Expertus and Training Industry, Inc. Publish Learning Industry Research Compendium
Report Offers a Review of "Training Efficiency Masters Series" Surveys Exploring Topics Relevant to Learning Organizations
| Source: Expertus
MOUNTAIN VIEW, CA--(Marketwire - November 24, 2009) - Expertus (www.expertus.com), a global
provider of services that optimize the business impact of learning, and
Training Industry, Inc. (www.trainingindustry.com), an objective and
trusted expert on the marketplace for learning, today released a report
that outlines the findings of six research studies conducted in 2008-2009
as part of the Training Efficiency Masters Series. Available on the
Expertus corporate website at: http://bit.ly/3yqhKA, the report discusses
the findings of research targeted to corporate learning organizations.
(Note: media and analysts may prefer to contact Alicia Hassinger at
ahassinger@csg-pr.com for a copy.)
The "Training Efficiency Masters Series" produced surveys which focused on
ways to overcome training and development issues. The survey findings
identify best practices and workable methods of making the most of training
initiatives. This report compiles those findings, offering a deep look into
corporate training organizations' point of view on many applicable topics.
The surveys reviewed in the report include ways to optimize effectiveness
or efficiency in cost reduction, measuring learning, customer training,
learning technologies and internal marketing.
"The Masters Series was quite successful at delving into current issues
that learning leaders face to address what they are thinking, doing and
planning," said Ramesh Ramani, Founder and CEO of Expertus. "We aim to
provide opportunities to discuss challenges while also seeking and sharing
solutions."
Some key findings over the series include:
-- In the study "Training Efficiency: Optimizing Costs," over 90% of
training executives surveyed felt some pressure to reduce costs, and more
than 50% indicated that they felt "significant" or "intense" cost reduction
pressure. According to those surveyed, the single greatest opportunity for
cost reduction and improved efficiency is in administration.
-- In the study "Training Efficiency: Optimizing Learning Technology," LMS
managers and administrators most frequently cited two obstacles in using
LMS' functionalities to increase efficiency: lack of integration with
other technology systems and inflexible reporting capabilities.
-- In "Optimizing Customer Training," nearly one half of corporate training
leaders who lead or are involved with customer training felt their customer
training budgets would go up, with 41% believing it would increase by over
10%. By contrast, only one-third thought their employee training budgets
would increase.
-- In "Measuring Learning as Budgets Tighten," the important relationship
between metrics and budgets was addressed. This study found that more than
twice as many respondents (48%) expect budget decreases rather than
increases (17%) in 2009. Despite the need for better outcome metrics, less
than one in four respondents reported using business outcome or return on
investment metrics; instead, the vast majority collected metrics on course
completion, registration and course participants' reactions.
-- "Internal Marketing for Corporate Training Programs" focused on
identifying tools that are widely used to market internal training
programs, the main reasons for marketing these programs, and determining
what actually works and how they measure success. Respondents indicated
that e-mail blasts are the most effective marketing activity, followed
closely by phone calls and management recommendations.
-- "Learning Portals & Informal Learning Technologies" uncovered how
learning executives' use of learning portals has gained widespread momentum
as a learning technology platform (over 93% of respondents report having
one). The research also reveals how learning leaders use technology to
enable or measure informal learning, as well as the importance of including
informal learning technologies in training programs.
"The research results were widely embraced by learning leaders, service
providers and the media because they are timely snapshots of industry
themes," added Doug Harward, CEO of Training Industry, Inc. "This
compendium document ought to be a reference guide on a variety of topics;
offering insights into where corporate training organizations are today."
To download the compendium report, visit http://bit.ly/3yqhKA or contact
Alicia Hassinger at ahassinger@csg-pr.com.
To see full results of the individual studies and additional information
resources visit Expertus' TrainingEfficiency.com website:
http://www.trainingefficiency.com/explore-resources.
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 (877) 827-8160.
About Training Industry, Inc.
Training Industry, Inc. is an objective and trusted expert on the
marketplace for learning. Its mission is to make the marketplace more
efficient through the world's largest online community of training
communities and through services such as Training Industry Conferences,
Training Industry Quarterly Ezine, Training Industry Webinars and Training
Industry Research. For more information, go to www.trainingindustry.com or
call (919) 653-4990.