Why Partnering with a Learning & Development Talent Provider is in Trend?

The importance of investing in learning and development strategies is common knowledge right now. While organizations agree with L&D interventions, they get confused between two options – investing in an internal L&D team or hiring a third-party learning and development talent company to get the task done.

This blog will help understand the benefits of partnering with a third-party L&D service provider compared to managing an internal team. These benefits are providing the organization with an extra edge, owing to which more and more organizations are taking the help of third-party L&D talent providers.

1. The ability to instantly kick off L&D strategies

One of the biggest advantages that organizations reap when they hire top L&D talent providers from outside instead of trying to build their own team is the speed with which they experience progress. With an experienced third-party learning and development talent provider, L&D interventions can be initiated from day one of onboarding the L&D provider. With a new team, though, the first few months would go into training the team, getting them comfortable with one another, and creating content and strategies.

2. Scalability

Another advantage of picking third-party learning and development talent providers is scalability. Let us explain this with a hypothetical example -

Consider that organization ‘A’ has 120 employees and a small and effective L&D team to handle the training and learning needs. In a quick turn of events, ‘A’ acquired another company ‘B’, and now the number of employees has increased to 520. How will the small L&D team handle the additional training needs?

Working with a third-party service provider can make scalability easy and hassle-free. The additional resource requirements would be handled by the service provider and will not be a concern to the organization.

3. Leveraging technology

One of the biggest advantages of working with external learning and development talent providers is the ability to use their tools and solutions. L&D technological investments can run to thousands of dollars for each initiative. Training service providers make this investment because they have to handle the L&D needs of multiple clients, and this is their core competency. The same passion for investment cannot be expected of the clients, for whom L&D is just a part of the benefits offered.

Therefore, organizations can actually save money and get access to high-end L&D technologies when they hire top L&D talent providers.

4. Work with top trainers and counselors without having to hire them full-time

Hiring an array of top trainers and counselors may be the best thing that can happen to any internal L&D team of an organization. However, this isn’t practical at all. Such professionals have very high hiring rates, and the organization may not have regular work to justify the costs. Hiring an external L&D team on a contingency-fee model may help organizations work with top talent but only pay for the time they invest.

5. Get an external perspective

Sometimes, internal experts cannot get a clear understanding of what is happening with their processes, and that is why getting an external perspective may help open newer avenues. A third-party learning and development talent provider comes with the experience of working with multiple clients, and this increases their scope of knowledge and expertise. As a result, they may be able to suggest the right changes that have not been identified earlier.

One of the smart strategies that many organizations adopt, is to hire an external L&D provider who has had experience working with some of the competitors. This would help adapt to the best processes in the industry when it comes to L&D initiatives.

Takeaways

One of the effective ways to get the best of both worlds, when it comes to L&D, is to have a small internal team that can work with external learning and development talent providers and together bring a difference in the quality of L&D initiatives.

On the surface level, it may seem very expensive to hire top L&D talent who work for multiple other clients. However, the advantages and strengths they bring to the table should not be ignored.

InfoPro Learning is one such third-party L&D solutions and service provider that can upgrade your existing L&D activities and bring changes that matter. We offer customized and pre-built industry-specific training and courses that help employees upskill, reskill themselves, and grow professionally.