Based off of the article: Where Companies Go Wrong with Learning and Development
Zealic's Cliff Notes
In 2016, Companies spent $359 billion on training
75% of managers were unhappy with their companies Learning and Development function
70 % of employees says that they don't feel like they have mastered the skills needed for them to do their jobs.
Only 12% of employees take and apply newly learned skills from Learning and Development programs to their jobs.
The 80/20 rule is important to keep in mind; meaning that the learners should focus on learning the 20% of the content that shows up 80% of the time.
When employees want to learn a new skill or have a question, they typically use search engines, refer to the companies LMS, or ask a colleague (55%).
The Forgetting Curve
We quickly forget the things that we learn if we don't apply the newly learned content. German psychologist Hermann Ebbinghaus discovered "The Forgetting Curve." He saw that if new information isn't applied then we will forget about 75% of that content after just six days. By using spaced repetition, we can increase our knowledge retention - remembering 80% of what we learned after 60 days. The key to improving knowledge retention is creating an environment to apply effective learning theories and personalized training.
Want to read the whole article?
Check out the full article in the link below:
Harvard Business Review
Originally Written by: Steve Glaveski