The Great Training Robbery
Michael Beer (),
Magnus Finnstrom () and
Derek Schrader ()
Additional contact information
Michael Beer: Harvard Business School
Magnus Finnstrom: TruePoint
Derek Schrader: TruePoint
No 16-121, Harvard Business School Working Papers from Harvard Business School
Abstract:
In 2012 U.S. corporations spent $164.2 billion on training and education Overwhelming evidence and experience shows, however, that most companies are unable to transfer employee learning into changes in individual and organization behavior or improved financial performance. Put simply, companies are not getting the return they expect on their investment in training and education. By investing in training that is not likely to yield a good return, senior executives and their HR professionals are complicit in what we have come to call the "great training robbery."
Pages: 11 pages
Date: 2016-04
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Persistent link: https://EconPapers.repec.org/RePEc:hbs:wpaper:16-121
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