In 2022, we have lessons from 2021 combined with cautionary tales of catastrophic proportions from 2020. Looking ahead, we should take stock in the things we can proactively build today to manage a future catapulted into the unknown. Planning for the future can often feel daunting. 2020 and 2021 accelerated the future, forcing many people & organizations to pivot and question if their current way of doing things will still be applicable tomorrow. There is a degree of fatigue in the uncertainty, but there is hope in planning. The ability to move up priorities that are important makes you the master of your destiny.
This year, lay down the foundations to assess, reassess, improve & innovate your training. At the heart of your training programs should lie the fundamental business reasons why this training exists. Take a step back and ask yourself, how is training contributing to the organization? What are some of the ways training can improve the business? How can I quantify or show improvement in those areas? In our webinar, 3 key business objectives to align your training programs to in 2022 , we discuss how reducing risk, supporting your workforce, and extending your business are crucial drivers for 2022.
There is no one-size-fits-all approach to risk assessment. Compliance departments often have limited resources, applying the same approach to the entire organization, often leading to resources being spread too thin. Compliance risks typically include several areas such as data protection, export control, and anti-corruption law. As part of their risk assessment, companies should ensure that they understand the requirements imposed by all applicable laws and regulations. It is essential to stay updated with the latest guidance and enforcement policies.
With automation, time and resources are freed up to provide much greater insight into data, allowing compliance officers a chance to improve their program. It’s equally important to emphasize the consequences of inaction. Delaying compliance training or denying the gravity of the consequences of non-compliance should be addressed in your training programs. This can ensure both trainer and learner take the training with forethought.
If organizations successfully support their workforce, they will be better suited to extend their business reach. Expansion might involve adding new employees, increasing marketing efforts, forming partnerships, offering new products or services etc. Although growth can be a disruptive force, extending your business can offer advantages such as access to new markets, attracting new clients, increasing market reach, closer partner relationships, and more. An abrupt change in organizational goals and work culture may present a lot of difficulties for employees in adjusting to these changes. It is in such situations that leaders may have to step up to ensure the smooth transition of the business. It may also be helpful for them to undergo the change management process training for leaders, which might be helpful for mitigating business risks associated with dramatic changes.
In a report by the World Economic Forum (WEF), a strong need for an ‘upskill revolution’ in 2022 to attain and retain their workforce was predicted. While most organizations can benefit from supporting their workforce, organizations will see the most significant benefits when identifying priority areas and skills based on their company goals and vision.
We invite you to watch this OnDemand webinar to learn more about starting this new year with your business aligned with training priorities.