Welcome!

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

News Feed Item

Learning Executive Think Tank Releases Second White Paper, "5 Ways to Help Your Training Organization Survive and Thrive in a Troubled Economy"

Newest Think Tank Discusses Opportunities During Economic Crisis

MOUNTAIN VIEW, CA -- (Marketwire) -- 03/18/09 -- Expertus (www.expertus.com) today announced the release of a new white paper summarizing the discussion among a handful of learning leaders during the Learning Executive Think Tank's second virtual meeting. The white paper, "5 Ways to Help Your Training Organization Survive and Thrive in a Troubled Economy," is available at http://www.trainingefficiency.com/system/files/WP_5-Ways-Training-Organizations-Survive-in-a-Troubled-Economy.pdf.

Expertus, a global provider of services that optimize the business impact of learning, has found that, although many organizations are taking cover and freezing their activities as a result of economic hardship, many learning executives now see promise and opportunities.

According to the white paper, "The emergent winners use recessionary times to innovate and widen the gap between themselves and their competition. While many companies slash payrolls, place product development on hold, and take a wait-and-see position in their markets, the true 'winners' strategically increase productivity and prepare to come out ahead when the good times return." Forward-thinking companies who take this position are therefore required to keep the training engine running at full speed.

The roundtable group, which included learning leaders from a broad spectrum of businesses, compared insights on key issues facing the industry and shared ideas about not only surviving, but thriving in this tough economy.

The white paper states, "The interesting dichotomy of the current business climate is that it's creating an increased demand for training. Organizations are making hard decisions about what stays and what goes. They are making sure that at the end of this recession, their learning organization and the company is stronger and better than it was before."

When asked how to endure and advance during these tough times, the following pieces of advice surfaced:

--  Create a Teaching Culture. One participant from the knowledge service
    industry noted that this is an extremely effective and economical method
    for training the workforce.

--  Shift to Virtual and e-Learning.  Roundtable participants earmarked e-
    learning as a critical training tool in a cost-conscious business climate,
    offering an opportunity to create programs that ensure excellence without a
    loss of productivity.

--  Encourage and Integrate Informal and Collaborative Learning. Borrowing
    from successful social media technology, the use of blogs, webinars, wikis,
    white papers, and peer-to-peer training helps to ensure that organizations
    have access to the training they need at any given moment.

--  Re-negotiate Contracts with Vendors. Keeping current partners is much
    easier and economical than finding new ones, but many roundtable
    participants agreed that this should to be done with caution.

--  Align, Prioritize, and Cut. Understand your objectives, align training
    with the business, and reduce headcount intelligently.
    

Read the full report at http://www.trainingefficiency.com/system/files/WP_5-Ways-Training-Organizations-Survive-in-a-Troubled-Economy.pdf.

Expertus recently released another white paper entitled "Top 5 Ways to Ready Your Training Organization for a Troubled Economy," available at www.trainingefficiency.com

Five 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
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
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...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
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...