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According to Corporate Executive Board (CEB), continuous learning culture is an environment that supports an open mind, an independent quest for knowledge and supports shared learning which contributes to organizational success.
Most companies these days focus more on short-term projects and other deadlines which completely sideline continuous learning and giving regular feedback. Do you still wait for annual performance review to give feedback to your employees? Then your team is way behind the curve.
Real-time feedback that is delivered throughout the year goes a long way towards fixing the damage caused by annual performance reviews. This makes the annual performance review a quick and short meeting because of having most of the groundwork laid before. A survey by Zenger and Folkman revealed 92% of respondents agreed, “Negative (redirecting) feedback, if delivered appropriately, is effective at improving performance.”
Continuous learning directly affects the success of an organization because of the varying economic situations. It is nothing but expanding your ability to learn by constantly upgrading your skills and increasing your knowledge about the field of your work.
In a survey by LinkedIn, nearly 70% of employees said they would work harder if their efforts were recognized. There is no way for employees to know what they need to learn next or the areas that need improvement if they don’t receive regular feedback.
When it comes to continuous learning, ongoing feedback is very important because it keeps all the departments in the organization aligned to each others’ goals and allows employees to improve themselves from time to time.
Continuous employee feedback has a direct impact on things like productivity, customer retention and has many benefits like employee retention, performance improvement, quick analysis of problem, open channels of communication, etc. Most companies these days want to invest in retaining their existing talent so that their employees are skilled enough to take care of the constantly changing needs of the industry.
Here’s how regular feedback helps promoting continuous learning at workplace
While traditional training can be time consuming and expensive, feedback driven continuous learning allows employees to choose courses themselves based on their discussion with managers and complete them online at their own pace. Ongoing feedback also makes it easier for employees to ask for help when they need it.
Having frequent discussions about performance with managers allows employees to understand the expectations of the management and improve themselves from time to time. A continuous learning system at workplace helps employees to update their skills based on their feedback from their managers.
Also read: How Continuous Feedback Improves Performance Reviews
With the ever-changing technology and industry trends, it is important to identify shortcomings in work processes and stay current. A feedback driven continuous learning system allows you to identify specific areas of improvements and motivates you to learn from readily available learning resources.
It is important to retain the existing talent at your workplace. Using regular feedback to plan and discuss their career plan, helps them get a clear idea about how continuous learning at your workplace can help them advance in their career as well as contribute to organizational success.
Feedback driven learning culture helps you drive employee engagement by motivating your employees to explore and implement new methodologies in the organizational work process. Regular feedback helps you easily monitor the performance of your employees and through a continuous learning culture, you can help them with their performance and skills which in turn helps them stay engaged at workplace.
Also read: Top Reasons To Have A Learning Management System At Workplace
At Engagedly, we promote continuous learning through regular feedback and our specially designed INPACE goal setting methodology.
Our learning management system allows its users to learn through various approaches and helps increase communication and collaboration between learners and instructors. Engagedly’s learning management system allows you to keep track of the progress of your learners. It also allows you to know if their learning goals are met.
Engagedly is passionate about continuous employee performance improvement and engagement and has partnered with Purdue University to support the development of their existing employees Engagedly believes this partnership will support employees in the pursuit of expanding their skill set, earning their degrees and advancing in their careers.
Find out how Engagedly can help your organization. Talk to our experts!
