Today’s business landscape is challenging and rife with change. Budgets are tight, competition is fierce, the global talent shortage persists, and new technologies like generative artificial intelligence (AI) are shaking things up, creating both exciting opportunities and an urgent need for upskilling.
It has arguably never been more important to have an effective training strategy in place. Many companies recognize the vital role employee learning plays in the success of their business, so it’s unsurprising that the learning management system (LMS) market is expected to reach a staggering 51.9 billion USD by 2028.
But what should companies be doing now to support this objective?
Here are five ways leaders can refresh their upskilling efforts to ensure employees are getting the education they need, and to support a culture of continuous learning and development within their organization.