Raleigh, NC – September 25, 2018 – Learning and development (L&D) professionals consistently say their biggest challenge is a lack of resources – but that’s not the perspective of executive leadership, who generally believe training is funded appropriately, according to new research released today by Training Industry, Inc.
For the new research report, “Executive Perspectives on the Business Impact of L&D,” Training Industry gathered data from executives, across a range of company sizes and industries. The report sheds light on how executives view the strategic importance of L&D.
“It’s well-established that human capital is vital to the success of a business,” said Ken Taylor, president of Training Industry, Inc. “This study will help L&D professionals understand how their executive leaders view the training function and provides a guide to communicating the value of what they do.”
“The question learning leaders need to be asking is how best to represent the value of L&D at their company – not just the value of L&D in general,” said Tom Whelan, Ph.D., director of corporate research at Training Industry, Inc., the lead researcher and author of the report. “Our research suggests that executives largely believe that training has merit as a competitive advantage, but some may not be convinced that the way their particular company goes about it produces this advantage.”
This report shares fresh insights into:
- What executives think about how L&D supports business goals
- How training meets the needs of the company
- The business challenges that impact the need for L&D programs
- How the strategic approach of a company impacts these needs and challenges
The full research report is available online for purchase for $495. A report preview and summary is available at no cost.
About Training Industry, Inc.
Training Industry is the most trusted source of information on the business of learning. Its website, TrainingIndustry.com, is the leading resource for corporate learning and development professionals seeking information about best practices, innovative approaches, and training products and services for organizational learning. Training Industry conducts original research and market analysis, and provides information for L&D through articles, webinars, blogs and reference materials.