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Is a 'Great Training Robbery' happening?

Is a 'Great Training Robbery' happening?

The $162billion (£121million) spent on US corporate training in 2012 has been referred to as the “Great Training Robbery” by Michael Beer, a professor at Harvard Business School.

One of the six managerial barriers that, according to Beer, hinder communication and limit the value of training is the ineffectiveness of leadership teams.

Research by Oracle backs this up. They found that nearly 20% of European employees say the senior leadership team has the most negative effect on their level of engagement.

Speaking to HR Grapevine, Andy Campbell, Oracle’s HCM Strategy Director, muses on why this may be: “Companies have always tried to link their investment in training with measurable business improvement. This is easy enough when an employee drives more sales or works more productively in the weeks following a training course, but in most cases the causality isn’t that clear.

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