Learning Executives are the most confident they've ever been since
ASTD started measuring that confidence with the Learning Executive
Confidence Index (LXCI).The LXCI for the first quarter of 2010
increased to its highest score to date after stabilizing in the
fourth quarter of 2009. The current LXCI surveyed 325 learning
executives about their expectations in four areas: impact on
corporate performance; ability to meet learning needs; status as a
key strategic component; and availability of resources. It is
modeled on the CEO Confidence Indices reported by Chief
Executive Magazine and The Conference Board.
The overall LXCI for the first quarter of 2010 was a record-high
61.0, up 0.8 points from the end of 2009. Learning executives (LXs)
revealed improved scores in key indices in the first quarter,
suggesting a continued sense of optimism and stabilization in most
key areas. After drops at the end of 2008, executive confidence
rebounded in the second and third quarters of 2009, plateauing in
the fourth quarter. The LXCI is measured on a 100-point scale.
Highlights from the LXCI for the first quarter of 2010 include:
85 percent of LXs expect their organization's profits will remain
the same or improve in the next six months.
85.6 percent of LXs believe their organization's performance will
remain the same or improve in the next six months.
Nearly three-quarters of LXs anticipate funding for the learning
function to increase or remain the same in the next six months.
Outsourcing appears to be on the rise with 27 percent of LXs
reporting use of external providers will increase.
An increasing number of LXs believe the economy will not impact
the learning function in the next six months.
ASTD's Learning Executive Confidence Index was launched in August
2008 and is designed to assess the outlooks and expectations of
learning executives for the next six months.
Click to read the full LXCI.