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June 08, 2009
Posted by: Nige Howarth
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The most recent Towards Maturity benchmark review highlighted how organisations are looking more and more to e-learning in these recessionary times.
Delivering 'more for less' has been the message from the Masie Centre 'barometer findings' and recent research published on the Towards Maturity site from Cegos told us something about current attitudes to learning.
Now LMMatters, in conjunction with Training Zone, recently undertook some research to get an insight into training budgets, usage of e-Learning and what impact the current downturn in economy has had on e-Learning strategy. The results provide further evidence of what all the recent research is telling us - the need to embrace and harness learning technologies. Some of the key findings from this latest survey are as follows:
- The majority of respondents stated that their training budget has been significantly reduced as a result of the downturn in economy.
- 43.9% of respondents stated that the economic downturn has had no impact on the use of e-Learning as part of their Training and Development programmes.
- 47% of respondents who have seen their budget significantly reduced have increased the use of e-Learning.
- The most popular driving factor behind the respondents’ continued/increased use of eLearning was TIME – the business has less time for traditional training methods.
- This was closely followed by FINANCIAL and the need to get more out of allocated budgets.
- Interestingly, 42.9% of respondents that have seen an increased use of e-Learning due the economic downturn, indicated the main factor behind the increase was FINANCIAL.
Thanks to LMMatters and Training Zone for agreeing to share this survey through Towards Maturity, and you can download the full survey below.
