Fosway Group, Europe’s no.1 HR industry analyst, has completed the insights from its annual Digital Learning Realities research, in association with the world’s leading workplace learning tech event, Learning Technologies. Now in its 9th year, the research explores how L&D teams rise to the challenge of a fast-changing tech landscape.

Crucial to L&D teams is the support of the C-Suite. Organisations where their executive team believes learning and people development are central to success are almost twice as likely to have seen their overall L&D budget grow in 2023. Even more importantly, an enthusiastic C-Suite is almost three times more likely to accelerate their investment in new digital learning projects.

Over the coming weeks we will be releasing scheduled infographics detailing this years results, the first 3 of which can be found below.

Learning Technology Maturity

Learning technology has still to deliver a consumer grade learner experience for the majority of buyers. With around half of all organisations saying their learning platforms are not fit for the modern workforce, most organisations still have a problem with their learning technology. This is driven by the range and quality of learning experiences that solutions can support.

L&D budgets are feeling the biggest pinch since we started the survey in 2016

Belts have been tightening this year but not all L&D teams have seen their budgets come under scrutiny.
Compared with 2022, the number of L&D teams who expected to have their overall budget decrease has risen from 8% to 21%. And those expecting to see increased budgets has shrunk by over 10%.

Compliance continues to lead L&D priorities for 2023

Whether we like it or not, annual compliance training is the No. 1 driver of learning activity.
57% of our research participants highlight compliance and regulatory training as their top priority for the year ahead.
Compliance training is changing; progressive learning teams are looking to increase its efficiency and effectiveness by using adaptive, spaced, scenario-based learning techniques.

We all intuitively know that executive engagement is critical in any aspect of business. If you don’t have it. I think we’d all say you’re going to struggle. But, that L&D teams who have C-Suite support are twice as likely to see their learning budgets increase, compared to those who didn’t, especially when the economy has been so tight, shows just how essential it is for L&D managers to have an influencing strategy for the C-Suite. If you don’t you really are selling all your people short.

David Perring, Chief Insights Officer, Fosway Group

In what looks once again like a challenging tech landscape for L&D teams, respondents to our latest research are at least aware of the need to improve their tech solutions in search of a better employee experience,” comments David Wilson, CEO of Fosway Group. “and, in a climate of reduced L&D spending for many organisations, it’s good to see that investment in digital learning is largely resistant to tighter budgets. It’s now up to L&D to repay this by proving its value.

David Wilson, CEO, Fosway Group
Last year Fosway Group conducted the survey of its corporate research network and in partnership with Closer Still as part of the Learning Technologies Show from February 2022 to July 2022, focusing on CHROs, Talent & L&D Directors, Managers and Learning, Talent & HR Technology professionals.