New Study to Benchmark Performance of Learning Programs

Peer Review: Advisory firm the Hackett Group is seeking participants for an upcoming study on learning and development. It seeks to help companies see how their learning initiatives stack up to those of other organizations, according to a statement by Hackett. Companies with revenues greater than $1 billion are eligible to participate. There is no cost. The study will “evaluate where companies are making investments, to determine how they can best allocate spending and staffing to improve effectiveness” of learning and development initiatives, Hackett says in a statement.

More than 40 different metrics will be captured and compared, including training cost as a percentage of revenue, a breakdown of delivery costs per training theme, internal and external program design and use rates, per-person costs of training delivery, and the percentage of design. It will focus specifically on the costs associated with designing and delivering training programs in five key areas: new-product development, specific skills/technical training, sales learning, professional development and leadership. Atlanta-based Hackett Group says the tabulated results are expected to be released in June.