Learning and Development: Measuring Impactful Business Success

Learn To Quantify Results

Businesses struggle to quantify and connect the dots that impact results. Learning and Development (L&D) training does three key things and impacts business success.

Increasing your revenue

For instance, a sales training program helps them increase sales qualifying leads.

Decreasing cost

Get the new hires to a remarkable speed in a shorter period

Reducing risk

Save money by providing compliance training to reduce the risk of being breached or sued by the government.

Invest time in Learning

Firstly, L&D needs to collect feedback at the end of the training course and keep track of the course completion rates. One can outsource trainers to improve completion rates. The employees need to invest good time in learning. L&D courses impact their KPI and performance reviews, which influence business results.

L&D is the key to Organizational Success

Gary says an L&D team works closely with the Customer Success Manager and knows all the products in and out, understands the customers, how they are positioned, follows best practices, measures them, and much more. So, showcasing and sharing them with their peers proves the crucial role L&D plays in the organization.

Advance Career with L&D

Ask yourself these questions: What is in it for me? What benefit do I get out of doing this course? It is the role of the L&D team to showcase to the employees in the form of PPT how this course helps you increase sales, book more demos, and show the history of increased sales over time. Employees must be aware of the benefits they and the company get.

To advance in your career, position yourself well in the company, and succeed in your job, L&D serves as a critical driver.