The results of a recent survey published by the UK’s Institute of Directors (IoD) reported that IoD members’ organisations see training as an investment rather than a cost to business. Their commitment to training has held firm during the downturn in the economy with 80% saying their organisations had either maintained (51%) or increased (29%) investment in training over the past six months. Further, 88% of directors reported their organisations were planning to maintain or increase training investment in the next six months.
Rather than viewing training as a drain on business, these figures suggest that with investment in building the capacity of their people, organisations are looking to reap rewards when the upturn comes.
Download the report from IoD (2.17mb)