Building and Executing Learning & Development strategy in your Organisation
Topic: “Building and Executing Learning & Development strategy in your Organisation”
Speaker: Dr. Krishnamurthy Iyer, Behavioral Trainer, Performance & Effectiveness Enhancer & OD Consultant, Proprietor Kartikay Associates
Hi Everyone,
Learning and development is a systematic process to enhance an employee’s skills, knowledge, and competency, resulting in better performance in a work setting. Specifically, learning is concerned with the acquisition of knowledge, skills, and attitudes. Development is the broadening and deepening of knowledge in line with one’s development goals.
Takeaways from the video
-Steps to arrive at business plan, because strategies are linked with business plans.
a) Mission, Vision and Values
b) SWOT Analysis
c) Business Plan
d) Translated into Excel sheet
Aligning Business with HR a) Desired Business Resources
b) Business Plan
c) Requirements form HR
d) Human Resource Roadmap
L & D Process a) Learning needs identification
b) Planning & collation
c) Execution of training program
d) Measuring Effectiveness
Creating L & D Strategies(Key Considerations) a) Desired behaviour from core values percolation & competency matrix
b) A broad based approach considering “3E”(Education, Exposure and Experience).
c) Aligning with PMS eco-system. e.g. Mention in KRAs
d) Current trends needs to be kept in mind
Current Trends are explained -From employee perspective
a) Byte sized learning
b) Hybrid learning
c) Eclectic approach
d) Reskilling in case of job redesign
-From Employers perspective
a) Industry trends e.g. technology
b) Racing towards a digital world
c) Changing employee profile e.g. Millennials, Gen-Z, Gen-next etc.
Thought of the day: The journey of a thousand miles begins with one step. - Lao Tzu
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