Hallelujah! Learning takes an upturn in a downturn
Posted by Louise Barnfield on February 25, 2009
Too often talent management, and in particular learning and development, has taken a backseat during financial downturns. Too many companies have shortsightedly used cutbacks in those areas as a quick economic fix, only to deal with the consequences later, when overtaken by more farsighted competitors who were ready to respond as soon as the economy picked up.
However, there’s evidence of a different approach this time.
From TM Magazine comes a press release from Chief Learning Officer announcing their annual 2009 Business Intelligence Industry Report, which indicates increased support from C-level execs, 83 per cent of whom “said they believe the learning organization will play a significant role in the response to the economic situation“.
Let’s hope the survey results are current enough to reflect this positive attitude accurately.