Learning and Development; Paying Too Much and Getting Too Little?
Are you pouring a significant portion of your budget into learning and development initiatives, only to find that the outcomes fall short of your expectations? If you’ve been wondering why your investments aren’t delivering the desired results, you’re certainly not alone.
The statistics are undeniably eye-opening. Over the past several decades, substantial financial resources have been funneled into learning and development efforts, yet the returns often don’t align with the expected results. It’s become increasingly clear that driving change and enhancing individual performance is a complex endeavor that calls for a fresh perspective.
Navigating the Common Hurdles in Learning and Development
As organizations continue to grapple with learning and development, organizations face a set of recurring challenges that demand our attention. These hurdles include the often-daunting high costs associated with comprehensive training programs, the temptation of one-size-fits-all solutions that may not address unique needs, persistent lackluster employee engagement, and the profound impact these issues can have on your company’s culture and bottom line.
The investment of both time and resources in robust learning and development initiatives can sometimes dampen the enthusiasm of even the most dedicated learning professionals. While learning management systems are often seen as a remedy for training challenges, we must be mindful of their limitations and employ them where they are most effective, such as compliance or technical skills training.
However, learning management systems have their boundaries. They don’t address the fundamental issues that employees wrestle with, like overcoming procrastination, boosting productivity, participating fully, and maintaining focus throughout the workday. They also fall short when it comes to addressing deeper concerns, such as fear and self-doubt, which can profoundly impact an individual’s psyche and performance, even among your most talented employees.
It’s a natural assumption that investing in providing employees with more of what they want and need—more learning and development opportunities—should result in increased engagement over time. However, the sobering reality is that the facts paint a different picture. Employee engagement statistics have remained largely stagnant over the past several decades, a trend that is particularly concerning given the growing prevalence of remote work.
The Evolving Landscape of “Work”
Consider this: the communication challenges that existed within your company culture when everyone worked in the same physical location were already daunting. However, at least there were opportunities to learn and interact while gathering around the breakroom or dropping by each other’s offices. Now, with teams dispersed across states or even countries, communication has become even more challenging. Some organizations are only now realizing these issues, as problems aren’t as quickly or easily detected as they once were.
In this evolving landscape, the role of company culture is more vital than ever, but it’s also more complex to maintain. Let’s delve deeper into these challenges and explore innovative strategies to reshape our approach to learning and development, ensuring a brighter future for organizations and their employees.
Rethinking Learning and Development: Shifting the Paradigm
Did you know that according to the Society of Human Resource Management (SHRM), a staggering 70 percent of employees would be more inclined to stay with their companies if they had access to better learning and development opportunities? This statistic calls for a significant shift in how we approach learning and development in the business world – a shift that transcends the one-size-fits-all mentality.
Imagine this scenario: a room full of individuals, each with unique knowledge, skills, experiences, backgrounds, and aspirations. Now, picture them all subjected to the same standard learning model. It’s a recipe for disengagement and inefficiency. How many times have you found yourself in a training seminar, daydreaming about being anywhere else, simply because the content wasn’t relevant, or didn’t resonate with you? We’ve all been there, especially in today’s world of webinars where multitasking often seems more appealing.
Don’t get us wrong; there are valid reasons for uniform training solutions. Compliance issues and regulations are non-negotiable aspects that all companies must adhere to. However, there’s another side to learning and development that we often overlook – the individuality of learners.
Here’s where the paradigm shift comes into play. We firmly believe that this shift should start at the level of each individual employee. Organizations must acknowledge the importance of gaining employee buy-in and tailoring learning experiences to make them personally relevant.
The Aberdeen Group’s study revealed that companies with a strong focus on learning and development enjoy a remarkable 21 percent increase in employee engagement compared to those who do not make this a priority. It’s clear that investing in your employees’ growth pays off in more than one way.
Moreover, research from the Center for Creative Leadership highlights a compelling finding: employees who actively participate in self-leadership development programs are not only more likely to climb the career ladder but also tend to earn higher salaries than their peers who lack such opportunities.
It’s time for businesses to reevaluate their approach to learning and development. By recognizing each employee’s unique needs and perspectives and making learning personally meaningful, organizations can foster a culture of growth, engagement, and success that benefits both individuals and the company.
Unlocking the Potential of Valuegenic Self-Leadership
At Insight Coaching, we’re champions of the transformative concept of Valuegenic Self-Leadership. This profound approach empowers individuals to take charge of their own learning and development, career progression, and ultimately, their satisfaction and happiness in life. What we do is help individuals uncover the thinking patterns that either propel them forward or hold them back, impacting every facet of their lives. As you delve into the world of self-leadership, you’ll learn that you (and your thinking) may be your biggest roadblock. You’ll also discover how your own thinking can be the key to unlocking your greatest success and satisfaction.
Valuegenic Self-Leadership isn’t confined to a specific level within an organization—it’s a “golden” thread that can be woven through every aspect of your company. From your core mission, values, and goals to executive training/coaching, throughout every level of your organization, it’s a framework that can drive real change.
Implementing self-leadership development brings significant benefits. Employees begin linking their thinking to their performance. It’s a remedy for procrastination, a tool for enhancing organization and communication skills, a bridge to building better relationships within teams, and a path to becoming more compassionate leaders.
Let’s take the example of a long-term client who implemented self-leadership development across their entire organization. They integrate it into their hiring and onboarding processes, and provide feedback to new employees, helping them understand that self-leadership is an expectation within their organization. They also provide coaching to leaders and key personnel. Moreover, the principles of self-leadership have become the foundation for handling difficult conversations, improving overall performance, and enhancing team dynamics.
To ensure the success of self-leadership development, clear communication with employees is paramount. It needs to be established that Valuegenic Self-Leadership is a new way of thinking within the organization, one that aligns everything we do. Valuegenic Self-Leadership Development equips employees with the tools they need to achieve the organization’s goals and expectations, while also supporting them in achieving their greatest aspirations.
Building Buy-In from the Top
Implementing a program like Valuegenic Self-Leadership Development begins with leadership buy-in. In the companies we work with, top leaders are the trailblazers. This isn’t a wait-and-see approach; it’s about leaders at the highest levels discovering more about themselves and modeling the behavior they want from their teams.
Becoming a role model and aligning your words with your actions can significantly impact the organization. This isn’t a fleeting training program; it’s a practice that becomes ingrained in the fabric of your organization—a comprehensive golden thread, woven through not only your learning and development system but your entire organization.
Recently, a client shared an intriguing scenario. A vendor failed to deliver supplies on time, causing imminent delays. In the past, the employee had encountered a “hammer-down” approach at another organization, where confrontation was the norm. They asked when they should “put the hammer down.” However, the manager, as a role model, responded differently: “We never put the hammer down. We always seek an equitable solution.” This example beautifully demonstrated the company’s commitment to its values—a culture that promotes respectful and equitable resolutions.
A New Approach to Learning and Development
The client company I mentioned earlier has been recognized on Crain’s Detroit Business 100 Best Places to Work for four consecutive years in a row (starting in 2020). They boast an extremely low turnover rate and 95% employee engagement. Additionally, they enjoy unprecedented levels of on-time project completion, thanks partly to positive interactions between employees and vendors. Valuegenic Self-Leadership Development isn’t confined to a single industry; it’s adaptable. It’s used in healthcare, construction management, manufacturing, education, finance, and beyond. Regardless of your industry, we can tailor it to your organization’s unique needs.
We work with companies of all sizes, from startups to large hospital systems, with coaches spanning the globe. Wherever you’re located, we can meet your needs.
Real Results, Both Personal and Professional
Some of the most touching testimonials we’ve received highlight how this program has deeply impacted individuals on a personal level. It’s important to remember that our personal and professional lives are intertwined, and self-leadership development bridges the gap. Whether you’re struggling with procrastination, self-doubt, or fear (or something else), these challenges can seep into all areas of your life, impacting everything, including job performance. Valuegenic Self-Leadership Development equips people with the tools to make positive changes in any (and every) aspect of their lives.
In conclusion, the limitations of traditional learning and development stem from a one-size-fits-all approach. Valuegenic Self-Leadership offers a unique and systematic approach, examining an individual’s thinking and learning from their unique perspective. By objectively assessing and “diagnosing” thinking patterns, we empower individuals to understand how their unique life experiences shaped their ability to achieve their desires and contribute to the organization’s success. When we merge these elements, employees become self-leaders, promoting greater self-satisfaction, success, and fulfillment—a win-win-win scenario.
If you’re in a position to influence your company’s learning and development, schedule a personal call with me. Let’s chat about your current situation, desired changes, and how we can help you implement a transformative approach within your organization. Let’s work together to create a truly valuegenic organization where everyone wins.
Kristin Clark is a certified Axiogenics Partner Coach and co-author of Living a Richer Life; It’s All in Your Head. She has coached hundreds of people from a range of backgrounds and beliefs, industries, and professions. Kristin trains and coaches executives, leaders, and individuals in Valuegenic Self-Leadership. This powerful development program will help you tame your limiting thoughts to master your mindset for more confidence, clarity, impact, and meaning, so you can start Living a Richer Life.