Why Is a Culture of Learning and Development Important?
Most companies have cultures, but there is a new trend toward creating a culture related to learning and development. A business with a learning culture is likely to create many positive benefits for employees as well as the company. According to recent research from the Harvard Business Review, only 10% of organizations have managed to create a learning culture. This type of culture is becoming more common among companies to help increase employee satisfaction. Below are three benefits to creating a culture for the learning and development of employees.
1. Creates a Safe Space
This type of culture allows employees to express their own ideas more freely and not feel excluded from innovation. It can create more employee productivity and efficiency with different tasks, which can turn into profit for the company. A safe space is key to employees’ learning and making them feel confident when around others.
2. Encourages Employee Innovation
Employee innovation is important to many companies and a positive learning and development culture within the workplace can help increase it. In connection to the previous benefit, employees can freely speak about ideas and thoughts, which allows others to be more comfortable sharing.
3. Decreases Employee Turnover
Employees are often less likely to quit their jobs when there is a good work environment. This causes higher employee satisfaction and will lead to less turnover within the workplace. You should want your employees to continue in their positions and contribute to company productivity.
These three benefits of a workplace learning culture can contribute to the success of your company. Want to know how to build a culture of learning and development? Click here to contact a CoreAxis specialist to give you professional insights and assistance.