Innovorg Pioneering the Trends Highlighted in LinkedIn’s 2024 L&D Report Since Inception

Innovorg Pioneering the Trends Highlighted in LinkedIn’s 2024 L&D Report Since Inception

The latest Workplace Learning Report from LinkedIn highlights several new trends across the learning and development (L&D) landscape. As we delve into 2024, the report provides valuable insights, enriched with specific data points, into how L&D is evolving in the era of artificial intelligence (AI) and its impact on workforce learning. It was exciting to read this report as Innovorg has been pioneering these trends from our inception.

A significant revelation from the report is the emphasis on aligning learning with business goals. According to the report, this remains the top focus area for L&D for the second consecutive year. This shift underscores the evolving role of L&D from primarily focusing on employee development to driving tangible business outcomes.

Another key trend identified is the focus on skills agility. With 4 in 5 people expressing a desire to learn more about using AI in their profession, the ability to swiftly adapt and acquire new skills is more crucial than ever. The report notes that organizations will succeed by embracing employee growth as a virtuous cycle, where learning spurs company growth, and vice versa.

According to more LinkedIn data, only 38 percent of companies are offering training in AI literacy, despite 82 percent of leaders saying their employees will need to develop new skills to work with AI.

In response to a growing need for AI-related skills development, LinkedIn has made 250 of its AI courses free to the public until April 5, 2024. The courses are available in seven languages and cover topics such as building generative AI literacy and making generative AI-powered business investments.

Career development has also seen a dramatic rise in priority, climbing from number 9 to number 4 on L&D’s priority list within a single year. The report reveals that aligning individual career goals with organizational objectives is becoming increasingly important for both employee satisfaction and business success.

Internal mobility is highlighted as a growing area of focus. The report states that only 33% of organizations have established internal mobility programs, yet these programs are key to retaining talent and fostering a versatile skills pool. Furthermore, just 1 in 5 employees feel confident about their ability to make internal moves, indicating a significant gap in internal mobility support.

In terms of L&D strategy, the report points towards a shift from traditional, one-size-fits-all programs to more personalized learning experiences. This is evident in the data showing that learners engaged with learning four times more when it aligns with their career goals.

We at Innovorg find these insights invaluable. Our platform’s ability to catalog skills and identify skills gaps and create connections between learning and business outcomes made us well-positioned to allow our clients to leverage these trends for organizational success from the beggining. The major trend in this report involves aligning learning initiatives with your business objectives, which begins with a comprehensive understanding of the skillset required across your organization. This understanding is encapsulated in what we call the ‘Skills Catalog.’ This catalog doesn’t just encompass the skills related to your products and services, but also extends to your internal systems, tools, processes, procedures, and crucial soft skills. On average, our customers identify 70 to 100 essential skills per every role.

Many of our clients initially tried to catalog and assess these skills using Excel spreadsheets, a method that quickly proves to be neither scalable nor sustainable. Our solution revolutionizes this process by systematically organizing skills cataloging and assessments. We link these skills directly to targeted learning opportunities, aggregating and curating content from any chosen provider. Furthermore, we integrate skill development with performance management and certification programs, ensuring a comprehensive approach to talent development and organizational growth.

In conclusion, the LinkedIn Workplace Learning Report 2024 provides a comprehensive look at the rapidly evolving landscape of L&D. The data and trends highlighted in the report, including the importance of aligning learning initiatives with business outcomes, focusing on skills agility, and embracing the transformative potential of AI.

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