Learning Executive Confidence Index (LXCI)
LXCI November 2008: The ASTD Learning Executives Confidence Index (LXCI) for November 2008 was 53.9 based on responses from 149 LXs to an online invitation-only survey, demonstrating collectively LXs expect their learning functions to remain the same or marginally improve over the next six months. This outlook is in alignment with the expectations the LXs have for their own organization’s performance with 52% reporting their industry will remain the same or improve over the next six months. Those who anticipate their own organization to have substantially worse profits in 12 months compared to today had an LXCI of 33.6 while those who expect their organization’s profits to be substantially better had an LXCI of 74.0.
At a time when the global marketplace is experiencing considerable change and corporate performance expectations for most industries are also uncertain, learning executives’ (LXs) confidence is starting to reflect that ambiguity. The downward turn has continued from last month as seen in the most recent survey (fielded October 30 through November 6, 2008). However many learning executives remain hopeful about achieving positive outcomes for learning in their respective organizations, with 83% having said that they predict their ability to meet their organizations learning needs to stay the same or improve over the next 6 months, and only 17% of LXs expecting their ability to worsen. On the same note, compared to August, 2008, an increasing number of LXs expect travel restrictions for both learners (62%) and instructors (50%). Nearly twice as many LXs expect a reduction in the creation of new content (20% up from 10% in August) and a greater reuse of existing content (31% vs. 17%). The specific anticipated reductions demonstrate ways to continue to meet the learning demands of their organizations even with reduced resources – the classic “doing more with less.”
November 2008 LXCI Report
October 2008 LXCI Report
September 2008 LXCI Report
August 2008 LXCI Report
What is the LXCI?
ASTD has created the ASTD Learning Executive 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 monthly Learning Executive 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.