Learning and development is often an in house department, but learning and development services can also be provided by specialised organizations .
Getting such learning and development services from other professional institutions is often quite beneficial owing to a number of factors. Some factors to be recalled are:
- Unbiased analysis of needs
- Global experince
There are many other factors that make this an advantageous option. However, the major challenge about outsourcing learning and development initiatives is the expenditure.
It is important for the business firms to understand that the expenditure is worth it and will finally prove economically beneficial for the organization itself.
All the employees in a particular business firm have a common aim. They are all working unanimously for the success of the one particular business firm. Hence the educational gain for them will finally benefit the business firm.
What are learning and development companies?
Learning and development companies refer to those professional institutions who offer learning and development programs at various levels for almost all the portfolios of any business firm.
These companies have their own level and areas of specialisation in this regard. Besides, mostly each one of them offers many reasons to avail their services.
Types of learning and development Companies
There are basically two ways of imparting learning and development related education and hence the division.
The two ways here are referred to:
- eLearning and;
- Classroom learning
Therefore, the two types of companies are also under these two classifications.
Also, this is not to forget that both of them are equally beneficial and follow their own system of imparting knowledge.
Job of learning and development companies
Learning and Development companies have their own mentors, industrial psychologists and consultants. They are trained in such a way that they can identify the problem areas based on certain assessments and different types of examinations.
These companies have professionally experienced experts who not only rely on participant profile and pain areas as outlined by the managers but also on other need analysis tools. They also opt for different scientific procedures to arrive at conclusions like skill based and psychometric assessment tools. This is where the expertise and clarity of these professionals matter and this is another reason why organizations summon learning and development firms to drive L&D initiatives for them.
The kind of learning imparted through the learning and development initiatives is not the same as what we learn from regular school, college or university classes. This kind of education rather facilitates functionality. This is a unique learning that helps employees in getting enhancing their skills and knowledge at any stage of their career. Many softer aspects of job success like people management, etiquette, behavioral effectiveness are addressed through such initiatives.
Learning is not only important for professional success, but also helps in getting rid of job monotony. It is critical to keep employees motivated and learning initiatives plays an important role in employee retention. Hence, this is an important process in retaining employees which is also vital for the system and lack of human resource might prove deadly.