The days of basing huge business decisions on the “gut feeling” of the CEO are quickly disappearing. Instead, many businesses are turning to big data to help them make better decisions. Many businesses large and small are investing in analytics tools and the staff to utilize them to aid in decision making. An IDG 2015 study showed that 80% of enterprises and 63% of small businesses have used big data or are planning to deploy it in the near future. Big data can be especially useful in the area of employee skill development. By looking at key metrics, companies can make better decisions for corporate training and save themselves a lot of time and energy along the way.
Identify Training Needs
By utilizing big data, HR managers can see exactly where they stand as an organization. They can see where they are strong and where they could use some work at a glance. With this technology, HR managers can determine the best path to take before they engage in a training plan. They can look at specific courses that would benefit the most, see which skills most need to be developed, and match them up to specific courses.
Data can also be used to choose the best type of training for their employees. Should they utilize online courses or would face-to-face training work best? Some companies go with a blended approach depending on their employees work schedules and locations. This can also help you choose the best delivery method for training. Depending on the organization, video, hard copies, online mobile device access, or verbal training might be best.
After the proper training methods are chosen, big data can also help to provide a more individualized approach to training. HR managers can quickly see where their strengths and weaknesses lie and then adjust the training plan accordingly. As the training is being implemented, it can also keep track of progress and see exactly what’s working and what’s not. HR managers can then create more personalized training curriculum that employees find more engaging. By utilizing education technology, trainers can make the program more personalized and achieve better results.
Data specific to the learner such as exam results can be combined with demographic data to help identify problem areas faster. HR managers can then intervene when they find something that needs to be improved upon. This can also help you identify which types of training modules work best for specific employees. This helps with efficiency in training in future courses.
One of the major advantages of training with the use of big data is that the programs can constantly be improved upon. By analyzing how learners interact with modules and how well they learn from them, they can see which modules are most effective. When courses are implemented with cloud technology, data can be accumulated and examined in real-time. This allows for instant course correction when something isn’t working.
Cloud computing has also lead to unparalleled mobility in the workforce. This means more employees are working and training remotely and from mobile devices than ever before. Cloud computing has made it easier for employees to enjoy the benefits of working from home and remote education. When companies can collect data over a large number of users in real-time, it helps them make broad assumptions about training programs.
Expectations for the Future
Big data and sustainability are two business trends that are emerging across the business world. These allow companies to continually improve while at the same time cutting costs. In the past, training programs involved a great deal of trial and error and it took a long time to make corrections. By trying things and adjusting in real-time, companies can get to the mark much faster and more profitably.
By focusing on sustainability and corporate responsibility, companies can succeed in today’s business landscape while also making a profit. By utilizing big data and mobile solutions, employers can operate more efficiently and with less overhead. Employing a mobile workforce leads to fewer resources being consumed overall. By paying attention to future trends, you can align your company correctly and be poised for success over time.
Big data has the potential to help many organizations train their employees more effectively. It is the key to better training by using in-depth analytics and more efficient processes. It also allows for constant and continual improvement as opposed to inconsistent gains. With the help of big data, a company can more easily analyze trends and then make the necessary internal changes to capitalize on those trends over the long-term. Big data has the potential to help companies in many different areas while at the same time cutting costs. While we’ll never fully get away from human intellect making decisions, big data advancements can help humans make better decisions.