CONTRIBUTOR
We announced major news in the $135 billion worldwide corporate training industry this week: after four years of budget cuts, spending increased on corporate L&D increased by 9.5% last year. This is a major uptick shift in corporate HR spending. Companies now realize that they simply cannot find the skills they need in the workforce and have to reinvest heavily in corporate training.
But how and where should this money go? Should companies go back to the 1980s and build a corporate university again?
The answer is no. Today the world of corporate training has been revolutionized, and in this article I will highlight the five keys to success in building a learning organization.