Share this article:

Are you squandering 80% of your money on ineffective training?

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.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

Sign up for myGrapevine

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.

Sign up to our daily newsletter

Have content like this delivered directly to your inbox.


Recommended

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • News
  • 4 mins read

Treasury Inquest | Treasury urged to overhaul disciplinary procedure after employee's suicide

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Podcast
  • 21 mins read

Podcast | Sr Director for DE&I, King: How we built our award-winning culture of inclusion

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Feature
  • 6 mins read

‘Be inspired’ | How HSBC is 'paving the way' with epilepsy training for staff

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Webinar

Proven programmes: How top UK employers are using CSR to drive employee engagement

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Resource
  • Download Guide

The 2026 Benefits Refresh: How to reduce hidden workforce health costs