Why Learning & Development is a Never-Ending Process
“Change is the law of life. And those who look only to the past or present are certain to miss the future,” said John F. Kennedy.
Change is guaranteed, it is an inevitable fact of daily life. The recent pandemic has certainly opened our eyes to the drastic changes that are happening in the present and their future trajectories. As social and corporate interactions move online overnight, it is clear as day that the digital age is here to stay, which means that every single person needs to adapt and build skills that can thrive in a soon-to-be, digital world. This is exactly why having the skill to learn, unlearn, and relearn is imperative to acquiring new skills or knowledge.
Other than the inevitability of change, this article aims to explore six other reasons for the never-ending process of learning and development.
Keep Up with the Times
No one possesses skills that won’t need upskilling or reskilling within the next ten years. In fact, almost 70% of all skills will become obsolete within 18 months, which means ongoing learning for current employees will be more than necessary to keep up with the latest job requirements. Not only that, add fresh or recent graduates into the mix and you’ve got yourself a tough competition within the job pool, which requires current employees to keep learning new skills to stay competitive with younger, fresher candidates.
According to LinkedIn’s 2019 Workforce Learning report (source), 94% of employees say that they would stay at a company longer if it invested in helping them learn, which means that the quality of learning and development is a determining factor in employees’ career decisions. Keeping a healthy employee retention rate is important due to the fact that a high turnover rate does have negative effects on the company’s hiring and training costs, and also existing employees’ morale, which could potentially impact the company’s profitability in the long run.
Maintain Cognitive Flexibility
As learning takes place on a frequent basis, learners’ brains are trained to receive, store, and implement new information. The more topics that have been learned will increase the capacity and inventory of the brain, which will make it easier to adapt to new situations. Cognitive flexibility is also linked to higher mental resilience when facing negative or difficult situations in life. With more usage, the brain is less susceptible to neurological diseases in older age, which counts as another health benefit of constant learning.
Maintain Pyschological Stability
Learning new skills that learners enjoy can help cultivate better self-esteem and self-efficacy. As the saying goes, “Knowledge is power.” Most of the time, learners will feel empowered and realise that they are able to improve themselves, which will increase their belief in their own abilities and boost their confidence levels. This is especially true in a corporate or professional setting, where learners are able to apply their newly acquired knowledge and possibly help them further their careers through praise, promotion, or bonuses.
Opens Up New Possibilities
The broader the skills and knowledge pool, the more options learners will have when it comes to their future endeavours. According to LinkedIn’s 2021 Learning Workforce report (source), 82% of L&D professionals agree that engaged learners are more likely to find new roles in their organisation. No one is too important to start learning anything new, for example, a marketing manager may be the best in marketing and will keep updated on new innovations within their field, however, what if they start injecting elements of other fields that could potentially broaden the manager’s perspectives and increase their efficiency within the role? After all, job descriptions and career trajectories don’t always have to be linear. Learning helps keep all options open for pursuit if one chooses to.
Not only does learning broaden learners’ horizons, but they are able to meet new people, gain different perspectives, and form networks all over the world. Networking has proven to be effective in building careers, with Fox Business claiming that networking contributes to around 70% of all job requirements. Statistically speaking, this means that the wider an employee’s network is, the higher probability that they will be able to move up in their careers.
In this article, Cahoot Learning specifies the six main reasons why learning and development never ends. The benefits of learning encompass different aspects of life, from professional networking opportunities, keeping up with the times, maintaining employee retention, to positive psychological and cognitive effects.
Cahoot Learning creates an enjoyable active learning experience that is deeply engaging and drives mindset shifts and behavioural change. As an online learning community platform, we are more than just a learning management system. We foster the Culture of Learning by designing online classes and adult education courses that equip people with the skills of the modern age and how to learn unlearn relearn. Cahoot Learning keeps learning accessible, collaborative, interesting, and fun!
Create exceptional active learning experiences with us today.