Learning executives' optimism and confidence about the outlook and
expectations for the learning function rebounded at the end of 2011
after declining in the second and third quarters of the year,
according to the latest measurement by the American Society for
Training & Development (ASTD). The current Learning
Executives Confidence Index (LXCI) surveyed 408 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 ASTD LXCI for the fourth quarter of 2011 was 66.6, up from 65.9
in the third quarter, but still below the record high of 67.3
achieved in the first quarter of 2011. The index fluctuated only
1.4 points throughout all of 2011 indicating that learning
executives (LXs) remained cautiously optimistic but could be
potentially influenced by economic and job market instability. The
fourth quarter did see an increase in respondents who predicted
that the learning function would have a better impact on corporate
performance in the next six months. The LXCI is measured by a
Highlights from the LXCI for the fourth quarter of 2011 include:
- 65 percent of LXs see their organization's profit/performance
expectations getting moderately or substantially better over the
next 12 months.
- 66 percent of LXs believe the current economy will increase the
use of e-learning.
- 85 percent of LXs believe that travel for training will stay
the same or decrease over the next six months.
- Almost 45 percent of LXs anticipate increased spending on
outsourced or external services to aid the learning function.
- Almost 16 percent of LXs reported a substantial increase in
their ability to meet learning needs in 2011 - nearly double the
number of 2010 (8.6 percent).
ASTD's Learning Executives Confidence Index was launched in August
2008 and is designed to assess the outlooks and expectations of
learning executives for the next six months.
Visit http://www.astd.org/content/research/LXCI.htm to read the