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The future workforce needs hyper-personalised, next-gen learning platforms

Sponsored by Cornerstone OnDemand

Organisations must invest in learning - the force behind innovation, transformation, and connection.

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The pandemic has changed the world of work. Employers have been forced to rapidly adapt, accelerating digital transformation and creating a new workforce reality.

 

This new reality has had long-term impacts – good and bad – for organisations and their people. The organisations that manage to navigate this uncharted wilderness succeed because they’re focusing on developing the skills of their people.

 

Cornerstone’s 2022 Global Skills Research Report has found that the most urgent organisational concern was the skills and talent shortage. The modern workforce favours flexibility and digital collaboration. Its demands go beyond a remote or hybrid type of work, rather favouring a more tailored flexibility adapted to their needs. To empower people and unlock their potential, talent leaders must create a work environment that develops their skills, inspires growth and productivity, and promotes success for all.

 

To accomplish this, organisations need to invest in learning the force behind innovation, transformation, and connection.

 

For many years, organisations and learning and development (L&D) leaders have questioned how technology can best serve them to manage their training strategy. Debates still linger between those advocating for face-to-face learning and those who support e-learning technologies.

 

For the most part, though, L&D leaders are constantly on the lookout for new technologies that can bolster their learning and development initiatives. As the world continues to evolve, so have these technologies. So, what has the journey been like so far? And what are the fundamental differences between the LMS, the LXP and the TXP?

 

Today’s learning management system is competing with streaming services

 

The learning management system (LMS) is a good tool to enable learning administrators. The system manages rosters, ensuring that the right people show up for the right class, tracks completions so that the company is legally compliant and reports on who took what training when. While there is still a valid, legitimate need for this functionality, many LMSes have been slow to evolve with the changing demands of learners.

 

As consumers, we have come to expect, even demand, evolution in technology. Yet somehow the LMS has been left behind and now finds itself competing with the entirety of the internet for employee attention and loyalty. Streaming services and the thousands of other sites out there offer a highly visual, intuitive and appealing interface that provides logical groupings of content front and centre. In short, an engaging experience.

 

The fact of the matter is that learning professionals can no longer afford to focus primarily on administration, pushing aside the learner experience. The learning experience matters. It is time to take a good hard look at your LMS. If it does not offer the compliance features administrators need along with a learning experience that platform employees are willing to engage with, it is probably time to move on to one that does.

 

LXP puts the learning experience first

 

The main difference between the learning experience platform (LXP) and the LMS is that the LXP focuses on the learning experience, centred around individuality and emphasising the idea that learning at work can be a unique experience for everyone, whereas the LMS is based on learning management.

 

Learners today expect more than a simple top-down approach to learning where training is generic and scheduled. Like live stream services, learners crave an experience that is personalised, on demand and caters to their individual needs.

 

The LXP provides just that – an open-architecture ecosystem that takes learning beyond the company’s internal resources and provides users with access to external sources of learning material. Here, learning is more targeted, personalised and in-line with the individual learner’s career aspirations.

 

Learning is now viewed as a continual process, across multiple modalities. But how can companies ensure formal learning still receives the attention it needs?

 

Empowering the workforce with modern learning, skilling and career growth with TXP

 

Over the past 15 years we’ve become one of the largest learning platform companies in the world. We operate in 180 countries, employing 4,000 people, generating more than $1 billion in revenue and servicing more than 7,000 customers and 100 million global users. Our growth is attributed to the fact that we are continuously evolving with the times. Our purpose has always been to empower people to be their most extraordinary – at work and in the world. 

 

Enter our modern Talent Experience Platform (TXP), designed to help talent leaders unlock the limitless potential of their workforce and streamline the way they do it.

 

At the recent launch of Cornerstone’s TXP, our CEO Himanshu Palsule defined it as “where the best in-class learning meets growth-centric talent tools, to deliver outcomes that matter the most to you; the most comprehensive and holistic growth experience for your people, powered by a tech fabric of deep skills and talent data with AI and ML algorithms.”

 

In this platform we unite our portfolio of growth-centric learning and talent solutions, with an innovative people experience, AI technology and open architecture to unlock the potential of the future workforce.

EdCast by Cornerstone TXP extends and enhances the capabilities of traditional learning platforms by offering structure while enabling free-form learning. This helps employees understand the value they bring to the table while building long-term relationships with the company.

 

We have come a long way since classroom-style training, and while LMS will continue to be a necessity among organisations, the road ahead will lead to TXP, providing a holistic learning and development programme that plays to the strengths of both the modern organisation and the modern employee.

 


 

Find out more about our new Talent Experience Platform here.

 


 

 

 

 

 

 

 

 

Mark Debono,

Vice President, Cornerstone OnDemand

Sponsored by Cornerstone OnDemand
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