In This Issue
| The Importance of Benchmarking |
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By comparing your organization to relevant measures,
benchmarking will identify where you are strong,
where you are weak, and specifically where you can
focus to improve your operations.
Benchmarking can expedite results, compress the
maturity curve for your organization, and direct
investments in dollars and resources.
With competitive benchmarking, an
organization compares itself against peer
organizations (or sometimes competitors) in specific
measurable areas. You define a set of measures you
would like to analyze, identify a set of peers you
would like to compare yourself against, acquire the
data, and perform comparisons.
Best practices benchmarking is more
qualitative. In this approach, you seek to
understand the best practices in one particular area.
These best practices can involve processes,
workflows, systems, tools, and methodologies
employed by other organizations.
The key to both competitive and best practices
benchmarking is to gain access to unbiased, relevant
research. Organizations can obtain this research
through a variety of sources:
- Up to date publications with detailed,
actionable information such as the Corporate
Learning Factbook, research from ASTD,
and others. If you purchase or download such
publications, it is important to have access to the
source data so you can filter and sort by industry,
organization size, geography, and focus area.
- In-depth case studies and examples of how
companies have solved problems similar to yours.
Trade shows and webcasts are good
resources, as is our research. Most vendors and
suppliers have best practice clients you can talk
with.
- Talking with your peers. Compare notes
in a face-to-face meeting or a telephone call. If
purchasing a product, be sure to take the time to
call vendor references.
- Call us. In the last several years we
have built the largest database of trends, statistics,
and best practices for the U.S. training industry.
Learn more about benchmarking; research members and non-members
read the full article online.
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NCR University Case Study: “Training the Extended Enterprise” |
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From a single LMS database, the NCR University
Operations organization supports five different
learning groups, four business units, and three
audiences – employees, customers, and partners –
comprising 46,000 learners in all. Each learning
audience has a separate portal with blended delivery
of self-paced and collaborative training, personal
learning paths, certification tracks, and materials for
order.
Learn how NCR, recognized as one of the nation’s
leading learning organizations, has leveraged shared
services and technologies, transitioned to online
learning, and adapted a single LMS to meet diverse
learner and business needs.
Research members: Visit the research center to
download the NCR University case study.
Non-members: The NCR case study is available to non-members for
a limited time; download today!
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Call for Applications: Learning Leaders Program |
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Have you heard? The call for applications is now
open for the 2006 Bersin & Associates Learning
Leaders Program! We’ll recognize 15 Learning
Leaders whose training programs, technology
initiatives, and teams have had high positive impact
on their businesses.
Bersin & Associates will also develop a comprehensive
report of best practices, findings, and observations
collected during the evaluation process. All
applicants will receive a complimentary copy.
Please visit www.bersin.co
m/leaders, where you’ll find details about the
program criteria and categories as well as
instructions on how to apply.
We want to emphasize that applicants from around
the world are welcome to participate in Learning
Leaders – the program is not limited to U.S.-based
companies. And, we’re looking for best cases of
learning at organizations of all types and sizes.
Thanks to those of you who have already
responded by registering for the program and
downloading applications. We appreciate your
interest, and we look forward to hearing all about
your organization’s learning and development
programs!
Remember: Applications are due on August 31,
2006.
Please
contact Diane Siroky for questions or to receive
regular program news and updates.
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| Industry News |
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The Economics of Learning 101
[Elearning! Magazine]
Corporate learning is big business. We estimated the
value of the U.S. corporate training market to be
approximately $46.6 billion in 2005. Approximately
$14.8 billion was spent on technologies, products and
services. The remaining $38.1 billion went to salaries,
facilities and other internal operations.
Read the full article on page 33 of
Elearning! Magazine's Spring 2006 issue or email Diane
Siroky for a copy.
Study: U.S. Market Will Increase 40 Percent for
Workforce Performance Management
[Workforce Performance Solutions]
“When it comes to demand, we’re seeing the tip of
the iceburg,” said Josh Bersin, president of Bersin &
Associates. “The business drivers behind this market
are very powerful. Undisputable shifts in workforce
demographics are making all aspects of talent
management critically important – from hiring smarter
to identifying and cultivating management prospects
to ensuring the development of competitively
important skills throughout the organization.”
Read the full article.
Metrics: Performance Management
[Training Magazine]
The current demand for employee performance
management is just the beginning. According to a
new Bersin & Associates study, "Performance
Management 2006: Market Analysis, Trends and
Vendor Profiles," the U.S. market for performance
management software is $136 million and growing at
45 percent a year—making it the fastest growing
segment in the market for human resources
applications software.
Read
the full article.
Multi-Sourcing: Achieving Growth and
Agility
[Chief Learning Officer]
The most effective and efficient training
organizations employ some kind of outsourcing.
Training outsourcing is following well-established
patterns in other areas, such as payroll, human
resource management, customer service, IT and call
centers. Today, the question a business-savvy
training executive asks is not, “Do we outsource?”
but rather, “What should we outsource?”
Read the
full article.
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| Events |
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WEBINARS
Upcoming Webinars:
- Latest Trends in Learning Content
Management
June 27, 2006, 2:00 p.m.
ET
Chris Howard, Principal Analyst
As LMS adoption continues to mature, training
managers are turning their attention to the content
development challenge. In fact, the majority of those
investigating the use a system to manage content
development already have an LMS. This webcast will
feature an industry overview and fresh insight into
this important area of learning technology. Register for this
event.
- Charting the Course for Integrated Talent
Management: Signposts and Strategies on the Way
to Measurable ROI
July 18, 2006, 2:00 p.m.
ET
Josh Bersin, President
Integrated talent management offers tremendous
potential for driving improved business performance.
But where should you begin? How do you know if
your strategy is measuring up? Sponsored by
Authoria, this thought-provoking webcast features
presentations from Josh Bersin and Keith Peden,
senior vice president, Human Resources, Raytheon
Company. Register for this event.
- Leadership Development is not Leadership Training:
An Organizational Maturity Model for Leadership Development
July 20, 2006, 2:00 p.m. ET
Kim Lamoureux, Senior Analyst
In order to have a significant impact on business performance,
leadership development programs must be closely aligned
to the business strategy, embrace a variety of learning
vehicles, and integrate with other talent management processes.
Because of their complexity and reach, that leadership
initiatives have senior executive and organizational support.
This webcast will cover key points from our current research
on leadership development. Several case studies will be
presented to illustrate key points.
Register for this event.
- Encore Performance: Performance
Management 2006
August 23, 2006, 2:00 p.m. ET
Chris Howard, Principal Analyst
This one-hour webinar will summarize Bersin &
Associates’ breakthrough new research on the
fast-growing market for performance management
systems and solutions. It will describe the seven key
elements of performance management, key vendors
and market dynamics and best practices, and case
studies in enterprise performance management. Register for this
event.
Missed it live? Research members can view all
recorded webinars by clicking on the links below. Not
a member? Sign up for a trial membership today.
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| Are you employing the use of modular content development? |
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Bersin & Associates is conducting research on
the topic of structured learning content – especially
content used for both formal and informal learning.
We are particularly interested in the processes
and technology used, challenges experienced, and
any results seen. Please let us know if you would like
to participate in this important project. We would
require no more than 15-20 minutes of your time via
phone or email.
Interested? Contact Chris Howard at
chris@bersin.com.
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| New Research for Members |
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Key new research studies available for members only:
Training the Extended Enterprise
This case study provides an in-depth look at
customer, channel, and partner training at NCR. It
covers the organization structure and transition to a
modern training strategy for the company’s external
audiences. Download today.
Empowering Users with Electronic Performance
Support Systems
This case study provides an overview of EPSS as
applied to an enterprise-wide Lotus Notes
implementation. It covers the business challenge, the
capabilities derived from the solution, and data on
user feedback. Download today.
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| Analyst Corner |
LMS Consolidation
Leighanne DeMarzo
Principal Analyst
Over the last year, we’ve worked with many large
companies which want to consolidate LMSs across
the enterprise. Bersin & Associates has identified
five key elements for any successful LMS
consolidation project:
1. Create a unified governing organization to own
responsibility for the project and related
decisions.
2. Develop the business case. Consolidation is a
major technical project and will require significant
investments. It’s imperative to understand the total
projected cost of the project and its expected value
and gain absolute agreement on the objectives.
3. Identify a preferred LMS partner. In most cases,
the vendor partner selected is already established in
the company. We encourage a detailed evaluation of
all currently used LMSs encompassing functionality,
support, integration, maintenance, cost/benefits, and
product plans.
4. Design a rollout strategy which engages one
business group at a time. Don’t attempt a “big-bang
rollout.” Priority should be given to those groups
with significant challenges or mission-critical
problems. As part of this process, develop common
standards around learners, content, and other
learning-related data. This strategy can be
developed even as the evaluation is being
conducted.
5. Create a SWAT team which assists with the LMS
rollout to each business unit.
We don’t have enough space to go into details here.
But, we’d be happy to share more information with
you if interested. For
details on how we help companies successfully
complete LMS consolidations, contact Bob
Danna.
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