To remain competitive in a constantly changing global marketplace, organizations need employees who are adaptable, engaged, productive, and ready to meet emerging business challenges. Man encouraging his colleague to experiment with new ideasIt has also become increasingly important to attract new, highly-skilled talent, while retaining employees with long-term industry experience and knowledge. As a manager, one of the most effective ways you can do this is by establishing a culture of learning – a workplace in which continuous learning is encouraged at all levels of your organization.

Benefits of a learning culture

At a time when organizational learning is most needed, many companies are reducing their learning and development (L&D) budgets in an attempt to reduce operational costs. However, the return on investment of a strategic L&D program far exceeds its costs. A well-planned and executed program will result in:

What is a culture of learning?

A culture of learning goes far beyond “training days”, lunch ‘n’ learns and the occasional seminar or workshop. Rather, it permeates every aspect of a business. It focuses not only on improving products, but enhancing and developing your organization’s most important asset – your people. In addition, a learning culture:

Ingredients to create a culture of learning

Creating an organizational culture of continuous learning and development includes the following components:

Your role as a People Leader

Investing in your employees' L&D and listening to how their new knowledge can support the organization will help establish yourself as a manager who values the insights and opinions of your highly skilled team. More importantly, implementation of your employees' suggestions can improve service, increase productivity and positively impact the bottom line. If your team feels you are investing in their development and their ideas make a difference, they will not only feel valued, but will also be loyal to you and to your organization.