The human identity is constructed upon a lot of different elements, but nothing defines it more than our tendency to grow on a continuous basis. We can claim what we did because the stated tendency has got us to hit upon some huge milestones, with technology appearing as a rather unique member of the group. The reason why technology’s credentials are so anomalous is largely based on its skill-set, which realized all the possibilities for us that we couldn’t have imagined otherwise. Nevertheless, a closer look should be able to reveal how the whole runner was also inspired by the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence and made it the ultimate centrepiece of every horizon. Now, having such a powerful tool run the show did scale up our experience from several unique directions, but even after reaching so far ahead, this prodigious concept called technology will somehow continue to deliver the right goods. The same has turned more and more evident in recent times, and assuming a new HRM-themed development shakes out just like we envision, it will only put that trend on a higher pedestal moving forward.
Information Services Group (ISG), a leading global technology research and advisory firm, has officially confirmed the launch of ISG Training as a Service (TaaS), the first ever managed service training solution to bring forth a bespoke workforce curriculum at scale. According to certain reports, ISG TaaS bestows you with an uninterrupted access of custom learning content, which is purposed around developing critical skills across your workforce, accelerating enterprise adoption of technology and software, and also more generally, providing an educational avenue that is available 24/7, five days a week. But what concrete benefits a company can actually expect from such a solution? Well, for starters, they can adjust and scale training as needed to reduce onboarding time, maximize software ROI, and upskill employees at a speed, scale, and cost that has never been observed before. If those clear-cut benefits weren’t quite enough to seal the deal, then it’s worth noting how you can also tailor the solution to make it more suitable for your unique operational and budgetary framework.
Although the solution is still in its beta testing phase, the details provided by ISG claim that ISG TaaS has helped a top-three U.S. banking and financial services firm in eliminating a two-year backlog in its training development plan, something which saved the firm a whopping $19 million. The stated client is now understood to be using ISG TaaS for training more than 40,000 new hires on hundreds of applications, while also leveraging it to launch revenue-centric business initiatives. Next in line of successful examples is a major technology company, who used the service to onboard revenue-generating roles in three-quarters of the expected time, a feat that literally created an ROI worth $100 million over the course of a five-year timeline.
“The Great Resignation to the Great Regret, What’s Next?,” Record employee turnover, remote work and continual digital transformation have forced a shift from generic, outdated training programs to a more dynamic, on-demand learning model that is relevant to the modern corporate learner. The old way of ’just getting by’ when it comes to training isn’t effective in the current hybrid, fast-evolving work environment,” said Doug Teachey, global leader of ISG Training as a Service,
Founded in 2006, ISG has steadily grown its portfolio to offer services, such as automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. The company’s excellence in what it does can be notably validated through a partner network of more than 900 clients, including over 75 of the world’s top 100 enterprises, However, given the all-encompassing nature of its latest service, these numbers should viably become bigger in the near future.
“Many employees who made career moves during the pandemic were driven by the frustration that can result from inadequate training and development,” Teachey said. “The ISG TaaS solution is an important element in helping enterprises navigate a changing labor landscape and focus on retention, workforce development and a next-generation employee experience,” said Teachey.