“In the age of AI, we know that good, clean data is a critical first step to delivering powerful AI-driven analytics. So now is the time to start collecting data in an orderly way across the learning ecosystem. If we don't, we risk being blind while others will be able to see clearly in the very near future.”
By examining real data and insights from industry leaders, this report offers actionable strategies to align your L&D efforts with business goals and ensure that every dollar spent on training leads to meaningful outcomes.
Key findings:
- 56% of L&D functions can measure the business impact of learning. The majority of L&D teams are successful in demonstrating the value of their programs.
- Strategic partners are more likely to measure impact comprehensively. L&D teams that are closely aligned with business objectives tend to use more sophisticated methods to measure impact.
- Barriers to measurement include lack of resources, stakeholder buy-in, access to data, etc. These challenges prevent many organizations from effectively measuring their L&D efforts.
- The importance of a business-aligned mindset in driving effective impact measurement: A strategic approach that aligns L&D with business priorities is essential for meaningful measurement.
Click here to download the report.
About Watershed
Watershed is a learning analytics platform that helps measure and prove the business impact of learning. A customizable SaaS-based solution, Watershed collects, aggregates, and standardizes data from across the learning ecosystem. By matching this with other data sets such as HRIS and other performance data, Watershed reports enable users to evaluate the effectiveness of their learning programs, learner performance, and vendor effectiveness.
Since its founding in 2016, the fast-growing organization has built a portfolio of global Fortune 500 clients, including Verizon, Danone and Caterpillar. Watershed is part of Learning Technologies Group plc's award-winning Professional Learning Technology and Talent Management business groups. For more information, visit watershedlrs.com.
About Learning Technology Group
Learning Technologies Group is a leader in the fast-growing workplace learning and talent industry. The Group delivers end-to-end learning and talent management solutions, from strategic consulting, content and platform solutions to analytical insights that help clients transform through talent.
LTG is listed on the London Stock Exchange Alternative Investment Market (LTG.L) and is headquartered in LondonThe group: Europe, united states of america, Asia Pacificand south america.
LTG's businesses, which include GP Strategies, Effective People, PRELOADED, Rustici Software, Watershed, Open LMS, Bridge, PeopleFluent and Affirmity, are at the forefront of innovation and best practice in learning technology and talent management, winning numerous awards for their outstanding performance. Our brand portfolio is premium and recognized as market leaders across industries.
For more information, visit ltgplc.com
Media Contact
Abbie SmithWatershed, (844) 220-0822, [email protected]https://www.watershedlrs.com/
SOURCE Watershed