Welcome!

Eclipse Authors: Pat Romanski, Elizabeth White, Liz McMillan, David H Deans, JP Morgenthal

News Feed Item

Learning Executive Think Tank Reveals "Top 5 Ways to Ready Your Training Organization for a Troubled Economy"

Savvy Learning Leaders Discuss How to Survive in This Economic Climate

MOUNTAIN VIEW, CA -- (Marketwire) -- 02/19/09 -- Expertus (www.expertus.com) today announced it has released a white paper summarizing the discussion among a handful of learning leaders during a recent virtual roundtable meeting. The Learning Executive Think Tank recently met to discuss what's currently happening in their training departments and share how they're weathering the economic storm. The white paper, "Top 5 Ways to Ready Your Training Organization for a Troubled Economy" is available at http://www.trainingefficiency.com/system/files/Learning-Exec-Think-Tank_Preparing-For-Harsh-Economy-Roundtable-Report_Expertus.pdf.

With the recession now a reality, the training industry is one of the hardest hit. According to Expertus and Training Industry, Inc. research released in December 2008, over twice as many respondents expect budget decreases rather than increases in 2009. Forty-eight percent expect their budgets to decrease this year, up from 41% in 2008.

Recent research from Bersin & Associates states that in the second half of 2008 corporate training departments cut spending on learning and development by 12% to 18%. However, according to other industry research, investment in learning development appears to be a mixed bag.

Expertus, a global provider of services that optimize the business impact of learning, took the opportunity to sponsor a Learning Executive Think Tank to discuss strategies to surviving such difficult times. The report states, "Learning executives are finding the need to come up with some new and innovative ways to keep their training programs alive and well -- and at the same time prove their business value."

Much of the discussion underscored the need for training departments to take a closer look at operational efficiency. However, instead of simply cutting budgets, the Think Tank participants suggest using creative and strategic approaches to making their departments lean and mean, including:

-- Informal Learning. Organizations should be focused on building low-cost programs around informal learning and/or encourage or expand the tactics that are already working.

-- Re-Alignment. Now is an appropriate time for organizations to take a second look at whether their training programs are properly aligned with the goals of the company. If they're not, then cut them out.

-- Increased e-Learning. A shift towards e-learning is happening as training executives are continuing to move away from higher-cost instructor-led training programs. This is not a new concept, but is apparently accelerating rapidly in this economy.

And more.

Read the full report at http://www.trainingefficiency.com/system/files/Learning-Exec-Think-Tank_Preparing-For-Harsh-Economy-Roundtable-Report_Expertus.pdf.

Six additional roundtable discussions are planned for 2009. To find the latest results from each roundtable discussion, visit http://www.TrainingEfficiency.com. To inquire about participating in a roundtable discussion, please contact Gordon Johnson at [email protected]. For information on Expertus, please visit www.expertus.com or call Mike Murrell at 803-802-9971.

About Expertus

Expertus is the leading global provider of services that optimize the business impact of learning. For more than a decade, the firm's 500+ learning management professionals have defined and implemented plans, processes and technologies that transform training organizations -- creating measurable value for the world's most successful corporations. Clients include ADP, Cisco, ConocoPhillips, EMC, Honeywell and Lockheed Martin. Every day at these and other companies, more than a million employees, customers and business partners are educated as a result of Expertus' innovative business strategies, outsourcing services and technology-rich solutions.

Based in Silicon Valley, Expertus serves its clients from offices in the US, UK and India. For more information, visit www.expertus.com, or call toll-free 1-877-827-8160.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Press Contact:
Alicia Hassinger
CSG-PR
Email Contact
720.933.8119

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
Chris Matthieu is the President & CEO of Computes, inc. He brings 30 years of experience in development and launches of disruptive technologies to create new market opportunities as well as enhance enterprise product portfolios with emerging technologies. His most recent venture was Octoblu, a cross-protocol Internet of Things (IoT) mesh network platform, acquired by Citrix. Prior to co-founding Octoblu, Chris was founder of Nodester, an open-source Node.JS PaaS which was acquired by AppFog and ...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Whenever a new technology hits the high points of hype, everyone starts talking about it like it will solve all their business problems. Blockchain is one of those technologies. According to Gartner's latest report on the hype cycle of emerging technologies, blockchain has just passed the peak of their hype cycle curve. If you read the news articles about it, one would think it has taken over the technology world. No disruptive technology is without its challenges and potential impediments t...