|E-learning Investments Pay Off|
ASTD have published their latest State of the Industry report for 2006. There are a number of key headlines worth noting including the fact organisations are now seeing real, measurable payoffs from their e-learning investments.
ASTD claim that "As business leaders focus on top-line growth, the value of learning is becoming better understood and more relevant." Thus the role of the workplace learning and performance (WLP) professionals is becoming more important.
ASTD estimate that US organisations spend $109bn on learning and development annually. $80bn of which is spent internally and the remaining $28bn externally.
The average annual expenditure per employee in ASTD's sample of large organisations increased by 4% from the previous year to $1,424 per employee.
Many organisations with high-performing learning functions are able to attribute clear cost savings, efficiency gains in the learning function, increased content reuse, and decreased costs of learning development and delivery to successful technology investments.
You can buy the full report at www.astd.org.