EdCast Releases the Learning Health Index Study 2020 in Conjunction with Accenture, NSE Academy, DeakinCo and Human Capital Magazine

MOUNTAIN VIEW, Calif. and MUMBAI, India, June 23, 2020 /PRNewswire-PRWeb/ -- In the wake of COVID-19, with global companies now focusing on remote work and virtual learning, EdCast is pleased to announce the findings of its Learning Health Index (LHI) Study 2020. The EdCast Learning Health Index (LHI) Study 2020 covered 104 leading organizations in India. The research combines primary data of the learning health scores of these organizations with qualitative inputs gathered from leading experts from across the globe.

With an average LHI of 67 out of 100 for organizations in India, the report recommends improvements in required learning proficiencies, including learning systems and structures. For organizations to survive, grow and evolve, particularly in the wake of the coronavirus pandemic, learning and development leaders should focus on fundamental changes, according to this study.

The report reveals other important insights, such as low levels of adoption of modern learning technology and low connectedness of learning with an employee's overall development. This is a problem given the established link between learning development and organizational and individual growth. The complete Learning Health (LHI) Study and its findings are available for download here.

"With most companies now facing remote work and virtual learning challenges, skill development has become a global concern and key area of focus," says Karl Mehta, CEO and Founder of EdCast. "To address the talent gap, organizations have invested heavily in upskilling initiatives to build a future-ready workforce. Despite these efforts to boost employee productivity, the EdCast LHI study reveals that significant skill and learning gaps remain."

"Learning in organizations is still largely under-served and under-utilized, a finding highlighted by our study. Learning and development functions are still not operating as agents of transformation but need to be more than ever," says Nishchae Suri, President Asia Pacific, Middle East & Africa, EdCast. "The research indicates that 82% of organizations surveyed have under-developed learning ecosystems, which means there is still a lot of potential to be realized from instilling a strong learning culture."

Key highlights from the EdCast LHI Study 2020:

• Organizations are not leveraging technology for learning despite the availability of cutting-edge learning tools & technologies. Over 75% of organizations have yet to fully embrace technology in their skilling initiatives.
• From all sectors included in the report, IT and ITES report the highest learning health index (LHI) of 75. The lowest ranked are Telecommunications and BFSI with a score of 60 and 63 respectively.
• Organizations aspire to nurture keen and active self-directed learners, but 68% of them do not provide the right supportive environment and infrastructure required to drive employees to take ownership of their own development and cultivate everyday learning habits and behaviors.
• Designing personalized learner-centric journeys with a focus on driving engagement is high on the priority list of learning professionals, however, data shows that 91% of organizations do not consistently personalize learner journeys to accommodate individual goals, preferences and individual learning styles.
• Mobile First and 'Anytime, Anywhere' Learning has emerged as the top tech trend with 65% of the organizations already implementing it and 17% planning to do so within the next year.
• Most organizations recognize that for learning to really happen, it must be made available in systems and business applications which are used by employees to carry out their daily work. 34% of the organizations surveyed are already implementing this while 27% plan for its implementation in the next year.

"This new research shows how rapidly companies are growing their expertise in technology-enabled training," said Josh Bersin, Global Industry Analyst and Dean of Josh Bersin Academy. "Despite this progress, however, it also shows that many companies need help with the tools and skills needed to fully take advantage of the enormous potential of corporate learning."

Methodology:
EdCast surveyed 104 organizations in India. The LHI is based on a framework built on eight primary dimensions of learning that contribute to an organization's learning health. The framework includes a self-assessment tool built from an HR and L&D practitioner's point of view, covering key aspects that define a healthy learning organization. LHI is a survey based tool that enables organizations to benchmark themselves with their peers to ascertain their overall standing in their industry and market. The report includes interviews with 17 leading Global CHROs and CLOs from India, UAE, Singapore, Hong Kong, UK and Australia regarding key learnings, current and future trends, best practices and insights pertaining to learning and development. The study was fielded from April to May 2019.

The Partners for the Learning Health Index Study are Accenture, NSE Academy, DeakinCo & Human Capital Magazine.

For more details on EdCast Learning Health Index (LHI) Study 2020 visit https://www.edcast.com/ or email us at [email protected].

About EdCast
EdCast is the AI-Powered Knowledge Cloud solution for unified discovery, personalized learning and knowledge management across the enterprise, including work teams that are more remote and highly distributed than ever. Its award-winning platform is used internationally by Global 2000 companies and large government organizations, including NASSCOM and World Economic Forum, to solve the discovery and curation problems across all external and internal knowledge sources for all employees, wherever they are located. EdCast's offerings include its Learning Experience Platform (LXP), the EdCast Marketplace, and MyGuide. For additional information, visit http://www.edcast.com or follow us on Twitter @EdCast.

For more information, contact:
Shweta Pathak at [email protected]

SOURCE EdCast

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