As companies continue evolving, so do the crucial leadership skills they require. However, organizations spend billions of dollars yearly to train employees yet remain unsatisfied with the results. In an Harvard Business Review article, Mihnea Moldoveanu and Das Narayandas argued that the clash of company and employee goals is one of the main reasons for this. Other reasons include the lack of interpersonal skills being taught and the rare application of acquired skills. The solution, Moldoveanu and Narayandas suggest, is the “Personal Learning Cloud” (PLC).
PLC consists of an increasing number of online educational platforms and tools that customize content according to learners’ and their organizations’ needs. Traditionally, only institutions like business schools and training consultants offered employee development programs. However, online course providers and other fledglings are now joining the game.