1、uncommon senseTMThe Skills Gap,AI,and the New Corporate ClassroomTraining Transformed 02|OC&C Training TransformedWHAT WE COVER IN THIS REPORT Sprinting to Keep Up with Moores Law:an in-depth look at the underlying drivers of the Learning and Development(L&D)industry,focusing on market growth,and th
2、e impetus provided by the growing skills gap.The New Corporate Classroom:how AI,personalised learning,and the shift from traditional to blended learning delivery is impacting corporate training.Evolving to Excel Competition and Innovation in L&D:key considerations for both new entrants and existing
3、players in the L&D space,focusing on customisation,blended delivery models,and technology integrations.Insights come from a variety of sources,primarily an OC&C survey of 600 senior HR professionals in both the US and UK.This includes training buyers in both L&D functions and other business unit spe
4、cific functions.This was supplemented by targeted interviews with key industry participants and providers.OC&C Training Transformed|03SummaryTHE LEARNING AND DEVELOPMENT INDUSTRY IS IN FLUX:WHILE THERE ARE STRONG UNDERLYING MARKET TAILWINDS PROMPTED BY A GROWING SKILLS GAP,AI AND CHANGING CUSTOMER N
5、EEDS MEAN INCUMBENT PROVIDERS ARE EXPERIENCING DISRUPTION.1.Sprinting to Keep Up with Moores LawA skills gap,particularly in digital skills,represents an existential threat to businesses.This skills gap is long-running,cross industry,and widening.Despite this,businesses have historically focused on
6、a zero-sum war for talent focusing on hiring new talent rather than upskilling.However,change is on the horizon.Leaders are increasingly recognising the inherent challenges of hiring and are pivoting their focus towards training and upskilling existing employees.2.The New Corporate ClassroomThe long