The Association for Training Development estimates that the global training market was worth $306.9bn in 2013, up 5.2% on the previous year. The purpose of learning and development is,
however, not simply to create more skilled or knowledgeable individuals, but to improve workplace productivity and performance.
Yet it is widely acknowledged that only 5% - 20% of what is learned during formal training is transferred and applied in the workplace in a way that improves performance.
There are many different and entirely legitimate reasons for investing in the development of your leaders, but we start with the assumption that the desire to improve your organisation’s performance is foremost.
To achieve this, organisations must supplement high quality learning with tools and techniques that encourage, support and measure the transfer and application of that learning into the workplace.
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