Tapping into the dataverse
In the realm of L&D, unlocking organizational impact is dependent on integrating assessment data with learning insights, offering L&D professionals an opportunity to align workforce skills with broader company goals.
Integrating assessment data with learning analytics, performance data, and business insight tools allow companies to visualize where their workforce is at in terms of key skill development, and quickly identify areas for upskilling to drive organizational goals. But, how well are businesses harnessing this integrated knowledge to meet the demands of their own organization and workforce?
This chart illustrates the iterative process of skill assessment, training, progress evaluation, and integration with broader business data that enables organizations to effectively identify skill gaps, address training needs, and develop actionable strategies that respond to the demands of both their workforce and their business. You may happen to notice that assessment is key in several parts of the process.
Is your dataverse thriving, or just surviving?
What does data integration look like in the context of skill-based L&D initiatives? It takes on a few different forms. It may be an Information hub that centralizes insights on workforce abilities / knowledge / experience; it could include data-point collection during learning experiences, assessment results, and integration with data analytics within the larger organization. According to our research, an effective L&D data integration plan will include at least some element of all of these.
Sounds a bit overwhelming if you ask me. So, why put the effort in? Beyond the obvious value around leveraging data to identify skill gaps and inform training programs / progress, this data is also important in strategic decision making and forecasting, helping to inform questions like: What skills will your workforce need for your company to reach your strategic goals? What kind of L&D investment is necessary in order to achieve those goals? How do our workforce skill sets line up with company goals (and how are they progressing over time)?
However, L&D has experienced a decline in alignment with organizational goals over the past year. The 2024 HowNow L&D report noted a substantial decrease in alignment of L&D strategy with overall organizational goals, leadership recognition of L&D impact, and clarity on L&D contribution to business value within the organization.
Implementing a comprehensive data integration, with assessment data as a key figure, may help to improve these numbers. Here are a few examples of how this might play out in a business:
Collecting & integrating data with CredSpark+
CS+ enables organizations to tap into the dataverse with:
- API / xAPI access to CredSpark data easily integrate insights with your organization’s analysis and tracking tools
- Data & analytics features that allow you to easily visualize time spent on assessments, question results, and confidence levels, as well as individual engagement with each interaction.
- Content & data governance for multiple teams/departments in your organization, making sure that information is securely managed, easily accessible, and compliant with regulatory standards.
Own Your Data with CredSpark
Learn more about how CredSpark can support your organization’s data analytics strategy! Book a call with one of our experts today.
