The organizations that do not recognize the importance of best management practices and tools are experiencing the downfall of the business.” The organizations that value and adopt the lean principles are bound to progress over time and shall create good value for the business.
The organizations that have adopted the need of regular upgrades of both technical and soft skill of the members involved.
The study indicates many companies are increasing their budget for learning and development. Many of them take help of technologies like mobile learning solutions and conducting social learning activities. Yet, No of companies term themselves have culture as “Controlling” with little collaboration.
Although Organizations are adopting new practices they are still going through various critical pressures, mainly not having enough supply of “LEADERS” in the era of agile product/services delivery. Finding or developing such talent has nowadays become strategic business priority. Still, many of the organizations are struggling to build the process of empowering the employees with tools and processes they may need to create expected results.
Emergence of a new generation and the rise of the independent worker, companies must rethink their approach to talent and begin to prioritize the “Individual.” The main challenge most of the organization facing or rather failed to make their employees adopt the change or new trends.
Alongside technical skills development programs, the organizations must focus a new mechanism for learning that can adapt to the needs of a changing workforce and align closely with organizational objectives.
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