The American Society for Training and Development (ASTD) found that U.S. organizations spent an average of $1,195 per employee for training in 2012, up from $504 per employee in 1998. More recent numbers have yet to be released, but the trend is leaning toward bigger budgets for more training. Additionally, the global e-learning market is expected to grow to over $100 billion per year by 2015. For Chief Learning Officers and corporate training managers, these numbers should be both encouraging and good reason to step up their game.
According to a survey that IBM conducted of 1,709 CEOs, general managers and senior public sector leaders, building the right environment to facilitate learning and positive change is key to becoming a high performing organization. Based on what our clients tell us, the best way to stay up to date is through the variety of professional organizations and publications that serve as the brain center for the industry.
Here are a few of our favorites:
Chief Learning Officer Magazine – The name says it all. Since 2011, they’ve published a print magazine with insights into learning trends, methods, and issues in the CLO community. Not into the paper thing? They have a great blog too.
Chief Learning Officer Network – Run through ExecutiveNetworks.com, this is a tight-knit, exclusive group of senior, enterprise-wide learning executives. Membership opens the door to in-person gatherings focused on learning from the experiences of others.
The Chief Learning Officer [Book] – Published to glowing reviews by professors at the Stanford Graduate School of Business and Yale School of Management along with executives at 3M and QUALCOMM, this book focuses on how to achieve measurable results through corporate learning. Interviews, survey data, and the authors’ own corporate experience drive the insights and tactics that will stay with you for years.
Chief Learning Officer LinkedIn Group – This is the online group for The Chief Learning Officer Magazine mentioned above. Boasting over 22,000 members, it serves as an excellent place to network and share ideas with other learning professionals. Despite being a large group, each member has been reviewed and admitted by the group managers, so the community is free from spam and irrelevant discussion.
Staying abreast of developments in the industry is key to successfully building a strong workforce. Investing your time and energy in these publications and organizations will help you develop ideas, training, and programs that challenge your workforce to become their absolute best.