A productive workforce is the backbone of any organization in any business domain. One of the very first barriers to workforce productivity is the lack of proper coaching, guiding, and continuous training.
Data collected by the American Society for Training and Development (ASTD) reveals organizations providing comprehensive training to their employees gain up to 218% higher income per employee as compared to those with inadequate training. Also, a study by the International Success Academy found that employee productivity gets increases by about 30% for every dollar spent on training sessions. Though organizations define a budget for the learning & development activities of their employees, the unstructured training approach does not use this allocated budget properly which results in delaying the overall business growth.
To keep pace with the changing times and competition, organizations are on a hunt to adopt LXP software that includes tools that promote fast upskilling through an engaging and user-friendly learning experience for their workforce.
How an LXP software helps in improving productivity?
LXP provides learners with a robust learning experience by offering them self-determined learning and access to a wide range of content and services, as well as the ability to share content across multiple platforms. The learning experience platform emerges as a solution that can solve the learning & development needs of any industry. Let’s read more to find out how LXP software helps with improving the workforce’s productivity.
Delivers Effective Training
While organizations fail to realize the impact of not providing regular & effective training on a timely basis. The employees are also unable to utilize their strengths while performing daily routine tasks. Here, LXP software plays a role in assigning training content as per the defined skill set both for tenure employees and new hires. The system allows users to choose training based on their choice or via recommendations.
Increases Employee Engagement
To ensure continued learner participation during the training session, it’s important to make this training more interactive. The combination of personalization and social learning creates a learning experience where employees are empowered and engaged in improving their set of skills. They can very easily participate in a group discussion or open a forum thread to interact with others. This self-directed learning leads to better motivation and engagement. Thus, there is an overall increase in employee productivity, satisfaction, work quality, and long-term knowledge retention.
Search and Recommendation Engine
The LXP software functionality allows the training managers to deploy training for any number of learners in a team or department, set individual goals and learning paths, check their progress, and track employee productivity. The search and recommendation engine makes employees life easier as they do not need to search in another platform to get answers to their essential questions and the use of a single platform saves their time and make them more productive.
Track Overall Progress
Timely assessment of the training completed, and analyzing their impact is also very important. LXP software helps to learn managers monitor and make inferences based on what other learning activities employees in their teams are engaging in and track their overall progress. Thus, timely feedback is shared with employees and as a result, they get to know the areas of improvement to increase their productivity.
To conclude, the workforce in any sector has been increasing as per the organization’s growth with each year passing. Thus, it becomes mandatory to upskill the existing workforce and side by side train new hires to have the maximum number of employees productive at any given point of time. The G-Cube Learning Experience Platform provides employees with a new set of opportunities to learn and upskill themselves. Hence, employees will feel more motivated, engaged, productive, and contribute towards the organization’s business growth. To know more about how an LXP software can help you to increase your workplace productivity, please reach out to our learning consultants today.