The $330 billion corporate training market is enormous, fragmented, and complex. For years it was dominated by Learning Management Systems (LMS) and content providers, each pioneered in the early 2000s. These systems served well, but the needs of employees and organizations moved ahead.
Today companies want not only a place to find and administer learning, they want a “Learning Platform” that creates mastery. And this market, that of “Learning Delivery Platforms,” is far more complex than you think. Let me put it straight: video-based chapter by chapter courses don’t teach you much. Companies want a solution that is expert-led, engaging, includes assignments and coaching, and connects employees to experts and peers.
Well there’s a new breed of platforms focused in this area, and I call them Capability Academy systems. They are designed to build skills-based capability academies; they group large audiences into small cohorts; and they integrate with content with live events, assignments, collaboration, mentors, and experts. And they can deliver all this at scale.