Maximize Your L&D ROI With Skills Insights
Is your organization ready to give employees insight into their opportunities for growth? Are you prepared to upskill your workforce to meet tomorrow’s challenges?
If you’re grappling with how to maximize your Learning & Development (L&D) investments and upskill your workforce to meet tomorrow’s challenges, we’re here to help. With a skill-based approach, you can not only uncover the hidden potential within your team but also ensure you’re investing in the skills that matter most for your organization’s success. Skills intelligence data can provide critical insight on how to maximize the value of a L&D investment and accelerate your path to building your workforce of tomorrow; today.
Did you know?
A study by Accenture found that investing in employee training and development can reap an average 353% ROI. (Accenture, 2019)
40% of employees are considering quitting with the main reason being due to lack of career development opportunities. (McKinsey, 2022)
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Employees feel empowered and engaged because they have visibility into what skills they need to improve and progress.
Measuring Success
By proactively addressing the need for career development opportunities, organizations can not only retain their talent but also ensure they are equipped with the skills needed to drive future success, with the tangible benefit of an increased ROI.
Organizations require a roadmap for where to invest in order to improve and develop skills to compete today and be ready for tomorrow.
Lexonis TalentScape reveals the development needs of individuals against a model of success for current and future roles, and takes a measured and scientific approach to learning needs analysis.
Skills intelligence reports provide heat map views of skill areas to target for operational excellence and fulfillment of the organization’s business strategy.
Shape the future of your workforce with targeted skill development.
Build Tomorrow’s Capability Today
Ensure your organization’s readiness for tomorrow by empowering employees, proactively addressing skills gaps and measuring the impact of your L&D initiatives to ensure sustainable growth.
- Empower Employee Growth: Give employees agency over their career with skills insights and personalized development plans.
- Proactively Close Skills Gaps: Identify skills gaps and initiate proactive solutions to build the skills the organization needs today and into the future.
- Justify the Business Need for L&D: Prove the critical business need for Learning & Development initiatives through alignment with the organization’s job architecture.
Unlock the potential of your employees and your organization through skills-based learning.
Accelerate Skill Development with Tailored Learning Paths
With nearly 30 years of real-world competency experience, the Lexonis team have developed a platform to transform your approach to learning and development, ensuring your organization is ready for tomorrow’s challenges.
- Personalized Learning Journeys: The Lexonis’ platform can be used to create prescriptive, personalized development plans that align with each employee’s unique skills and career aspirations.
- Targeted Learning Investments: Utilize detailed skills data to make informed decisions about where to allocate L&D resources, ensuring maximum impact and ROI.
- Keeping Ahead of the Market: Adjust skills-based learning paths based on changing organizational requirements and industry trends.
Measure. Develop. Thrive.
Maximize your L&D ROI with skills insights.
FAQs
How can I use a skills-based approach to justify our L&D programs?
Considering skill growth over time, operational performance improvements, analyzing retention rates and capturing employee survey results can all be used to support the case for your L&D initiatives and demonstrate their return on investment.
What metrics should we use to assess the effectiveness of our L&D efforts?
Key metrics include skill acquisition rates, employee engagement levels, performance improvements, career progression and retention rates. These indicators provide a comprehensive view of your L&D program’s success.
How does skill assessment help in improving L&D outcomes?
Skills assessments identify individual and organizational skill gaps, enabling targeted development plans. This ensures that your L&D efforts are focused on the areas that will drive the most significant business impact.
Can personalized development plans enhance employee growth and satisfaction?
Yes, personalized development plans empower employees to take control of their career paths, leading to increased motivation, engagement and job satisfaction, which in turn enhances overall organizational performance.
How does reporting on skills over time benefit our organization?
Skill growth provides insights into the effectiveness of your L&D initiatives, helping you to refine and optimize your programs. It also enables you to demonstrate the value of your investments to stakeholders.