Thursday, January 24, 2013

Good News: Spending on Training Increasing

In a recent Bersin by Deloitte study, spending on learning and development rose by 12% in 2012. In another study, 90% of CEOS said they plan to maintain or increase training budgets in 2013. Obviously, this is great news for learning and development (L&D) professionals. Not only do CEOs intend to invest in training, but the study also found that cost is not a primary factor when deciding to invest in training. This is good because the only thing you need to say to your CEO when you have this discussion is this: “If you want me to create this training program you have a choice – Good, Fast and Cheap — pick only two.”

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