*New research shows HR professionals being asked to do more with less
when it comes to staff training*
Sevenoaks, UK – 6 November 2008 – New research launched today by eLearning and advanced content solutions provider, IMC (UK) Learning Ltd, shows that nearly nine out of ten HR professionals (88%) believe properly planned staff training can play a major role in addressing the challenges created by an economic slowdown. Despite this, over half (57%) of those questioned say staff training is one of the first budgets to be cut during bad times.
Recently, there has been much focus on the effects of the current economic downturn and impending recession, including streamlining businesses by cutting budgets. The survey, ‘Staff training during an economic downturn – opportunities and threats’, was designed to establish the views of HR professionals regarding the importance of training and learning in uncertain economic times.
Key findings emerged when HR professionals were asked about the effect of the economic downturn on training budgets. An overwhelming 80% agree that cutting training budgets at this time causes more problems than it solves, while 83% acknowledge that staff training is just as important during recession as when times are good.
Commenting on the research, Dr Dirk Thissen, managing director at IMC (UK) Learning Ltd, says: “The research clearly shows that HR professionals place a high value on training staff whatever the economic situation, which is extremely encouraging. During times of economic uncertainty more than ever it is essential to have a competent, skilled workforce. What is worrying, however, is that training budgets are high on the list of cuts when streamlining a business operation. It is clear that HR practitioners will be asked to do more with less as recession sweeps the UK.”
Adaptability is also seen as a key requirement from training when times are challenging. Over four in five (87%) respondents agree that it is important for training to adapt quickly and efficiently to organisations’ changing needs during an economic downturn. A similar number (88%) say that the ability to train both large and small numbers of staff cost effectively is important.
Thissen continues: “HR professionals are looking for flexibility from their staff training. Whereas they might previously have had the luxury of using a selection of training tools and methods, reduced budgets mean they must be able to produce and adapt materials to suit a variation of situations. With the increased development of eLearning tools and web based solutions, such as learning management systems and rapid authoring tools, HR practitioners can do exactly this. Content can be created quickly and efficiently and all learning activity can be combined in a single platform that can be adapted to specific business processes.”
For a copy of the ‘Staff training during an economic downturn – opportunities and threats’ report please email firstname.lastname@example.org or call 02072406959
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About IMC (UK) Learning Ltd:
IMC (UK) Learning Ltd is a subsidiary of IMC AG, one of the world’s leading service and technology suppliers of advanced learning and content solutions. Hundreds of companies ranging from multinationals to small and medium-sized companies, as well as public sector organisations, numerous training providers and over 150 universities carry out their training and continual professional development programmes with their employees, students and customers using IMC learning technology applications and services.
With CLIX®, which currently has over 2.5 million users, the rapid authoring system LECTURNITY®, the high-end authoring tool Dynamic Power Trainer®, the electronic performance support system (EPSS) LiveContext® and the Web 2.0 Open Content Community application SLIDESTAR®, IMC offers an integrated approach to comprehensive learning life cycle and knowledge management. The company, which has its headquarters in Saarbrücken, was founded in 1997 by Professor August-Wilhelm Scheer together with Dr Wolfgang Kraemer, Frank Milius and Dr Volker Zimmermann, and has branches in Berlin, Munich and Freiburg, a subsidiary in Malaysia (Kuala Lumpur) and affiliated companies in Switzerland (Zürich), Austria (Graz), Great Britain (Sevenoaks) and Romania (Sibiu).
As well as its core lines of business, IMC (UK) Learning Ltd organises the annual ‘The Art of Learning’ event in London. IMC AG has also organised the annual ‘Learning World’ event since 1999. It also publishes the trade magazine ‘IM Information Management & Consulting’.
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