Skillsoft’s New Compliance Training Solution Transforms Risk-Based Learning
09 September 2024 - 2:00PM
Business Wire
Leverages AI technology to tailor compliance
training to each employee’s role and required regulations
Skillsoft (NYSE: SKIL), a leading platform for transformative
learning experiences, today 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 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 where
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 enhancements include:
- Fully Integrated & 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 & 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 & 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.”
Learn more about Skillsoft’s compliance training solution here
and request a demo here to get started.
About Skillsoft
Skillsoft (NYSE: SKIL) delivers transformative learning
experiences that propel organizations and people to grow together.
The Company partners with enterprise organizations and serves a
global community of learners to prepare today’s employees for
tomorrow’s economy. With Skillsoft, customers gain access to
blended, multimodal learning experiences that do more than build
skills, they grow a more capable, adaptive, and engaged workforce.
Through a portfolio of best-in-class content, a platform that is
personalized and connected to customer needs, world-class tech and
a broad ecosystem of partners, Skillsoft drives continuous growth
and performance for employees and their organizations by overcoming
critical skill gaps and unlocking human potential.
Cautionary Notes Regarding Forward Looking Statements
This document includes statements that are, or may be deemed to
be, “forward-looking statements” within the meaning of Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, which are intended to
be covered by the safe harbors created by those laws. All
statements, other than statements of historical facts, that address
activities, events or developments that we expect or anticipate may
occur in the future, are forward-looking statements and may be
based on current expectations, estimates or projections about our
industry, management’s beliefs or certain assumptions made by
management. Also, when we use words such as “may”, “will”, “would”,
“anticipate”, “believe”, “estimate”, “expect”, “intend”, “plan”,
“project”, “forecast”, “seek”, “outlook”, “target”, “goal”,
“probably”, or similar expressions, we are making forward-looking
statements. Such statements are based upon the current beliefs and
expectations of Skillsoft’s management and are subject to
significant risks and uncertainties, and we caution you against
unduly relying on these forward-looking statements.
Factors that could cause or contribute to such differences
include those described under “Risk Factors” in our Form 10‑K for
the fiscal year ended January 31, 2024, and subsequent periodic
reports. These factors should not be construed as exhaustive and
should be read in conjunction with the other cautionary statements
included in our other periodic filings with the Securities and
Exchange Commission. The Company disclaims any obligation to update
any forward-looking statements contained herein, except as required
by law.
Although we believe that the assumptions underlying our
forward-looking statements are reasonable, any of these
assumptions, and therefore also the forward-looking statements
based on these assumptions, could themselves prove to be incorrect,
and actual results or outcomes may vary materially from those
projected in, or implied by, such forward-looking statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240909373166/en/
Investors Shaina Keegan shaina.keegan@skillsoft.com
Media Cameron Martin cameron.martin@skillsoft.com
Skillsoft (NYSE:SKIL)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Skillsoft (NYSE:SKIL)
Historical Stock Chart
Von Dez 2023 bis Dez 2024