As organizations emerge from the pandemic, L&D is tasked with doing more with less. The pandemic impacted budgets across the organization. L&D was not immune. Nearly half of companies responding to Brandon Hall Group’s 2020 L&D Benchmarking Study said their per-learner budgets decreased. At the same time, however, Learning became a critical element of organizational change: upskilling and reskilling the workforce to meet rapidly changing needs.
Because of this budget pressure, the Learning function must get a handle on its spending. Up to 20% of spending in the Learning function goes largely unmanaged. This “rogue spend” can add up quickly and left unchecked, has the potential to grow even larger.
One area where companies can streamline L&D processes is in the content realm. Companies spend a considerable time and money managing the content process, including procurement, creation and management. The back-end of the content process includes many transactional, repetitive tasks. Additionally, companies typically have poor vision into what content already exists and often duplicate efforts creating material that could have simply been repurposed. Unfortunately, cost-saving measures such as leveraging the company’s intranet or existing SharePoint sites to manage learning content can make things worse. If the content is hard to find, it will just get remade. The longer the problem persists, the worse it gets.
Brandon Hall Group Smartchoice Preferred Provider DelphianLogic developed a solution for automating simple content tasks and making asset reallocation much easier. ContentCentral is the only application of its kind, a Learning Content Lifecycle Management (LCLM) tool singularly focused on solving the challenges companies face managing their content.
It provides a solution for the content “black hole” that exists in most learning ecosystems, where things are handled in a mostly ad hoc, manual way. This kind of approach is extremely unbalanced. The content-creation and delivery aspects of learning have an endless supply of tools and technology at their disposal, but content management requires hands-on resources. This typically leads to cost overruns, so it’s imperative to find ways to simplify and automate the process.
For more information on what an LCLM tool is and does, visit Delphinalogic.
–David Wentworth, Principal Analyst, Brandon Hall Group
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Brandon Hall Group is the only professional development company that offers data, research, insights and certification to Learning and Talent executives and organizations. The best minds in Human Capital Management (HCM) choose Brandon Hall Group to help them create future-proof employee development plans for the new era.
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