Companies need to stay on top of industry trends to keep ahead of the competition. That’s especially true now, as it feels like new technological advancements are being made every week.

But how can they do that?

Through continuous employee development. Training employees ensures that the people who are there, working in — and on — the business every day know what’s happening and what’s to come for their department, the company, and the industry itself.

According to LinkedIn’s Global Talent Trends 2023, 89% of L&D pros believe that building employees’ skills will make it easier to navigate the future of work.

What is employee development?
Employee development, sometimes called professional development or staff development, is the process of upskilling employees and teaching them new ones. This development helps employees and businesses meet their goals.

Employee development starts with HR professionals evaluating employees’ skills to look for areas where they need training. They then create an employee development plan around those needs and track key metrics to show the program’s ROI.

There are many ways employees can learn about new technologies and techniques. It can come from formal training such as webinars, online courses, or in-person classes. It could also come from mentorship schemes (either as the mentor or mentee), or it could be more experience-led, through on-the-job training.

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