Why Corporate Learning Remains a Cost Center Vulnerable to Budget Cuts
Carol Leaman · How to Build the Right Solution | Carol Leaman, Founder of Axonify · PMF Show · Mar 15, 2022 · at 24:35
Carol Leaman, CEO of Axonify, discusses enterprise training and why traditional learning and development budgets get cut during cost-saving initiatives.
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“Historically, how you measured learning for the organization was the dollars you spent on it. Like, how much is it costing us to train every person? And then ask them at the end of the training, did they like it? And, you know, if you got 80% thumbs up, you were good. You just did it all again and again and again. And that was the extent of it. And it's the reason why learning in many organizations to this day is a cost center. And when cost cutting needs to happen, they carve back on learning.”
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