The 5A’s Framework: Making Training More Effective

One strategy for companies continuing to invest in leadership development  during these tough times is to look for ways to reduce the cost of training. Another strategy, which I consider much smarter and more strategic, is for companies to focus on the overall effectiveness of training.  Yes, training budgets are down 11% from last year, but there is[…]

Training Down, Leadership Development Up

When the economy is shrinking and businesses are struggling, training budgets get cut back just like everything else.  However, this time companies with a long-term view on talent management are approaching things differently.  The Wall Street Journal reported this week that although training budgets at U.S. corporations are down an estimated 11%, the share of budgets allotted[…]

Global Quest for Talent

I was following John Byrne’s (Editor-in-Chief of Businessweek) twitter acount and he mentioned that the most popular article on Businessweek.com today is “Microsoft: Layoffs for Some, Visas for Others:” As recently as Jan. 5, the company posted a policy proposal on President Obama’s transition Web site requesting that the government “remove caps that bar entry[…]

Business Trust Report Card: D-

Trust in business is falling like dominoes all over the economy.  Just think back over the past year.  Last year, Bear Stearns collapsed and was purchased by JPMorgan Chase for a pittance, leaving its stockholders and creditors facing steep loses.  Dock a few points from the trust barometer.   After all, Bear Stearns wasn’t some fly-by-night operation (or was it?). […]