Organizations that have a clear line of sight between their business strategy and their investment in learning and development are better able to demonstrate the value of their learning spend. They invest in and develop skills, knowledge and abilities that best support the strategic direction and operating goals of the organization.
Linking learning and business strategy »
- Identify the Learning & Development Value Chain.
- Develop the skills, knowledge, abilities and other characteristics that will directly support the strategy of the business.
- Create robust links between business strategy and L&D strategy.
- Develop the metrics to measure and evaluate the Return on Investment (ROI) from L&D investment.
- Provide the management information required to support the strategic impact of L&D investment.
- Run L&D with the same business disciplines as the larger organization.