
Accelerate the Value of Learning with Learning Experience Management
Description
Accelerate the Value of Learning with Learning Experience Management
This IDC Market Perspective assess the value of evolving learning and development (L&D) into learning experience management (LXM) through the fusion of L&D and employee experience (EX) considerations. The assessment looks at value-driver comparisons between L&D and LXM while providing insights into the current path to maturity organizations take to execute on LXM."Isolating for LXM within broader L&D ecosystem investments shows that revenue increases are 73.2% more likely for every dollar spent on transforming L&D into LXM. Transitioning to LXM is also 2x more likely than reinforcing traditional L&D environments to generate revenue increases with an increase on L&D potential of up to 6% especially among organizations more mature in their transformation," said Zachary Chertok, research manager, Employee Experience.
Please Note: Extended description available upon request.
This IDC Market Perspective assess the value of evolving learning and development (L&D) into learning experience management (LXM) through the fusion of L&D and employee experience (EX) considerations. The assessment looks at value-driver comparisons between L&D and LXM while providing insights into the current path to maturity organizations take to execute on LXM."Isolating for LXM within broader L&D ecosystem investments shows that revenue increases are 73.2% more likely for every dollar spent on transforming L&D into LXM. Transitioning to LXM is also 2x more likely than reinforcing traditional L&D environments to generate revenue increases with an increase on L&D potential of up to 6% especially among organizations more mature in their transformation," said Zachary Chertok, research manager, Employee Experience.
Please Note: Extended description available upon request.
Table of Contents
9 Pages
- Executive Snapshot
- New Market Developments and Dynamics
- Modern Learning and Development and Employee Experience Are Deeply Linked
- Evolving L&D into Learning Experience Management
- LXM as an Improved Value Driver on Traditional L&D
- Advice for the Technology Supplier
- Learn More
- Related Research
- Synopsis
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