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2023 Unwrapped: Big Headlines, New Research, and Emerging Strategies

Degreed

So we’ve compiled some of the big headlines, new research, and emerging strategies you can unwrap for L&D in 2023. But early in 2023, Degreed quickly realized the colossal impact shrinking budgets were having on L&D departments. If you’re anticipating a reduced budget for 2024, we’ve got resources for you.

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There’s a CLO in all of us

CLO Magazine

Nurturing customer centricity The idea behind thinking like a CLO is derived from the importance of fully understanding what the customer wants. Expertise alone is not enough these days for us to become a true learning partner to the business. Especially when it is year-end and people are rushing to use up their training budget.

CLO 41
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Future-proofing learning: Prioritizing L&D in budgets

CLO Magazine

Over the last few years, L&D budgets have increased. And, according to BetterWork Media Group’s 2022 State of L&D Analysis report, nearly two-thirds of the 558 participants believe their budgets will increase over the next 12 to 18 months. Why did budgets increase? What are the things that they’re looking to solve?’”

Budget 47
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How to protect your learning budget amid current uncertainty

CLO Magazine

Yet, given the growing uncertainty about the economic climate and possible recession, many organizations are reassessing their budgets across the board. History has often seen learning and development as one of the first budgets targeted. CLOs must take them out of this to show them the mid- and long-term impacts of their choices.

Budget 97
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Speaking the language of your business peers through the right success metrics

CLO Magazine

Savvy business leaders know that moments of crisis provide an opportunity to innovate and emerge stronger. Instead of hunkering down and waiting for the storm to pass, the best businesses learn to ride the waves to get ahead of the competition.

Metrics 99
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How to Become a Digital CLO

CLO Magazine

At the same time, new technologies have emerged to enable learning to happen at the point of need via mobile phones, wearables and cloud-based learning management systems. She said her biggest shift came in the early 2000s, when the economy was struggling and budgets for corporate travel dried up. “We Be a Change Agent.

CLO 73
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The leadership coaching revolution is here

CLO Magazine

A recent industry research study conducted by Sounding Board and Chief Learning Officer, the 2021 Leadership Coaching Report , revealed more than 70 percent of organizations offer some type of leadership coaching, and another 22 percent would like to offer leadership coaching but lack the budget and resources. So what has changed?

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