RETENTION OF LEARNINGS
85% Indian professionals set to invest in upskilling for FY25
According to Great Learning's 'Upskilling Trends Report 2024-25,' 85% of professionals in India plan to invest in upskilling initiatives in fiscal year 2025 (FY25). The report highlights a drop in job retention confidence to 62% from 71% the previous year, mainly due to tech disruptions and challenging macroeconomic conditions. Entry-level professionals feel the most uncertain, with only 29% confident about job retention in FY25. Upskilling is crucial, especially in fields like data science, AI, and machine learning, with 92% of seasoned professionals and 83% of freshers recognizing its importance.
Job retention confidence of Indian professionals plummets to 62% vs 71% a year ago: Great Learning report
Job retention confidence among Indian professionals dropped to 62% in FY25 due to technological disruptions, macroeconomic uncertainty, and layoffs, as per a study by Great Learning. Entry-level professionals are less confident, with 79% emphasizing the importance of upskilling.
Best Abacus for your kid to enhance their math skills with fun
From fostering fundamental math skills to nurturing cognitive development, these meticulously curated selections are tailored to ignite your child's passion for learning. Whether you seek a traditional abacus steeped in history or a modern marvel designed for STEM exploration, embark on a journey where learning meets innovation. Explore the best abacus picks that promise to elevate your child's educational journey to new heights.
Aurum Analytica: Transforming real estate with Data Science and AI
Aurum Analytica, a data analytics firm in real estate, uses data science and AI. CEO Prakash Tejwani and co-founders Sahil and Vishal discuss the company's mission and growth.
Upskilling for generative AI is inevitable. But companies too have a learning curve
The use of generative AI is on the rise, leading companies to invest in upskilling their employees to work with this technology. Generative AI is attractive due to its ability to handle complex data sets and increase employee productivity. Companies are opting to train existing employees rather than hiring new ones, and are also partnering with educational institutions to bridge the skills gap.
B-schools, corporates resort to board games as a training strategy
Board games emerge as innovative teaching tools in B-schools and corporate training sessions. Professors at institutes like IIM Ahmedabad and IIM Udaipur employ them to impart skills like negotiation and decision-making. Customized games, like one used at 3one4 Capital's annual meeting, offer unique learning experiences. With attention spans dwindling, board games offer interactive and engaging learning opportunities, making them increasingly popular among students and corporate professionals alike.
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Digital learning solutions can enhance healthcare delivery: Deepak Sharma, CEO, MedLern
Despite its numerous benefits, digital learning solutions often face resistance from an outdated mindset, says Deepak Sharma, CEO, MedLern.
Leadership styles: Exploring the traits of transformational leaders
The world is seeking somebody who embodies the essential traits and attributes of a transformative leader where change is the only constant.
How CEOs turn their companies into 'learning organisations' and help employees become future-ready
CEOs must ensure companies are “learning organisations”. One key challenge is having too many initiatives to measure and not having enough time to strategically plan for Learning and Development. A programme’s success is evaluated using metrics around performance, productivity, skill development, employee engagement, retention, talent mobility, workforce agility and reduced hiring costs.
Learn Digital Marketing - The key for business success
Ignoring digital marketing is not an option for firms in the digital age, since the majority of consumers are online. Compared to traditional marketing strategies, digital marketing is a potent instrument that may assist organisations in connecting with and engaging with their target audiences. In the twenty-first century, it is a major factor in both business growth and success.
Banking & financial companies go all out to retain staff
The likes of Axis Bank, Motilal Oswal Financial Services and IIFL Finance are rolling out measures such as employee stock ownership plans (ESOPs) across the ranks, including the frontline workforce, internal career switch opportunities with promotions and salary increase, quarterly incentives, learning and upskilling opportunities, and festival bonuses, with an aim to create more career growth and earning opportunities at a time when poaching has become rampant.
Preparing for UPSC IAS exam? Here is how to boost memory and increase retention power
Preparing for the UPSC Civil Service Examination (CSE) requires effective study techniques to enhance memory and retention power. Strategies include active learning, using visual aids, breaking down complex topics, employing mnemonic devices, frequent revision, practicing past papers, explaining concepts aloud, using technology wisely, taking active notes, and taking mock tests.
Reverse mentoring: India Inc finds a lot to learn from Gen Z
Companies in India are embracing reverse mentoring programs to bridge the generational gap and promote learning between younger and older employees. EY India, Citi India, NatWest Group, Honeywell Technology Solutions, Merck, and P&G are among the companies launching or revamping reverse mentoring initiatives. These programs are aimed at teaching senior employees about digital skills, social media branding, hybrid working, diversity and inclusion, and other relevant topics.
Byju’s puts Epic, Great Learning on sale; Perfios raises $229 million from Kedaara Capital
Byju's has begun selling its group assets as it puts Epic and Great Learning on the block to generate $800 million-$1 billion in cash.
How to measure returns on investment on employees' learning & development
To maximize the impact of learning programs, L&D professionals must measure the return on investment (ROI) and demonstrate the business impact of these initiatives to stakeholders.
Nearly 6 out of 10 managers looking to leave jobs; workplace benefits critical to retention: Report
The main reasons contributing to this frustration are career stagnation (73%), lack of recognition (71%), and feeling overworked (68%), says the survey that draws insights from over 3800 managers (including early and seasoned) in Corporate India, and focuses on the aspirations, burdens, and challenges faced by managers in India.
Gamification of Education: How kids can learn through games
The global market for game-based learning is expected to reach a revenue of $29.7 billion by the end of 2026, with a compound annual growth rate of 21.9%. This highlights the increasing importance of gamification in education, as students demand more interactive forms of instruction. Gamification offers benefits such as fun and interactive learning, enhanced memory retention, real-world exposure, and better subject understanding.
Exclusive: Upgrad in talks to buy majority stake in US edtech firm Udacity
The American edtech has been in talks with multiple suitors. If this deal goes through, it would be at a significant discount to its peak valuation of $1 billion.
How CX automation platform can streamline customer experience for businesses
CX automation platforms are designed to streamline and automate the CX process, making it easier for businesses to deliver a consistent and personalised experience to their customers at scale.
Get learning! Upskilling helps young working professionals be satisfied & future-ready
Today’s young workforce value opportunities that allow them to continuously learn.
Want to scale your business? Entrepreneurs are using affordable online learning as a stepping stone to growth
With the rise and acceptance of edtech in the country, the criteria of being a student is becoming blurry as it brings tremendous learning opportunities for the over 60 million SMEs in India.
See emergence of work models such as micro-tasks, need new skilling platforms: GenLeap’s Sachin Sandhir
The gig economy is creating new opportunities and integrating an extended workforce in the ecosystem which includes talent from tier 2 and 3 cities.
Edtech unicorn Vedantu slashes course costs as offline learning returns
Vedantu's latest offering, Ai Live classes, offers an interactive platform backed by technology at Rs 5,000 annually. It leverages artificial intelligence, voice synthesis and content development to bring down the cost.
View: Indian banks need to get way smarter
Even though banking is ahead of other industries in analytics maturity, there is still enough room for more innovation. Early adopters of AI stand to gain a significant advantage and experience.
People want to join a company focused on creating a better world: Tiger Tyagarajan
In an interview, Tyagarajan says employees today want to join a company that doesn’t just focus on profits but also drives sustainability and creates a better world, and Genpact is trying to do just that.
Number of Indian workers requiring digital skills set to rise by 27.3 mn over next year: Report
About 95 per cent of workers surveyed in India acknowledged that they require more digital skills -- the ability and knowledge to apply digital technologies for tasks in the workplace -- in order to cope with changes in their jobs due to the COVID-19 pandemic.
Corporate Strategy
The companies that grow the fastest are the ones that learn the fastest. The more experiments you run, the more you learn. It's really that simple. The high volume is ideal, because most experiments fail to produce the results you're hoping for.
Promotion cycles, special salary hikes: India Inc does its best to retain top performers
Recent research by Microsoft showed that almost 62% of India’s workforce have intentions of switching jobs this year, compared to an average of 41% globally. Attrition is at its highest level in a decade at 20% this year on an average for all sectors in India, according to the Aon India Salary Increase Survey.
Pace of career growth depends on continuity, speed of learning: Here's how to learn rapidly
It is easy to get excited about a new journey but tough to stay motivated long enough to complete it or to make it a life long quest. How can you make rapid learning a regular part of your life’s work and thus reward yourself with continuous fast progress in your career?
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