Summary of L&D: Where Are We Now?

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Rating

7 Overall

9 Applicability

8 Innovation

5 Style


Recommendation

Innovative learning and development (L&D) teams can enhance their organizations’ agility and boost key measures of performance, yet too many are failing to realize the potential benefits. In its “2017–18 Learning Benchmark Report,” the business research group Towards Maturity highlights the qualities of top-performing L&D units and the obstacles to modernizing workplace learning. getAbstract recommends this informative, insightful report to L&D professionals who seek to maximize the impact of their work.

In this summary, you will learn

  • What benefits organizations can expect to gain from investments in learning and development technology,
  • Why these investments often fail to yield potential rewards, and
  • What obstacles hamper the implementation of learning innovation.
 

About the Authors

The independent benchmarking firm Towards Maturity develops and delivers research and advice to help L&D professionals improve performance. Laura Overton is the founder and CEO of Towards Maturity where Genny Dixon is head of research and Gent Ahmetaj is senior research analyst.

 

Summary

Although learning and development (L&D) leaders expect higher rewards from their investments every year, organizations often fail to reap the full benefits of innovating in their L&D programs. Overall, the more than 700 L&D units Towards Maturity surveyed enhanced the efficiency of training delivery, but few organizations have sufficiently transformed to realize the advances that top learning companies demonstrate. Only a minority of organizations reported improvements in crucial measures of business performance, such as customer satisfaction (where the scale of improvement avaraged 19%), productivity (13%) and revenue (7%).


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