One Billion Data Points and How It Impacts Compliance Benchmarks

    

One Billion Data Points and How It Impacts Compliance Benchmarks

True Office Learning just hit a major milestone in our quest to reinvent compliance analytics: We’ve crossed the 1 billion mark of compliance data points in our I.Q. Analytics engine. That’s a big deal for businesses, but if you’re not familiar with advanced data, you might not fully understand how powerful the figure truly is.

Each data point has the potential to open a Pandora’s box of insight into the world’s largest database of behavioral compliance data. It’s way more than what most people think of when they hear, “compliance data.” This data isn’t just quiz data or completion checkmarks. It’s rich behavioral insights that point to why workers are doing what they do. When it comes to hitting compliance benchmarks, advanced data doesn’t just improve outcomes—it allows organizations to move in completely new directions. Rather than following a linear route, data and analytics make way for agile solutions. 

This sea of 1 billion data points is more than your ordinary database. It’s fueling an entire compliance ecosystem. And that billion-strong ecosystem is revolutionary for compliance benchmarks.

What 1 Billion Data Points Means for Compliance 

These 1 billion data points come from True Office Learning customers—tapping into deep insights from more than 7 million learners. This collection is groundbreaking on several levels.

First, it unlocks granular information about the behaviors demonstrated by millions of employees across hundreds of topics, across a sweeping range of industries. Not only that, but True Office Learning’s data also gives customers access to unprecedented insight into the state of compliance training. With those insights, customers can set up powerful benchmarks and make strides toward a new standard of compliance. 

These billion points aren’t just a head-spinning number—they quantify years of dedication to innovation in compliance training. True Office Learning’s approach to compliance training advancement is unlike that of any other vendor in the space. Through powerful, segmented data, customers have access to deep behavioral data on a company, regional, office, departmental, team, and individual level.

That information is all important because it can alert organizations to red flags, it lets leaders identify exactly where those problems are popping up, and it helps uncover the underlying causes of negative trends. From there, groups can use these insights to shape new strategies and positively evolve programs.

At the same time, this interactive data sets the stage for predictive analytics. It’s a formula for innovative compliance strategies. Customers can now use an entire data ecosystem to create plans that tackle compliance on a whole new level. 

This data also gives us a special advantage as compliance training experts. For True Office Learning, this data ecosystem shows us what works, what’s missing, and what’s likely to work in the future. We have insights into sharp, down-to-the-minute details within compliance training—across industries and from individuals. 

What’s Feeding This Deep Pool of Data?

Better, more advanced data can only come from one place: more advanced learning. For compliance testing, that means putting away the linear learning methods of the past. It means moving on to experiential learning.

In the past, most compliance data has come from static tests that may feature a few quiz questions that employees can answer again if they choose the wrong answer the first time. The result tends to be shallow figures that measure how well employees can memorize concepts. It may have been the best compliance leaders could do at one time, but we now have better models.

Advanced training like Scholar, use learn-by-doing methods that adjust to individuals. As a result, the advantages stack up on several levels. 

First, adaptive learning naturally keeps learners more engaged. Because questions adjust to them, users are more likely to be challenged but not overwhelmed. If an employee struggles in a particular area, adaptive learning can dive into the core of their blind spots — giving them personalized coaching and practice until they prove proficiency. At the same time, advanced learners can move at a faster pace, unveiling insights into new possibilities.

In the same way, the data that comes out of learning sessions is much richer. That’s because it pulls behavioral info from training. It points out the soft spots and strengths in compliance and lets organizations see what’s influencing decisions. 

A Compliance Ecosystem Drives Compliance Benchmarks

For businesses, the resulting billion data points are agile, and they work together. This data ecosystem spawns progress that uncovers better outcomes for compliance benchmarks. 

For business leaders, it lets you measure ROI and benchmark performance on a new level. You can look at deep segments, such as regions, seniority levels, or departments. That means you can see exactly where employees are excelling. At the same time, you can observe what’s causing individuals or whole groups to miss concepts.

Strong data and analytics also lets businesses identify behavior trends and point out success stories. Maybe you have a branch overseas that’s outpacing a domestic department. Suddenly, you have access to what’s driving those decisions. That means your team can work toward replicating that success.

Overall, data and analytics don’t just mean there’s more compliance. They let businesses understand how their team sees the bedrock issues calling for compliance. 

Data Is Only as Good as Its Application

One billion data points is a trove of information with powerful potential. But it’s only as good as its analysis and application. To take advantage of this wealth of data, organizations need to pair it with a strong analytics partner. With that combination, the possibilities for hitting compliance benchmarks—and developing more meaningful ones to hit in the future—are endless.

Compliance Training Program Guide

Comments

Subscribe Here!