Although nearly all executives put skills and talent at the top of their priority list to recoup and drive business transformation, CHROs and HR executives themselves don’t think their departments have the skills to achieve this.
A couple of hours later, Sam dropped a bomb in a husky voice and apologized profusely before projecting the correct figure for the quarter, which was a $350,000 loss. Ten hours of isolation after the prognosis that the second quarter results had hit the pavement, Peter decided to make things right.
The transformation of the L&D function is challenging as it requires continuous improvements for improved results. Making an effective utilization of data and research that is accessible to the L&D function helps in formulating strategies that help in the development of the workforce.