Modern employees, including Millennials, Gen X and Boomers (yes, Boomers) crave many things. Between you and me - they should, especially at work. Just like I crave a Starbucks hot skinny, nonfat, vanilla latte or an episode of "Dateline," modern workers crave the things all human beings crave: purpose, social connection, respect and autonomy.
Successful companies understand there is a positive correlation between investing time in "human needs" and creating positive employee experiences.
Companies can satisfy employees' human needs and boost productivity through learning and development (L&D) programs. L&D programs help employees learn new skills, show companies are willing to invest in employee success and can help employees discover their strengths and purpose.
BUT... and this is the big but...who has the time to develop and train given the limitations of our fast-paced workplaces? Or the money? But in our modern work world these are not excuses to scrap programs altogether. Especially if they can be a significant component in retention strategies.
A solution? We must allow employees to drive their own development. Our role as HR and learning leaders is to set training goals and provide modern training tools. The employee's role is to utilize these tools based on their training preferences and time frames. This allows the modern employee to be the "CEO of their career" that they crave. In a nutshell, employees like it, this method saves time and proves effective.
Need more proof you should invest in self-driven learning programs?
- According to the 2017 Deloitte Human Capital Trends Report, "...careers and learning rose to second place in rated importance, with 83 percent of executives identifying these issues as important or very important."
- A 2018 Melbourne Graduate School of Education study of 30,000 global employees revealed "autonomy support (aka self-driven programs) leads to positive outcomes like intrinsic motivation, wellness, engagement and more committed employees no matter the national culture."
- 70 percent of participants in a Pew Research Study consisting of technologists, scholars, practitioners, strategic thinkers and education leaders believed new educational and training programs would emerge and be successful. In addition, the report found there will be a "significant number of self-teaching efforts by jobholders themselves as they take advantage of proliferating online opportunities."
Pretty snazzy stuff, huh?
So... the time is now for modern companies to explore self-directed training options in the workforce. To learn more about emerging self-directed training tools, self-directed training best practices, and why employees want to be the "CEO's" of their careers, join me at Saba Insight 2018, September 24-27 in Scottsdale, Arizona. Hope to see you there!