5 Ways to Improve Organizational Learning with Big Data Analytics
Some things can never change when the concept of internet boom is taken into account. Since the dawn of human civilization, data has been at the forefront — dominating every piece of innovation. Over the period of centuries, we have evolved and so has the information sources— resulting in the emergence of ecommerce boon. Organizations have tapped into the vast sources of knowledge, readily transforming the face of digital revolution.
Some things can never change when the concept of internet boom is taken into account. Since the dawn of human civilization, data has been at the forefront — dominating every piece of innovation. Over the period of centuries, we have evolved and so has the information sources— resulting in the emergence of ecommerce boon. Organizations have tapped into the vast sources of knowledge, readily transforming the face of digital revolution. Big data Analytics has had its share of controversies but the so called buzzword has now taken the center stage in most business circles— more so with the growth of information. As per studies, Big Data is a frontrunner when it comes to adding business value and almost 75 percent of organizations are keen on including it into the scheme of things— for revamping the existing modules of employee learning.
The concept of organizational learning can be segregated into a number of criteria; the first being employee learning and the various facets of the same. Big Data brings forth a full gamut of improved analytics— working solely in favor of statistical excavations, engagement and productivity. Let us take a closer look at the detailed mannerisms of Big Data Analytics— influential enough in improving the advances of organizational learning:
Analytics for Hyper-Personalizing Business Performance
One size isn’t apt for all and this is what Big Data thrives upon. Most firms which are focused upon employee learning will find these analytics extremely helpful in resonating with the concerned workgroup. It all pans down to individual preferences and Big Data helps identify the best for every section of the organization. This in turn improves efficiency thereby boosting the entrepreneurial performance. Organizations often fail to realize the importance of demographics when it comes to learning and penning down strategies. Big Data throws in some unique points— targeting the specific sections of the firm. This strategy is called Hyper-Personalizing and works perfectly towards the development of the company in hand.
Readily Tying the Loose Ends
Data analytics can readily help the employers with the missing links of employee learning. Once the future learning techniques are identified, Big Data works towards analyzing the best set of training methods for the respective individuals. Without Big Data, the entire training plan is usually devised by the L&D team which then might not be empathic enough to every section of employee training. Analytics help determine the missing links and tie them together into a more concrete form. Most employees lack a skill or two which might be impairing the growth of the organization on the whole. Big Data surely finds these links and add them into the learning hierarchy.
Gauging the ROI
Investments made by a firm do bring in hopes, in the form of Return On Investment. An organization will put money and time into employee learning only if the future prospects are lucrative enough. Big Data Analytics will help weed out obsolete techniques and bring in programs that actually work. Real time analytics can therefore be gathered for a given region— focusing readily on profit and usability in the long run. Be it the hidden patterns or unknown correlations— Big Data Analytics can help identity each for digging deep into the market trends.
Visualization entails to Better Learning
Unlike other pieces of information, Big Data supports ready visualizations in the form of charts, tables and even snippets. Not just the elite panel, data analytics can be extremely beneficial to the entire set of existing employees as it can be easily integrated into infographics and presentations. This improves the learning experience and overall engagement. Big Data norms in most cases can be applied to messaging apps—offering holistic bits of info over the social platforms. One such example is the integration with the kik login interface which makes the app access easier and informative. Employees with lethargic attitude will also enjoy the process and the involvement quotient will be higher as they can even be learning on the go, via the messaging app.
Big Data presents Better Opportunities
The best part about Big Data is the way it can open doors for newer opportunities. These analytics are great at comprehending future trends for businesses and also work towards implementing the best strategies in play for the concerned employees. If the preset learning program fails to work— Big Data can bring in something different that works and greatly impact the ROI in a positive way. This would result in bigger profits and therefore greater emphasis on employee learning— giving rise to a constant loop of positivity.
Big Data is the backbone to corporate learning as it involves in-depth analytics and sequential techniques for the respective clients. In the competitive world, it’s always hard to find the perfect plan for organizational learning but Big Data is a capable force for identifying horses for courses.
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