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M AY 2 2 , 2 0 0 6

MANAGEMENT

SPECIAL
REPORT:

TRAINING & DEVELOPMENT
Despite a management on efficiency
and cost control, overall
spending on training and
development continues to
rise. Its a reflection of the
fact that companies atomic number 18
ratcheting up the add up of
training they require of their
workers in the ceaseless
drive for a competitive
edge. Companies clearly
bear out to the belief that
smarter, break in-trained
workers increase chances for
success. Observers also say
that companies are working
to get more than efficiency, more
effectiveness and better
alignment out of training.

S1 . . . . . . . . . . to a greater extent Spending, More Scrutiny
S3 . . . . . . . . . . doctorate Addresses Training
Gap for CLOs
S4 . . . . . . . . . . Mergers Transforming
Outsourced Training
S6 . . . . . . . . . . Wal-Mart Training Goes into
Wholesale Overhaul

SpecialReport

THE STATE OF TRAINING & DEVELOPMENT

More Spending,
More Scrutiny
As investment in training
continues to rise, with
resources migrating away
from in-house programs,
employers are demanding
better write up to ensure
that their development
dollars go toward furthering
strategic goals and
bolstering the bottom line.




Stories by Irwin Speizer

offset: 2005 State of the Industry Report, American Society for Training & Development

Infographic by Thomas Kimball

LOWEST
Health care
$658.75

LOWEST
Government
$656.33

echnology and global competition, the two driving forces of frugal change in todays business
world, havent bypassed the oncestaid world of training and development.
Companies seeking to gain advantage
through better-trained and better-developed
workers are employing everything from e information delivery systems to multicultural
and polyglot training solutions. They are hiring chief learning officers to deal with the increasingly complex field. And they are demanding better accounting of results.
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