Multiply Learning Successes with This Number-Backed, Modern Approach

• 2 min read

Change as the Cornerstone of Survival: 3 Stats Supporting Modern Learning to Survive in Business

“It is not necessary to change,” engineer and management consultant Edward Deming once supposedly opined. “Survival is not mandatory.”

Whatever your opinion on change, the remark is valid — as a business, survival is probably in your interest. Competitive businesses need to change, grow and evolve in order to retain relevance and cultivate innovation. And relevant, competitive businesses need relevant, competitive learning and development programs which also need to change and grow in order to prosper.

Is there value in 70:20:10 learning model?

It’s a central concept in our soon-to-be-released white paper, Beyond the LMS: Modernize Your Corporate Learning Programs by Supporting Social and Informal Learning. The paper tackles the differences between traditional learning approaches like classroom-based training and instructor-based learning and modern, progressive approaches like informal learning, including the often-discussed 70:20:10 framework, which we’ve discussed here extensively.

While modern approaches like 70:20:10 continue to be widely adopted and have demonstrated value for many organizations, some have questioned whether the approach is truly effective. But as we cover in this paper, there’s a lot of evidence and case studies out there suggesting this approach almost always leads to better training outcomes.

Modern learning’s potential, by the numbers

For example, in a report by Charles Jennings and Towards Maturity, there’s data showing that, of the organizations surveyed that have embraced a 70:20:10 learning framework:

  • Almost 75% have seen improvements in both processes and efficiency.
  • Nearly 65% have reported improvements in overall productivity.
  • All were five times more likely to attract and retain talent, a key ingredient to culture and employee engagement.

It can be tempting to do training ‘as it has always been done,’ but the numbers show that adapting to the times and changing and revitalizing learning and development programs is fundamental to success, growth and survival. No, it’s not mandatory, but if improving is in your business’ interest, your training programs ought to come along for the ride.

Before you take your learning program into the 21st Century with our upcoming white paper, try a free two-week trial with Docebo today.