Skillsoft Blog

Skillsoft study reveals CEOs want more training in less time and are willing to pay for it

Skillsoft today announced the results of a study which reveals
that in the current global economic climate, CEOs increasingly believe in the
value of learning, with 93 percent of business leaders in the UK stating that
they will either maintain or increase their training budget over the next 12
months. Only 13 percent listed cost as their most important consideration. The
study, conducted by  OpinionMatters, the UK’s leading research company, on
behalf of Skillsoft, surveyed 503 CEOs of businesses with more than 250
employees, across 13 business sectors, on topics that included recruitment,
leadership, learning, succession-planning and staff turnover.

Reflecting the time constraints in today’s competitive business marketplace,
42 percent of the CEOs interviewed for the study said the length of a course
was a more important deciding factor than its content. They prefer shorter
courses that require less time and allow for employees to remain productive
while receiving necessary training.


The study also found that measurable return on investment from
training mattered most to only seven percent of respondents. Also, the format
of delivery was largely irrelevant with only six percent listed this as an
important factor in choosing training. But the study did show that innovative
technologies are starting to impact the workplace, with 61 percent of CEOs responding
that they have a mobile learning strategy in place, with 24 percent planning to
embrace mobile learning in the near future. 

To support the leadership
development and training CEOs value, Skillsoft offers a variety of dynamic
award-winning resources including videos featuring world renowned business
gurus in Skillsoft’s
Leadership Development Channel
, Skillsoft's Leadership KnowledgeCenters, user-friendly
learning portals that allows learners instant access to trusted and targeted
content, and Skillsoft Leadership Advantage 2.0 (SLA 2.0), a leadership
skills training and development solution designed to make learning quick and
engaging. Skillsoft’s leadership development solutions can also be accessed
on-the-go with Skillsoft’s mobile learning solutions that deliver relevant
content for smart phones, tablets and other web-enabled devices, and on demand for
the mobile worker.

The research for this study was conducted by OpinionMatters and involved 503 telephone interviews
with CEOs and MDs of businesses with more than 250 employees (across the
following business sectors: professional, arts & culture, legal, HR, IT
& telecoms, finance, sales, media & marketing, retail, catering & leisure,
healthcare, manufacturing & utilities, architecture, engineering & building,
travel & transport, and education.)

A detailed analysis of the research can be
found in the latest Skillsoft whitepaper titled CEO perspectives on people: leadership, recruitment and skills
which can be downloaded on https://www.skillsoft.com/wp-content/uploads/2012/10/Research_Whitepaper_A4.pdf

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