Apr 30, 201209:48 AMBlog

Learning executives more confident in Q1

Apr 30, 2012 - 09:48 AM

Learning executives' optimism and confidence about the outlook and expectations for the learning function were higher in the first quarter of 2012 than the last three quarters of 2011, according to the latest measurement by the American Society for
Training & Development.

The Learning Executives Confidence Index for the first quarter of 2012 was 67.3, up from 66.6 in the fourth quarter of 2011, reaching the all-time high score achieved by the index in the first quarter of 2011.

The index fluctuated only 1.4 points throughout all of 2011 indicating that learning executives remained cautiously optimistic but could be potentially influenced by economic and job market instability. The 2012 first quarter index shows an increase in respondents who predict that the learning function will have a better
impact on corporate performance in the next six months. The LXCI is
measured by a 100-point scale.

Highlights from the LXCI for the first quarter of 2012 include:

• The majority (84.7 percent) of LXs expect either the same or better
availability of resources to meet learning needs.

• 21.7 percent think the impact on corporate performance will be
substantially better in the next six months, up from 19.9 percent in 2011.

• The majority of LXs (63.3 percent) believe that the current economic
situation will cause staffing levels to remain the same in the next six
months.

• 67.4 percent believe that the creation of new learning content will
moderately or substantially increase.

• 68.6 percent predict that their organization's overall profit
expectations will be moderately or substantially better.

• 67 percent of LXs believe that their organization's funding for
workplace learning and development will stay the same or moderately or
substantially decrease.

Click here to read the full report.

            

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