Canadian Organizations Under-Investing In Training

Canadian organizations are under-investing in employee training and development, and they are failing to allocate their training dollars in ways that lead to stronger business performance, according to survey findings from the Conference Board of Canada’s Learning and Development Outlook 2005.

“Canadian organizations have reached a plateau in their spending on training and development,” said Lawrence O’Keeffe, Director of Human Resources Management Research. “Training is a critical component of innovation, which leads to higher levels of productivity. Organizations need to align training investments with their overall learning strategy, so the dollars spent contribute directly to meeting business goals.”

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Source: Conference Board of Canada
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