Learning and Development (L&D) remains an invaluable asset in every company’s organizational structure, with the constant need for upgrading employee skills, knowledge, and competencies. From AI-powered learning to gamified learning, today’s L&D platforms are propelling the industry forward by enabling learners to seamlessly interact with more personalized learning content. In the wake of these trends, the global learning and development market is expected to reach $3.65 billion by 2025, at a compound annual growth rate of 4.3 percent.
The leading learning and development trend driving the market growth is microlearning platforms. It is a flexible learning strategy that pivots from long classroom sessions to bite-sized learning modules that focus on specific learning objectives. Leveraging visual tools, such as instructional videos, animations, flashcards, and gamification, microlearning delivers fact-based learning bursts. This makes the approach an effective and accessible mode of e-learning, ultimately improving employee engagement and training completion rates.
To put the spotlight on such key developments in the industry, Manage HR illustrates how companies are leveraging the latest developments in learning and development to enhance organizational performance. The edition also features thought leadership articles from Dax Sardinha, director of talent acquisition, Canada Life, and George Wang, VP of human resources, Century Pacific Food, who shed light on various trends in the learning and development industry, including key developments in strategic planning and e-learning.
We also bring to you the story of some of the emerging learning and development service companies that deliver the best outcomes for their clients. In the list, VSG Advantage Training particularly stands out for its customized professional development programming and services. The list also comprises Sirvist HRC, a full-service human resource consultancy that provides a unique combination of talent management expertise with an award-winning, metrics-driven performance management system.
Through the following pages, we aim to shine a light on the innovative trends and latest developments in the learning and development industry. We would like to know your thoughts.