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Why is Learning & Development important? Excerpt from upcoming Docebo hosted webinar on maximizing ROI of learning and development: Big money is being spent on developing employees and L&D budgets are up 15% at a cost of almost $1200 per learner. This cost the industry $60B in 2012. But there are big returns if development is done well: higher engagement, employee retention, greater efficiency and quality, innovation, agility, leadership, to name a few. Whilst almost half of executives are concerned their employees don't have the skills in the next year or two to scale business - they fear a loss of revenue and business to competitors, eroding customer satisfaction and a delay in product development. For more, watch the Docebo hosted webinar on August 7th 5pm BST | 6pm CET | 9am PDT | 12pm EDT to find out how to maximize L&D ROI. This webinar is now available on-demand. Please contact Docebo at [email protected] for your unique link to view the webinar recording.
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Development is a Big Deal with Big Rewards
Presented by
Why is Development Important
Top 10 on your CEO’s List
1. Leadership Development 2. Succession Planning 3. Strategy Execution/Alignment 4. Managing/Coping with Change 5. Talent Management 6. Innovation and Creativity 7. Performance Management 8. Knowledge Retention 9. Engagement 10. Coaching
Development is a BIG Deal
Development is a BIG Deal
S Leadership and Development budgets are up 15%
S 15.3 hours of training
S Average $1,169/Learner
S $60B in 2012
S Big $ is being spent on developing employees
BIG Returns if Done Well
S EngagementS Leadership
Pipeline
S Quality S Market Share
S InnovationS Efficiency
S AgilityS Employee Retention
Skills Gap?46% of executives are concerned their workforce does not have the skills needed in the next 1 to 2 years
Big ConsequencesNot Fixing the Skill Gap
S 64% face a loss of revenue
S 53% will face a delay in product development
S 59% face eroding customer satisfaction
S 66% anticipate a loss of business to competitors
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