In honor of Digital Learning Week Cornerstone is offering a sample of 150 modern eLearning courses for free from February 25 through March 11. Register here to access the eLearning portal.
The rapid increase of artificial intelligence, robotics and automation in the workplace has widened the skills gap between the skills employers seeks and the skills that workers actually have. According to a recent report by the US Chamber of Commerce, for example, open data scientist positions grew from just 1,061 in 2012, to 14,653 in 2016. The supply of data scientists hasn’t been able to keep up, the report states, making data analytics a sorely in-demand skill that’s critical, yet difficult to source and teach. And there’s a handful of this skills gap data in the market, as we also see professional ‘soft-skills’ skills gaps widening—such as creativity, critical-thinking and leadership.
Continuous learning is crucial for ensuring that employees obtain and maintain such skills, but the 2018 Human Capitalist report from Bersin by Deloitte found that over half of respondents (54 percent) said they did not have any learning programs in place to help employees build the skills of the future. This is a missed opportunity.
At Cornerstone, we’ve seen the benefits of learning first hand, and this year we are challenging ourselves to do even more with the Five for Twenty Challenge. Our goal is to commit to investing at least five percent of our employees’ time to learning and encourage other organizations to do the same. The goal? To “improve retention and engagement, save big money and create a higher-performing, more future-proof organization,” says Adam Miller, CEO of Cornerstone OnDemand.
We know creating a learning program isn’t easy. Your learning program is only as strong as your ability to build excitement around it—you need employees to see your program as an opportunity to develop, not a mandatory checkbox.
We’ve dug into our data to shed light on what works and what doesn’t. Check out the infographic below to find out how an engaging learning program comes together.