Page 5 - Fab & Co

FACTS AND FIGURES FAB & CO
The ideas of Coworking and Fablab embody cultures and working spaces designed to foster peer-to-peer learning and mix different skills and competencies. Their time has come.
A culture of innovation is transforming contemporary organisations with features that contrast markedly with what has gone before. Technological advances coupled with a continuously changing business culture mean that every company must up their game and embark on a programme of continuous improvement in developing the skills of employees.
At the heart of this change is a process of innovation with regard to learning experiences that empowers employees to make their own individual choices about training and education, leading to continuous personal development which in turn shapes the culture of learning in the firm.
Providing an environment that allows the employees to learn new skills and competencies is a feature that helps the companies to stand out in the highly competitive talent market.
“Traditional learning management system companies are rapidly evolving in their ability to deliver modern, compelling experiences for learners (...). CB Insights, which tracks venture investments, estimates that more than $3 billion was invested in new learning and educational start-ups in the first six months of the year 2015. Almost $1 billion of this went into tools, content, and companies that focus on the corporate market”1.
A new perception of what we perceive personal development to be and how it should function underpins the renewed interest of organisations in learning cultures.
According to a trend report by Deloitte2, learning has become “an essential tool for engaging employees, attracting and retaining top talents and developing long-term leadership for the company”, even when this new demand leads to a profound transformation in the organisation.
One of the most apparent manifestations of this change can be seen in the way that the process of learning is embedded in the day to day working lives of people, rather than as a series of separate programmes and courses.
None of this is particularly new. Some existing learning models already embraced the idea that a range of experiences and activities led to
The advantages of adopting experiential and continuous learning.
Data: 8 Reasons Why Experiential Learning Is The Future Of Learning, 2014
FACTS AND FIGURES 5
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PROVIDES ACCURATE ASSESSMENTS OF RESULTS
BRIDGES THE GAP BETWEEN THEORY AND PRACTICE
INCREASES ENGAGEMENT
ENABLES CUSTOMIZED LEARNING
PROVIDES
A SAFE ENVIRONMENT
PRODUCES MINDSET CHANGES
ACCELERATES LEARNING
DELIVERS GREAT RETURN ON INVESTMENT
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