Effective training can lead to significant benefits and bottom-line improvements for businesses. But our survey revealed that a significant proportion of training programmes in 2013 failed to deliver against their requirements. To make matters worse, over a quarter of companies surveyed were not formally measuring the results of their training at all!
It is therefore no surprise that many firms were reducing their training budgets by an average of 12% in 2013 [1] and possibly by even more in 2014.
But how do you get the most out of your training? Well, our research highlighted that it’s often a mixed approach that is most engaging, reinforced with clear goal-setting, homework and ongoing support from line managers.
The infographic below summarises the results, along with key lessons to apply to your organisation in 2014.
Survey methodology:
Over 50 companies participated in the survey with company sizes varying from small organizations (up to 10 employees) to much larger organizations (over 2,500 employees). The majority of respondents operate in the media, recruitment, engineering, training and consulting industries. The survey was run from 23 January to 18 March 2014.
[1] 2013 UK Learning Factbook by Deloitte – [http://www.bersin.com/Practice/Detail.aspx?id=16175]
