5 reasons why you need to shift to a Unified Learning Experience Platform

Want to retain top talent, boost productivity, and increase employee engagement? Delivering successful learning programs is the key! 

According to LinkedIn’s 2024 Workplace Learning Report, 8 out of 10 employees say learning adds purpose to their work. 7 out of 10 employees say learning “improves their sense of connection to their organisation.” So, as an L&D manager, your goal is to ensure that your employees make the most of your training programs. 

Unfortunately, traditional employee training techniques fail to bridge the gap between what employees learn and how they apply it. Not only does this gap inhibit productivity, but it also negatively impacts employee satisfaction and performance. 
So, if you’re looking to change your traditional employee training techniques and increase employee retention, you’ve come to the right spot. This article will discuss how a Unified Learning Experience Platform (ULXP) can benefit your organisation and employees.

5 Ways a ULXP Can Benefit Your Organisation & Employees

1

Improve Hiring

There is intense competition for competent individuals in certain organisations and specific roles. Hiring the best candidates is impacted by communication lapses with qualified prospects and a lack of tools to move the best candidates through the process. 

An agile recruiting process depends on procedures and technologies that support workforce planning, sourcing, applicant monitoring, and analytics. By using a ULXP like Techademy One, organisations can easily monitor and manage candidates and track their progress during the hiring process. 

2

Promote Employee Engagement

In the era of hybrid and remote teams, employee engagement at the workplace matters more than ever for both companies and employees. Learning experience platforms remove the uncertainty surrounding career growth, saving employees from having to guess what to do next and encouraging them to maximise their potential at work. 

Leading HR analyst Josh Bersin asserts that a leader cannot afford to undervalue the potential of their workforce.

“I don’t believe this quiet quitting stuff, I don’t buy it,” he says. “Most people, in my opinion, go to work hoping to accomplish great things for their teams and themselves. All they want to know is where their time should be spent.”

Josh Bersin

HR analyst

Top ULXP systems offer resources to break down the knowledge gaps employees must fill in order to be eligible for this chance, as well as the abilities needed for a particular function. Using advanced data and analytics, Techademy One provides detailed comprehension of a role’s ability level, which helps managers and employees stay in sync when it comes to professional growth.

3

Enhance Productivity

According to Slack research, there is a noticeable gap in productivity and efficiency between employees who connect the objectives of their organisation to their own personal career goals and those who are unable to do so. Employees in the latter type feel disengaged and operate in silos, whereas those in the former group are driven to act and give their organisations their all. 

A Unified Learning Experience Platform like Techademy One allows employees to work in tandem with their managers to create goals aligned with their aspirations and the needs of the company.

4

Reduce attrition rate

Because turnover metrics offer many indicators of shortcomings throughout the talent acquisition process, they are incredibly essential. All industries have an average turnover rate of about 10%, and replacing a single person might cost anywhere from half to double their yearly salary

According to estimates, the annual turnover and replacement expenses of a 100-person organisation paying an average salary of $50,000 could reach $660,000 to $2.6 million. 

Techademy’s Unified Learning Experience Platform enables the collection, simple tracking, and analysis of data, such as manager turnover, demographic trends, and more, that can identify reasons for attrition.

5

Data-Driven Decision Making 

Real-time data and analytics are the main differentiating factors between organisations that are snuggling and those that are thriving. Analytics provides valuable insights into workforce performance, enabling organisations to make informed, data-driven decisions that extend beyond identifying successors and filling critical roles. 

Real-time data allows for swift adaptation to changing circumstances, facilitating agile talent management strategies. By leveraging AI-enabled tools like Techademy One, organisations can adopt a data-driven approach by identifying trends, forecasting future talent needs, and optimising their human resources to align with broader business goals.

How is Techademy One different from an LMS and LXP?

Combining the best features of both LMS and LXP, Techademy One serves as a platform that connects performance and growth opportunities focused on skill development with talent and learning management. 

A learning management system (LMS) automates the steps involved in providing, allocating, and documenting the training that teams require. The LMS focuses only on administrators managing formal learning to fulfil business goals, even as features and functionalities have progressed. 
In contrast, a Learning Experience Platform (LXP) emphasizes the employee experience, enabling self-directed learning and promoting community-based learning. A successful LXP facilitates collaborative learning, provides individualised learning recommendations based on learners’ goals, and fosters ongoing skill development.

Techademy One combines the power of LMS and LXP to produce tangible business outcomes. 

Why should you choose Techademy One?

Our platform, Techademy One, weaves the entire talent lifecycle management — from hiring to retirement — into a single solution. 

With features like AI-powered analytics, personalised learning paths, and access to a vast resource library, Techademy One enhances the learning experience for employees while providing employers with robust tools to manage and develop their workforce effectively.