A diverse group of SIOP members are serving as Trend Champions for the people-related work trends that SIOP members collaboratively predicted to be the most impactful in 2021. Each Trend Champion has expertise in and professional passion for their trend subject. SIOP appreciates their service to the profession in providing quarterly updates on their chosen topics.
Find the full list of topics and links to the other Top 10 Work Trends here.
Let’s face it; we are in a creator economy. The typical corporate Learning & Development functions offer prescribed and compliance learning solutions, but there is now an expectation that organizations offer user-generated content (UGC) as well. With people creating and consuming content every day on YouTube, TikTok, Clubhouse, podcasts, blogs, books, etc., they expect to create and consume UGC in the workplace. Thus, the modern learning organization must offer platforms that allow learners to deliver high-quality UGC, all under a clear governance policy. Consider investing in a learning experience platform that democratizes learning and supports UGC.
Skilling is still a very hot topic, and SkillsTech is an even hotter topic! There are academic definitions of “skills,” but the reality is that leading vendors such as Workday (with the Skills Cloud module) and Burning Glass (with skills market data) are driving the corporate definition of skills. Today organizations are struggling to define, assess, inventory, and report on skills to drive strategic workforce decisions. As Josh Bersin recommends, a skills system or record is required to drive decision-making. Explore EdCast’s SkillsDNA solution to address complex skilling problems.
Human capital disclosure is still top of mind for most learning leaders. As a reminder, effective November 2020, all US-based publicly traded companies now have to report the material value of their human capital. Current analyses of Annual Reports have shown that reporting is all over the board, and investors, employees, and prospective employees are having difficulty comparing human capital practices across organizations. Thus, the SEC will buckle down on disclosure requirements, and more precise requirements are coming soon, so stay tuned!
Here are some other key resources, related to virtual workplace learning I curated to provide more insights for SIOP members.
Book: The Next Rules of Work: The Mindset, Skillset, and Toolset to Lead Your Organization Through Uncertainty by Gary Bolles
Recorded Webinar: Stop the Sameness! Reimagining Virtual Experiences to Combat Disengagement
Fy21 Q4 Hot Topics To Watch
EdCast’s Future of Work Summit 2021
Webinar 12 October: Reskilling and Upskilling in a Hybrid World
The big COVID pivot finally brought corporate learning and development (L&D) to the table as strategic leaders and awakened the world to the true value of educators globally. The need to quickly upskill and reskill talent required rapid digital transformation in order to repurpose content aligned to new virtual learning strategies. We learned that we are agile, we can adapt, and we can make smart strategic decisions in a pinch.
Additionally, in the US, the recent Security & Exchange Commission’s mandate for public companies to report the material value of their human capital effective November 2020 was another opportunity for corporate L&D functions to step up as strategic leaders to demonstrate business impact. The SEC mandate was a surprise to many organizations, and they scrambled to publicly define the material value of human capital. We didn’t do such a great job in FY21Q1, but we will get better! Across the next few years, watch the explosive rise of human capital measurement consulting and platforms.
Taken together, the future of learning, upskilling, virtual training, and reporting the material value of human capital were hot topics in FY21Q1. Hot topics to watch in Q2 include more opportunities for virtual training and strategies for closing organization skills gaps.
Champion: Stacey Boyle, PhD
Stacey Boyle has over 25 years’ experience in L&D strategic consulting, serving as an executive advisor to CLOs and learning leaders. She is recognized as a thought leader and expert in delivering human capital measurement solutions. Stacey shares some of her best practices in her book, Be More Strategic in Business: How to Win through Stronger Leadership and Smarter Decisions, co-authored with Diana Thomas, former McDonald’s CLO. Dr. Boyle has a Ph.D. in applied behavioral studies – research and evaluation, an M.S. in psychometrics, and a B.A. in psychology from Oklahoma State University.
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