Dive Brief:
- Corporate learning has become one of the most disruptive markets within HR, according to an article at Chief Learning Officer.
- High-profile HR technology expert Josh Bersin writes that more than $1.8 billion of private equity investment has gone into the education technology sector in the past year, including hundreds of new video learning companies, marketplaces, tools and academic education companies that have appeared. He says there has also been an explosion of written content, easily searched and curated with mobile tools.
- While the digital world now offers a "veritable ocean" of free or nearly free content, Bersin reports, it's not a world the majority traditional learning management systems(LMS) were designed to manage.
Dive Insight:
Bersin's view of this "new world" of the LMS points to a "reinvention of the market once again."
While Bersin is not saying that existing LMS products are going away yet, his 20+ years of experience tell him that a major disruptive shift is taking place. The LMS of today should be nimble, he writes, adding that too many companies are held back by legacy LMS investments that hinder evolution.
He predicts that within he next year or two, there will be major new players on the scene and corporate learning professionals may have an easier time managing this content.
