Employee attrition has always been the most significant impediment to every industry, specifically the retail sector. The report published by the Bureau of Labour Statistics stating that the employee turnover rate was more than 60% in 2022 only emphasizes the seriousness of the issue. Moreover, 879,000 retail jobs still need to be occupied despite the… Continue reading The state of employees in the retail industry
Retailing says, “Don’t deliver a product, deliver an experience”. The retail industry is a dynamic and exciting sector, constantly evolving with new technologies and consumer trends. It plays a vital role in meeting the needs and wants of consumers, providing jobs and generating revenue for local communities. Retailers are increasingly focused on sustainability, diversity and… Continue reading How Omnichannel Is Changing The Retail Training Landscape
Summing Up The Current Scenario Since the year 2019, the world has witnessed catastrophes back to back from Covid- 19 pandemic, the Great resignation period and AI technology disruption. No wonder, these economic crisis events have led to the widening of skill gaps in the technology industry as a whole which will worsen in the… Continue reading A Quick Guide To Bridge Your Organization’s Technical Skill Gaps
Why do we need to focus on employees’ skill development? It has become common for the organizations to provide e-learning resources at every juncture for their employees for professional growth and development. Almost 38% of employees want relevant training that will help them increase their work productivity and job performance while 32% want training that… Continue reading Guide to Develop an Effective Skill Development Program
Covid-19 has brought many global organizations to a standstill. Even after two years, they are still reeling from its aftereffects. And now, organizations are preparing themselves for the upcoming recession, which is predicted to bring more devastating consequences. To lower the overall impact and survive in such hostile market forces, organizations are now adopting cost-cutting… Continue reading How can Organizations Overtake Upskilling Challenges
“learning is not attained by chance, it must be sought for with ardor and attended to with diligence”- Abigail Adams A congruent learning leads to the comprehensive development of an organization and it is attained by the expedient efforts in mapping and escalating the competency of the compeers. Now, as an L&D wizard, you must… Continue reading Competency Mapped Simulation – Design Approach
Change Management is a set of practices that helps guide organizational change to fruition, from the initial stages of planning and preparation, till implementation and resolution. An effective change management process ensures seamless transition from current to future state. Every step involved in the process has its own importance and therefore it’s crucial to understand… Continue reading Change Management
Competency Assessment provides visibility and intelligence on the individual’s proficiency level against the requirements to accomplish a task. It helps quantify the skill gaps and create the action map to drive consistent improvement. Read more: Competency mapping and assessment platform
A business’s performance is primarily influenced by its leadership, especially in this digital realm. Because of the speed of change, today’s leaders must be both active and responsive when faced with difficulties. Leaders who can manage digital technologies are essential for businesses that wish to grow and expand. In other words, companies want personnel who… Continue reading Essential leadership competencies for the new digital era
To help the company grow, it’s critical for every organization or corporation to evaluate and analyze performance and effectiveness across teams and individual personnel. As the old adage goes, “what gets measured gets done” thus identifying and assessing effectiveness, particularly employee capabilities, is critical. However, it may appear challenging to assess how well your workers are performing… Continue reading Competency framework – A roadmap for organizing occupations, responsibilities, and competencies.
