the smart cut

It’s about learning in corporations, it’s about the economic crisis and it’s not about denial.

Hello, my name is Bert. I’m into learning. And how are you?

A bubble.

All around, I hear about this economic downturn triggered by the financial

crisis.

Some say it is the valley we need to go through to arrive at the information age.

Installation DeploymentIrruption

The Industrial Revolution

Age of Steam and Railways

Age of Steel, Electricityand Heavy Engineering

Age of Oil, Automobilesand Mass Production

Age of Information and Telecommunications

Frenzy Synergy Maturity

Panic1797

Depression1893

Crash1929

(Dot.comBubble)

Period ofInstitutional Adjustment

1

2

3

4

5

Panic1847

1771

1829

1875

1908

1971

1873

1920

1974

1829

Source: Perez, C., “Technological Revolutions and Financial Capital”, 2002

Crash

• Formation of Mfg. industry• Repeal of Corn Laws opening

trade

• Standards on gauge, time• Catalog sales companies • Economies of scale

• Urban development• Support for interventionism

• Build-out of Interstate highways

• IMF, World Bank, BIS

Some learning folks say they’ll sweat it out. Or that it doesn’t affect them.

I’m employed by the government.

I’m more safe than the economy of

Iceland…

Times are tough. Blah blah blah.

Crisis or no crisis, most employees expect a pay

rise next year.

First off, be aware that the magnitude of the financial

meltdown is almost beyond comprehension. This is

more than fiscal irresponsibility in the highest reaches of

American government and a chief executive who,

when the people needed reassurance, announced that “this sucker may go

down.” We are witnessing the final meltdown of the

industrial economy.(Jay Cross)

Read this: http://internettime.com/2008/11/15/taking-advantage-of-the-financial-crisis/ and http://www.slideshare.net/clives/change-and-uncertainty-the-making-or-the-breaking-of-corporate-learning-and-development-presentation

In this situation, for learning and development professionals to be fussing too much about the needs

of a new generation of learners would be like rearranging the deck

chairs on the Titanic. First let's deal with the iceberg.

(Clive Shepherd)

Others say it’s the end of time as we know it.

We know this much from the past: training is among the first to get

squeezed.

The cut will happen…

Training or HR manager Financial manager(the company’s new crown prince)

But surely our people are our biggest value.

Talk business alignment, ROI and bottom line to me

baby…

So it is up to us to make it a SMART cut.

• Be proactive.

• Use this opportunity to make big moves to what we know learning should have been all along.

• Does what we do matter? If yes, prove it!

The moment is there to make bold moves.

Please join the conversation.

Ideas for the smart cut for learning?

I’m at 6Clearning.blogspot.com

I know you’re all busy but…