Where Companies Go Wrong with Learning and Development - Harvard Business Review

Retaining knowledge is just as important as learning it.

Organizations spent $359 billion globally on training in 2016, but was it worth it?

Not when you consider the following:

75% of 1,500 managers surveyed from across 50 organizations were dissatisfied with their company’s Learning & Development (L&D) function;

70% of employees report that they don’t have mastery of the skills needed to do their jobs;

Retaining knowledge is just as important as learning it.

Organizations spent $359 billion globally on training in 2016, but was it worth it?

Not when you consider the following:

75% of 1,500 managers surveyed from across 50 organizations were dissatisfied with their company’s Learning & Development (L&D) function;

70% of employees report that they don’t have mastery of the skills needed to do their jobs;