From the course: Organizational Learning and Development
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Managing the business of learning
From the course: Organizational Learning and Development
Managing the business of learning
- L&D represents way more than training programs. It's a business. And as capital and budgets get tighter at your organization, you'll be forced to compete toe to toe for scarce resources, and the C-suite will expect a compelling business case for each big investment. Do you feel well prepared to compete or do you struggle to make a solid business case? Unfortunately, many L&D leaders trust it's enough for senior leaders to believe learning is important to the performance culture and future proofing of the company. Others simply don't know how to operate like a business. But consider this, according to a recent HR reporter study, less than a quarter of learners and leaders believe their company's L&D programs are extremely effective. And only 35% of leaders believe learning programs are tightly connected to business goals. Add to that, a recent study from Gartner, which highlights almost 2/3 of managers doubt their employees have the skills to keep pace in this changing world. Stats…
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