With the beginning of new financial year, HR and L&D teams start preparing the nuances for training for the following year. Some follow ‘Calendar Approach’, while others follow ‘Need-Based Approach’, whereas some of them take up ‘Continuous Learning’.
We at ConTeTra also gear up to meet the requirements of our clients and present them unique, innovative, and most effective solutions for their learning needs. Based on discussions with several of my friends in HR and Learning Space, I can spot the top #3 trends on their minds as far as learning goes in 2019.
#1. Back to Classroom:
With several legal & compliance changes happening in recent past, lot of functional training would be needed to be carried out. New Accounting Standards (IND AS), GST (Goods & Services Tax), GAAR (General Anti Avoidance Rules), Transfer Pricing, International Tax, BEPS (Base Erosion & Profit Shifting) and many more changes will require the functional teams to undergo old school classroom training to upgrade themselves. Since this is a very serious area – no HR or L&D functional head can afford to take chance on innovating learning methods.
#2. Nomination to Conferences:
With the central government opening newer doors of business opportunities for Indian & multi-national companies, HR & Learning folks being business partners, are more likely to nominate people seeking opportunities to attend the conferences organized by government bodies. This year, ‘Make in India’, ‘Skill India’ & ‘Digital India’ would attract a lot of participants. The Corporate & Divisional HR & Learning teams are allocating handsome budgets this year for taking full advantage of new business opportunities.
#3. Newer Mediums of Learning:
From a plain vanilla conference call to a full-blown E-Learning & M-Learning is going to be the mantra this learning season. The primary reason is to optimize the investment in training and bring about more effectiveness. A good share of training budget which was earlier spent on travel & stay would now get channelize into more investment in newer mediums of learning, where the UX (User Experience) of the learner would improve & tools for measuring effectiveness with better UI (User Interface) are being developed as we speak of this.
So, what are your thoughts on the same? In case if you are not in HR or Learning, share your views to help them shape the learning plan. And in case if you are in that space, let your people know what is on your mind.
For more information on Training Programs and their effectiveness, kindly visit www.contetra.com
The author of the article is Vishal Thakkar, a best-selling author of many books published by CNBC TV18 & is an adjunct faculty for Global Family Managed Business Program at S P Jain School of Global Management, Dubai, Mumbai, Singapore & Sydney.