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Building a learning culture and its role in navigating an uncertain future

• By Dhruv Mukerjee
Building a learning culture and its role in navigating an uncertain future


What differentiates companies that can leverage opportunities during uncertain times from the ones that succumb to the threats?

Often, the answer lies in their ability to identify new ways to grow and be able to use this to their advantage. This, in the modern business world, critically depends on business leaders and employees having the right skills. But owing to the unpredictability of periods marked with rapid changes, zeroing in on the right skills to possess is a difficult bet. 

However, it is far more impactful to create a learning culture that promotes the rapid uptake of skills within a company.

Before we go on to look at how companies can create, and in turn, sustain a learning culture, defining what constitutes a learning culture is imperative. A recent Skillsoft report defines a learning culture as “providing employees with an environment that gives them access to continual learning, whether to acquire brand-new skills or to enhance their existing knowledge.” 

For learning initiatives to effectively translate into a culture that spans the entire organization, it is essential that learning becomes an integral part of every employee’s work life. The characteristics of a robust learning culture include supporting an open mindset and a quest for knowledge within both leaders and employees, creating a cohesive learning experience directed toward an organization’s mission and goals, and facilitating the sharing of knowledge across different functions.

Today, business leaders are waking up to the need to have the ‘right’ learning culture. According to a 2020 PWC survey,  74% of CEOs are concerned about a lack of availability of key skills in their workforce, with 32% of those polled describing themselves as extremely concerned. This brings us squarely back to having the ‘right’ tools to create the ‘right’ learning culture. Here we take a look at a few factors you need to consider:

A recent research report published by Bersin found that companies who effectively nurture their workforce’s desire to learn are at least 30% more likely to be market leaders in their industries over an extended period. But that’s not all. The past year has shown that traditional disruptors within the business ecosystem — like the increasing role of technology and shifting employee preferences — aren’t the only factors that put their business plans into a toss. Investing in creating and sustaining a learning culture helps companies future-proof their goals and prepare for uncertain times.