In This Issue
Don’t Guess, Get the Facts! Corporate Learning Factbook 2007 Is Here |
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The
Corporate Learning Factbook, published
annually, is one of our most widely read and quoted
research reports. Many learning executives view it
as the ultimate reference – the source they can rely
on for statistical data and analysis about every
aspect of corporate learning.
The
Factbook covers training budgets, expenditures
per learner, cost per student hour, program priorities,
budget allocations, staffing sizes, staff to learner
ratios, staff to total spending, technology usage and
budgets, outsourcing spending, and much, much
more. Its appendices include 130 data points broken
down by company size and industry sector, so you
can compare your own metrics with those from
comparable organizations.
Here’s a preview of what you’ll find in this year’s
report:
- The corporate learning market continues to grow,
with budget increases averaging 7%. Total training
spending grew from $51.1B in 2005 to $55.8B in
2006; spending on products and services grew from
$13.5B in 2005 to $15.8B in 2006.
- While budgets have increased, salary spending
over the last four years has remained relatively flat.
In 2003, 73 cents of every training dollar went to
payroll expenses; in 2006, payroll expenses were 65
cents of every dollar.
- Learning technologies are widely used by
companies of all sizes. Almost 60% of respondents
use virtual classroom technologies, 40% have
learning management systems, 25 to 30% use
application simulation and rapid e-learning tools, and
14% use learning content management systems.
- The average spending per learner is $1,273. The
highest spending sector is technology ($2,763) and
the lowest is retail ($519).
Research Members: Visit the research center to
download this valuable report today.
Non-members: This report is
available for $595. A table of contents is available to non-
members; click to download.
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| Kia’s Business-Driven Dealer Training |
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Automotive manufacturer Kia has 630 retail
dealers
and 14,000 dealership employees in the United
States. Kia University is charged with meeting the
training needs of the dealer network. The
University’s staff of 25 full-time employees provide a
wide range of training – from warranty service to
vehicle diagnostics to sales – all of which has direct
impact on customer satisfaction.
This recently published case study focuses on how
Kia University bases its direction and measures
results on the business and the company’s goals,
one
of which is to become one of the five best-selling
automakers in the world. Staff members do track
typical learning metrics, such as number of hours per
learner and course completions. However, the most
heavily weighted metrics are those directly tied to
the business and, most importantly, customer
satisfaction.
The university closely monitors satisfaction and
quality metrics used in internal and external surveys
(including J.D. Power and Associates’ annual auto
survey), along with internal systems and reports.
This case study provides valuable insight into how a
company effectively trains a geographically
distributed learner audience and uses learning to
help
attain strategic business objectives. Additional
sections include discussions on the processes used
to obtain continual stakeholder input, the university’s
blended curriculum strategy, the use of SumTotal’s
LMS for managing learning activities, and content
development.
Kia is rapidly garnering market share in the United
States. Read this case study to see how a
sophisticated dealer training initiative is contributing
to the company’s success.
Research Members: Visit the research center to
download your copy today.
Non-members:
This case study is available to non-members for a
limited time. Register to download today.
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| In the News |
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Budget and Staffing Trends:
What They Mean to You for 2007
[Chief Learning Officer]
Sometimes, taking a look back can be a productive
step when planning for the future. Analyzing
documented corporate learning trends, for example,
helps you determine if your budget is in line with
market averages, evaluate planned deployment of
staff and payroll expenses, and benchmark key
characteristics of your training programs. Although
no two organizations are exactly alike — and
certainly no training organization is “average” —
using data to assess and evaluate your organization’s
progress and plans is an important process.
Find out what trends have emerged and what
the top training priorities are for 2007; read the
full article.
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| Events |
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WEBINARS
High-Impact Leadership Development
February 15, 2007, 1:00 p.m. ET
Josh Bersin, President
Kim Lamoureux, Senior Analyst
Leadership development is the foundation for
management training, succession planning, executive
education, and talent management. This webinar will
cover key findings from Bersin & Associates’ ongoing
research, including different maturity levels for
leadership development; specific strategies and
tactics to move leadership programs up the maturity
model; and six best practices of highly effective
leadership development programs. Register for this event.
Leadership Development Ain’t What it Used to Be!
February 22, 2007, 1:30 p.m. ET
Kim Lamoureux, Senior Analyst
Find out specific tactics and strategies you can
employ to make leadership development more
effective for your organization. As much as 30% of
training budgets are spent on leadership
development. Are you getting the best value for
your investment? This webcast will cover highlights
from recent research on leadership development, six
best practices for increasing the effectiveness of
leadership programs, and case studies from
organizations that achieved significant business
results through the implementation of strategically
aligned leadership programs.
Register for this event.
The Corporate Learning Factbook:
Benchmarks of the U.S. Corporate Learning &
Development Market
February 27, 2007, 1:00 p.m. ET
Karen O'Leonard, Senior Analyst
Josh Bersin, President
The Corporate Learning Factbook® is the U.S.
training industry's most complete and comprehensive
study of corporate learning and development. This
presentation will summarize the highlights of recent
research into the budgets, staffing, and practices of
today’s learning organizations. It will provide detailed
data and analysis on learning program priorities,
budget allocations, learning delivery methods, use of
key learning technologies, future directions, and
more. Register for this
event.
Building and Managing Learning Content:
What’s Right for Your Organization?
March 20, 2007, 2:00 p.m. ET
Chris Howard, Principal Analyst
Effectively building and managing content is at the
heart of any successful learning initiative. The
learning content maturity model describes five levels
for building and delivering learning content and other
types of knowledge assets. The model establishes a
framework for assessing an organization’s capacity
and for determining if, when, and how you should
your organization to a higher maturity level to meet
even more complex information management
demands. This webinar will help you to understand
the different maturity levels for building and
managing content; common challenges and
strategies at each level; and how to assess the
maturity level that’s right for your organization.
Register for this
event.
Learn from Leaders in Customer Service and
Sales Training
March 26, 2007, 1:00 p.m. ET
Josh Bersin, President
Join Josh Bersin and a panel of senior learning
executives for a discussion about best practices for
highly effective customer service, sales and soft
skills training. Panelists represent organizations
named by Bersin & Associates as 2006 Learning
Leaders for training programs with outstanding
business results. Winning programs to be discussed
include an online brokerage firm’s customer service
and sales skills training for branch associates, a
specialty retailer’s training for store employees on
how to effectively promote the store’s credit card to
shoppers, and a software firm’s technical support
training for employees and external partners. Register for this event.
Missed it live? Research members
can view all recorded webinars by visiting the research
center event archives. Not a member? Sign up for a trial membership today.
CONFERENCES
Training 2007 Conference & Expo
February 26 - 28, 2007
Disney's Coronado Springs Resort in Orlando,
Florida
Chris Howard is a featured speaker at Training 2007
with the following sessions on Tuesday, February 27,
2007:
- The State of the Training Industry,
11:45 a.m. -12:30 p.m.
- The Content Integration Challenge, 9:15 -
10:15 a.m.
- Selecting an LMS 2007: New Research, Insight
and Advice, 2:45 – 3:45 p.m.
Visit the conference website
for more details.
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| New Research for Members |
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The Corporate Learning Factbook® 2007:
Statistics, Benchmarks and Analysis of the U.S.
Corporate Training Market
This industry report provides detailed benchmarking
data on training budgets, headcount, programs,
delivery methods, technology usage and outsourcing
activities for the U.S. corporate training marketplace.
Download now.
Business-Driven Dealer Training: Kia
University Delivers on Customer Satisfaction
This case study illustrates how an automotive
manufacturer successfully developed learning
programs for its dealership network to drive customer
satisfaction. Download now.
The Learning Content Maturity Model:
Developing a Framework
The Bersin & Associates Learning Content Maturity
Model® provides a framework for training
professionals to assess their organizations’
capabilities to develop and manage learning content
by detailing each of the five levels of this maturity
model. Download now.
The Rapidly Changing LMS Landscape:
Learn.com
and LearnCenter X
In this bulletin, Josh Bersin discusses the rapid
growth of Learn.com as a company, the recent
release of LearnCenter X and the changing nature of
the LMS market. Download now.
Leadership Development and Talent
Management: Are They the Same?
In this research bulletin, Kim Lamoureux addresses
the different aspects of talent management and why
they must be an essential part of a company’s overall
leadership development strategy. Download now.
Leadership Development Program Models: One
Size Does Not Fit All
In this research bulletin, Kim Lamoureux discusses
the
design approaches for two common types of
leadership development program models, as well as
examples of each from best-practice organizations. Download now.
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| New Talent Management Newsletter |
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Bersin & Associates' new Talent Management
newsletter highlights research on: leadership
development, performance management, competency
management, recruiting, succession planning and the
evolution of integrated talent management systems.
In each newsletter you will find actionable research
you can immediately apply. Subscribe today!
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| Analyst Corner |
LCMS Adoption on the Rise
Chris Howard
Principal Analyst
I want to again thank Rick Rabideau of MetLife and
Phil Landers of Ericsson for participating with me in
the presentation on LCMSs at the recent
TechKnowledge event.
The interest in LCMSs is very high. Companies big
and small see the implementation of LCMSs as the
next natural step to expand, control, and standardize
learning content across the enterprise. Our research
shows that 42% of organizations with LMSs are
planning to acquire some type of LCMS.
With LCMS adoption comes a host of new
challenges. These are not plug-and-play applications
and require significant planning and change
management. In fact, we advise companies that 25%
to 33% of resources used for an LCMS
implementation should be focused on change
management. We also encourage companies to
bring in outside experts with in-depth experience in
content management to assist in setting up a
knowledge architecture, adapting development
processes, and refining standards.
As Phil and Rick can testify, the benefits of content
management are significant. Faster content
development processes. Efficient tracking of
resources. Version control.
But the bigger value of LCMSs reaches beyond the
opportunity to better develop learning content.
Advanced organizations, including MetLife and
Ericsson, are starting to use LCMSs as knowledge
repositories to access and manage valuable
information assets of all types.
Members
will find valuable information in our research library on
LCMSs – from selecting solutions to case studies and
best practices to a model for evolving your
organization’s learning content resources.
Be sure to check out these resources as you
tackle content management challenges.
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