Companies increasingly invest in big data to give them a competitive edge in corporate decision-making processes. Simply collecting volumes of information, however, doesn’t help your business achieve much. Instead, it’s important to invest in analytics tools that can present information in a useable and practical format.
As the availability of big data grows, so do its applications. In fact, 63 percent of small- to mid-sized businesses already have big data projects scheduled, as do 80 percent of corporate enterprise environments. Many of these projects relate to big data’s role in business training.
Identifying Training Needs
In the age of international business and global competition, organizations can struggle to identify the training topics and tactics that supply the best return on investment for every dollar spent on corporate education.
Big data, together with the right tools, can reveal precise training needs. Training managers can use big data to learn about and fill the gaps in organizational skills and knowledge and select the best methods to teach employees at every level.
When you use big data to improve training in your business, you will also gain insight into the most effective curricula and platforms for helping employees develop the necessary abilities to strengthen your organization. Big data can also differentiate among people in various roles and backgrounds in your company who need to learn the same material but in different ways.
The targeted approach to training that big data makes possible affects every level of a company. Big data can track the progress of every employee and continuously refine tactics to address individual needs. Some learners excel in a traditional classroom. Others learn better using roleplaying tactics or advanced educational technology. Either way, big data insights can improve training by putting all available technologies to work in support of organizational goals.
As employees engage in training, data from exams and other performance assessments contribute to the pool of available data. All of this information can then improve detection of weaknesses, enabling training organizations to make immediate changes to a particular user’s curriculum. The continuous improvement made possible by big data will ensure that no staff member ever falls behind in the development of the knowledge and skills necessary for their present and future roles.
Now that the cloud has become commonplace in the business world, training organizations can leverage new technologies for mobile and remote training and education. The flexibility that the cloud provides makes it possible for employees to participate in corporate training at their convenience while traveling or at home.
As your company adapts the cloud for employee training and development, you will likely see new opportunities to add other sustainable components to your workforce. The cloud has dramatically simplified everything from flexible scheduling to telecommuting, giving you a chance to reduce your environmental footprint and overhead costs while increasing employee satisfaction and performance.
Expectations for the Future
Two of the biggest current business trends – sustainability and big data – suggest that the future holds much potential in streamlined operations and increased profitability. Companies have discovered the vital role of training in organizational success. Big data will fuel that trend.
Big data can give your business important advantages in management and decision-making that can increase your profitability and relevance in a global marketplace. Specifically, big data can improve your business training efforts by providing a dynamic framework for the individualized development of knowledge and skills throughout your organization.
As you look forward, expect big data to have an even greater effect on your corporate education agenda as you supply learning and development via cutting-edge technologies, including the cloud. As a result of the ability to precisely equip every worker on your team, you will see your company evolve into a dynamic business that can easily adapt to changing industries and markets.
Jill Phillips is a freelance writer and tech enthusiast from Buffalo, NY, who loves to share her insight on various topics. Connect with Jill via Twitter @jillphlps.