Training and Learning in an Economic Downturn

May 2009 Newsletter

Please click on the links below to read the complete articles.

Training Cuts Often Result in Higher Costs

Over the last year, the U.S. corporate training market saw its greatest decline in more than 10 years. Radical or indiscriminate training cuts in economic downturns can be risky. It could end up costing your company more than you imagined.
May 14, 2009 Lynn Jackson

Is the Economic Downturn Creating the Perfect Storm?: Continuing the Investment in Training and Development

With businesses reeling from huge losses, it is hard to imagine spending dollars on training and development, which could be viewed as a luxury item. Most of us know from past experiences that things get better and when they do, will our business be ready for the increased demand for our products and services?
May 14, 2009 Lisa Smith

Employee Training in a Recession

The benefits of employee training must be considered within the context of the real world. The organization that sends an overworked, overwhelmed end-user to class is wasting its money. Here are some insights for making sure your organization is getting the most from its training investment.
May 14, 2009 Phil Simon

Justifying Training and Development in Tight Times

When the economy is tight, and your boss has ordered you to cut your budget by 15 percent, justifying training programs can feel like an uphill battle. Here are a few practical suggestions for maximizing your resources.
May 14, 2009 Ashley Andrus

Relevance of Learning versus Relevance of Training and Development

One way to get ahead of operating on smaller budgets with smaller staffs is to know the difference between “learning” and “training and development”—and to understand the relevance of each in terms of your organization's environment and the overall environment. Here is how.
May 14, 2009 Bryant Nielson