No matter how you feel about them, this much we know is true: Millennials are an inescapable part of the corporate landscape. In fact, by 2030, they won’t just be part of the corporate landscape, they will make up 75 percent of the dominant generation.
In a perfect world, each training session would find your entire team in the same room, learning from each other, and building lasting team relationships. But with business expansion, teams are finding themselves all over the country, even the world. Through satellite offices, telecommuting, and global branches it means that your organization doesn’t have to be in the same time zone, let alone the same room in order to have a learning session. But what about collaborative learning?
Today’s business landscape means that no two days are the same. Industries are changing; you’ve probably learned that if your business doesn’t adapt, you could all too easily be left in your competitor’s dust. But where does that leave your employees? As you adapt to a changing landscape, you expect your employees to follow suit. As roles change, however, you might find that you’re inadvertently tapping into their greatest fears: becoming obsolete.
We all wait with baited breath each time Apple announces a new iOS. New emojis and better functionality await if you’re patient enough for the update to download. But, as most developers know, a new iOS can also result in major headaches—especially when it affects the way an app is displayed, the functionality of a website, or other minor kinks that cause major user issues.
We’ve all heard the oft-used parable about the turkey conference. It’s the one where the turkeys attend a conference where they learn to fly, spending the entire day soaring to new heights over the farm. And when the conference is over? They all walk home.
Contrast that to the treatment of learning as a one-time event. You spend a ton of money on expensive one-day training or pay for an off-the-shelf program to get your employees excited about a new skill. They get amped up and enjoy the learning, but eventually return back to their own ways once they sit back down at their desks. The problem could be retention, but we contend that the main issue is actually a symptom of the traditional way of thinking about learning and training.
If you’re interested in startups, business, and finance, there’s a good chance you’ve seen an episode or two of Shark Tank. On the show, small business owners get about two minutes to pitch their life’s work to a room of investors, for better or for worse. In most cases, first impressions are very telling: concise, driven entrepreneurs do well, while those that lack direction and relevancy are torn to pieces by the sharks themselves.
In an industry that was stagnant for a long time, we can’t help but be excited about the possibilities that innovation and creativity bring to the table for learning. The decades-long monopoly that bad eLearning and training once held over the corporate world has been replaced by engaging content and out-of-the-box delivery methods that keep learners glued and actually improve retention and results.
We have come to understand that overall, annual performance reviews don’t really work. Besides the fact that it’s impossible to sum up an employee’s year long contributions in just a few moments, the process wastes, on average, 80,000 man hours annually. And what do you have to show for it? Performance reviews rarely leave the impact that you want, especially since you have to wait another 365 days to reassess progress.