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    Indian start-ups raised 33% less (YoY) in CY22 at nearly USD 24 billion; Early-stage funding grew by 12%: PwC India Report

    Indian start-ups raised 33% less (YoY) in CY22 at nearly USD 24 billion; Early-stage funding grew by 12%: PwC India Report

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    UGC Requests Comments on the Proposed Rules for Establishing Foreign Educational Campuses in India

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    KL Deemed to be University to host its Crown 12th Annual Convocation on 23rd December 2022

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    Indian start-ups raised 33% less (YoY) in CY22 at nearly USD 24 billion; Early-stage funding grew by 12%: PwC India Report

    Indian start-ups raised 33% less (YoY) in CY22 at nearly USD 24 billion; Early-stage funding grew by 12%: PwC India Report

    France to increase its intake of Indian students manifold

    France to increase its intake of Indian students manifold

    IIT JEE Mains and IIT JEE Advanced eligibility standards will be loosened by the Education Ministry

    IIT JEE Mains and IIT JEE Advanced eligibility standards will be loosened by the Education Ministry

    UGC Requests Comments on the Proposed Rules for Establishing Foreign Educational Campuses in India

    UGC Requests Comments on the Proposed Rules for Establishing Foreign Educational Campuses in India

    Counsellors Retreat 2022 at Indian School of Hospitality

    Counsellors Retreat 2022 at Indian School of Hospitality

    KL Deemed to be University to host its Crown 12th Annual Convocation on 23rd December 2022

    KL Deemed to be University to host its Crown 12th Annual Convocation on 23rd December 2022

    DELHI UNIVERSITY’S EXECUTIVE COUNCIL DEBATES OVER  DUAL DEGREES

    DELHI UNIVERSITY’S EXECUTIVE COUNCIL DEBATES OVER DUAL DEGREES

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    Admission for Delhi nursery admissions 2023, to start from December 1.

    Pearl Academy and realme announce the “Curve in Design” contest to unleash  the power of Art and Technology

    Pearl Academy and realme announce the “Curve in Design” contest to unleash the power of Art and Technology

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    University of Birmingham Dubai invites applications for MSc Urban Planning

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    • All
    • Admission
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    • Scholarship
    • Study Abroad
    Institute of Bakery & Culinary Arts Invites Application for Various Courses

    Institute of Bakery & Culinary Arts Invites Application for Various Courses

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    WHISTLING WOODS INTERNATIONAL HOSTED THE 2ND EDITION OF THE MEDIA & COMMUNICATION-MASTERCLASS MARATHON FEATURING RENOWNED WOMEN LEADERS FROM THE M&E INDUSTRY

    MDI Gurgaon business school wins RPG Blizzard 2022

    MDI Gurgaon business school wins RPG Blizzard 2022

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    Applications for Paramedical Programmes now Open

    Times Professional Learning, Indian Institute of Management, Kashipur launch Executive Certificate Programme in Product & Brand Management

    Times Professional Learning, Indian Institute of Management, Kashipur launch Executive Certificate Programme in Product & Brand Management

    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Updates regarding NEET UG Counselling 2021

    Updates regarding NEET UG Counselling 2021

    Online learning a boon for the CAT 2021 topper

    Online learning a boon for the CAT 2021 topper

  • Ed-Leaders’ Corner
    • All
    • Higher Education
    • K12
    What can Indian medical students expect when pursuing a career in medicine :   Advice from St. George’s University School of Medicine in Grenada

    What can Indian medical students expect when pursuing a career in medicine : Advice from St. George’s University School of Medicine in Grenada

    Avanse Financial Services’ half-yearly results resonate with the growing demand among students to access quality education

    Avanse Financial Services’ half-yearly results resonate with the growing demand among students to access quality education

    Ireland opens opportunities for Indian students, announces on-  ground Education Fairs in November

    Ireland opens opportunities for Indian students, announces on- ground Education Fairs in November

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    #StrongMindPalace – Building mental fortitude for life’s challenges

    “Societal Development is the aim of Space Technology:  Dr. A S Kiran Kumar

    “Societal Development is the aim of Space Technology: Dr. A S Kiran Kumar

    Want to study abroad: These platforms are enabling the best scholarships for overseas education

    Want to study abroad: These platforms are enabling the best scholarships for overseas education

    Need for self-dependent students in self-reliant India

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    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

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  • Jobs
    • All
    • Career Advice
    • Get a Job
    • Recruit
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    Deakin University introduces 12-month Master of Data Science (Global) in collaboration with Great Learning

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    Around 4000 jobs posted everyday during the festive season’22

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    Blended learning is an important pedagogy for B-Schools

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    Understanding the objective of fellowship is important

  • Events
    • All
    • Events
    “Societal Development is the aim of Space Technology:  Dr. A S Kiran Kumar

    “Societal Development is the aim of Space Technology: Dr. A S Kiran Kumar

    Wipro earthian awards 2021 felicitate excellence in sustainability education

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    UAE leads winners at GESS Education Awards

    UAE leads winners at GESS Education Awards

    bml munjal

    BML Munjal University in Partnership with Indian Academy of Management hosts workshop to encourage management research

    The next important event is the citywide teachers’ council!

    The next important event is the citywide teachers’ council!

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    TiE Delhi-NCR partners with Brainfeed to host ‘India Education Entrepreneurship Day’

    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

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Simplilearn Enterprise Survey Reveals Promise of Growth of L&D in 2022

Simplilearn Enterprise Survey Reveals Promise of Growth of L&D in 2022
  • 80% of the respondents said developing digital skills internally within their organizations will be an area of focus in 2022

Simplilearn, the world’s #1 online boot camp for digital economy skills training, has published the findings of their 2021 end-of-year survey of Learning and Development (L&D) professionals. The survey was conducted to understand the enterprise learning and development landscape and what companies are doing for their employees across various levels. It provides insights on employee skill development budgets, the different types of training that the organizations offer to their employees, the skill domains that will receive the highest priority in 2022, and the challenges faced by the organizations regarding online skills training.

Simplilearn surveyed 200 L&D professionals globally as part of the survey, of which 35% were from associate level, 30% from managerial level, 19% from director level, 11% from C-level, and 5% from VP level. The key insights from the survey provide an outlook into L&D expectations for 2022.

Insights from the Simplilearn Enterprise Survey provide a promising outlook for L&D in the year to come:

  • 84% of the respondents said their L&D budget increased or remained the same in 2021. Overall L&D budgets among enterprises had risen by 4% year-over-year in 2021. Based on the respondents’ views on their skilling focus in 2022, Simplilearn anticipates that this trend will continue in 2022 as well
  • 80% of the respondents said developing digital skills internally will be an area of focus in 2022.
  • The top functions targeted by organizations for employee upskilling programs are Technology (54%), Digital Operations (39%), Digital Business (34%), and Data Science (30%).
  • Artificial Intelligence and Machine Learning are the highest priority skill domains for 2022, followed by Cyber Security, Project Management, Digital Marketing, Cloud Computing, and Data Science. These skills will receive the highest budget priority from organizations for internal upskilling initiatives and/or external hires.
  • Organizations face particular challenges concerning online skills training. The biggest of these are Measuring ROI & Application of New Skills (57%), Budgeting (19%), and Completion Rates (19%).
  • With a focus on boosting employee upskilling, 42% of respondents said they offer reimbursement programs for employee-paid upskilling, and 18% of the organizations are considering doing so. This trend indicates an increased focus on upskilling.

Organizations deprioritized some skills in 2021 in terms of budgeting for internal upskilling and/or external hires. IT Service and Architecture saw the most significant decline in priority from the previous year (2020).

Speaking on the survey results, Mr. Krishna Kumar, Founder and CEO, Simplilearn, said, “Learning and development is a key asset today in most companies’ organizational structure. From finding ways to motivate employees to enhancing their sense of personal growth and aligning them with a company’s goals and values, L&D has become a matter of importance across firms – big and small. It is promising to see more and more enterprises taking steps towards boosting L&D practices. Continuous learning and development ensures employee retention, as professionals tend to stay longer in a company that is invested in their employees’ growth and career development. In addition, relevant upskilling is highly beneficial to enterprises as it results in a more productive and efficient workforce.” 

He further added, “2022 is going to be a big year for learning and development as the pandemic really opened executives’ eyes to the importance of upskilling in the digital economy for the smooth functioning of companies. A big chunk of L&D’s focus will involve ensuring that learners keep upskilling at every stage, beyond onboarding and basic training. After all, learning is an ongoing journey, not a moment in time.”

Tags: Mr. Krishna KumarSimplilearn

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