- There’s an upskilling and reskilling revolution coming in the next three to five years, according to LinkedIn’s 2020 Workplace Learning Report released March 3. LinkedIn found that 51% of learning and development (L&D) professionals surveyed plan to launch upskilling programs in 2020, and in the next decade, digital transformation and automation are expected to have a greater impact on the global workforce.
- More than a third of L&D professionals expect their budgets to grow year over year. While funding for instructor-led training is decreasing for some, 57% of talent developers plan to spend more on their online learning programs, the report states. L&D professionals will become key to growth and innovation at businesses; 83% of those surveyed said executive buy-in is not a challenge. However, only 27% said that their CEOs are active champions of learning, despite CEOs spending 20% more time learning soft skills than their employees.
- LinkedIn stated in the report that it hosted a week-long, company-wide learning challenge and found that executive championship effectively drove engagement, and recommends building an internal marketing campaign around a big prize. Talent developers will focus on ways to drive engagement, activate managers and measure the impact of learning on the business, but they will also need to know which skills to learn themselves in light of digital transformation.
tags: This Month