The philosophy is that everyone need to be continuously leaning and developing to support a company that is evolving and changing as new technologies become available.
In highly competitive industries, training for immediate performance improvement is particularly important to organizations with stagnant or declining rates of productivity or customer satisfaction.Training for performance improvement is also important to organizations that are rapidly incorporating new technologies and consequently increasing the likelihood of employee obsolescence. According to Pat Galagan, executive director for the American Society for Training&Development,
“Companies are getting better at linking learning effort to strategy and business. Before, training was done across the board, without thinking about how it support a specific business goal.”