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Education Technology Insights | Wednesday, October 25, 2023
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A glimpse into the future of Learning and Development in 2024 reveals a landscape marked by personalised learning, AI-driven education, and the increasing prominence of microlearning that is reshaping the way organisations nurture talent and enhance employee growth.
FREMONT, CA: Since education is undergoing a transformative change towards more engaging learning settings, immersive learning is a trend developing in 2023 and will continue to rise in 2024. Interactive learning is driven by technologies like virtual reality (VR) and augmented reality (AR), which allow students to obtain practical experience and enhance their information transfer.
Immersive Learning Experience
Immersive learning has the potential to improve employee skills and reveal skill gaps in corporate employee training. Organisations can give learners access to controlled virtual settings that resemble potential real-world events employees face, allowing learners to hone their abilities without fear of repercussions.
AI-Powered Learning Environment
Generative AI has made significant strides across various applications. This trend will continue as organisations embrace AI-powered learning environments for personalised training, process automation, and continuous learner assessment. Gartner predicts that by 2024, up to 40 per cent of companies will incorporate NLP and generative AI in various business aspects, including employee training.
Micro-Learning
Microlearning has gained popularity due to our evolving understanding of learning. It breaks extensive information into bite-sized, digestible units, preventing cognitive overload by focusing on essential knowledge. This approach allows educators to delve deeper into specific subjects, improving learners' retention and comprehension. Its flexibility, fitting into the tight schedules of working professionals, positions microlearning as a highly effective learning method.
Internal Upskilling
In 2024, a growing trend will be internal upskilling and reskilling within organisations. This entails investing in training existing employees to acquire specific skills rather than hiring externally. This approach is cost-effective and expeditious, enhancing workforce skill sets. Moreover, it facilitates career advancement for employees.
Post-pandemic, the demand for upgraded workplace skills is evident. A 2023 survey revealed that 39 per cent of employees believe their companies must adapt to new circumstances, while 44 per cent expect significant role-specific skill changes in the next five years. Internal upskilling addresses these concerns and ensures a more adaptable and competent workforce, aligning with evolving market demands.
VR and Specialised Training for Hybrid Work Setup
Post-lockdowns, organisations have embraced fully remote or hybrid work arrangements, offering increased flexibility. As more companies shift to hybrid models, there's a growing trend of providing specialised training to enhance employee efficiency and adaptability in this evolving work landscape. VR training is gaining traction with a projected CAGR of 41.2 per cent by 2031. VR is already used in sectors requiring specialised training, such as healthcare, aviation, and hospitality, enabling the assessment of employees' skills through realistic interactive experiences and simulated environments.
Increase in Use of Training Software
The adoption of the training software trend is expected to surge in 2024 with the increasing utilisation of learning management systems (LMS) and training customisation tools. These tools empower organisations to tailor training content to match their desired skill and knowledge outcomes, facilitating real-time progress tracking, feedback, content alignment with company needs, and enhanced training opportunity management through features like skills matrices.
Gamification of Learning
Gamification in training enhances engagement by incorporating gaming elements like leaderboards and rewards. This approach caters to diverse learning styles and improves overall comprehension, driving increased company investment.
Training Leaders
Organisations are focusing on grooming the future leaders of the workplace. These upcoming years offer a chance for significant organisational changes, with a noticeable surge in companies actively preparing the next generation of leaders. Businesses increasingly understand that effective leadership is vital for sustainability and growth, thus prioritising leadership skills training.
Continuous Learning
As we approach 2024, continuous learning is an increasingly vital trend. Factors like upskilling, rapid industry developments, and market fluctuations underscore its significance. This approach promotes organisational agility, empowering employees to adapt to market changes, enhance their skills, and maintain competitiveness. It's an essential strategy in a dynamic and ever-evolving business landscape.