Lumos’s Victor Hu was a contributor in research surrounding the Corporate Learning segment conducted by the Boston Consulting Group and the Teachers’ Innovation Platform, a division of the Ontario Teachers’ Pension Plan. The study highlighted the role of EdTech in the Corporate Learning space, including themes and opportunities for those building solutions for this segment.
Excerpt from the study:
We see three interlocking areas of opportunity for EdTechs: fostering learning cultures, cultivating learning communities, and building learning into the workflow. All three reinforce one another. (See Exhibit 2). Companies that promote strong learning cultures are more likely to attract and retain diverse talent—and encourage the cross-pollination of skills within learning communities. Meanwhile, the emergence of learning communities helps to incorporate learning into daily workflows and changes managers from taskmasters to coaches and facilitators. All these activities create a virtuous cycle that continually reinforces an organization’s L&D. EdTechs that facilitate this cycle will have a unique chance to integrate themselves into the learning fabric of their partners.