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Tag: learning and development

  • Ground-Breaking Data Released on Generative AI for $250B Corporate L&D Industry

    Ground-Breaking Data Released on Generative AI for $250B Corporate L&D Industry

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    Soffos and Navigant Learning embark on collaborative effort to measure how AI impacts instructional design tasks

    The transformative power of artificial intelligence (AI) is reshaping industries worldwide, and the $250 billion learning and development sector is no exception. However, there has been little public data on the measurable impacts of utilizing generative AI for instructional design tasks. L&D leaders and other executives have a strong need for this information to plan their initiatives and for optimal resource allocation.

    Soffos and Navigant Learning embarked on a collaborative effort to measure precisely how AI impacts instructional design tasks. Their ultimate goal was to help teams use AI to accelerate and expand learning programs, enhance creativity, address the global skills gap, and ultimately solve challenges in meeting organizational learning needs. The first part of this exciting series of experiment results is published below. 

    AI is not a replacement for humans in L&D, but rather a powerful tool that can augment human capabilities and enhance creativity,” says Ken Hubbell, CEO of Soffos. “Our experiment with Navigant Learning demonstrates the potential of AI to revolutionize the way organizations approach learning and development.”

    The experiment leveraged Soffos’ advanced generative AI platform, which offers a suite of specialized modules for L&D, including micro-lesson creation, Q&A generation, and AI Assistants creation (called “Force Multipliers” on the platform).

    Experiment Findings

    The experiment focused on a 36:1 ILT Course. Against the baseline metrics, there was an observed total time-saving acceleration of 41%. This acceleration was primarily seen in the Design and Development phases, with some Level 2 steps speeding up by more than 80%. The most significant time reduction occurred during the High-Level Design Document creation, which achieved a 90% acceleration.

    “We believe that leveraging AI throughout the learning lifecycle will allow L&D professionals to address evolving needs comprehensively, building better training experiences, at speed and scale with better price points to ultimately close skills gaps,” says Ric Garner, a Partner at Navigant Learning. “To do this effectively, AI tools should be viewed with the goal of augmenting human capability, not replacing.

    Conclusion

    AI serves as a powerful complement to human L&D efforts, accelerating most steps in the learning development lifecycle and better equipping organizations to fulfill the demand for learning solutions. While these are early days, further integrations and automation, particularly in production steps, will continue to unlock new possibilities.

    Stay Tuned for More Insights

    To learn about the Soffos generative AI platform and for more AI-driven experiments in the field of L&D, visit www.soffos.ai.

    Source: Soffos

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  • BetterWork Media Group Launches Membership Program

    BetterWork Media Group Launches Membership Program

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    People-focused media company enhances workforce communities with membership initiative; extends suite of new, exclusive offerings to learning and talent professionals

    Press Release


    Jan 31, 2023

    BetterWork Media Group (BMG), a media company dedicated to connecting, supporting and empowering workforce communities of C-suite and senior-level practitioners, executives, scholars, consultants and solutions providers in corporate learning and talent management, announced recently the launch of its first membership program, now available via its two leading brands, Chief Learning Officer and Talent Management.

    Members gain access to a slew of exclusive offerings, including the member-exclusive biannual print magazine (returning June of 2023), special pricing, discounts, and early access to event details and registrations, award applications and proprietary content.

    “The launch of this membership program signals the beginning of many new and exciting initiatives BMG has planned for this year and those to come,” said Lauren Lynch-Wilbur, co-founder and co-chief executive officer for BetterWork Media Group. “My colleagues and I are so thrilled to be able to provide learning and talent executives with even more tools for enhancing their professional development experience, while simultaneously delivering on one of our biggest goals to date.”

    More member-exclusive offerings are expected to be announced later this year. Learn more about BMG’s membership packages.

    BMG celebrates its second business anniversary with the launch of this program.

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    About BetterWork Media Group

    BetterWork Media Group manages Chief Learning Officer and Talent Management, serving workforce communities of C-suite and senior-level practitioners, executives, scholars, consultants and solution providers in corporate learning and talent management. BetterWork Media Group provides a unique platform to connect, support and empower workplace communities via award-winning content, research, events, webinars and digital media. BMG’s founders have more than 70 years of collective experience in the media industry.

    About Chief Learning Officer

    Chief Learning Officer is dedicated to serving as a platform and vehicle for C-suite and senior-level learning and development professionals to connect and advance in the profession and their personal careers. We are by CLOs, for CLOs.

    About Talent Management

    Talent Management is dedicated to providing in-depth information and programming for senior-level talent and HR professionals who champion organizational culture and drive the design, development and execution of talent management programs.

    Source: BetterWork Media Group

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  • getAbstract 2022 International Book Award Announces Business Impact Longlist

    getAbstract 2022 International Book Award Announces Business Impact Longlist

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    Press Release


    Aug 30, 2022

    getAbstract is delighted to announce the longlist for the Business Impact category of the 2022 International Book Award. The selected titles offer actionable, business-relevant knowledge and significantly contribute to contemporary social, political and economic understanding. The longlist is now available on the getAbstract 2022 International Book Award website. Voting for the Readers’ Choice award is now live. The shortlist will be announced on September 22. 

    New this year is the Learning Impact award category, which recognizes original contributions in the L&D and HR space. The Learning Impact longlist will be published on September 8, and the respective shortlist on October 6. All winners will be announced at the 2022 Frankfurt Book Fair. The award ceremony will take place on Thursday, October 20, at the Schirn Kunsthalle in Frankfurt/Main.

    “After two virtual award ceremonies, we can finally give the getAbstract International Book Award the stage it deserves,” says Patrick Brigger, co-founder and COO of getAbstract. “We’re particularly excited about our new Learning Impact category, which highlights titles that address key L&D challenges and provide insights into future-proofing organizations and developing thriving organizational learning cultures.”

    2022 International Book Award Business Impact Longlist 

    • The Business of Building A Better World by David Cooperrider and Audrey Selian, Berrett-Koehler, 2021
    • The Chancellor by Karti Marton, Simon & Schuster, 2021
    • The Conscience Code by G. Richard Shell, HarperCollins Leadership, 2021
    • Cultish by Amanda Montell, Harper Wave, 2021
    • A Decent Meal by Michael Carolan, Redwood Press/Stanford University Press, 2021
    • Electrify by Saul Griffith, MIT Press, 2021
    • The End of Marketing by Carlos Gil, Kogan Page, 2021
    • How to Begin by Michael Bungay Stanier, Page Two, 2022
    • Impact Players by Liz Wiseman, HarperBusiness, 2021
    • Signals by Jeff Desjardins, Wiley, 2021

    About the getAbstract International Book Award

    The getAbstract International Book Award is among the world’s oldest, continuously presented non-fiction book awards. Since 2001, it has been awarded to authors whose work has significantly impacted contemporary social, political and economic understanding. In alignment with our mission to provide actionable, business-relevant knowledge, the getAbstract International Book Award focuses on works that help people make better decisions in their personal and professional life – as encapsulated in our slogan, “Know Better. Do Better.”

    Please refer to our International Book Award website for summaries of all the works longlisted in the Business Impact category and select author interviews. We will update the page as soon as the Learning Impact longlist, shortlists and award winners are announced.   

    About getAbstract

    The right insight at the right time can make all the difference. By providing easy access to summarized expert knowledge, getAbstract helps professionals worldwide find solutions to real-life challenges and use knowledge efficiently. We work with clients around the world, including more than one-third of the Fortune 500, to put knowledge into action. Know Better. Do Better.

    About getAbstract | About the getAbstract International Book Award

    MEDIA CONTACT

    Catherine Bell
    catherine.bell@getabstract.com
    (305) 936-2635 

    Source: getAbstract

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