Issuing a “call to action,” LOMA President and CEO Thomas P. Donaldson challenged attendees here at the ACORD/LOMA Insurance Systems Forum to take advantage of the association’s growing number of Web-based education and training options to remain competitive in today’s increasingly global economy.
“You are no longer just competing with those from other companies, but with those from other countries around the world,” he said, citing India as one example of “a hotbed of talent and ambition.”
Addressing the Forum’s opening general session last month, Donaldson urged everyone to ask themselves: “Am I prepared to go head-to-head with the best the world has to offer?”
He added that one way to make sure the answer to that critical question remains in the affirmative is to continually keep up with the evolving industry and economy through ongoing education.
Donaldson, noting that education is “LOMA’s core competency,” said his organization is working with companies, associations and regulators to customize close to 300 courses to meet individual needs, with programs available in multiple languages and countries.
One big breakthrough cited by Donaldson is LOMA’s e-learning initiative, in which participants can get training and education at their own pace and whenever they have time, without leaving their office.
“It is critical to increase the value of human capital through learning management,” said Donaldson, adding that “technology is playing a major role by increasing the range of education options and enhancing the educational experience.”
By making educational programs available online, for example, LOMA is demonstrating its commitment to “making learning easy and convenient,” he said, noting that most organizations in the industry today “want their people to be more savvy, and are eager for someone to provide the education to make that happen.”
Time is always an enemy, however, as jobs become more demanding in this 24/7 economy, but increasing flexibility in educational options helps people overcome that challenge, according to Donaldson.
“With our consuming work schedules and life in general getting more and more hectic, it’s important to make education more accessible,” Donaldson added, promising to keep refining and growing LOMA’s “just-in-time learning opportunities.”
“Technology is enabling LOMA to be more agile in meeting the learning needs of our industry,” he said. “Our customized e-learning options help you enhance your professionalism, streamline your operations and boost your bottom line.”