Offbeat
Monthly publication/newsletter giving you insights on the latest things that happen in the Learning & Development Space.
Nifty Learning SRL
Bd. Carol I, nr. 23
700507 Iasi, Romania
RO37878850
J/2124/2017
Highlights:
* Business Acumen is a combination of skills and knowledge that, summed up, explains how well an L&D professional understands the business they operate in. Having Business Acumen means understanding how that business makes money, what it spends money on and what drives business performance.
* L&D’s role is to support business performance either by driving down cost or driving up revenue through skills and know-how development.
* Having Business Acumen builds organizational trust in L&D.
* L&Ds don’t typically have this know-how for two main reasons: the main focus of L&Ds professionals is psychology-oriented, and the business’ expectation of L&D is to execute upon request rather than to advise.
* To acquire Business Acumen, L&Ds can: expose themselves to the operational and financial teams’ work, take part in projects to practice business-specific skills, or learn about the industry from external sources (i.e., domain research papers, articles, podcasts).
* Understanding business metrics and KPIs directly from operational and financial teams is essential for building them into effective learning interventions.
* Prototyping learning interventions together with operational and financial teams ensures a close connection between business growth and learning.
* Measuring the impact of a learning intervention is easier when you build business KPIs into learning program prototypes.
* Understanding what drives a domain, a business, or an employee is the best way to exercise the support role that L&D has towards an organization.
Business Acumen as a form of knowledge:
– Understanding the business model
– Knowing the drivers of profitability and cashflow
– Understanding the interdependencies of the various business functions
Business Acumen as a skill:
– Knowing how to act based on the information above
– Proposing and implementing L&D solutions that fit the need identifies
– Forecasting the impact of these solutions and measuring results
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Our guest is Lavinia Mehedintu, People Experience Manager at eMAG, Eastern Europe's largest e-commerce website, and co-founder and content curator at Offbeat, the digital platform of actionable resources exclusively dedicated to L&D professionals. Together we cover some of the most important aspects of working in Learning & Development, from topics like workplace psychological safety to understanding L&D metrics and analytics. Each episode has actionable advice that you can start implementing TODAY.
Create and maintain your company’s catalog and advertise it to your employees. Assign courses and pre-work, manage materials, and configure all of the pre-requisites for a specific course.
Have a real-time overview of your training plan. Create, schedule, and track in-person or remote training events. Register participants, mark attendance, and automate the pre- and post-event communication.
Forget about manually managing your waitlists and approval flows. Your L&D team doesn’t need to constantly go back and forth to handle last minute cancellations and unresponsive managers.
Move as fast as your organization needs you to. Plan training events rapidly by looking directly at the real-time training requests submitted by your department, line managers, or learners.
Automate communication with learners. With our beautifully designed training newsletters, your learners are notified about new opportunities for learning and professional development.
Gather in-the-moment feedback from your training participants, to get actionable information that improves your learning offer and to get more engaged audiences.
Track training event expenses in real-time. Add delivery costs, venue fees, and others as soon as they are paid, so you don’t have to go through piles of paperwork later. Extract info such as price per learner, business unit budget, cost breakdown, financial efficiency, etc., in seconds.
Use learning items as building blocks to create targeted learning programs. Organize your learning content to satisfy a multitude of business requirements (such as a new job role, a program that the employee must go through).
Publish your learning materials (SCORM, PDF, video, etc.) and send them to your learning audiences.
Assign learners to custom groups automatically, so they have access to the right learning at the right time.
Instantly see and share the data that matters with the help of automated reports. Gain visibility over your training operations using fully detailed reports.
Get a real-time overview of what’s up, what’s next, and what’s left to do for the L&D department. See the data change over time in Nifty’s intuitive Analytics dashboard.
Navigate local, national, and international learning requirements with automated tools and reports that take the effort out of compliance, wherever or whoever you’re training.
Simplify your team’s user management and access.
Securely manage your most valuable asset. However large or small your training database is, we’ve got the controls in place to handle your employees’ training data safely.
Our dedicated product specialists will have your teams up and running in days, not months — and will keep being available to answer questions at any time.
Every Nifty Learning customer has access to our Customer Success team to create, build, and deploy great learning experiences.
We provide an integration API, and we can integrate with any of our customer’s 3rd party systems (HR system, ERP, CRM, calendar, room booking system, content provers, learning platforms, etc.) to provide a seamless merge between our platform and your current tech stack.
The platform allows the L&D manager to decide how much of the workflow can be automated.
Either fully automated actions, where the L&D manager only adds a new session and the platform does the rest until completion, or manually managing each step of the session management process.
