Project Management

The Number 1 Driver of Training Investment - And Your Career

From the Eye on the Workforce Blog
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Workforce management is a key part of project success, but project managers often find it difficult to get trustworthy information on what really works. From interpersonal interactions to big workforce issues we'll look the latest research and proven techniques to find the most effective solutions for your projects.

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According to a recent ASTD report, what is the number 1 driver of training investment?
  • Retention
  • Paying for new technologies
  • Need for basic skills
  • Need for leaders
As I have posted before, retention is certainly a critical issue. But it is not the major driver. My last post described the acceleration of the use of learning technologies to deliver training in recent years. Still, that is not the major driver according to training leaders in the survey.
 
The number 1 driver for training investment is to prepare leaders to fill constantly opening positions. There is real money being spent on this problem, showing that the realization has hit the highest levels of private and public organizations, which means that the realization is very late. My advice to ganttheads: Avail yourself of leadership training, and if it is not available through your organization, find good quality training elsewhere. The value of leadership skills will increase for the foreseeable future. And, to you, that is money in the bank.
 

Posted on: June 06, 2008 08:34 AM | Permalink

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