and online only attendees after the live event. For more information about the Enterprise Learning! Conference visit http://www.elceshow.com

 

Published in Latest News

Amazon is using Alexa to compete against all of the other retailers on the planet and Google Home. Tesla’s A.I. downloads updated geo-intelligence to compete against all the other car brands that don’t update via the Cloud. IBM’s Watson is automating decision analysis that competes with clinics and hospitals not enabled by its cognitive computer. “This is just the beginning of the A.I. Wars,” says James Canton, futurist.

Companies that are using A.I. to compete will shape the future of A.I. There are companies using A.I. for diagnosing disease, deciphering law, designing fashion, writing films, drafting music, reading taxes or figuring out if you’re a terrorist, fraudster or threat. A.I. is everywhere.

You are exposed to A.I. in real-time if you are within sight of video camera, cell phone, driving a car, traveling by transit, in the city, online or offline claims Canton.

“Here’s a forecast—every job a human can do will be augmented by (increased intelligence assets) and possibly replaced by A.I. Companies will use A.I. to outcompete other companies. A.I. augmented humans will outcompete the Naturals—humans not augmented by A.I.,” predicts Canton.

—Source: Institute of Global Futures www.globalfuturist.com

Published in Trends

The global Cloud-based virtual learning market to grow at a CAGR of 25.23% during the period 2016-2020, according to Absolute Reports 2017 study.

Cloud-Based Virtual Learning Platform is an online learning platform that helps learners access a web-based portal instead of traditional face-to-face learning methodologies. Brands serving this sector include Blackboard, SkyTap, WizIQ and others. —Source: http://bit.ly/2lsCqPD

Published in Trends

The global e-learning market is poised to grow at a 7.2% CAGR over the next decade to reach approximately $325 billion by 2025 reports Research & Markets study.

Some of the prominent trends that the market is witnessing include learning through gaming, implementation of I.T. security and Cloud-based solutions, rapid growth in online content & digitization, innovations in wearable technologies for e-learning industry, and learning management systems are switching over to cloud-based systems.

—Source: http://www.researchandmarkets.com/research/qgq5vf/global_elearning

Published in Trends

Australia’s first HR-tech start-up accelerator program is being delivered by corporate start-up Slingshot in collaboration with talent solutions provider Hudson, online employment marketplace SEEK and The University of Technology, Sydney (UTS). Start-ups accepted into “Human Capital,” a 12-week program that kicks off in March, will receive up to $50,000 from the Slingshot Investment Fund for 10% of the equity in the business as well as training and resources, a support team of mentors and access to a co-working space.

According to Karen Lawson, CEO of Slingshot and former CEO of CareerOne, the program will help corporate leaders reinvent the human capital elements of their businesses by connecting them with disruptive start-ups, scale-ups and entrepreneurs in the “future-of-work” space.

Published in Deals

 

The 7th Annual Enterprise Learning! Conference is now accepting submissions for the September event. The theme is ‘Building the High Performance Organization’ and focuses on the strategy, best practices and technologies that drive performance. The event seeks thought leaders and presenters with expertise in learning, talent development, business performance and learning and workplace technologies.

ELC17 is also host to the 2017 Learning! 100 and Learning! Champions Awards honoring the top 100 learning organizations and those making extraordinary contributions to the learning industry. Attendees herald from Amazon Web Services, AT&T, NASCAR, Dept. of Defense, and others.

To submit to ELC17, visit: http://www.2elearning.com/rss2/item/56671-enterprise-learning-conference-2017-call-for-papers

 

Published in Latest News

 

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

 

Published in Ideas

By 2025, 46 percent of the workforce will be Millennials.

According to a report from the National Chamber Foundation, Millennials expect close relationships and frequent feedback from management, viewing their managers as coaches or mentors. Their managers — rather than the corporations themselves — can earn the loyalty of Millennial employees by keeping their word. Management can reduce the risk of Millennial employees leaving a company by maintaining a positive relationship with them. Findings indicate that the main reason that this age group leaves a company is directly related to a superior.

At Express, the future is about those Millennials. “We structure our learning and development for them,” says Adam Zaller, Vice President of Organizational Development, Express. “The average age at Express is 27, and at the retail stores it is middle to low 20s.”

Realizing this, Express identified an opportunity to evolve its talent management strategy for its primarily Millennial-aged employees while becoming a fashion authority for both men and women.

According to Zaller, “[Millennials] are always connected, multi-taskers who are very socially aware. They have more friends ... two-and-a-half times more than Boomers. Because of this, they are influenced by their peers; they seek status among the peer group; they tend to ‘crave experiences.’ In our development programs, we focus more on the experiences and activity and less on the classroom or the course.”

To support this culture, Express’s organizational development team created an intuitive, irresistible, social and mobile learning experience for its more than 22,000 mostly-Millennial employees. The program has pushed limits and established an engaged employee population that’s driven customer experience scores and internal engagement scores to their highest levels while decreasing turnover to its lowest rate ever during the three years that it’s been implemented.

“It’s Uber personalization and individualization,” continues Zaller. “It’s not one size fits all. Simplicity is king, and experience and activities are paramount to actual courses. And most importantly, it’s all about smartphones.”

How does this translate into learning and development? Millennials wants more communication. “Everyone has that one thing they are phenomenal at … provide them a talent management framework so they can socialize that,” suggests Zaller.

THE EXPRESS TALENT DEVELOPMENT PLAN

At Express, all training programs are designed to organizational competencies. “Over time, people can use the competencies to measure against and grow their career at Express,” shares Zaller. “It’s by [job] layer and area of focus. You can see at the contributor, manager or director level, what’s appropriate at that role, the manager above you, so you can formulate a career development program just from our competencies.”

PERSONALIZING LEARNING

Express’s talent program starts with an individual’s personal aspirational vision of what he or she wants to do with his or her career. They look at courses and classes, articles and books to gain some knowledge from; then the experiences follow. “It really starts at how we create a meaningful experience for you, so you can grow your career,” says Zaller. “It’s really important to provide Millennials the space to share what they are really great at in these collaborative spaces. They can connect and see what everyone else is doing, or share ideas that they have.”

Communication is key to the Millennials and Express took “a riff ” off of what millennials use to communicate today. Millennials use a range of social mediums and the learning experience needs to reflect this; Instagram, Twitter, Snapchat, Pinterest and Periscope. “

What we love most is that our environment looks like Facebook meets Twitter meets learning site,” adds Zaller. “You can’t tell where there are classes or courses, or where there’s an activity stream where someone is saying this is a great article, or have you considered this idea. It all molds together to create a curated experience for somebody.”

The learning platform, supplied by Saba, enables team members to find their own online development in bite-sized chunks that appeal to them. By switching to a user-driven learning platform, Express supports blended learning at a personalized level: providing each employee with personal, relevant recommendations of classes, content and expert connections that help each succeed at his or her job.

The new learning ecosystem enables individuals to opt-in and access learning in areas of interest, resisting a one-sizefits-all approach. The system provides real-time recommendations, builds personal networks, promotes social collaboration, and provides direction for each of the more than 22,000 associates at Express. Prescriptive analytics provide each employee with personal, relevant recommendations of classes, content and expert connections that help them succeed at their job.

“Whether you are walking down the hall, at your desk or in a store, you’ll have the same experience with learning,” reports Zaller. “You have bits and bytes of learning and communications based on your courses, articles, or activities of interest … over 20,000 people adding to the site on a daily basis.”

LEADERSHIP DEVELOPMENT AT EXPRESS

The Express Essentials for organizational competencies describe the leadership skill set needed at a specific level in the company. They are cataloged to focus on key behaviors. Outlined as a map, the competencies are shown at each level and how they build upon each other in each area of focus. The maps help employees create individualized development plans and evaluate the competencies needed to further grow in each level of the company. The competencies keep employees on track with their goals every day, and management integrates them into the mid-year and annual review process.

In order to develop the best leaders in the retail industry who create an engaging environment consistent with the brand’s values, Express focuses on a few core programs at each level that drive leadership behaviors. As part of its talent management strategy, Express wants to drive employee self-development through the creation of a personalized and meaningful experience. Using data and analytics is an essential asset to shape the talent management experiences and to provide the best results for evaluation.

There are five key talent priorities that support Express’ leadership initiatives:

>> Increase the importance of engagement through communication.

>> Encourage employees to socialize their native genius to grow the company’s overall knowledge.

>> Encourage personalization and individualization.

>> Leverage knowledge nuggets instead of large traditional courses.

>> Implement a modern, easy-to-use talent management platform which leverages experiences and activities to drive knowledge.

BUSINESS IMPACT

The program is doing well, based on the results the organizational development team tracks. Since the program’s implementation in 2013, Express has been able to spend less on development while experiencing the following positive results:

>> Reducing employee turnover by 14 percent year-over-year.

>> A 100 percent improvement in associate engagement scores.

>> An increased Net Promoter Score by more than 80 percent.

>> The ability to spot potential employees with high potential. (Half of all field district managers are alumni of Express’s high-potential program.)

WHAT’S NEXT

With its loyalty program being titled ExpressNext, the company is always looking toward the future. Zaller shares they are planning to invite people to post their own videos, create quick knowledge nuggets and expand their leadership programs.

—Sources: “The Millennial Generation: Research Review,” National Chamber Foundation, https://www.uschamberfoundation.org/sites/default/files/article/foundation/MillennialGeneration.pdf

Published in Top Stories
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