According to the American Management Association (AMA), it is believed that the training and development sector is likely to be shaped further and expand much more than its current size, due to the modern trends prevailing right now.
The Association released a statement that states how employees today are far more knowledgeable about the role of training and development in their careers and are increasingly looking forward to tap into exciting opportunities within their organisations, through the various training modules that can help to enhance their professional abilities.
In addition, given the persistent impact of globalisation, increasing review from senior management and limited budgets in every organisation, every training professional must now adapt and anticipate to a new set of trends that will shape the future of training and development in the years to come.
Some of the important trends that will play an impact on the training and development industry in 2014 include:
- More demand for transparency. It is imperative that companies become more transparent about their practices and policies, which points out that even the training and development department is no exception.
This means that these days, employees are expecting substantial receptiveness from executives concerning functioning review measures, modifications in corporate strategies, opportunities involving career advancement and high-powered platform selection in order to succeed upwards towards management ascent.
- Greater scrutiny in coaching programs. Although training and development will continue to be an important tool in developing executive leadership, organisations will now demand clear success criteria from any form of corporate training engagement and expect real returns from investing in any such type of training and development.
- Re-emergence of basic training abilities. Due to the budgetary constraints and the recession that had plagued most global organisations, programs dedicated to building basic skills had taken a backseat in order to concentrate on extremely concentrated training modules which were short-term and ones which met specific business challenges.
The trend currently is a renewed demand for basic training programs meant to develop fundamental communication skills, critical and creative thinking, collaboration etc. amidst others that are important to enhance the productivity of employees.
- An increase in leadership programs thanks to globalisation. While large companies, with an international footprint have a global dimension in their initiatives for developing leadership, a greater number of organisations are now discovering that they must try to keep up or might lose the advantage of their position in an increasingly consolidated, contentious global marketplace.
- Organisations will build on employee loyalty with help of training programs. A greater number of establishments are experiencing high employee turnover and restlessness, which is causing them to turn to training and development programs to initiate close relationships with their employees. Turning towards human resources and training programs can help in improving the retention and engagement of high performing employees.
- Increased mobility of corporate learning. Making the best use of social media and online learning programs has now made training and development opportunities highly flexible and accessible for end-users, with the help of mobile and Internet devices.
As the world is rapidly changing in every facet, the world of training and development too is not far behind. Professionals involved in training and development must anticipate and stay prepared in order to respond to change in all its avatars.
The Author is an avid writer covering Topics related to Corporate Training and Certifications. He is currently contributing to importance of Lean Six Sigma Training, Agile Training, ITIL Training and NLP Training blogs.