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U.S. training budgets are up for the second straight year as businesses focus on reskilling their workforces. Today’s marketplace demands more-specialized skills, and at the same time employees must adapt to a workplace that is becoming more transient, mobile, and self-serving—what we call the “borderless workplace.” These changes are challenging our traditional approaches to how we develop and deliver learning, as well as our assumptions about the role of the L&D team.
Karen O'Leonard, author of The Corporate Learning Factbook® 2013: Benchmarks, Trends, and Analysis of the U.S. Training Market, will answer the following key questions:
- How much are organizations spending on L&D, and how are they targeting their investments?
- How much do best-in-class, or what we call “high impact”, organizations spend on training?
- How are modern organizations staffing their L&D teams?
- How are organizations effectively using external providers for their development initiatives?
This 30-minute presentation, followed by a 15-minute Q&A, will provide an overview of the key training benchmarks from our Corporate Learning Factbook 2013 report. These metrics can become part of a sound measurement strategy, putting organizations on a path to continually assessing and improving their L&D functions.