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Unlocking Human Potential Through Learning & Development (Mercer Talent Report 2024)

written by Sammir Inamdar July 18, 2024

We’re on the brink of a huge transformation in the workforce, thanks to some incredible advancements in Artificial Intelligence (AI) and changes in how we work. As we navigate these seminal changes, we also face a landscape marked by economic volatility, geopolitical uncertainty, and a rapid shift in the nature of work itself. This new era calls for a fresh approach to how we support and develop our people.

At the heart of this change is Learning & Development (L&D), which plays a crucial role in unlocking human potential and helping organizations find their way in this new reality.

The Changing Nature of Work

It’s an understatement to say that the recent advancements in technology and the rise of Gen AI have redefined the future of work. Organizations are adapting to hybrid work models and the growing emphasis on upskilling. As we embrace these changes, it is clear that our approach to L&D must also evolve to meet the demands of this new era.

A recently released Mercer Global Talent Trends Report 2024 highlights four key priorities and areas that leading organizations are focusing on to stay competitive in this evolving environment. These include driving human-centric productivity, building trust and equity, managing risks effectively, and cultivating a digital-first culture.

I thought it would be interesting to explore these through the lens of L&D. After all, each of these areas offers some great opportunities for L&D professionals to make a difference and prepare the workforce for the future.

Let’s dig a bit deeper.

#Trend 1: Driving Human-centric Productivity

The rise of human-machine collaboration presents a unique opportunity to redefine productivity. Today’s productivity equation must balance AI’s ability to enhance human skills, improve efficiency, and drive both innovative business solutions and a more personalized employee experience.

Yet, AI alone isn’t enough. To truly transform productivity, companies must integrate technological advancements with human-centric work designs.

The pandemic has also shown that achieving productivity gains requires a more inclusive model that blends workforce upskilling, employee well-being, and optimized workflows. As we look towards 2024 and beyond, organizations must understand that leveraging technology while mainly focusing on people is the key to driving success.

How L&D Can Make a Difference: L&D professionals play a critical role in this productivity transformation. By designing targeted skilling programs, L&D helps employees adapt to emerging technologies and evolving job demands. AI-powered learning platforms like Learning Management Systems (LMS) and Learning Experience Platforms (LXP) are essential tools in this process.

These platforms create tailored training programs that meet individual needs, allowing employees to take charge of their career paths. For example, an AI-driven LMS can identify learning gaps, recommend upskilling opportunities, and help employees explore new career avenues. By aligning learning experiences with technological advancements and job requirements, L&D can ensure that productivity gains are both maximized and shared across the workforce.

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#Trend 2: Fostering Trust and Equity

Trust is fundamental to creating a productive, human-centric work environment. When trust is present, leaders can invest in their teams and employees feel motivated to contribute their best. However, recent years have seen a decline in trust within organizations, with only 69% of employees believing in their employer’s commitment to societal and employee well-being.

How L&D Can Make a Difference: L&D teams can address issues of trust and equity through targeted initiatives that promote leadership development, Diversity, Equity, and Inclusion (DEI) initiatives, and career progression through skilling and training. AI-powered LMS and LXP platforms offer advanced features for creating highly personalized learning experiences that support these goals.

By analyzing individual learning styles, skills, and career aspirations, these systems can recommend tailored learning paths and resources, ensuring equitable access to development opportunities. Plus, AI-powered platforms can enable transparent communication channels, allowing for real-time feedback and open dialogue between employees and leaders. By addressing these needs, L&D can help rebuild trust and create a culture of fairness and growth.

#Trend 3: Boosting the Corporate Immune System

Today’s risk environment is increasingly complex, with technological disruptions and geopolitical tensions impacting business operations and employee well-being. To operate (and thrive!) amidst this uncertainty, organizations must build resilience at both the individual and enterprise levels.

How L&D Can Make a Difference: AI-powered LMS and LXP platforms are important tools for enhancing organizational resilience and managing risks. These platforms provide advanced analytics for data-driven risk assessment and streamlined compliance management, enabling organizations to evaluate employee skills and compliance readiness.

With AI-driven insights, learning platforms enable L&D to identify potential risks, such as skills gaps, and design targeted interventions for future-proofing the organization’s talent pool. What’s more, these platforms facilitate proactive upskilling and reskilling by forecasting future skill requirements and analyzing current skills gaps. They help predict industry trends and facilitate the creation of training programs to prepare employees for future challenges.

#Trend 4: Cultivate a Digital-First Culture

To achieve agility, resilience, and long-term success, building a digital-first culture is table stakes. It’s not just about having the latest tech but about creating an environment where people and machines work well together. A true digital enterprise uses tech to boost productivity while enhancing the employee experience.

How L&D Can Make a Difference: AI-powered learning platforms are pivotal in cultivating this digital-first culture. These platforms offer just-in-time learning experiences that embed learning in the flow of daily work for employees.

By offering intuitive and user-friendly digital solutions, these platforms make learning both engaging and effective. AI technologies provide continuous feedback by analyzing employee input and revealing their needs and challenges. This helps L&D professionals design learning experiences that fit smoothly into the workflow, tackle pain points, and promote a culture of growth and innovation.

Parting Thoughts

The world of work is undergoing an incredible transformation, and L&D teams are in the perfect spot to make a difference. By reimagining productivity by building a digital-first culture, we can unlock workforce potential and guide organizations through these exciting times.

AI-powered learning platforms will be a big part of this, helping us prepare the workforce for the future’s challenges and opportunities. What’s important is that it’s not just about having cutting-edge technology—it’s also about how well we support and grow our people. With innovative L&D strategies, we can create a future where technology and human talent come together to achieve great things.

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Sammir Inamdar

As the Co-founder and CEO at Enthral, Sammir provides strategic direction to the company’s Marketing, Product, and Engineering functions. With his cross-functional domain experience, Sammir has been instrumental in ensuring the company's commitment to empowering global enterprises with digital learning is realized. He is deeply passionate about driving workplace performance and development and embedding science-based principles in Enthral’s LMS and LXP. A Computer Science alumnus of St. Xavier's College, Mumbai, Sammir began his career as an animator, eventually venturing into entrepreneurship. His journey includes leadership roles in product and enterprise sales within the Edtech sector in North America prior to founding Enthral. He enjoys reading in his free time and is also a comic book enthusiast.

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