This week we launch our fifth major study of corporate L&D and the results are staggering: 74% of companies tell us they are not keeping up with their company’s demand for new skills. This is a shocking statistic. Businesses spend $400 billion on training, content libraries, L&D technology, trainers, and learning consultants. If three-quarters of them are not keeping up it says we have billions of dollars of wasted effort. Well there is an answer, and it’s all about redefining the problem. Our skills challenge at work is not one of “learning” or “training.” Rather it’s a problem of dynamically sharing information, enabling people to explore, question, and apply new ideas. The traditional pedagogical paradigm of “training” is holding us back.
