Learning Executives Expectations Decrease Slightly

ASTDs Learning Executive Confidence Index2011 Q3 Key Findings

• This quarters overall LXCI score of 65.9 reflects a slight 1.8 percent decrease in learning executive economic confidence levels, down from last quarters score of 67.1.
• The percent of learning executives expecting moderately better performance for their particular industry in the next six months dropped 8.1 percent from last quarter (48.2 to 40.1).
• Similar to last quarters expectations, about 70 percent of learning executives believed that the availability of resources needed to meet learning needs in the next six months will stay the same or get moderately better.
• Learning executives responding that they see their organizations profit and performance expectations getting moderately or substantially better over the next 12 months decreased from 68.1 percent last quarter to 61.7 percent reflecting a 6.4 percent drop.
• The majority, at 64.6 percent, believe the learning function as a key strategic component will improve either moderately or substantially in the next six months.
• The majority of learning executives (73.2 percent) believe that the current economic situation will increase the use of e- learning.
• 37.4 percent of learning executives anticipate increased expenditures on outsourced or external services to aid in the learning function in the coming months, down from last quarters 41.6 percent.
• The majority (57 percent) of learning executives believe funding for learning and development will not improve until Q1 of 2013 or later.
• Only 13.8 percent of learning executives are optimistic about travel for training purposes and 50.4 percent predict a substantial or moderate decrease.
• 77.2 percent of learning executives expect learning and development funding to moderately increase or stay the same, down from nearly 80 percent in Q2.