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What Learning Contributes To The Bottom Line
Manage episode 324727870 series 3310976
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As businesses are experiencing "The Great Resignation", companies need to understand the impact of their L&D spending more than ever before. Joining us to dive into this really relevant topic is David Vance, Executive Director for the Center for Talent Reporting which helps Learning Officers understand learning impact measurement.
David is also the former President of Caterpillar University, where he worked to ensure the right education and training were in place to meet the needs of Caterpillar's 97,000 plus employees.
Big Takeaways:
- The Securities and Exchange Commission requiring publicly traded companies in the USto disclose human capital measures enforces that human capital is the primary driver of value for most organizations.
- The key to making human capital measurement relevant to your CLO or CEO is catering to their goals and making it clear what you will do with this data to help them accomplish them.
- Use the importance of disclosing learning measurements as leverage for getting the resources you need.
Check out centerfortalentreporting.org for reporting information as well as Humancapitallab.org
This is a Growth Network Podcasts production
30 episodes
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