Learning Executive Confidence Index (LXCI)
Learning executives’ expectations were slightly more positive at the year’s end. This quarter continued to show results that were higher than those seen in each quarter of 2010. However, the LXCI score remains lower than in the first two quarters for 2011. Derived from the responses of 408 learning executives to an online, invitation-only survey, these scores demonstrate that collectively, LXs continue to expect their learning functions to improve over the next six months. The aggregate 2011 Q4 score of 66.6 indicates that learning executives’ expectations remain high and may continue to rise in 2012. The average score for 2011 shows that each of the four key indices scores remain higher than the 2010 average.
•This quarter’s overall LXCI score of 66.6 reflects a slight 1.06 percent increase in the LX’s economic confidence levels from last quarter’s score of 65.9.
•The average LXCI score for 2011 was 66.7, which was higher than the 2010 average of 61.4, reflecting an increase in confidence levels among LXs for 2011 compared to 2010.
• About 45 percent of LXs believe that the availability of resources needed to meet learning needs will get moderately or substantially better in the next six months.
•LXs responding that they see their organization’s profit/performance expectations getting moderately or substantially better over the next 12 months increased from 61.7 percent last quarter to 65 percent, reflecting a 3.3 percent increase.
•Only 2.5 percent of LXs believe that the learning function’s ability to impact corporate performance will be moderately or substantially worse in the coming six months.
•The majority of LXs (66.2 percent) believe that the current economic situation will increase the use of e- learning, while the vast majority of LXs (85.2 percent) believe that travel for training purposes will stay the same or decrease over the next six months.
Download LXCI Reports:
The next LXCI (Q1 2012) will be distributed in March 2012. If you are a learning executive interested in participating in the survey, please send an email to astdresearch@astd.org.
What is the LXCI?
ASTD has created the ASTD Learning Executives Confidence Index (LXCI) to assess the outlooks and expectations of learning executives for the next six months on a 100-point scale, modeled after the CEO Confidence Indices reported by Chief Executive Magazine and The Conference Board.
The LXCI provides a snapshot of learning executive confidence in the future and factors in expectations of their learning functions' abilities to meet learning needs and to show impact in the following areas:
- Corporate productivity
- The status of learning as a key strategic
component within the organization, and
- The availability of resources for learning
Learning executives with low scores (0 to 49 on the scale) anticipate that in six months impact on these three areas will be moderately or substantially worse. Those with higher scores (51 to 100 on the scale) expect these areas to moderately or substantially improve.
The quarterly Learning Executives Confidence Index is a composite score for all learning executives included in the survey and reflects the expectations these senior executives have for learning in the next six months. Higher indices (above 50) reflect a more positive outlook and lower indices a more negative.