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A Budget Bonanza

CLO Magazine

And if learning investment plans are any indicator, learning executives are feeling pretty good about the future. Investment plans for 2019 show learning executives are confident entering budget planning season. Barring a significant economic event, CLOs are feeling pretty good about the budget picture.

Budget 53
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Is your global learning strategy truly global?

CLO Magazine

I realized that a global learning strategy is highly complicated. At present, my team and I are creating a global learning strategy. The purpose is to align business goals and communicate how the professional development team assists in achieving those goals. Develop cultural intellect.

Global 52
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The future looks bright for learning budgets

CLO Magazine

1 investment priority remains the same as reported last year, with 63 percent saying L&D strategy is either essential or high priority (Figure 3). As the pace of change accelerates around us, it’s no surprise that a solid learning strategy aligned with business goals is considered essential.

Budget 49
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CLO Investments Focus on Relevance and Technology

CLO Magazine

This year the focus remains on items that promote relevance, but with expanded focus on content development and technology enablement. Investments in training and development continue to grow after notable declines in 2009. This year, more than half of CLOs also report higher budgets than last year.

CLO 59
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Show Me the Money — and the Strategy

CLO Magazine

Most enterprises expect to continue their technology investment in assessment systems, learning management systems and analytics. Budgets aren’t crazy different, but there have been some changes. For the first time in four years, less than half of CLOs report their budgets in 2016 were bigger than 2015. See Figure 1.).

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Promote Better Alignment for Better Impact

CLO Magazine

It’s All About the Money Learning and development investments increased in 2012 and are expected to increase again this year. While many firms reduced learning budgets between 2008 and 2010 in reaction to the global financial crisis, learning technologies continue to be a priority.

Ratio 48
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How Effective are Your Training Dollars?

CLO Magazine

percent for the total project budget yielded up to 30 percent improvement in project success. The ROI calculation is based on the financial value of those relationships enabled by the learning strategy.” To satisfy the audience and optimize the training budget, leveraging assets, investments and technologies pays off.