FRANK BRITT

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July 13, 2016 by frankbritt

When Corporate Training is ROI-focused and Individualized, Everybody Wins

It’s time to reimagine—and democratize—corporate training. In too many companies, training is seen either as C-suite perk or a reward to the internal department that makes the best pitch for the available dollars. There is a better way to view and implement corporate training; it should be return on investment (ROI)-focused and individualized.

Certainly, the training investment is happening. According to Bersin by Deloitte’s annual Corporate Learning Factbook, U.S. businesses spent 10 percent more on corporate training in 2015 than in 2014—good news on many fronts. First, it answers the desire of employers to hire and promote from within: if workers are training in company-supported programs, there is a greater sense of confidence the employees have the skills and knowledge necessary to move up and into new positions.

Continue reading at Forbes.

Filed Under: Education & Training Innovation

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Penn Foster CEO & Education Advocate

Frank is CEO of Penn Foster, a leader in career-focused online and blended education. Students, employers and organizations rely on Penn Foster to build the skills and knowledge to power the 21st century workforce. For over 125 years, we have been dedicated to helping people lead more meaningful and productive lives and improving social outcomes through education.

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Creating a national movement to better connect education, career pathways and job creation, while also promoting affordable learning.
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