Skillsoft's New Compliance Training Solution Transforms Risk-Based Learning
Boston, MA (USA), September 2024 - Skillsoft, a leading platform for transformative learning experiences, has launched Skillsoft Compliance Suite, a new offering within the company's compliance training solution that transforms how organizations develop the competencies needed to identify and mitigate business risk.
Compliance Suite delivers several new features headlined by Dynamic Content, enabling learning administrators to easily deliver risk-based training programs tailored to each employee's role, geographic location, management responsibilities, required regulations, and beyond.
Compliance training has historically been one size fits all, failing to address the varying responsibilities, needs, and nuances of each employee. Research shows that just 37% of leaders are satisfied with their business's ability to develop skills needed to reduce risk.
As organizations face tighter budgets, staffing shortages, and increasing regulatory requirements, the need for a flexible, risk-based approach to learning is critical. Skillsoft aims to meet this demand with Compliance Suite, allowing organizations to personalize learning, build learner-specific risk management skills, and drive measurable behavioral change across their workforce.
"We view risk-based learning as the new gold standard for compliance, driven by stricter laws and regulations, and the need for effectiveness and efficiency," said Asha Palmer, SVP, Compliance Solutions, Skillsoft. "We're leveraging emerging technologies to deliver a hyper-personalized experience through which learners receive content tailored to their 'risk profile' - including their role, career path, and state or country's mandates. Coupled with Skillsoft's best-in-class compliance curriculum that ensures customers stay up to date on emerging trends and regulations, we've created a far better experience for learners and administrators."
In addition to Dynamic Content, new capabilities within the Skillsoft Compliance Suite include
- fully integrated and customizable experience - Skillsoft compliance training is now integrated into Skillsoft Percipio, consolidating all of the company's learning solutions under a single platform. New features available now and in the coming weeks include customizable compliance training courses, multi-language course assignments, and learning management system (LMS) connectors to streamline management for learning administrators and simplify the development of a skilled, global workforce.
- risk dashboards and analytics - Enhanced program dashboards allow administrators to see the progress and effectiveness of compliance assignments. Forthcoming risk dashboards will allow customers to pinpoint and prioritize the top risks within their organization by leveraging learner data such as skill assessment scores, engagement levels, and course time to completion.
- emerging risks and laws - Skillsoft's expanded curriculum covers emerging, critical topics such as the EU AI Act and Canada Law 25, equipping organizations with the knowledge needed to navigate complex compliance landscapes effectively.
- AI-powered learning - Skillsoft CAISY™, the company's award-winning AI-powered coach, provides an interactive experience for learners to practice real-world compliance situations in a safe environment, including protecting personally identifiable information (PII), delivering respectful communication, and identifying bribes.
Lori Thompson, Director of Human Resources for national media company Lee Enterprises, said, "With employees serving 73 markets in 26 states, each having a unique set of compliance training requirements, the Skillsoft Compliance Suite is invaluable for our company. Dynamic Content allows us to easily manage the complexities of different state regulations and deliver the right training to the right employees at the right time. It's a win-win for administrators and our talent."