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Wednesday, 07 November 2012 12:00

WHY LEARNING DATA AND ANALYTICS MATTER TO YOUR COMPANY

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I recently read an article on the conclusions drawn by The Talent Management Panel at the HR Technology Conference and thought their deductions were extremely relevant to learning and development practices in the workplace today.  Walmart, Motorola Solutions, and Merck were among the participants who discussed diverse approaches to deploying talent management processes and technologies to help reach overall organizational goals.  One particular theme emerged from the panel that I think is worth exploring – the importance of meaningful data and reports on L&D efforts and practices.

The panel commented that the role of learning data and analytics in an organization is significant because collectively, “We want to know who is having conversations and about what at any given time.  If we can figure out what our talent is talking about, how to connect others, and measure the impact of quality interactions on our bottom lines, then we can also figure out how to invest in growing those specific conversations.” The panel’s conclusion is very relevant, because although learning needs differ across companies and industries, identifying the specific learning that needs to occur within your organization to positively effect and increase your company’s collective intellectual capital is what’s fundamentally important.  But how do you connect employees to find out who is talking about what learning needs and address those needs to impact your bottom line in real-time?

River fulfills the imperative need for facilitating learning conversations within companies today.  Our system allows employees to interact with and learn from one another by recommending competency-matched connections on an enterprise-wide scale, and it serves as a knowledge-sharing and mentoring platform for employees to engage in self-directed, real-time learning about relevant and pertinent topics. 

In addition to answering the how to connect employees for such learning, its report generating functionality is also the perfect tool for management to utilize to track:

1. What learning conversations people are having, and
2. Who is having these conversations.

This critical information allows companies to determine how to best invest time and money into training initiatives that can significantly improve the collective skill gaps employees possess at any given time.  Since you can access this information in real-time using River reports, you can also address learning needs while they are still relevant and significant to your employee population.

Not only can River give your organization a way to capture the content of learning conversations that take place and provide insight into the skill strengths and weaknesses that exist within your organization, it also has the ability to run reports on employee participation, level of engagement, satisfaction with learning engagements and many others.  These reports can help your organization to identify high potential employees who may have been overlooked, employees who may need further development, employees who were undiscovered subject matter experts in a particular area, etc. With River’s vast array of reporting tools, the possibilities are endless.

Giving employees access to the knowledge they need when they need it creates a smarter, more dynamic and innovative workforce that can achieve higher results that positively affect your bottom line. 

With this in mind, how could River’s meaningful data and reports on your company’s talent and their knowledge help you?  Let us know your thoughts. 

Read 2096 times Last modified on Thursday, 28 September 2017 13:41

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