Report highlights benefits achieved through learning technologies
Benchmark research company Towards Maturity has unveiled the findings of its major annual learning technology benchmark study.
This year's study highlights how top learning companies are achieving major business benefits.
Towards Maturity's research analysed its three year benchmark data to identify 700 organisations who were reporting tangible business improvements and found that top learning companies amongst them are achieving through technology reduction in study time, 25 per cent reduction in delivery time, 22 per cent reduction in cost of training, 25 per cent improvement in learning reach and 22 per cent improvement in time to competency.
It also highlights that nine out of 10 L&D professionals are looking to integrate learning and work, with 41 per cent saying it is critical today. Despite this, there is a mismatch between the benefits that organisations hope to achieve through learning technology compared to what they are actually achieving.
Top learning companies are seven times more likely than the bottom quartile of learning companies to report improvement in talent, performance and staff motivation. In addition, they are more likely to allocate their learning resources to strategy, planning, content development and supporting collaboration. In contrast the study found that the average organisation focused more on administration and delivery.
Laura Overton, managing director of Towards Maturity, said: "Organisations are more aspriational than ever before, but top learning organisations are highlighting the need to flip our thinking about the way that learning and performance is supported. This year's report investigates what is holding organisations back and what we can learn from top learning companies to bridge the gap between learning and work.
"I urge the learning industry to download our independent free report and understand how the use of technology has changed since we started this study nine years ago. My thanks to the 2200 organisations that contributed to our benchmark over the last nine years."
Finally, the study highlights that whilst many organisations recognise that learners learn more from each other than from course content, few have strategies in place to encourage and foster peer-to-peer learning. Disappointingly, implementing e-learning was not seen as a management priority by 53 per cent of organisations surveyed in 2012, up from 45 per cent in 2011.