Interesting article on Bersin by Deloitte's site on corporate training. As the chart below (from the article) shows, after a steep decline during the recession U.S. spending on corporate training has strongly rebounded.
- The need for specialized skills is increasing.
- Workforce education and skills have atrophied.
- Leadership development and succession management have become critical business needs.
Companies are also shifting to online and informal training. Key quote from the article:
This year companies grew their “informal learning” spending by 39%, demonstrating a steady shift toward social learning tools, knowledge sharing, expert directories, and other forms of information sharing. Mobile learning is now becoming mainstream ... companies have settled into a world of one-third instructor-led and two-thirds technology enabled training.
This is good news. For the last few years we've consistently heard complaints from everyone that companies are no longer interested in training employees. Hopefully this view is changing.