the reinvention economy - totara learning

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© Totara | www.totaralearning.com Slide title 1 Welcome to the Reinvention Economy An open strategy wins in times of rapid change. Lars Hyland | Chief Commercial Officer | @larshyland | @totaralearning

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Page 1: The Reinvention Economy - Totara Learning

© Totara | www.totaralearning.com

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Welcome to the Reinvention EconomyAn open strategy wins in times of rapid change.

Lars Hyland | Chief Commercial Officer | @larshyland | @totaralearning

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Due to the exponential and broad effect of technology, industry sectors & whole economies are being reshaped.

Introducing Totara

“There will be 2,000 years of change in the

next 100 years”

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This has a profound effect on the workplace environment.Uncertainty is the only certainty.

“Average lifespan of S&P organisation has fallen to 15 years” Professor Richard Foster, Yale University / McKinsey

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The ability to learn and relearn becomes critical to survivalNeed for continuous / effective learning technologies grows.

Competitive cycle of products and services is shortening.Skills you need today are not the skills you need tomorrow.

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The new organization: Different by designPowerful forces are driving change for both HR functions and

the organizations they serve.

Global Human Capital Trends 2016

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Enterprise technology procurement

When change is now business as usualFlexibility and control must be retained

Locked in contractually and functionallyNo ability to respond positively to changed market conditions

Low satisfaction levelsOnly 30% of Learning Platform customers are happy with the service and value they receive.

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Enterprise technology procurement

Proprietary solutionsOne-size-fits-noneFixed feature setCostly to extend or integrate into other systems

Slow implementationOften takes 2+ years, by which time business need has changed.

Long contractsImpedes ability to innovate and be agile.

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Out with the OLD in with the NEW

OLD WORLD NEW WORLD

Learning ‘just in case’ Learning continuously

Reactive Prescribed learning

Proactive Demand-led learning

Generic One size fits all

Differentiated Mass specialisation

Proprietary Open

Vendor in control Customer in control

Invest and stagnate Stop, Restart

Invest and adapt Accumulative / sustainable

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Open software that YOU control• Partners provide services to meet your business needs as

they are now• When business needs change• Add functionality / integrate• Scale up / Scale back• Switch partner to access specialist skills / Take in house

Investment is accumulativeLower cost of ownership + solutions aligned to real needs

An open strategy wins in rapid change

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Totara Success stories

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In a nutshell…

Over 1100 organisations

With 8 million users

In 47 countries

In 25 languages 85 partners worldwide

130 success stories shared

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“We are continually thinking about the future, pushing our expectations, and are consistently surprised at what the system is capable of and what it can do for us. The flexibility the platform offers is unrivalled.”

– Lindsay Barrie, Learning & Development Manager, A.G. Barr

PREPARE FOR REINVENTION

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“The less people even realise they’re using an LMS, the better we’ve done our job. The end goal is for them to find what they want at the point of need, in a system that has the right level of experience for a Sky product.”– James Perez, Learning Technology Manager, Sky

PREPARE FOR REINVENTION

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Download sector case study guides:

www.totaralearning.com/resources

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See our open learning platforms in action at these partner stands

For more on the REINVENTION ECONOMY:

[email protected]