Employees and the C-suite agree. In the modern world of work, where many companies are still experiencing a massive talent shortage (despite a trend of mass layoffs in the tech sector), talent development continues to be a top priority.

A recent study highlighted by WhartonOnline found, for example, that:

·     92% of employees think having access to professional development is very important or important.

·     Employees with professional development opportunities have 34% higher retention. 

·     Employees with professional development opportunities are 15% more engaged at work. 

While employees see development as their ticket to professional and personal growth, many leaders see their ability to upskill their talent as being a critical means of competing now and in the future.

According to a 2021 DDI survey, more than 55% of CEOs believe that developing the next generation of leaders is their #1 challenge.

We recently had a great conversation with AmyGraft of Siemens and Lauren Kramer from JetBlue on this topic and how L&D leaders can give their teams the type of development opportunities that drive retention, engagement and improved performance. 

Not only is it important to employees and CEOs- for some L&D execs, it’s be the most rewarding part of the job.

Check out Lesson 4 from our Learning Leaders Series in the video below on how companies like Siemens and JetBlue use data-driven learning to help them more effectively “reskill, upskill, and future fit their teams.”

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To watch all 5 videos from the Learning Leaders series, click here.