From the monthly archives:
October 2012

Opportunity Costs: The Forgotten Training Cost

on October 29, 2012 · Comments · in The Business Of Learning

Opportunity cost is an economic concept with great relevance for the learning field. You might even say it is a philosophical concept. Basically, opportunity cost is the value of what is given up or forgone when a decision is made. In training, it is the value of the participant’s time. If they are taking your [...]

The Week That Was

on October 25, 2012 · Comments · in The Week That Was

Don’t be spooked by Halloween; read these top five stories from CLOmedia.com for the week of Oct. 22. 1. The Traits of Successful Leadership: Build successful leaders by focusing on creating alignment and synergy throughout the organization, writes Larry R. Nordhagen, author of A.R.T.ful Leadership: The Path to be Admired, Respected and Trusted as a Leader. 2. [...]

Why Do We Do Training?

on October 23, 2012 · Comments · in The Business Of Learning

I recently asked a student of mine why we do training. He was working on an exercise to strategically align learning to organization goals, an exercise I hope all of you go through at least once a year. Strategic alignment forces you to ask the hard questions. Sometimes the answers are simple, sometimes not so [...]

Millennials: Misrepresented in the Media

on October 23, 2012 · Comments · in Ask A Gen Y

There are enough criticisms of Gen Y to go around without questionable studies and reporting adding to the picture, but that’s not stopping the press. Earlier last week I came across this article, which states that 41 percent of a new group of women dubbed the SITCOMs (single in twenties, clinging on to memories) said [...]

Adopting the Management Point of View

on October 18, 2012 · Comments · in The Business Of Learning

One of the keys to successfully running learning like a business is to adopt a management point of view. This means that the CLO or vice president of training needs to think like the CEO and report accordingly. The best CLOs report at least quarterly to their CEO and often to a board of governors [...]