Big Data, Better Learning? How Big Data is Affecting Organizational Learning



Similar documents
Big Data. How it is Transforming Learning and Talent Development

Elevate Customer Experience and Engagement in the New Digital World

How To Listen To Social Media

THE STATE OF Social Media Analytics. How Leading Marketers Are Using Social Media Analytics

GOVERNANCE MOVES BIG DATA FROM HYPE TO CONFIDENCE

MEASURING THE IMPACT OF TRAINING: A FOCUS

Sales Process White Paper

Twelve Ways Healthcare Organizations Are Enhancing Patient Experience. A WBR Digital ebook

Master Your Metrics: An Expert Guide To Marketing Measurement And Analytics. Ray Coppinger Senior Marketing Manager EMEA,

Leveraging enterprise data and advanced analytics in core operational processes: Demand forecasting at Cisco

GE Capital The Net Promoter Score: A low-cost, high-impact way to analyze customer voices

Digital Analytics Checkup:

SALES & ACCOUNT MANAGEMENT TRACK

Post-Sales Engineer/ Implementation Specialist Job Description

Leadership Development

How To Develop A Global Leadership Development Program

Zodiak : The Game of Business Finance and Strategy. Business Acumen Training for Managers, Employees and Sales Professionals

The Business Case for Using Big Data in Healthcare

How Predictive Marketing Analytics Boosts B2B Business Performance

Rasmus Aaen Madsen Senior Director Product Marketing SuccessFactors (an SAP Company)

Job Posting Manager, Digital and Online - HQ

Motorola Sales onboarding program

Survey Results: Delivering Virtual Instructor-Led Training (VILT)

Unleashing Potential. Building a Career Development Culture to Drive Employee Engagement. Jeneane Blom Senior Consultant Right Management

Training Alignment Team: General recommendations on certification

Twelve Initiatives of World-Class Sales Organizations

Strategy Leadership Talent Culture Market. HR Leadership Development Program Pulse Survey Analysis

The Next Frontier in CRM Analytics Oracle Transactional Business Intelligence Enterprise for CRM Cloud Service

Current learning trends in Europe and the United States

Getting Successful with marketing automation - more than technology

Perfecting the Formula for an Exceptional Customer Experience. an MHI Global webinar with TrainingIndustry.com

4 Steps to Creating a Successful Social Recruiting Strategy By Sharlyn Lauby, SPHR, CPLP

Customer Centric Banking. June 2014, IBU Banking, SAP

Measuring your most important Asset: Human Capital

Supply Chain Talent: A Broken Link in the Supply Chain

IBM Global Business Services Microsoft Dynamics CRM solutions from IBM

Evaluate Digital Digital Marketing Strategy

Content Management Guide

recruitment & human resources organizational analysis review & industry best practices

Job Title: EPIC Consulting Practice Director. Organization Name: Innovative Healthcare Solutions, Inc. About the organization:

Achieving Business Analysis Excellence

InfoGlobalData specialise in B2B Lists and Appending Services.

Management Fundamentals in Healthcare Organizations

KQED Creating a Culture of Innovation through Operational Alignment

White Paper from Global Process Innovation. Fourteen Metrics for a BPM Program

Disrupt Your Onboarding: Wake Up, Shake Up and Rebuild Your Onboarding Experience

Customer Experience Management

Sourcing Gets Smart. Revamping Strategies, Rethinking Technology. April 2012 Madeline Laurano

VP Sales Enablement Strategy

UTS POSITION DESCRIPTION UTS:HUMAN RESOURCES

It s Time for Collaboration in the Center

The Marketing Automation Value Guide. Transforming Your Business with Pardot, B2B Marketing Automation by Salesforce

Plus, although B2B marketing budgets have increased, the number of channels may far surpass what you can do with your budget.

The Search for Human Capital Management Tools: What fits your organization?

Social Media Strategies for Learning & Development and Talent Acquisition

Developing Metrics That Drive Growth and Profitability

Build Better Social Relationships and Realize Better Results

STATE OF B2B SOCIAL MEDIA MARKETING 2015

Using Social Media for Talent Attraction

Workforce Planning: Strategic Insourcing Is Your Competitive Advantage!

DATAMEER WHITE PAPER. Beyond BI. Big Data Analytic Use Cases

Talent DNA that drives your business

Patient Relationship Management

Vice President Sales Operations Job Description

HMG Corporate Development Team.

Employee Engagement Drives Client Satisfaction and Employee Success in Professional Services

Thank you for your interest in becoming a Mentor to one of our Generation Gold Employees.

Onboarding. Design Build Attract

Oracle Fusion CRM Fixed Scope Cloud Implementation Offering

INTEGRATED SALES LEADERSHIP

Improving Sales Pipeline Performance Through Enhanced Visibility

SALES EXECUTION TRENDS 2014

Transform Inbound Contacts Into Profits: Best Practices for Optimizing Lead Management.

NICE MULTI-CHANNEL INTERACTION ANALYTICS

GUIDE TO THE. 12 Must-Have KPIs for Sales Enablement

Professional Diploma. in Digital Marketing

Get the Most Out of Social Media to Stay Ahead of Your Competition and Win More Business. February 19 th, 2015

An Executive Primer To Customer Success Management

MEASURING MARKETING AUTOMATION ROI FOR FINANCIAL ADVISORS

The Future of HR in Europe Key Challenges Through 2015

Develop the skills, competencies, knowledge, and job skills of your employees to improve revenue per employee, retention, & engagement.

4How Marketing Leaders Can Take Control of Data for Better

Transcription:

Big Data, Better Learning? How Big Data is Affecting Organizational Learning June 17, 2014 Sponsored by: Carol Morrison, Senior Research Analyst, i4cp Jenny Dearborn, SVP and Chief Learning Officer, SAP

Thank You to Our Sponsor! www.synermetric.com

Presenters Carol Morrison Senior Research Analyst Institute for Corporate Productivity Jenny Dearborn SVP and Chief Learning Officer SAP

Who We Are i4cp discovers the people practices that drive market performance. 2011, 2012 and 2013 SAP AG is a world leader in enterprise software and software-related services. HQ in Walldorf, Germany; locations in 130+ countries; 40-year history of innovation.

Defining High Performance Revenue growth Market share Profitability Customer satisfaction Focus of Research: Do high market performance organizations do things differently? Do specific practices correlate with market performance?

Learning Effectiveness High market performers score higher in learning effectiveness High/very high extent responses

About the Study 418 respondents Representing varied industries 80% manager level or above Most organizations with workforces of 1000 or more Interviews with practitioners Published June 2014

What is Big Data? High volume, high velocity, and/or high variety information assets that require new forms of processing to enable enhanced decision making, insight discovery and process optimization (Laney, 2012).

Interest > Capability Organizations with big data initiatives underway Organizations highly effective at analyzing big data Plan future big data initiatives

What about the Learning Function? 30% Is your organization s learning function currently leveraging learning-related big data? 26% 25% 20% 22% 20% 19% 15% 13% 10% 5% 0% Yes, currently No, but plan to implement within 12 months No, but plan to implement outside of 12 months No, and are not currently considering Don t know

Drivers What s driving learning s interest in big data? Evaluating effectiveness of L&D initiatives Evaluating business impact of learning Delivering learning

More Drivers Make better decisions in the learning function Individually tailor learning content Gain greater understanding of the learning audience Empower learning to use new technologies Make faster decisions in the learning function Analyze ROI

Six Steps Optimize Define Business Results 1 6 Six Steps of the Results-Focused 5 Evaluation Process Continuously Measure 4 Design Solution Identify Leading Indicators 2 3 Discover Critical Behaviors

Sales Cycle Stages Stage 1 SUSPECT Business Metrics Opportunity number Opportunity quality Leading Indicators Prospecting Account research Messaging Qualification Access to C level Training Courses Sales Boot Camp CXO Relevancy Prospecting Sales Coaching Stage 2 PROSPECT Deal Size Product Mix Needs discovery Strategic positioning Expand & broaden opportunity Stage 3 PIPELINE Conversion to late stage Connecting BizX drivers to SF solutions Compelling demo Competitive positioning Leverage teams and Resources Ramp to Quota Sales University: Ramp to Quota Sales Onboarding SC Boot Camp Great Demos Stage 4 DECISION PENDING Sales Cycle Forecast accuracy Financial acumen/ business case prez Negotiation Winning all stakeholders Negotiation Stage 5 CLOSING THE DEAL Close Ratio Win to loss ratio Gain commitment Closing

Opportunities Measurement Measurement Example: Training Increases Opportunities Created and Won 1400 1200 1000 Improved 34% 1218 Before Training After Training 800 909 600 400 200 Improved 92% 275 527 0 Opportunities Created Deals Won

Data Learning functions have significantly more data today than 5 years ago Have more data than just a year ago The amount of data in the world now is comparable to every U.S. resident sending three tweets every minute for 26,976 years. By 2020, data production will be 44 times greater than it was in 2009 Wikibon 2013

Which Data? Smile sheets top data leveraged by learning To what extent are the following types of big data leveraged by your organization? Test-taking behaviors (difficulty or ease w/ which specific questions were answered, time to answer, etc.) 12% Learner demographic information 17% Learner performance data 18% Learner organizational roles/levels 20% Use of/application of specific learning content 25% Training session evaluations 45%

Taking Responsibility Of survey respondents rate their learning functions highly effective at analyzing big data Of respondents using big learning data say their learning functions have a position responsible for overseeing big data Most learning functions also take responsibility for collecting, storing and analyzing learning-related big data

Strengths Learning professionals say leaders support is their greatest strength

Challenges outnumber strengths Challenges

$$$$ Survey respondents with budget knowledge who reported learning and development budgets of $100,000 or more in their organizations Portion of learning budget dedicated to big learning data initiatives according to 77% of respondents

Technologies 30% 25% Did your organization have the technology to process learning-related big data internally or was it necessary to purchase business analytics tools or data mining software? 27% 24% 23% 20% 15% 10% 10% 13% 5% 3% 0% All technology needs were met internally Some technology needs were met internally, most were purchased Roughly half of our technology needs were purchased and half were met internally Some of our technology needs were purchased, most were met internally We purchased all of our technology needs Don t know/unsure

Analytical Know-How 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% To what extent does your learning staff possess the knowledge/skills required to meet the training needs of broader organizational staff in developing analytical skills? 9% 39% 30% Not at all Small extent Moderate extent High extent Very high extent 19% 3%

Build or Buy Skills? Train learning staff in technology skills and problem-solving skills Hire for technology skills Hire for problem-solving skills Train learning staff in analytical skills Hire for analytical skills

OJT Leads Learning Methods To what extent are you using the following to build data-related skills in existing learning staff? In other organizational employees? Overall Learning staff Individual on-the-job training 32% 36% Classroom or instructor-led training 24% 32% Self-study via electronic training (online, distance learning) 20% 29% Mentoring Cross-functional team-based training Outside technical training 18% 17% 15% 17% 22% 22% Self-study via mobile learning Outside degree program 11% 11% 11% 15% 0% 5% 10% 15% 20% 25% 30% 35% 40%

Words of Caution Analytics expertise is a must-have Technological capabilities matter Data integrity and statistical modeling demand close attention

Establish purposes for big data initiatives Secure analytical expertise Ensure access to data and insist on data integrity Secure the technologies needed to manage data volume Recommendations

The Big Data Report Available at: www.astd.org/store Members List $199 $499

Stay in Touch with ASTD Research Online: www.astd.org/research Email: research@astd.org Find ASTD Research on Facebook and Twitter

Questions? Carol Morrison Senior Research Analyst Institute for Corporate Productivity www.i4cp.com carol.morrison@i4cp.com Jenny Dearborn SVP and Chief Learning Officer SAP jenny.dearborn@sap.com Twitter: @DearbornJenny Looking for Sponsorship Opportunities? Sponsoring ASTD Research highlights your organization to our global customers and members. We ll feature your brand and advertise your name across the spectrum of our research promotion efforts. Email: research@astd.org to learn more