Kydon is now working with Towards Maturity to bring this benchmark programme to Singapore to help businesses accelerate progress by learning from the successes (and lessons learned) of colleagues around the globe. The Towards Maturity Benchmark is considered one of the most comprehensive independent reviews of how organisations are establishing successful e-enabled learning strategies in the workplace.
Its performance indicators and effective practice benchmarks have been refined through the participation of 2,900+ organisations and 10,000 learners around the globe. Since 2003, the findings have been used by L&D organisations around the globe to track progress and improve performance. The study is constantly kept up-to-date through wide industry collaboration.
What is Benchmarking?
Benchmarking is the process of comparing your business processes and performance metrics to industry standards and/or good practices from other industries. Benchmarking can be done either formally or informally. Informal benchmarking is usually a process of reviewing by attending conferences, making simple comparisons and learning about good practices. This is a partially effective way of reviewing current practices in order to refine learning and development, but lacks the potential for dramatic improvement in comparison with formal benchmarking. Formal benchmarking is a systematic approach used to compare an organisation’s performance with the top performers in their field. This provides a host of insights into different areas of learning and development within an organisation, identifying weaknesses and strengths as well as an overall indication of L&D efficiency. The Towards Maturity Benchmark remains the only free, independent and confidential formal benchmark process available to learning and development professionals to date.
Businesses have been benchmarking since the early 90’s, in order to develop new direction and improve performance. Since 2003, Towards Maturity has been applying good practice benchmark principles to help L&D departments do the same. Learning innovation, done well, has the potential to support business agility and competitiveness.
How does it work?
By taking part in the Benchmark, you review your approach against the Towards Maturity Model and reflect on your current benefits via an online survey. We use this information to place your organisation on the Towards Maturity Index, which helps you to establish a baseline upon which you can build your practices.
The Towards Maturity Model
We have identified six workstreams of effective practices which collectively entwine to help improve learning innovation and impact in the work place. These workstreams, known as the Towards Maturity Model, form the basis of our underlying benchmark process. The behaviours in the workstreams are reviewed annually with industry subject experts and practitioners.
What benefits will participants have?
Participating L&D leaders will have the opportunity to use the Towards Maturity Benchmark as a performance improvement tool as it provides them with an opportunity to:
Review current L&D aspirations, progress, and approach through a free online study
Compare results and approach with others, Each participant will receive their free Personalised Benchmark Report to compare approaches with both peers and the top performers in the field from around the globe
Act on the findings to improve performanceHow does Towards Maturity Help?
An example of the TM Personalised Benchmark Report from 2013 can be found here.
Participants will also have the opportunity to attend a tailored workshop in November with Towards Maturity that will help interpret their own personalised report and identify the actions that they need to take to progress.
What will participants get?
For more information: [email protected]