Introduction

Business analytics has emerged as a strong area of growth. Organisations have realised the importance of analytics. As a result, the demand for analytics professionals is on the rise. These professionals are expected to have a deep understanding of data and how it can improve business performance.

The secret to business analytics is to approach it as a strategic initiative. It should not be looked at just as a technical process. Certifications from reputed organisations can further your career path.

What is business analytics certification?

Business analytics certification is a professional certification programme. It works as proof of knowledge of an individual in this field. It also works as a confirmation of the skills. It helps build one’s credibility and career prospects. In addition, it improves earning potential.

A business analytics certification programme covers a wide variety of topics. Various platforms also come up with certifications that hold value in the industry. A certification in this field is important to showcase that an individual has the required skill and knowledge.

How to select the right business analytics certification?

Selecting the right business analytics certification can be challenging. There are a lot of options available. Here are some factors to consider while selecting the right one:

1. Relevance to career goals

Choose a certification programme that aligns with one’s career goals. Consider the skills one wants to develop. Look for programmes that offer training in various areas. The important bit here is to match the expectation with the training being provided.

2. Credibility

It is important to consider the credibility and reputation of the programme. Also, take into account the organisation’s reputation. Search for programmes that have the endorsement of companies and trade associations. This will help to make the right choice.

3. Curriculum and course delivery

Review the curriculum and course delivery methods. Ensure that the programme covers the topics that are needed. Also, consider the course delivery method. Both these factors are important to understand if the option is relevant.

4. Eligibility

Check the eligibility requirements of the programme. Some programmes may require specific educational qualifications, work experience or technical skills. The eligibility should be checked properly to ensure it is a good fit.

5. Cost and duration

Consider the cost and duration of the certification programme. Ensure that the programme is affordable and fits within the budget and schedule. The cost of the programme should not be the only criterion for selection. It can be a case where the right option is a bit costly. But, it would add more value as compared to the cheapest one.

6. Support and resources

Look for programmes that offer support and resources. Support like study materials, online forums and mentorship help a lot. These resources can help prepare for the certification exam and succeed in the career.

To summarise

Business analytics is a booming field. It is expected to have strong demand for professionals in the future. It is important to have the right certifications in place to identify the right opportunities.

Business analytics certifications can help one gain the necessary knowledge and skills. This knowledge can be used effectively in business decisions. These certifications can help to stand out in a competitive job market.

The Postgraduate Program in Data Science and Analytics from Imarticus Learning can be considered for an in-depth learning experience. It is among the most popular business analytics online courses available. This certificate programme in business analytics helps provide basic to advanced knowledge about business analytics and data science concepts.

State of the Industry

In 2016, a World Economic Forum report mentioned that the shelf life of skills has reduced. That it was a mere 2-3 years was reiterated in 2020 by an industry leader.

The reasons for this are many. Some include rapid technological advances, innovation, automation, demographic workforce changes, increased mobility and urbanisation.

Impact on Organizations

Organisations must deal with the widening skills gap and scarcity of skilled resources. Training to upskill is essential for survival and growth.

A Forbes report highlighted the need for companies to recognise Learning and Development (L&D) as a foundational investment in company culture. PwC reported that 42% of employers in the middle-east encouraged reskilling.

Employees, too, are eager to embrace L&D. As per an independent survey, 9 out of 10 employees craved L&D.

No wonder why corporate learning and development programs have an overwhelming pull from everyone everywhere!

A Dozen Reasons Why and How We Can Help

Upgrade growth skills

Life-long learning is an essential growth strategy for both businesses and individuals. An effective L&D platform can help upgrade in-demand skills regularly. It builds capabilities to get the job done despite changes over time.

Use technology effectively

People have shifting priorities. Modern L&D platforms use technology to help learners to learn at their convenience. An L&D platform that provides flexible, mobile and learn-from-anywhere aids learning. 24×7 access to smart classrooms plus recorded sessions helps immensely.

Engaged learning

Gamification for e-learning using virtual labs keeps learners highly engaged. Experiential learning with simulated tasks and activities makes learning practical. Training that involves dangerous tasks or work environments becomes risk-free in a virtual world.

Proven methods

Good Corporate learning and development programs use proven methods—process steps in learning help to build learner skills and confidence. The use of reflective learning and experimentation helps better grasping. Applied learning is a key inclusion in the learning process.

Customised learning

The needs of L&D vary in organisations. The ability to customise corporate learning and development programs is essential. It can also personalise the learning pace and experience to suit individual learners.

Holistic approach

Given the skills churn, L&D must be a holistic pursuit in organisations. The approach needs to address the entire learning lifecycle of employees. They must assess and adapt to the learning needs of individuals periodically.

Domain expertise

Deep and extensive domain expertise can be combined with gamification for e-learning.

The dual edge of specialised knowledgebase and trainers can unlock the true potential of learners.

Drive innovation

The frequent emergence of new technologies is driven by disruptive innovation. Corporate learning and development programs can equip teams with newer skills. These can, in turn, drive innovation and growth.

Motivated performance

An L&D culture in organisations usually leads to healthy competition. Peers and teams are motivated to improve their skills. This raises the performance bar and improves overall performance.

Improved productivity

L&D programs inculcate a culture of valuing time and quality. Time, effort and rework saved is money earned. This leads to a positive impact on profitability from improved productivity.

Brand goodwill

Employees who benefit from L&D initiatives spread the good word that builds the brand’s goodwill. It cascades into attracting skilled talent and quality customers asides from a growing list of well-wishers.

Future readiness

Corporate learning and development programs are a non-negotiable must-have for organisations and employees to be future-ready.

Why Choose Us?

Imarticus has trained over 1.2 million professionals from 250+ global fortune 500 clients using the expertise of 300+ trainers. With an experience spanning 60000+ man-days of training with a 4.32 out of 5 trainee feedback score, it’s a reliable choice.

Several studies show that opportunity to upskill is a sure way for companies to boost their Employee Value Proposition (EVP). The promise of a chance to learn from the best of the best via IIM certification courses further adds value.

Offering deserving employees a means to upskill with quality training is an effective retention strategy. This blog talks about the benefits of workforces pursuing IIM online courses.

Six Advantages of IIM Certification Courses

Here is a look at how IIM certification courses can add value to workforces around the world:

World-class pedagogy

The IIMs have built a name for innovation and able pedagogy over several years. There has been a rise in several private education players. But, IIMs have maintained their standards. Today, the IIMs offer several useful online programmes. These enable working professionals to upskill and stay relevant in their fields.

A contemporary curriculum

The challenges and modern workplaces are constantly evolving. Technology has sped up the pace at which change is affecting the workplace. IIM programmes match the constant changes in the curriculum. New subjects are introduced to professionals to build new skills and knowledge.

Thrust on leadership

The IIMs have produced several industry leaders. Several thought leaders have emerged across every sector. Some have gone on to build world-class companies. Thus programmes from the IIM come with a strong focus on honing leadership skills. These include critical thinking, communication, and empathy. Skilling the workforce through such programmes is an investment. It helps in building a future pipeline of company leaders.

Blended learning

Traditional MBA programmes teach through lecture-style classroom learning. The online executive programmes are delivered through live instructor-led sessions, hands-on training, collaborative learning, and on-demand learning resources. Access to these options enables remote, hybrid and on-site employees to learn at their own pace. They also have the option of learning faster.

High-quality on-demand resources 

Learners today get training in many ways. Executive programmes have changed their learning methods per the new trend. Learners can get new concepts through on-demand resources such as videos, audio representations, conversations, and multiple-choice questions.

They can learn by using their listening, speaking, watching, and writing abilities. Access to top resources helps in self-learning. It is a handy skill in the modern workforce.

Diverse programmes

Modern workforces need skill sets that help to bring success. The IIMs offer a wide range of specialisations. These enable companies to upskill their workforces per market needs. From finance and HR to leadership and change management, the IIMs executive programmes have them covered.

In Conclusion

Investing in high-quality online upskilling can be a game-changer for corporations looking to stay relevant in these times of accelerated change. By investing in online IIM certification courses, companies can empower employees from any location to become excited about upskilling and expanding their knowledge base. Building a culture of upskilling can trigger growth, leadership, and long-term retention of employees of the present and future generations.

If your company aims to introduce highly effective, relevant IIM certification courses, connect with us at Imarticus to start a conversation. Our interventions come with great attention to deal and the ability to customise courses based on real-time training needs.

The Indian Institute of Management (IIM) is among the top business education institutions in India, with a solid track record. Few people know this, but they also have online courses for professionals. The job market today has become very competitive. Owing to this, working professionals have to upskill and stay updated in their field. One way to do this is through IIM online courses.

However, people still need to be more confident about taking online courses. A recent survey shows that 70% of employers accept online education as equal to an offline degree. Moreover, 50% of students now take at least one online course during their learning phase. Therefore, IIM online courses for working professionals are becoming more popular. Moreover, as we head into a more digitised environment, it will continue to multiply.

How IIM Online Courses Affect Organisations?

IIMs have recently started providing online courses for working professionals. Various IIM certificate courses can have a positive impact on the organisation. By taking this course, they can:

• Improve skills and knowledge
• Keep their position
• Boost company reputation
• Increase competitiveness
• Boost revenues

IIM online courses certainly impact any organisation’s workforce.

About Imarticus Learning

Imarticus Learning is one of the best educational institutes in the country. It has various courses that are popular among working professionals in the finance and business domains. Moreover, Imarticus Learning has centres in several cities throughout India, It also offers online courses.

The company designs its courses with industry experts in various fields. The relevant courses are based on the present market. It recently announced a new course in collaboration with IIM Raipur. The course will begin on February 18, 2023.

The 10-month programme is best for professionals in the mid to senior-level positions. The course’s main aim is to help them counter the various market challenges.

How Will Imarticus Learning Help Organisations?

Imarticus Learning can benefit organisations in many ways. It provides opportunities for employee education and development. This helps organisations to adapt to current industry trends. It also enhances the organisation’s competitiveness in the marketplace.

These are the reasons for choosing Imarticus Learning’s IIM online courses:

• Industry-focused courses: Courses in financial services and business analytics promise better jobs.
• Practical experience: They provide students with practical experience through internships and projects. It can prepare them for real-world scenarios and job market challenges.
• Industry partnerships: Imarticus Learning designs its courses with the help of industry experts. This ensures that the curriculum is current and relevant to industry trends.
• Flexibility: Imarticus Learning has centres in several Indian cities. They provide IIM online courses to give students location flexibility and the mode of study.

How Successful is Imarticus Learning?

Imarticus Learning has partnered with titans of industry. During the last decade, the company has partnered with various leaders like Capgemini, Goldman Sachs, and Deutsche Bank, to name a few. The company claims 85% of its students get jobs in the world’s largest and most well-known companies.

It has partnered with as many as 500 firms, and the list is growing yearly. This is due to cutting-edge innovation and a robust staff of mentors.

Final Thought

The IIMs are India’s top business schools. They offer a wide range of online management and related courses. Working professionals can advance their education and careers through Imarticus Learning. Imarticus helps to upskill and succeed in chosen fields.

So, if you are looking for a way to upgrade yourself, then IIM online courses for working professionals are an incredible choice.

The Post-Pandemic Staffing Revolution

Staffing solutions are going through two transformations at the same time.

1. The COVID-19 pandemic led to the rapid adoption of automation in firms. This includes workplace culture and communication techniques. It also includes engagement and problem-solving methods. Hence, businesses should rethink the part employees play in the firm.
2. Mass layoffs happened recently. This took place at some of the world’s largest technology and e-commerce companies. These include Meta, Twitter, Alphabet and Amazon. This has put focus on the importance of upskilling the workforce.

Companies need to rebuild their workforce to improve flexibility and efficiency. They should think about investing in corporate training solutions. They also need to make changes to their staffing solution budgets. The value of the global corporate training solutions industry was USD 3,32,931.1 million in 2019. Expect it to grow at a CAGR of 8% from 2021 to 2030. Expect it to reach USD 4,87,305.7 million.

What are Corporate Training Solutions?

Corporate training solutions are workplace learning initiatives. Customised solutions meet the needs of a firm. They assist staff in acquiring abilities to support the objectives of the business. The training helps in the development of skill sets. These include communication, negotiation and technical knowledge.

Importance of Customised Corporate Solutions

The World Economic Forum estimates that 40% of essential skills will change. This will happen in the next five years. This is about employees who will stay in their current positions. The report estimates that 50% of all workers would need re-training. In-demand skills will change over the next five years. Thus, skill gaps will continue to be wide. Employers predict that active education and stress tolerance will become more important. This will take place after 2025. Critical thinking and problem-solving will remain in demand.

Businesses need to explore customised solutions. They need to develop a responsive workforce. They can install short-term Learning and Development (L&D) programs. These include small modules and pre-recorded sessions. Employees can gain information by replacing offline courses with e-classrooms. Segment virtual live learning into smaller programs.

Corporate training solutions achieve the following objectives:

• Help to review human resource policies.
• Help employees gain a better understanding of their roles.
• Assist executives in improving talent management.
• Encourage participation in leadership development programs.
• Contribute to unity in the firm.

Role of Imarticus Learning in Designing Staffing Solutions

A customised corporate solution by Imarticus Learning involves the following steps:

• Identify the objectives
• Design a comprehensive learning framework
• Execute the training solution
• Offer support for a seamless experience
• Measure the effectiveness of the training
• Take feedback for future improvements

Imarticus Learning offers end-to-end staffing solutions in many areas. These include e-learning, induction, upskilling, quick hiring and management development programs. It specialises in various domains. These include banking and financial services, analytics, technology and life skills.

Why Choose Imarticus Learning?

Imarticus Learning is well-known for its innovative approach. It bridges the gap between academia and organisations. Its mission is to enhance human skill capital to meet current and future job demands. There are over 500 trainers. These consist of industry experts. Imarticus provides 4000+ corporate training days and 2800+ e-learning hours. Thus, it helps rebuild the workforce through pioneering corporate training solutions. The company has a presence in India, the UK, UAE, Qatar, Oman, Bahrain, Saudi Arabia, Egypt and Singapore.

The industry is becoming competitive. Thus, it is important to cultivate a learning culture. Companies should encourage employee development. This provides a better chance of retaining employees. It prepares their workforce for business growth.

10 Ways to Make Your Corporate Training Programs More Effective

Corporate learning and development programs are powerful forces that drive better management and results of operations. In a survey done by TalentLMS Remote Work Survey, 66% of the 1,000 respondents reported that they got some form of a corporate training program in 2020.

Building proper corporate training programs requires a lot of energy, time, and effort. There is no perfect way to do it, but there are a few aspects to focus on while planning a leadership development program.

10 Ways to Plan a Successful Corporate Training Program

1. Having a Focused Goal

It is crucial to decide the goal of a training program before planning it in detail. A clear goal for the training program makes it easier to understand what the company wants to achieve. The program should be planned around this goal.

2. Keeping the Design Flexible

Any corporate training program is bound to fail if it is not flexible. Managers must ensure that the design suits what the employees want from the program. Also, not all employees would want the same thing; thus, the program design must address several needs. Making a flexible training program ensures that people of various talents can work and learn together.

3. Taking Small Steps

One must be careful while creating corporate learning and development programs with limited resources for the company. The best way around a modest budget is that companies can create small pilot programs. These can also help them understand the choices and demands of the company and employees better.

4. Managing Time

Most programs fail because of time-related conflicts between employees and the company. It is best to lighten their workload before presenting the employees with training programs. This ensures that they are not overburdened.

5. Providing Leadership Support

Support from team leaders is crucial for the effectiveness of corporate training programs. Often, leaders and employees disagree about the duties and time of leadership programs.

Good leadership enables active participation in the program. Companies can also design the right leadership training programs to provide good leadership support.

6. Encouraging Employee Participation

The output of corporate learning and development programs depends on the active participation of the employees. The trainer must help the employees come out of their shells and inspire them to learn actively from the program.

7. Using Modern Technology

A corporate training program must include training in the technology related to it. A lack of such technological knowledge can lead to useless learning. In turn, this frustrates the employees and makes the program ineffective.

8. Choosing the Right Trainer

Companies need to focus on hiring the right trainer. Just designing training programs will not make them effective. It is the creative and keen trainer who can bring out the best in employees. They should be able to teach and motivate employees.

9. Merging Training and Organisation Goals

The goals of the corporate leadership and development programs and the organisation must match to get the best results out of the program.

10. Conducting Evaluation

It is important that along with the training, the employees are monitored during and after the program. Even though it is easier to track the overall company progress, leaders should make it a point to track individual progress.

Many other aspects play into the success of corporate leadership and development programs, but it mostly depends on the goal and tools of the organisation. It is important to focus on employee learning and output and resource use while creating training programs.

Imarticus Learning provides industry experts that help to bridge the gap between employee talents and required skills. It understands that interactive learning is a mix of offline and online learning. So, Imarticus customises programs according to company requirements and plans creative curricula for all corporate training program needs.

10 Do’s and Don’ts For a Successful Leadership Training Course

Are you looking for a checklist of criteria to identify and develop top-notch leadership management programmes? If you are a top executive management personnel or the head of your organisation’s human resources (HR) department, you know how vital it is to have a discerning eye and successfully implement employee training and development programmes. To guide your decisions, we have put together a list of do’s and don’ts to follow for designing successful leadership and employee training and development programmes.

Do’s

Through the leadership training programme, do:

Inspire participants to be in harmony with core business values and ethics.

This is because good leaders practice and propagate company values that gradually become part of the organisation’s culture. This trickle-down effect will positively impact other employees and bring in clients who identify with the organisation’s corporate identity.

Motivate leaders to pursue business results and people relationships in a well-balanced manner.

The programme should be able to encourage future leaders to chase better business results while fostering people relationships. The leadership development program should inculcate the importance of balanced leadership makes great leaders. This means being in charge of monitoring team activities and implementing the plan of action at the micro level, and creating a conducive environment and collaborative work culture at the macro level.

Improve the ability to promote accurate and harmonious information flow

The program must train leaders for effective communication and collaboration. The content and style of communication affect the success or failure of outcomes within the organisation and with partners, suppliers, and other collaborators.

Don’ts

Avoid making the following mistakes when designing and implementing leadership and employee training and development programmes. Don’t:

Lower the bar for participants.

This does not train leaders for real-world battles. Just though sports training makes champions, an employee training and development programme with a structured, extensive curriculum helps develop resilient leaders who convert challenges into opportunities.

Let the enrollment of participants be homogenous and bland.

It severely limits the ability of participants to work with diverse yet constructive points of view. The lack of diversity and inclusivity of participants from different domains, geographies, and cultures makes poor, judgemental leaders.

Make the program for participants highly classroom-oriented.

The ideal conditions that prevail while solving theoretical problems do not work in the complex and demanding business world. Such an approach is impractical for building hands-on leaders. Action-oriented experiential learning for participants is vital.

Design a curriculum that does not shape skills for preparing future-ready leaders.

The shelf-life of skills is diminishing. For example, today’s best coding is achieved using artificial intelligence without human intervention. The demand for mastery of future talents — rapid prototyping, constructive depolarising, dilemma flipping — from leaders is very different from that for traditional or popular skills, and the program needs to be in sync.

Have a routine that is highly rigid and discourages experimentation.

Such programs are not engaging enough and restrict participants’ creativity, adaptability, and exploratory pursuits. These are essential for leaders to tackle real-world disruptions. Amoderate level of discipline with flexibility works best.