In a modern workforce, learning contributes to employability. Over the past several decades, employment has shifted from staying with the same company for a lifetime to a model where workers are being retained only as long as they can add value to an enterprise. Workers are now in charge of their personal and professional growth and development, which is one reason people list “opportunities for learning and development” among the top criteria for joining an organization.

While the majority of development is through informal learning such as social learning from colleagues, most budgets are focused on formal programs, but this is changing. Progressive leaders put L&D to a corporate strategy position and drive the best cultural transformation through learning and talent development to unlock employability and increase the talent pipeline.