See How A Multinational Conglomerate Embarked on an L&D Transformation Journey, in Partnership With EdCast

The client is a multinational conglomerate which was founded in 19th century and currently has revenue of around 100 Billion USD with total employee strength of over 4,00,000. They are a diversified group comprising a broad portfolio of market-leading businesses across various sectors including:

The client historically had a limited focus and investment on its learning programs, not sufficient to create an impact for a large conglomerate of its size.

Learning opportunities were available to a “select few”, namely graduate trainees and select executives. Their spending on L&D at Group-level was significantly less than global industry benchmarks.

They sought to develop a new learning strategy to address key L&D challenges like:

The Group L&D team’s goal was to define and implement a contemporary and progressive strategy suitable for a large & diverse workforce. The success of the new strategy was dependent on it being developed and executed in collaboration with the Group’s businesses.

From the outset, the Group L&D team led an in-depth, integrated “root and branch” approach to review all L&D activities across each of the businesses, together with stakeholders from the respective companies. External field research was also conducted to better understand what best-in-class learning programs looked like and what “best companies” were doing in this space.

With this analysis they defined the underlying learning strategy principles, which became the guiding principles for onboarding a modern tech stack:

The learning strategy principles led to the development of six core strategy pillars to be implemented:

The client partnered with EdCast by Cornerstone to implement the Learning Experience Platform with an objective to realise the newly set learning strategy within the company. EdCast by Cornerstone LXP helped in building digital learning and content creation capabilities at Group-level in the organisation. It shifted the learning experience from ‘selected few’ to ‘important many’, anytime, anywhere.

Working with best-in-class vendors was a priority and programs were designed to be deployed in new and innovative ways with a focus on digital learning. The LXP helped the client to expand its L&D portfolio significantly and enabled the team to drive various L&D programs seamlessly. Examples of the key value delivered include:

Shift from face-to-face to blended and virtual learning

Client's core face-to-face programs were re-designed in partnership with world-class vendors, to be delivered as blended and virtual learning sessions within the LXP.

Learning portfolio expansion

In partnership with the Josh Bersin Academy and Accenture, the client also expanded its capability development focus and created targeted programs in the learning platform, for the HR and Finance functions to scale the accessibility of transferable skills across the Group. The learning content portfolio at the client side grew exponentially to cover two main capabilities – leadership and functional, all delivered within the platform.

Digital Transformation

EdCast by Cornerstone digitally transformed L&D for client with focus on bite-sized, distributed and blended approach to learning on its LXP. EdCast by Cornerstone enabled the client to design its courses over time through the data-driven actionable insights and Artificial Intelligence-driven content curation capabilities.

Analytics

EdCast by Cornerstone LXP helped provide deep analytical capabilities to showcase better results and impact of learning programs, which helped in gaining confidence from the top management.

One-Stop-Shop

EdCast by Cornerstone LXP emerged as the one-stop-solution for all learning opportunities. It ensured that the learning programs are available and easily accessible. Today all learning and skilling iniaitives at the client side begin and end on their LXP. The client has effectively improved the end-to-end learning experience by bringing together everything to do with learning, under one platform.

With the help of EdCast by Cornerstone, client has successfully implemented its new learning strategy to make world class learning opportunities accessible to all employees and to embed a culture of lifelong learning across the Group. The LXP deployment also helped the client to scale their L&D programs to create an organisation-wide visible impact. Some of the achievements include:

Rapid and scalable growth in learner numbers

The L&D team was now able to attract large numbers of participants for its programs, which translated into tangible benefits. Many employees embarked on a lifelong learning journey and started using their learning on the job.

Solid adoption, activation, engagement, and satisfaction scores across L&D programs

Employees actively registered in various learning programs of client's learning strategy. Scores were generally high across all L&D programs with overall satisfaction at 94%.

Strong alignment to client's strategic priorities and fulfillment of the learning principle “Leaders teach Leaders”

To facilitate alignment, client's top management were appointed as executive sponsors of their flagship leadership programs. CEOs and functional heads from Group businesses insights via seminars and at other programs delivered virtually.

Increased awareness of client's learning academy branding

The learning academy recorded 65% growth in the number of program participants – a testimony to its efforts to seek attention from all Group businesses for learning academy's highly coveted programs such as Mind Gym and the Digital & Innovation Academy.

Close alignment between HR people agenda and business strategy

The Group Chief Talent & Learning Officer regularly updated client's top management on new learning strategy status. This attention among the senior management team led to the creation of additional programs to address specific business needs, for example an “Entrepreneurship Essentials” course was created as part of the Digital & Innovation Academy within the platform.

Some of the critical KPIs defining the success of the LXP deployment include: