“Organizational Learning in Tough Economic Times”
A new study on “Organizational Learning in Tough Economic Times” by ASTD and the Institute for Corporate Productivity examined how organizations manage learning in a down economy.
When asked how the current economy would shape the content and focus of the learning function within their own organizations, survey respondents indicated some shifting in priorities. "Emphasizing leadership development" ranked the highest, with 54 percent reporting an increased focus to a high or very high extent as a result of the economic downturn
More than two-thirds (67 percent) of participants said their organizations should use mentoring and coaching to a high or very high extent. Other practices with a large gap between the rating for current use and recommended use included “encourage greater usage of informal learning,” “encourage more communities of practice,” and “boost employee morale by expanding training opportunities.” (boldface added by GP)
Source: Training + Development
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