Corporations have come to grasp the emphasis behind learning and development plans with the average shelf-life of a skill being five years, and the largest reason for employees to leave a position is lack of career development. The need is there, and we understand it, yet only 8% of CEOs say they see a business impact from learning and development plans and only 4% report a real ROI from the programs.
For HR, this will increase difficulty in receiving executive funding. There is a lack of quality measured data. The solution is a performance management system that gives you that data.The solution to a lack of quality data is a #PerformanceManagement system with data collection capabilities. Read how here:
In this video, we cover:
Start identifying and fixing gaps with our video below on stage seven in talent management.