Building a culture of learning encourages business growth

Written on 13 April 2016 in News
News

Learning is a valued way of life and essential to growth within an organisation, reveals new research from the Association for Talent Development (ATD).

The report, Building a Culture of Learning: The Foundation of a Successful Organisation, found this helps promote a collaborative environment where knowledge is readily shared, and performance steadily improves, at both the individual and organisational levels.

More News 

Radical rethink needed for UK engineering education, says report

Cyber sexism is putting girls off engineering careers

Strong engineering industry drives UK productivity

Despite the benefits, only 31 percent of organisations have well-developed learning cultures.

ATD and the Institute for Corporate Productivity (i4cp) explore the robust cultures of learning as distinct hallmarks of organisations that consistently produce the best business results – companies that lead the world’s markets in revenue growth, profitability, market share, and customer satisfaction. 

Key research findings are:

  • Having a culture of learning is a hallmark of high-performance organisations. Top companies are five times more likely that lower performers to have extensive learning cultures.
  • In high-performance organisations, employees share knowledge with their colleagues at a rate four times greater than that of workers in lower-performing firms.
  • An employer’s commitment to ongoing talent development during prehire interviews is a distinguishing trait of high-performance organisations. However, just 22 percent of all respondents have these conversations with candidates.
  • High-performance organisations are three times more likely than lower performers to hold leaders at all levels accountable for actively demonstrating the importance of learning.
  • In organisations with strong learning cultures, employees are aligned with the goals of the business.
  • The learning function’s participation in talent planning activities is linked to better market performance.
  • Impact measurements—assessing learning’s effects on worker behaviour and on business results—are differentiators applied extensively by fewer than one in four organisations.

Share this page

CONTRIBUTIONS FROM READERS

Please login to post a comment or register for a free account.