Why Leaders Need to Foster a Learning Culture
Career

Why Leaders Need to Foster a Learning Culture

The pandemic brought a transformation to the working world, and as we enter the age of AI, businesses need to act now to future-proof themselves.   Going forward, the growth in technology and workers’ re-evaluations of their working lives means that incorporating a learning culture needs to become a top priority for organisations to future-proof, […]

November 18th, 2023
*

Abby.

Founder

A search expert making key hires for over twenty years.

The pandemic brought a transformation to the working world, and as we enter the age of AI, businesses need to act now to future-proof themselves.

 

Going forward, the growth in technology and workers’ re-evaluations of their working lives means that incorporating a learning culture needs to become a top priority for organisations to future-proof, attract, and retain their top talent.

 

“The psychologically safe learning environment has moved centre stage”

– Amy Edmondson, Professor of Leadership and Management, Harvard Business School

 

Let’s explore further:

 

 

There’s an Urgency for Reskilling and Upskilling

According to the Organisation for Economic Co-Operation and Development (OECD), over one billion workers will need reskilling by 2030.

 

Upskilling and reskilling are urgent; it’s a matter of when, not if.

 

The skills gap is widening, and organisations need to be proactive in their approach to ensure their workforce has the necessary skills to meet the demands of the future.

 

 

The Current Landscape

 

A culture of learning will be crucial in this new era of work. According to a Linked-In workplace learning report, only 9% of UK workers are ‘enthused’ by their jobs, resulting in record lows in productivity and retention.

 

In his annual letter to CEOs, Larry Fink, CEO of BlackRock, emphasised that even top leaders need to adapt to the changing business landscape. They “need to be asking themselves whether they are creating an environment that helps them to compete for talent”.

 

Flexibility, diversity, and employee wellbeing are now at the top of minds for C-Suite leaders as well as HR, and organisations must prioritise these to future-proof themselves.

 

 

Learning & Development is Important to Your People

L&D is not just about equipping your people with the skills they need to do their job; it has a secondary goal.

 

Learning and development is important to employees as it helps to advance their own careers. In fact, 94% of employees say they would stay at their company longer if it invested in their careers.

 

Focus needs to shift from extrinsic motivators (such as salary) to intrinsic motivators if businesses want to retain top talent.

 

Post-Covid, your peoples’ priorities are changing.

 

 

The Power of a Learning Culture

Employers need to foster a learning culture going into this new era of work, and it starts at the top.

 

Several years ago, Microsoft CEO, Satya Nadella, prioritised learning calling for “a culture founded in a growth mindset”. Put simply, he advocated for innovation, experimentation, and invention. This culture helped Microsoft’s success; their stock price has since quadrupled since Nadella became CEO.

 

 

Fostering a Learning Culture

It is understandable why organisations will have focused on short-term outputs during the uncertainty of the pandemic. However, leaders now need to be focusing on the long-term if they want to adapt effectively and drive growth.

 

Building a learning culture requires organisations to promote continuous learning as a mindset. Additionally, there needs to be space created for your people to freely discover and develop new skills.

 

Jeff Bezos, Executive Chairman of Amazon, believes that experimentation is key for innovation and invention. “To invent, you have to experiment and if you know in advance it’s going to work, it’s not an experiment.”

 

The role of psychological safety

An organisation’s learning culture should be practical, inclusive, and inspire curiosity. It should also foster psychological safety to create a safe space for this experimentation and expression of ideas.

 

Amy Edmondson, Professor of Leadership and Management at Harvard Business School, said that “every time we withhold our thoughts, we rob ourselves and our colleagues of small moments of learning.”

 

Modelling learning behaviour

It is also important for senior leaders to model learning behaviour to encourage their people to prioritise it too.

 

Global pharmaceutical company, Novartis, role modelled learning and set a goal for their employees to spend 100 hours of their time on learning a year. Chief Learning Officer, Simon Brown said they did this “not because a hundred hours is a scientific measure of what one should spend on learning, but actually it was a symbol to say the company wants people to be spending time on learning.”

 

 

In Summary: Empower Your People

Empowering your people to learn how and when they want is key to building a successful learning culture.

 

Creating a safe space for idea exploration and proactively demonstrating the importance of learning and growth are both important steps in building this culture.

 

Learning is now no longer just part of HR and L&D teams; it has become a business imperative.

 


 

 

Looking to hire? Get in touch with one of our hiring experts.

 

 


 

read more employers

 

🏡 Remote war rages on. What’s your take?

 

💼 3 Business Leadership Skills You Need to Hire in 2023

 

🧲 Want to attract the best talent? Here are 8 easy wins to get started

 


 

read more candidates

 

💡 How to Give Your CV the Edge

 

🎯 8 Steps to Getting Your Career Back On Track

 

4 Leadership Skills That Will Turbocharge Your Career

 


 

 

Need more content like this? Join our newsletter

 

 


To find out more about how to focus on your brand, get in touch today.
Want to hear about our other articles?
Looking to hire your next superstar?
Keen to explore our latest vacancies?
Yellow Bricks is a female-owned and led executive search firm hiring predominately for software companies with diversity and inclusion at the heart of our offering. To learn more, click here.
Related posts
4 Leadership Skills That Will Set You Apart in 2024

4 Leadership Skills That Will Set You Apart in 2024

Are you aspiring to lead in 2024?   If so, you’re in the right place.   It can be tough to figure out the best next moves to make in your career in a world that is constantly changing, and for those looking to lead, the demands of a leader are evolving faster than ever […]
Weathering the Storm: A Guide to Navigating Economic Headwinds

Weathering the Storm: A Guide to Navigating Economic Headwinds

  Wages Rise, but Real Gains Slow: What Does This Mean for Your Workforce? The UK’s economic landscape in 2024 has been marked by significant inflationary pressures. While wages have seen a 4.8% increase, inflation-adjusted growth has slowed to 1.9%. This means that despite nominal wage gains, the rising cost of living has eroded the […]
8 Ways to Keep a Job Search Going Over the Summer

8 Ways to Keep a Job Search Going Over the Summer

Are you seeking a new opportunity this summer? During this time of year, you will want to spend quality time with friends and family. How can you balance work and play effectively when looking for a new role? We share our top 8 tips for keeping a job search going over the summer:   Review […]
Employment Law Reforms

Employment Law Reforms

Labour’s ‘once-in-a-generation’ reform will affect sick pay, maternity pay and rules around unfair dismissal. Under sweeping new laws, more than seven million people will gain the right to claim sick pay, ­maternity pay, and protection against unfair ­dismissal from their first day on the job. As a UK Recruitment and Staffing expert, our founder, Abby […]
8 Ways to Supercharge Your Talent Pipeline

8 Ways to Supercharge Your Talent Pipeline

The talent landscape is evolving rapidly, driven by technological advancements and shifting workforce expectations.   In a world increasingly dominated by AI and automation, the human element in recruitment has never been more critical.   Here are our key strategies for a talent attraction strategy in 2024:   Humanise the Hiring Process AI has its […]
3 Business Leadership Skills You Need to Hire in 2024

3 Business Leadership Skills You Need to Hire in 2024

In the fast-paced and ever-changing business landscape of 2024, hiring the right leader is critical to organizational success.   As Deloitte found, businesses with a culture led by great leaders were 12 times more likely to have high business performance.   But you’ve got to know what to hire! And that can be difficult to […]
5 Questions All Leaders Should Be Asking Their Teams

5 Questions All Leaders Should Be Asking Their Teams

70% of employees say their purpose is related to their work.   People who feel their work has purpose are often more satisfied with their professional lives and loyal to companies who advocate for their own lives and careers.   They are 69% less likely to plan to quit their jobs within the next 6 […]
The Metaverse

The Metaverse

The internet, as we know it, is a 2D world in which a range of information and entertainment is instantly accessible. Despite these extraordinary capabilities, the tech world seeks further growth and expansion. The focus has turned towards creating:   ‘The Metaverse’ 🌍 The Metaverse would allow for a more immersive digital experience by turning […]
Leading Alongside AI: 4 Essential Skills Leaders Need

Leading Alongside AI: 4 Essential Skills Leaders Need

As we enter a new era of innovation and technological advancement. AI is becoming an increasingly important part of the business landscape – including in leadership. A 2022 survey saw 92% of large companies say that they have already announced plans to invest more into AI.   AI is here to stay, and it is […]
8 hacks to attract the best talent in 2024

8 hacks to attract the best talent in 2024

Our product is people, which means that we have to evolve constantly.   Staying adaptable and open to change is crucial to navigating the complexities of finding and attracting exceptional talent.   One thing we stand by is that people MUST be treated as people; if you want to attract the best, it takes dedication, […]

Join 2,500+ forward-thinking leaders.

People. Culture. Growth.
Unlock your leadership potential with our biweekly newsletter. No spam, only gold.