Revealed: The greatest L&D concern for global businesses

by L&D15 Jan 2016
Finding and retaining the best talent is the number one concern for global businesses, according to Speexx’s 4th annual survey of HR and L&D professionals.

The above challenge was identified by 28% of companies in the survey which revealed that flexible learning, big data and better employee communications are identified as key methods to align learning more closely to business requirement.

Moreover, for 24% of businesses aligning training and development with business needs was their key objective.

However, 44% of organisations are struggling to make sense of big data and not fully utilising its benefits.

Additionally, maximising the use of HR data has a range of challenges. These obstacles include lack of management of support (31%), lack of know-how in collecting and using data (24%), budget constraints (16%), global implementation issues (16%) and understanding data privacy issues (13%).

Sixty-three per cent of companies claimed blended learning will continue to be the primary approach for corporate learning as opposed to strictly face-to-face training or standalone e-learning.

Moreover, 35% of businesses now use mobile devices for corporate learning, while almost one-in-five companies plan to implement a mobile learning strategy in the following three years.

Meanwhile, 98% of organisations agreed that good communication is “very important” or “important” for overall business success.

However, the main reasons for holding back strong communications included lack of management support (27%), intercultural differences (23%), and the lack of foreign language skills amongst employees.

“Technology has transformed how business is conducted and the workplace now demands an international pool of staff with better communication skills to maximise on global opportunities,” said Armin Hopp, Founder and President at Speexx.

“Organisations with a mature talent management strategy are best placed to foster an ongoing learning and strong cross-border communications.”